Crazy idea but hear us out… With robots taking people’s jobs, can we rethink this whole working to survive thing?

Crazy idea but hear us out... With robots taking people's jobs, can we rethink this whole working to survive thing?

A nation of takeout deliverers

The adoption of industrial robots in France makes manufacturing businesses more productive and profitable but at the expense of jobs, according to a recent paper presented by the National Bureau of Economic Research, a private, non-profit, non-partisan research organization in America.

In a paper titled "Competing with Robots: Firm-Level Evidence from France," economics professors Daron Acemoglu (MIT), Claire LeLarge (University of Paris Saclay), and Pascual Restrepo (Boston University) analyzed 55,390 French manufacturing firms to study the economic impact of robot adoption.Within that data set, 598 French companies deployed industrial robots between 2010 and 2015. The […]

Automated manufacturing helps Northern California firms do more with shallow labor pool

Automated manufacturing helps Northern California firms do more with shallow labor pool

The world of work increasingly will be automated, from the “internet of things” interconnecting management with production equipment such as industrial robots. Here’s a look inside a local company that is incorporating advances in such bots to expand sales without losing its workforce.

“When automation comes in, people are nervous,” said Jim Happ, president of Labcon North America, based in Petaluma. “And you just have to keep reassuring them until they see that it makes their life better, that they actually have the potential to make more money because they’re doing higher-value work.”

Labcon makes research consumables such as pipettes used […]

A jobless future

A jobless future

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11 The writer is a development and technology policy consultant. ONE of the first concepts taught in economics is the circular flow of income: workers sell their labour to producers and receive income in return, which then flows back to producers in return for finished goods and services. This foundation sustains the modern economy. But the quest for higher profits accelerates the breakdown of this relationship between capital and labour. In its worship of the bottom-line, capitalism aims to drive labour costs ever lower through technological progress.

Joblessness and increasing inequality erode purchasing power and break down […]

Automation: AI-enhanced Smart Machines and Software Will Endanger White-Collar Jobs

Automation: AI-enhanced Smart Machines and Software Will Endanger White-Collar Jobs

It’s certainly the case that low-skilled immigrants will not be employable in the coming automated economy when robots can perform simple tasks cheaply 24/7 with no coffee breaks.

But it’s also true that higher skilled persons won’t be needed in many fields as artificial intelligence (AI) develops more capability. Immigration in general should be dialed down severely with the automated future in mind. When technology experts say 30 to 40 million American jobs are at risk of being eliminated , we should pay attention even though the employment economy is quite healthy today.

Young people planning careers and middle-aged persons considering […]

Emerging trends that will shape HR in 2020

Emerging trends that will shape HR in 2020

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oday employees work more productively than ever before. Let’s look at some of the emerging HR trends for 2020. The world of work has been changed drastically in the previous decade. So it’s no surprise that the role of HR has transformed too. Consider the impact of the 2008 recession and significant technological advances like internal social media networks that have changed how we work. Today employees work more productively than ever before.

2020 will be another big year for HR; HR will be influenced by new trends that may transform the sector. HR professionals need to keep an […]

Robotic automation could move America towards Bernie Sanders-style socialism

Robotic automation could move America towards Bernie Sanders-style socialism

Taxing the Robots Illustration by Greg Groesch/The Washington Times more > ANALYSIS/OPINION:

“We’ll all be socialists by 2040.” That was a conclusion drawn by a panelist at a conference on the impact of automation on employment about 10 years ago.

Since then, things have moved even faster than expected. Consequently, Bernie Sanders may get his fondest wish. Robotic automation is creating the very real specter that we will be forced into socialism someday. We might well have a welfare state whether we want one or not. In 2010, I would have thought people of Mr. Sanders’ and my age wouldn’t […]

The Political Economy of Automation: Analysis of the 2016 U.S. Presidential Elections

The Political Economy of Automation: Analysis of the 2016 U.S. Presidential Elections

Klaus Schwab, the founder of the World Economic Forum, wrote in January 2016: “We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before.” He is describing, among other things, automation. His ominous message winks at what economics are calling the Fourth Industrial Revolution, a digital revolution that will fundamentally alter the way in which people live and work.

According to a 2013 study by Oxford economist Carl Benedikt Frey, 47 per […]

Other Voices: What’s next for the warehouse worker?

Other Voices: What’s next for the warehouse worker?

Other Voices: What’s next for the warehouse worker? Other Voices: Perspectives on shipshape distribution with a WMS Other Voices: Top strategies for boosting warehouse productivity Other Voices: Seven surefire ways to fuel warehouse productivity Smooth out the inbound with TMS More PathGuide Technologies News Maximizing Warehouse Space Utilization with Vertical Storage Before you tear down walls to expand or sign a lease for an additional facility, be sure you’re maximizing the space you currently have.
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Editor’s note: The following column by Eric Allais, president and CEO, PathGuide Technologies , is part of Modern’s Other Voices column, […]

Tech automation will mean less work for people to do, , according to a new book by economist Daniel Susskind

Tech automation will mean less work for people to do, , according to a new book by economist Daniel Susskind

practical economics ubs banner_version 2 World Without Work cover Economist Daniel Susskind’s new book, "A World Without Work," states that there will be less work to go around as technology innovation automates more tasks.

Governments might have to do more to help people in the future who are underemployed, including new taxation policies.

A more difficult problem to solve is helping people find meaning in their lives when occupations no longer provide validation. This article is part of a series called Practical Economics . You’re not paranoid. One day – sooner than you think – a […]

Tech innovation means less work for people to do, making it harder to find meaning in life, according to a new book by economist Daniel Susskind

Tech innovation means less work for people to do, making it harder to find meaning in life, according to a new book by economist Daniel Susskind

Daniel Susskind’s "A World Without Work" was published in January, 2020 Henry Holt & Company Economist Daniel Susskind’s new book, "A World Without Work," states that there will be less work to go around as technology innovation automates more tasks.

Governments might have to do more to help people in the future who are underemployed, including new taxation policies.

A more difficult problem to solve is helping people find meaning in their lives when occupations no longer provide validation. Susskind said economists should be engaging in these topics as the evolution continues. This article is part […]