The American workplace is in the midst of unprecedented change that may put a permanent stamp on how companies conduct work for decades to come.
Even before the coronavirus pandemic, companies were experimenting with things like shorter hours and workweeks, as well as remote work. Likewise, digital healthcare is experiencing a boom that will change consumer habits, while the race for talent has become even more competitive with the acceleration of remote recruiting tools and thousands of new job seekers.
“The coronavirus has changed every aspect of the workforce,” says Julie Schweber, senior HR knowledge adviser at SHRM. “[Going forward], employers […]
Technology may be getting more sophisticated every day, and slowly cannibalising manual tasks and administration, but data shows it’s not a future of robot overlords we face, so much as technology-assisted work.
That’s good news.
Tech that cuts out admin and gives us powerful insights into our customers frees us up from the daily grind.It allows us to use more of our innately human skills – like creativity, interpersonal skills, strategic-thinking and problem-solving.Here’s how to be part of it. SKILLS NO LONGER IN DEMAND Let’s skip over the bit where we point out the futility of competing with technology to […]
ADVERTISEMENTS: Essay on the Benefits of Automation in an Organization! Automation is becoming the order of the day, all important industrial processes are going to be automated. It’s not surprising […] Automation is effecting jobs especially in the automobile industry. Indeed, this myth of fire and box is remarkably close to the modern view of technology impact of these emerging technologies on the workforce and the provision of health benefits, pensions, and social insurance. I agree with the author that automation is set to result to a lot of benefits but on the other hand, it is also going […]
I agree with the author that automation is set to result to a lot of benefits but on the other hand, it is also going to impact on other sectors. Indeed, this myth of fire and box is remarkably close to the modern view of technology Discussions of how automation will alter working life, however, are always loaded with ‘maybe’ statements. In today’s highly competitive scenario, a streamlined, standardised infrastructure is integral to the way applications; business processes and service are delivered. Automation – Automation – Advantages and disadvantages of automation: Advantages commonly attributed to automation include higher production […]
Is China to blame for all the manufacturing jobs Wisconsin lost in recent decades?
That’s the claim from a Facebook video making the rounds in the runup to the November 2020 presidential election.
President Donald Trump and former Vice President Joe Biden are ramping up their own campaign ads, but an avalanche of outside groups are trying to get their own messages across.A June 4, 2020 Facebook video from conservative SuperPAC America First Action attacks the former vice president for not understanding "the threat" China poses to the United States.The video features Biden and then-Secretary of State Hillary Clinton at a […]
The idea of a Universal Basic Income (UBI) has always made sense. That is why it has attracted such broad backing from sometimes unlikely supporters.
Conservative thinker and author Milton Friedman supported it, as does Canadian Conservative Sen. Hugh Segal and Martin Luther King.
But we now know one thing we didn’t before COVID-19. UBI works. We know that because the federal government quickly realized a crisis basic income was essential to cushion the pandemic’s economic impact on millions of Canadians.The government came up with the Canadian Emergency Response Benefit (CERB), $2,000 per month to Canadians suffering pandemic-induced job loss.CERB has […]
By now, even casual consumers of business news are aware of the emerging maxims regarding “the future of work” in the wake of COVID-19, and the economic and employment shocks it has thrust upon the global economy. The predominant orthodoxy can be summed up as follows: “The robots are here to stay .”
Robotic process automation, and organizations’ abilities to harness the benefits it promises, was already a disruptive economic force before COVID-19. Its benefits were easy enough to define: the reduction of human error, the effective elimination of time-consuming tasks, and higher overall levels of productivity for lower (long-term) […]
In his treatise, “The Wealth of Nations” (1776), Scottish economist Adam Smith laid the foundations of classical free-market economic theory. He postulated that rational self-interest and competition can lead to economic prosperity for all, and that pursuing our own self-interest unintentionally benefits society as a whole. But he was wary of businessmen and warned of collusion among them forming conspiracies and monopolies to increase prices as high as they could. He further warned that a business-dominated political system would further the interests of business and industry over consumers by influencing legislation. He pointed out that their interests differ from, […]
Credit: GE Aviation Ask the Editors: The Aviation Week Network invites our readers to submit questions to our editors and analysts. We’ll answer them, and if we can’t we’ll reach out to our wide network of experts for advice.
What will happen to the aerospace industry when 100,000 jobs are lost in the next two years?
Senior Business Editor Michael Bruno responds: Workers will be fortunate if it is only 100,000 jobs lost. We know already that tens of thousands of layoffs—not furloughs but permanent workforce reductions—have been set in motion. More are expected in the coming […]
Image Courtesy: reply.com Advances in the field of robotics which is a mix of computer science, mechanical and electronics engineering, and science have implied that machines or related types of automation currently do the work of humans in a wide range of settings, for example, medicine, where robots perform medical procedures previously done by the surgeon’s hand. Robots have made it simpler and less expensive for employers to complete work. The drawback, in any case, is that some sensibly well-paying jobs that gave white-collar class work to people have become the area of machines.
The present workforce faces various challenges […]