ILO’s call for empowering youth for decent work and sustainable development in Bangladesh

ILO’s call for empowering youth for decent work and sustainable development in Bangladesh

Statement

On the occasion of International Youth Day, the International Labour Organization, Bangladesh acknowledges the political transitions the country is undergoing, and appreciates young people for leading such a transition with a quest for fairness, freedom, equity and justice. We are confident that the country will succeed in a peaceful political transition, providing productive and decent work opportunities for young people in the days ahead.

12 August 2024The theme for this year’s Youth Day is “From Clicks to Progress: Youth Digital Pathways for Sustainable Development,” which has been chosen to celebrate young people’s contribution to advancing digital technologies, which has impacted […]

The Rise of Android Workers: A Glimpse into the Future

The Rise of Android Workers: A Glimpse into the Future

In the coming years, a new era dawns as technology continues its relentless march forward. Gone are the days of mere speculation; we are now witnessing the birth of a revolution that will shape industries across the globe.

While once confined to the realm of science fiction, the advent of humanoid robots is now upon us. These anthropomorphic machines, capable of emulating human movements and tasks, present a monumental opportunity for progress.

Industry giants such as Boston Dynamics have already made significant strides in the field of robotics, with their innovative creations paving the way for a […]

Labour unions and its’ role in AI automated workplace

Labour unions and its’ role in AI automated workplace

Introduction

Labour unions or the trade unions are the organizations formed by coming together of collective members from different fields and professions advocating for their rights and interests. Such unions represent their members i.e. employees to the employer addressing their respective issues relating to matters of wages, working hours, working conditions and advocating social policies that impact workers. Unions may significantly raise employment standards and job security by uniting workers and using their collective strength to accomplish these goals.

In today’s world labour unions play a crucial role in protecting and sustaining workers and employees in the era of […]

Pioneering AI in the digital age

Pioneering AI in the digital age

Alex Galbraith at SoftwareOne shares key takeaways from the London AI Summit Artificial Intelligence (AI) represents a transformative force with the potential to revolutionise society, from healthcare and education to finance and entertainment. By automating complex tasks, enhancing decision-making processes, and enabling new levels of personalisation and efficiency, AI stands at the forefront of technological advancement.

Recognising this potential, SoftwareOne attended the annual AI Summit at Tobacco Dock in London earlier this summer, to explore practical and profitable AI implementations. Here are our top five takeaways to help guide organisations on their AI adoption journey.

1 The human-machine balance One […]

Amazon Is Testing Speedy Delivery Service Featuring Kia Souls

Amazon Is Testing Speedy Delivery Service Featuring Kia Souls

Amazon contract workers sort packages for delivery in New York. (Angus Mordant/Bloomberg) (Bloomberg) — Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.

The boxy little vehicles, already zooming around metro areas such as Seattle and Dallas, are a recent addition to the company’s six-year-old Delivery Service Partner initiative, which outsources the hiring and management of drivers to small contracting firms that typically lease Prime-branded trucks and vans.

While van drivers mostly work full shifts hauling 200 or more packages, the Kia drivers are usually part-timers who might bring 50 items on […]

How Digital Transformation is Shaping Job Roles

Digital transformation, the integration of digital technology into all areas of a business, fundamentally changes how companies operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. This phenomenon is not just altering business models but is also reshaping job roles across various industries. The Evolution of Job Roles

1. New Job Titles and Functions

Digital transformation has given birth to entirely new job titles and functions that didn’t exist a decade ago. Positions such as Data Scientists, Cybersecurity Analysts, Cloud Architects, and […]

Nucor leans into automation to boost productivity, safety

Nucor leans into automation to boost productivity, safety

A Nucor electric arc furnace. The company’s investments in automation at several steel plants have helped reduce manual labor and improve worker safety. Dive Brief:

Nucor is investing in automation to manufacture its steel products as it looks to cut costs and boost factory safety, the company’s CEO Leon Topalian said on a Q2 earnings call on July 22.

As part of its automation investment, Nucor is working on automating its material handling equipment at multiple plants, including upcoming plants in Indiana and Alabama. “We’re seeing the potential applications of AI and automation in a whole raft […]

How does automation impact labor market dynamics and job security?

Insight from top 5 papers

Automation significantly impacts labor market dynamics and job security by reshaping industries, transforming job roles, and creating wage differentials [2] . The task model clarifies that automation substitutes capital for labor in various tasks, leading to both positive productivity effects and negative displacement effects, reducing employment opportunities for workers [3] . Research shows that industries with high automation potential increase susceptibility to job insecurity, with social media engagement potentially mitigating this effect [1] . Moreover, the government plays a crucial role in ensuring a fair labor market amidst concerns about decreased employment opportunities and […]

What role does technological advancement play in determining future salary trends and wage structures?

What role does technological advancement play in determining future salary trends and wage structures?

Table of Contents 1. The Impact of Automation on Job Displacement and Salary Adjustments

2. Artificial Intelligence and Its Influence on Skill Demand and Compensation

3. The Role of Remote Work Technology in Reshaping Wage Structures 4. Emerging Technologies and Their Effect on Industry-Specific Salary Trends 5. Skill Gaps and the Wage Premium for Tech- and Data-Savvy Professionals 6. The Future of Salary Negotiations in a Digitally-Driven Job Market 7. Legislative Responses to Technological Changes and Their Impact on Wage Policies Final Conclusions 1. The Impact of Automation on Job Displacement […]

India’s Growth Stalemate: Breaking Free From The Middle-income Trap

India's Growth Stalemate: Breaking Free From The Middle-income Trap

# Middle-income Trap

# Economic growth

Economic growth isn’t just a numerical target; it’s the lifeblood of a nation’s prosperity, writes the author India’s economic growth has been substantial but has fallen short of generating sustained high growth rates necessary to absorb its expanding workforce. This persistent growth gap is the root of the country’s employment crisis. The hope that the manufacturing sector would be a major job creator is diminishing as automation increasingly replaces human labour. *India’s Job Crisis: It’s Not About Numbers, It’s About Growth The prevailing narrative often emphasises job creation, yet the […]