Category: Automation Impact on Jobs

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.
All Resources

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 […]

Why We Should Think About the Threat of Artificial Intelligence

Why We Should Think About the Threat of Artificial Intelligence

Artificial Intelligence is leaping into the breach from voice-activated assistants to the projection of self-programming robots. The moment has brought humans to a point where they have replaced themselves from automation in a number of fields. AI and robotics have made their mark in every sector of life, whether it be home or workplace, hotels or industries, hospitals, or battlefields. AI is being used excessively in every field of life, and the time has arrived when we should fear if it takes over our jobs. Taking over the jobs doesn’t mean the ease of life, but analyzing it critically […]

A future that’s tense

By Patrick Simon et al

The next decade or two will likely bring about the biggest disruption to work and employment since the Industrial Revolution in the 19th century. In that era, machines replaced more than half of workers in some sectors during a span of only about 30 years.

This time around, the disruption could lead to even more dramatic consequences.… Executives say they’re unable to fill open positions that require skills in data science, digital technologies and advanced analytics. For the consumer packaged-goods (CPG) industry, the skill crunch is just around the corner, driven in part by the […]

Here’s What You Need to Know About the Future of Automation

Here’s What You Need to Know About the Future of Automation

Automation has a significant impact on how business operations are handled. Throughout decades, we have constantly strived to figure out ways to work smarter and get things done faster.

With technology accelerating at an incredible speed—leading us to the Fourth Industrial Revolution—it’s no wonder we’ve consistently sought ways to eliminate repetitive tasks and focus our efforts on areas that require brainstorming and creativity.

Mass automation is a big part of our world, and will continue to shape the economy moving forward. Raconteur recently released an infographic detailing the age of automation and its profound influence. According to their research, remote communication […]

Organised business and trade unions should consider joint ventures in IoT to kick-start ailing industries

Organised business and trade unions should consider joint ventures in IoT to kick-start ailing industries

C onnecting everyday physical objects to the internet and ensuring these can “talk” in the cloud may sound like something best left to science fiction writers. However, when you strip away the noise around machine-learning, robotics, the Internet of Things (IoT) and the coming Fourth Industrial Revolution, it becomes clear that an array of exciting opportunities for businesses and industries are on our doorstep in 2020.

The secret to success will be ensuring this data is harnessed so that a valuable action can be performed to benefit consumers, businesses and communities. The potential of this cutting-edge technology to lift under-performing […]

Robotisation could boost economy by $100b in 2030

Robotisation could boost economy by $100b in 2030

This GDP growth comes with a high robotisation rate of 44%, according to Oxford Economics.

The economy could get boosted by as much as $100b should Singapore achieve the optimal growth rate of robot installations across all sectors, according to an analysis by Oxford Economics. The firm calculated a 20% difference in Singapore’s GDP by 2030 with the high- and low-robotisation scenarios that it established.

Sung Eun Jung, economist at Oxford Economics, explained in a note, “Our scenarios were based on historical periods of growth in Singapore’s operational stock of robots. In the high scenario, we assumed that the robot stock […]