Here is how AI will build more jobs than it will take away

Here is how AI will build more jobs than it will take away

Photo Credit: Pixabay There are many people worldwide that are actively frightened about the role that Artificial Intelligence (AI) will play in the future of their career path. While machine learning can be a powerful tool that is eliminating a number of simple tasks within the workplace, many people that feel threatened in their job may actually see signs of encouragement when it comes to the use of AI systems. In this article we will explore some of the top ways that AI can actually create millions of more jobs rather than destroying long-standing positions:

We have survived new […]

We can choose how automation will change society

We can choose how automation will change society

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Workers should have a say in the future of their jobs Close What will the future of work look like? It is a question that is being asked by many people — not just by economists, but by political scientists, labor organizers and everyday people alike. The reason for the popularity of this question has to do in part with what we see happening to labor in the marketplace. Go to a Walmart around here and you will find multiple self-checkout kiosks where you input the items you want to purchase through a scanner instead of employees scanning […]

Robots might take over CEE jobs, but what does this mean for the future of employment?

Robots might take over CEE jobs, but what does this mean for the future of employment?

Workplace automation meets brain drain and ageing populations: In Eastern Europe, the ‘Fourth Industrial Revolution’ will fundamentally transform job markets in the future – yet studies suggest that the effects may have surprisingly positive effects.

Brain Drain: It’s a term that has taken some momentum across a number of countries as officials consider how to retain young talent within their countries.

From fearing that Brexit might send talent running for the bright job markets and open borders of the European Union, to employers reportedly being forced to hike up wages in Eastern Europe as a last-ditch attempt to retain staff, it’s […]

The New Workforce: 3 Tactics to Secure your Digital Future

The New Workforce: 3 Tactics to Secure your Digital Future

Both individual employees and their employers need to take action to prepare for a future where people increasingly work alongside machines.

Automation and artificial intelligence technologies are posing a peculiar challenge to workforce management. On the one hand, they are taking over certain types of jobs, sparking unemployment worries among workers. On the other hand, they are creating new opportunities requiring workers with specialized skills that are, unfortunately, in short supply. In numbers this reads as 5.5% of the world’s job seekers remaining unemployed, even as tens of millions of positions remain unfilled. We are staring down the barrel of […]

Artificial intelligence: friend or foe to employees?

Artificial intelligence: friend or foe to employees?

Source: Depositphotos To some degree, humans are quite predictable.

When faced with a change, our amygdala, the region of our brain that triggers a fight or flight response, will predictably influence human behavior. For example, when your company announces a change like consolidation or layoffs, people will react with either resistance, enthusiasm or worse, ambivalence.

Over the course of American history, we have faced many changes that were initially feared. When Henry Ford released the Model T car, fears from the loss of employment in the horse and buggy “industry” were palpable. Over time, however, enthusiasm replaced fear. Ford had created […]

The Great Myth of the AI Skills Gap

The Great Myth of the AI Skills Gap

One of the most contentious debates in technology is around the question of automation and jobs . At issue is whether advances in automation, specifically with regards to artificial intelligence and robotics, will spell trouble for today’s workers. This debate is played out in the media daily, and passions run deep on both sides of the issue. In the past, however, automation has created jobs and increased real wages.

A widespread concern with the current scenario is that the workers most likely to be displaced by technology lack the skills needed to do the new jobs that same technology will […]

Easynomics: Who are the robots really coming for?

Easynomics: Who are the robots really coming for?

Over the last few years, articles on the robots, algorithms and automation, taking away human jobs, have been regularly making it to the media. Usually, most of these articles paint a picture of a very bleak future, where human beings won’t find jobs that easily.

In this scenario, a large part of our lives will be devoid of meaning, given that human beings do find a lot of meaning in their work. And of course, they will have a problem of not earning enough money.
Having said this, the fear of being roboed, for the lack of a better […]

The misunderstood impact of automation on work

The misunderstood impact of automation on work

Automation’s impact on jobs is one of the most talked-about issues in financial services right now. It’s also one of the most misunderstood.

Augmentation or elimination?

The conversation most of the world is having about the impact of intelligent machines on the workplace has its roots in a paper published in 2013 by two researchers at the University of Oxford. “Technology at Work: the Future of Innovation and Employment,” by Carl Frey and Michael Osborne, analyzed hundreds of different jobs for their susceptibility to automation. Alarmingly, the authors concluded that roughly one in two jobs in America is at […]

Emerging Tech Divides Workforce

Emerging Tech Divides Workforce

Technology is spreading throughout the workforce, leaving many people without jobs. Getty Images967522166 Companies are adopting emerging technologies wildly throughout the industry, but for Arizona, it is hard to ignore how much it is growing.

Intel’s $7 billion chip plant is going up in Chandler and Axon is bringing talent from Silicon Valley to Scottsdale to keep up with growing demand. Meanwhile, startups are also flocking to the area as well, the San Francisco Chronicle reports.

Even though innovation is taking place throughout the state, the vast majority jobs are still in workaday service industries, such as health care, hospitality, retail […]

Automation threatens more than half of all formal jobs in Brazil

Automation threatens more than half of all formal jobs in Brazil

Automation technologies such as artificial intelligence (AI) could make more than half of all formal employment vacancies irrelevant in Brazil, according to new research.

The study by University of Brasília (UnB) employed data from a government database used to inform policies around the Brazilian labor market. The database covers 97 percent of formal employment in Brazil and includes information such as workers’ income, educational level and age.

Some 1122 occupations were split into in five groups according to the level of knowledge required to perform the various tasks. According to the research , which also incorporated evaluations from 69 local researchers […]