Category: Automation Impact on Jobs

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates” 1 The BJP governments’ aggressive push for privatisation, corporatisation, automation etc – what they call ‘economic reforms’ – is rapidly undoing the meagre gains made by backward communities in recent decades. The electoral bonds scam has clearly revealed, these policies are shaped for the benefit of corporations, the overwhelming majority of them run by savarnas.

Important research findings all Indian citizens must pay heed to:

Corporate India is a savarna club: A study by Swadeshi Andolan revealed that not a single SC or ST person is present on […]

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

Biden speaking at an electrical equipment manufacturer in Milwaukee in 2023. Manufacturing has been front and center in recent years as the U.S. and China engage in a tech rivalry while companies look to reposition more of their supply chains domestically.

President Joe Biden has touted his policies to encourage more U.S. production of chips and green-energy technologies. Earlier this month, his administration pledged up to $6.6 billion so that Taiwanese Semiconductor can expand its facilities in Arizona . And last month, the administration reached a $19.5 billion funding deal with chip giant Intel for four new U.S. plants.

But data […]

Does Technology Help or Hurt Employment?

Does Technology Help or Hurt Employment?

By Peter Dizikes | MIT News

This is part 2 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 1 is available here .

Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: Consider a computer programmer, or someone installing solar panels on a roof.Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until […]

Artificial Intelligence: Is it a Looming Threat to Employment Generation?

Artificial Intelligence: Is it a Looming Threat to Employment Generation?

In the rapidly evolving landscape of technology, the advent of Artificial Intelligence (AI) has sparked both awe and apprehension. While hailed for its potential to revolutionize industries and streamline processes, there’s a growing concern that AI could pose a significant threat to employment generation. This sentiment has ignited a fervent debate among experts and policymaker’s worldwide. Proponents of AI argue that it has the capacity to enhance productivity, efficiency, and innovation across various sectors. From automated manufacturing processes to intelligent customer service systems, AI applications promise to streamline operations and unlock new avenues for growth. Advocates often highlight the […]

Is AI threatening employment stability? Here’s what economist says

Is AI threatening employment stability? Here’s what economist says

Illustration of construction workers. (Photo: Public Communication Bureau PUPR Ministry) UNAIR NEWS – The International Monetary Fund (IMF) has identified the development of Artificial Intelligence (AI) technology as it has the potential to exacerbate inequality and lead to a loss of 40 percent of jobs. These jobs are predicted to be replaced by AI. What are the threats of AI to employment stability in Indonesia?

Economics expert Prof. Dr. Sri Herianingrum SE MSc from Universitas Airlangga pointed out that these threats will target low-skilled jobs. All such jobs can be replaced by technology automation, such as robots.

“Low-skilled jobs that can […]

Study Shows Skills Shortage Is a Reality for Nine Out of Ten German SMEs

Study Shows Skills Shortage Is a Reality for Nine Out of Ten German SMEs

Press release from the issuing company Challenge: A widespread problem that extends beyond the printing industry Catching up to do: Almost half of SMEs only moderate when it comes to digitalization

Solution: Artificial intelligence, machinery, and robotics offer potential remedies

German SMEs are suffering a massive skills and workforce shortage – a fact highlighted by a representative survey among SME decision-makers that the F.A.Z. Institute conducted for Heidelberger Druckmaschinen AG (HEIDELBERG). According to this survey, nine out of ten German SMEs do not have enough staff. Just under half (49 percent) said they were badly or very badly affected […]

OneVision Software at drupa 2024

OneVision Software at drupa 2024

Press release from the issuing company

Software manufacturer OneVision is showcasing many possibilities for automating production processes at drupa in Düsseldorf from May 28 to June 7. For the first time, OneVision is demonstrating its solutions for digital production tracking throughout the entire production process.

Regensburg/Düsseldorf. The topic of this year’s premier exhibition for the global printing industry is “We create the future”. Automation and digitalization are key subjects to be addressed. Optimizing production processes can save valuable time and costs, especially during skilled worker shortages and rising costs, making print businesses more future-proof.Automation specialist OneVision invites drupa visitors to […]

Sharing the benefits of technological progress

Sharing the benefits of technological progress

High-tech-city-skyline-hologram.-3D-rendering. Image: iStock / Jarmo Piironen This is the first of three articles discussing how the benefits of technological progress are shared, and thus determine the distribution of income and influence our economic and social structures. This first article focuses on how these benefits have been shared historically.

Throughout history the growth in living standards has come from increasing productivity and over thousands of years almost all that productivity growth has been driven by technological progress. Furthermore, the standard model used by economists who study economic growth typically assumes that this increase in productivity is more or less equally […]

The Inevitable March of AI: A Future of Smart Automation

The Inevitable March of AI: A Future of Smart Automation

The advancing tide of artificial intelligence (AI) is poised to redefine the workplace with nearly half of employees acknowledging the superior capability of AI in handling mundane tasks. This seismic shift is anchored in a history of research stretching back to the 1950s, initiated by visionaries such as Alan Turing who laid down the fundamental principles of computing and the potential for machines to mimic human intelligence.

Today, figures like Sam Altman, the CEO of OpenAI, are instrumental in driving forward the development of potent AI technologies. Their work underscores the reality that countless jobs may soon be under the […]

Embracing the Future: Navigating the Impact of GenAI on Career Evolution

Embracing the Future: Navigating the Impact of GenAI on Career Evolution

Embracing the Future: Navigating the Impact of GenAI on Career Evolution

Daniel CF Ng

· Follow 3 min read·1 hour ago In an era defined by rapid technological advancement and innovation, the emergence of GenAI represents a transformative force that is reshaping the landscape of work and employment. As fears of job displacement and automation loom large, it is crucial to recognize that GenAI itself is not the harbinger of job loss, but rather the individuals who embrace and harness its potential stand to thrive in the evolving workforce. In this essay, we delve into the inevitable situation […]