Category: Automation Impact on Jobs

Ari Brouillette: The treasury secretary and the Swedish girl

Ari Brouillette: The treasury secretary and the Swedish girl

Treasury Secretary Steven Mnuchin was recently asked about climate activist Greta Thunberg’s call for divestiture from fossil fuel stocks.

His answer was unsurprisingly blunt, “After she goes and studies economics in college, she can come back and explain that to us.”

What, after all, could a teenage girl be expected to know about the complex world of finance and energy? Mnuchin is of course a Yale graduate, former Goldman Sachs executive, and hedge fund CEO, tasked with guiding the world’s largest economy safely through these increasingly turbulent economic times. Surely economics, the so called dismal science, could identify which of these […]

How Oregon Works: AI will remake work as technology progresses

How Oregon Works: AI will remake work as technology progresses

Whose job is safe from advancing technology?

Opinions on the future of artificial intelligence in the workplace are cautiously optimistic — unless you’re in food service, transportation or manufacturing.

Even with that tidbit of grim news, industry observers are uniformly upbeat about further advances in workplace technology leading to new jobs.And even if you are a member of a professional field vulnerable to job losses, there’s probably still time for retraining. Change — especially if it has a huge price tag — doesn’t happen over night.“Things are advancing in harder ways to predict than in the past,” said ECONorthwest president John […]

Automation & unemployment: could robots people on the street?

Automation & unemployment: could robots people on the street?

Moscow, January 31 – “News.Economy.” A lot of discussion going on about the feasibility of introducing robots in people’s lives. Some believe robots are a positive asset to humanity, while others see them as a mortal threat – rapid and irreversible.

now more and more robots are working in real factories and warehouses where they day-to-day perform the same tasks as the people around them. Robots appreciate that they increase productivity by helping small companies compete with larger ones, and even for the fact that they give people the opportunity to go from boring and repetitive tasks to more interesting […]

Economic Survey 2020 stresses on Assembled-in-India

Economic Survey 2020 stresses on Assembled-in-India

Representative Image MORE FROM THE AUTHOR

Make In India hasn’t really taken off, except in a few sectors such as mobile phones and automobiles. The programme, however, forms an important pillar when it comes to the government’s strategy around jobs creation. The Economic Survey 2019-2020 reinforces this view and offers guidelines on fine tuning the country’s manufacturing strategy. To create employment, India must focus more on assembly, particularly of ‘Network Products’ or where production occurs across Global Value Chains operated by multi-national corporations.

The Survey states that by integrating "Assemble in India for the world" into Make in India, […]

Lower wages and fewer full-time hours for men in Waterloo Region linked to manufacturing decline

Lower wages and fewer full-time hours for men in Waterloo Region linked to manufacturing decline

Workers at Innovative Steam Technologies in Cambridge, a company that has recently been revitalized by new fabrication orders after they closed in May 2018. – Peter Lee , Waterloo Region Record WATERLOO REGION — The shrinking manufacturing sector in Waterloo Region and much of southwestern Ontario over nearly two decades has contributed to lower overall wages and fewer full-time working hours for men.

A new report from Statistics Canada found that between 2000 and 2015, areas of the province with a high reliance on manufacturing saw full-year, full-time employment for men drop by nine percentage points or more. That includes […]

A New Wrinkle And Danger In How Automation Will Obsolete Jobs

A New Wrinkle And Danger In How Automation Will Obsolete Jobs

ANLONG, CHINA – JANUARY 7,2020 – Workers operate intelligent scans on electrical automation Automation and the transformation of work are critical topics today and a potential upheaval (not in a good sense) taken to income inequality.

There have been many takes on the topic. Some people are sure that, as has happened before in the Industrial Revolution and at other points, such as the commercial use of electricity, the development of integrated electronics, and the broad adoption of computers, some jobs will disappear, only to be replaced by others.

I’ve found the other side more persuasive: that things are different now […]

“A World Without Work” By Daniel Susskind, A Book Review

“A World Without Work” By Daniel Susskind, A Book Review

2015 Scott Griessel/Creatista, Depositphotos The term “technological unemployment” was popularised in the 1930s by the celebrated economist John Maynard Keynes. Fifty years later, another renowned economist called Wassily Leontief warned that jobs for humans might follow the same path that jobs for horses did in the early 20 th century. So the idea has a respectable economic heritage, but economists are still arguing about whether it will actually happen.

The latest contribution comes from Daniel Susskind, a member of an unreasonably talented family of lawyers, economists and academics. His economic credentials are strong: previously an adviser at Number 10, he […]

The Three Civil Rights–Era Leaders Who Warned of Computers and Racism

The Three Civil Rights–Era Leaders Who Warned of Computers and Racism

When the internet turned 50 last year, there was much to celebrate. It proved to be a powerful platform from which to mobilize millions to fight for racial, economic, and social justice, through movements such as Occupy Wall Street, the Arab Spring, and Black Lives Matter. It has also given us a million different ways to escape, chill out, and give ourselves a much-needed break—from cat videos to Cookie Clicker (where I have amassed more than 55 million cookies in just the past week alone).

But the anniversary also gives us a reason to reflect. Computing and the internet have […]

If this era of automation mirrors the past, we’re in trouble

If this era of automation mirrors the past, we’re in trouble

There are two general philosophical camps when considering the automated future: those who believe it will be a time where massive numbers of jobs eliminated and large segments of the population will find themselves struggling to make ends meet, and you will also find people who think everything is going to be just fine. The second group will argue that automation will create new types of work and that automation has always been a positive thing in the past.

Those who think automation fears are overhyped often cite the Industrial Revolution, which started towards the end of the 18th century, […]

New skills, not your college degree, are what you need to acquire for a better future!

Home / Education / New skills, not your college degree, are what you need to acquire for a better future! It is often said that we are on the brink of the “Fourth Industrial Revolution”, a digital revolution that will change the way we live and work.

Adopting and embracing new technologies is extremely important for various industries like Robotic Process Automation, IoT edge computing, Augmented Reality & Virtual Reality, Artificial Intelligence, Cybersecurity. (Getty Images/iStockphoto) It is often said that we are on the brink of the “Fourth Industrial Revolution”, a digital revolution that will change the way […]