Category: Automation Impact on Jobs

The university degrees to avoid if you want a job after studying

The university degrees to avoid if you want a job after studying

Technology has for years been changing the future of Australia’s workforce, keeping our university graduates on their toes.

But a new report focusing on the changing landscape of university to employment transitions is proving there’s definite light at the end of the tunnel, drawing a more optimistic picture for young graduates.

The Future of Work For Australian Graduates from the Australia Institute’s Centre for Future Work looks at exactly what is causing disruption to our nation’s labour market and how us humans can survive increasingly tech-reliant industries.The report, commissioned by Graduate Careers Australia, found having a degree is still a […]

Will The Future Of Work Require More Investment In Technology, Not Less?

Will The Future Of Work Require More Investment In Technology, Not Less?

Will The Future Of Work Require More Investment In Technology, Not Less? Getty In 2018 MIT created a ‘Task Force on the Work of the Future’ to explore the way technologies are impacting the world of work, and how society can adapt to ensure that prosperity is broadly shared throughout. They aim to cut through the hyperbole that has sadly come to dominate this topic and give empirical, evidence-driven commentary.

The task force have recently published their first official report not with an express aim to provide definitive answers, but rather to help leaders and policy makers ensure they’re able […]

Robots As Job Creators? Upskilling, Cobots And AI May Prove Job Loss Doomsayers Wrong

Robots As Job Creators? Upskilling, Cobots And AI May Prove Job Loss Doomsayers Wrong

Getty Conventional wisdom has it that a coming onslaught of industrial robots will throw millions of current factory workers out of their jobs. The direst predictions envision whole classes of people permanently locked out of the working world.

As I detailed in one of my earliest articles , robots eliminating manufacturing jobs is nothing new. It’s been going on for decades. But as technological development accelerates and robots become better and cheaper, the risk to current employment is intensified. But that’s not the whole story. Some jobs will be eliminated, certainly – but some will be changed, and new […]

The Rise of Global Trade in Services

The Rise of Global Trade in Services

Our mental images of "global trade" are usually about goods: cars and steel, computers and textiles, oil and home appliances, and so on. But in the next few decades, most of the action in terms of increasing global trade is likely to be in services, not goods. More and more of the effects of trade on jobs is going to involve services, too. However, most of us are not used to thinking about countries import and export across national borders transportation services, financial services, tourism, construction, health care and education services, or many others. The 2019 World Trade Report […]

Canada’s growing student debt crisis

Canada’s growing student debt crisis

Law In-depth

Debt loads are becoming an enduring burden for Canadian law graduates, and that is distorting the profession’s ability to service the public. Elsa Ascencio was only 12 when she knew she wanted to be a lawyer.

That’s how old she was when her father was hurt on the job, his back "shredded" while working as a labourer in a factory."It was devastating," she recalls. "One of the things my father used to do was carry us on his back. And suddenly, dad couldn’t do that anymore."A refugee from El Salvador, who’d fled death squads with his wife, he […]

Automation hypochondria in the new industrial age

Automation hypochondria in the new industrial age

The world has experienced four industrial revolutions and as each has unfolded, so have dire predictions of massive job losses. Looking back at the first three, it is clear that concerns were misplaced. The number of jobs increased each time, as did living standards and every other social indicator. McKinsey predicts that 800 million workers could be displaced in 42 countries — a third of the workforce — because of the Fourth Industrial Revolution (4IR). Although similar predictions were made at the onset of each revolution of the past, could there be something more to it this time? A […]

Is Andrew Yang wrong about robots taking on our job?

US presidential candidate Andrew Yang "is full of it," argues Slate & # 39; s senior business and economic correspondent, challenging Yang & # 39; s claim (in a Tuesday debate) that American jobs were lost to automation:

After the debate, a "fact check,quot; by the AP claimed that Yang was right and Warren wrong. "Economists blame job losses primarily on automation and robots, not on trade deals," it said. But this was not correct. Such a consensus does not exist, and if there is anything, the evidence strongly suggests that trade has been the main culprit in recent decades. […]

IT panelists: effect of automation on employment is ‘not drastic’

Panaji: The IT panellists, during a discussion, at Vibrant Goa Global Expo and Summit, observed that effect of automation on employment is not drastic, as the jobs most likely to get affected due to automation are the low-skilled ones, because the operation of technology requires professionals.

The panellists, including industrialist, entrepreneur and member of strategic advisory body of financial institution talked about trends in emerging technologies and how robots, artificial intelligence (AI), and automation will affect the workforce.

The panel of five members, representing different countries, comprised chairman and managing director of Tangentia, Vijay Thomas; CMD of Iris Consulting, USA, […]

If the Democrats preserve saying loopy issues concerning the financial system, Trump will win once more

If the Democrats preserve saying loopy issues concerning the financial system, Trump will win once more

With felonies flying quick and livid at 1600 Pennsylvania Avenue this week, it could appear a curious time to jot down about how Democrats operating for president are saying sort of loopy issues.

However they’re.

As a result of Andrew Yang, Bernie Sanders and (typically) Elizabeth Warren are radically misdiagnosing issues within the U.S. financial system, they’re off — typically miles off — in prescriptions for reform.The sheer quantity of free speak about how capitalism is failing is gorgeous. This myth-making scares employees within the current, and sparks proposals that ought to scare markets for the long run.Like, what?Robotic responseStart with […]

Opinion: If the Democrats keep saying crazy things about the economy, Trump will win again

Opinion: If the Democrats keep saying crazy things about the economy, Trump will win again

Elizabeth Warren and Andrew Yang exchange a high-five at the Democratic presidential candidates debate. With felonies flying fast and furious at 1600 Pennsylvania Avenue this week, it may seem a curious time to write about how Democrats running for president are saying kind of crazy things.

But they are.

Because Andrew Yang, Bernie Sanders and (sometimes) Elizabeth Warren are radically misdiagnosing problems in the U.S. economy, they are off — often miles off — in prescriptions for reform.The sheer amount of loose talk about how capitalism is failing is stunning. This myth-making scares workers in the present, and sparks proposals that […]