Category: Automation Impact on Jobs

How Technology and Automation Are Reshaping Wage Structures

How Technology and Automation Are Reshaping Wage Structures

Table of Contents 1. The Impact of Automation on Job Creation and Destruction

2. Rethinking Wage Determination in an Automated Economy

3. Skill Gaps and the Rising Demand for Technology-Savvy Workers 4. The Role of Artificial Intelligence in Wage Inequality 5. Geographic Disparities: How Automation Affects Different Regions 6. The Future of Work: Adapting Wage Structures for Remote Employment 7. Policy Implications: Balancing Automation and Fair Compensation Final Conclusions 1. The Impact of Automation on Job Creation and Destruction Automation has revolutionized industries, driving both job creation and destruction in […]

Clocking off: The shift to outcome-focused work

Clocking off: The shift to outcome-focused work

Start the conversation The future of work is not about time spent at a desk or the number of tasks completed – it’s about outcomes. Image: LinkedIn. Dan Schawbel looks into the near future of work and plots a trend that is making the traditional models of productivity and performance measurement obsolete.

Organisations worldwide are becoming more efficient through automation, people analytics, and employee monitoring.

I and many other observers have identified a shift from time spent doing work, to outcomes resulting from work.Where, when and how you work won’t matter as much as the results generated, such as increasing […]

How the future will affect us

How the future will affect us

Public Services and Procurement Canada is using automation to help with tasks like processing retroactive payments outlined in new collective agreements and leave-without-pay entries, which used to be processed manually by compensation advisors. Getty Images Article content

In the coming years, emerging technologies will profoundly reshape nearly every aspect of human life, influencing how we work, communicate, manage our health, and interact with our surroundings. These innovations promise a future that is more efficient, connected, and personalized, impacting the lives of ordinary citizens in significant ways.

Advertisement 2This advertisement has not loaded yet, but your article continues below.Article contentOne of […]

Balancing tomorrow’s progress with a prosperous workforce

Monthly Labor Review logo image Book Review

August 2024

The Work of the Future: Building Better Jobs in an Age of Intelligent Machines. By David Autor, David A. Mindell, and Elisabeth B. Reynolds, with foreword by Robert M. Solow. Cambridge, MA: The MIT Press, 2023, 188 pp., $22.95 paperback.For decades, technological development has stirred both excitement and fear in the public. In The Work of the Future: Building Better Jobs in an Age of Intelligent Machines , David Autor, David A. Mindell, and Elisabeth B. Reynolds delve into this topic by examining the effects of technological advancements on the […]

Agility Robotics’ Digit: A Glimpse into the Future of Automated Labor

Agility Robotics’ Digit: A Glimpse into the Future of Automated Labor

Agility Robotics Digit humanoid robot in automated labor In today’s fast-changing world, automation is reshaping industries incredibly, making robotics an essential part of the workforce. Agility Robotics is leading this exciting transformation with its advanced humanoid robots. Its flagship product, Digit , represents a groundbreaking leap forward in automated labor.

Automation has long been a hot topic, but recent advances have made it a reality in many sectors. Today’s robots go beyond performing repetitive factory tasks; they can mimic human movements and make decisions. Among these, Digit is an excellent example of the future of work with automated labor. The […]

Automatic Shrimp Compaction for Enhanced Vertical Plate Freezer Operations

Automatic Shrimp Compaction for Enhanced Vertical Plate Freezer Operations

Carsoe is thrilled to announce the launch of our latest innovation designed specifically for the seafood processing industry: the Product Compactor. This add-on for V Plate Freezers will transform how shrimps are compacted in vertical plate freezers, bringing efficiency, automation, and quality to your operations. Elevating Quality with Automation

With this system, a strenuous and time-consuming task is eliminated. The automated process significantly increases your block quality, and your production can run continuously to get the valuable catch processed quickly and consistently.

The consistent pressure of the Product Compactor offers optimized water content in each block, which is critical in […]

The geography and determinants of ‘new work’ in the United States

The geography and determinants of ‘new work’ in the United States

Web developer job advert in newspaper The evolution and changing content of work is a defining feature of advanced economies. The most advertised jobs in 1990 did not exist as job titles in the 1950s (Atalayt al. 2020) and 63% of employment in 2018 was performed in jobs that did not exist in the 1940s (Autor, Chin, Salomons, and Seegmiller, 2024). An economy’s capacity to create tasks and functions that culminate into distinctly new types of jobs – ‘new work’ – is crucial for maintaining employment and continued economic prosperity (Autor, 2015). Jobs described as “data warehouse architect”, “internet […]

Cobots Take on Manufacturing Challenges

Cobots Take on Manufacturing Challenges

QTR improved welding efficiency with a Universal Robots cobot and an IPG handheld laser welder. Source: Universal Robots Cobots—collaborative robots that can work safely alongside humans—are finding greater use in industrial environments. According to research firm SkyQuest, the global Collaborative Robot Market value was $815.40 million in 2022 and is set to grow from $914.88 million in 2023 to $2297.77 million by 2031. This suggests a compound annual growth rate of 12.2% from 2024 to 2031.

A short list of cobot applications include material handling, gluing and sealing, quality control and testing, machine monitoring, packing, packaging and palletizing, sanding, polishing, […]

Tony Blair thinks the DWP could be automated by AI. Here’s why that’s so dangerous

Tony Blair thinks the DWP could be automated by AI. Here's why that's so dangerous

Tony Blair has called for public bodies to ramp up their use of automated systems. Image: Wikimedia Commons In the course of a parliament that was littered with authoritarian threats, victories for human rights and civil liberties were not easy to come by. But earlier this year a coalition of human rights organisations and groups representing disabled people, the elderly and some of the most vulnerable in our society, including the Big Issue Group, roundly defeated the previous government over proposals to scan the nation’s bank accounts under the premise of tackling fraud and error in the welfare system.

These […]

Dell Technologies Inc. (DELL): This AI Stock Is Trending Right Now

Dell Technologies Inc. (DELL): This AI Stock Is Trending Right Now

We recently compiled a list of the 17 Trending AI Stocks According to Latest News And Analyst Ratings . In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against the other trending AI stocks.

One of the biggest breakthroughs of artificial intelligence in the past few years has been the advances in natural language processing. These AI models in language are now making their way into the business world and the society at large. Over a course of the next decade, informed estimates by investment advisors at Goldman Sachs indicate that these […]