Category: Automation Impact on Jobs

3 million women in the UK need to transition to new jobs by 2030

3 million women in the UK need to transition to new jobs by 2030

More than 3 million women working in the UK are forecast to need to transition to new jobs in the coming decade, as digital disruption ramps up amid Britain’s rapidly automating markets. With higher paid, white collar jobs largely still dominated by men, women remain disproportionately concentrated in more repetitive administrative roles, which are particularly in line for automation.

In spite of multiple calls from political, economic and societal experts to promote the inclusion of women in business, the future of many women in the workforce is uncertain. While businesses can benefit significantly from a more diverse workforce, progress […]

Op-Ed: Automation – CEOs love it, but there’s a Catch 22 and 23

Op-Ed: Automation – CEOs love it, but there’s a Catch 22 and 23

A report by The Economist and the world’s major driver of automation, UIPath, has found that CEOs and other C level people love automation. Other surveys tell a very different story of its impact.

Information provided by various sources does generally agree that it’s the top levels of business which are pushing automation , hard and fast. Automation is directly linked to strategic goals and revenue. In short, senior executive around the world are making major commitments to automation as the way forward across a very broad spectrum of major corporations. It’s coming, whether anyone else likes it or not. […]

Will robots take your jobs? Why this is such a hard question to answer

Will robots take your jobs? Why this is such a hard question to answer

In this Thursday, May 25, 2017 photo, an assembly line laborer works alongside a collaborative robot, left, on a chainsaw production line at the Stihl Inc. production plant in Virginia Beach, Va. (John Minchillo/AP Photo) In the past few years, researchers have published report after report after report on how many jobs robots will take over in the future.

Another new report, this one from the management consulting firm McKinsey & Co., says that in the next 10 years, more companies could automate the work done by humans now, but that not every place in the United States will be […]

You can’t turn truck drivers into coders, Andrew Yang says of job retraining

You can't turn truck drivers into coders, Andrew Yang says of job retraining

Karen Harris, Bain & Company’s Macro Trends Group managing director, discusses how the growth of automation may eliminate 20-25% of current jobs.

Businessman and 2020 presidential hopeful Andrew Yang is not so optimistic about the future of some workers in a labor force where jobs are being displaced by automation.

While the Silicon Valley insider has warned that as many as 30 percent of all U.S. jobs could be replaced within the next decade, he doesn’t think the U.S. has been focusing on an adequate solution to keep these people from falling behind.In a tweet this week, Yang suggested that job […]

You can’t turn truck drivers into coders, Andrew Yang says of job retraining

You can't turn truck drivers into coders, Andrew Yang says of job retraining

Karen Harris, Bain & Company’s Macro Trends Group managing director, discusses how the growth of automation may eliminate 20-25% of current jobs.

Businessman and 2020 presidential hopeful Andrew Yang is not so optimistic about the future of some workers in a labor force where jobs are being displaced by automation.

While the Silicon Valley insider has warned that as many as 30 percent of all U.S. jobs could be replaced within the next decade, he doesn’t think the U.S. has been focusing on an adequate solution to keep these people from falling behind.In a tweet this week, Yang suggested that job […]

Jeff Bezos just sent a clear signal that AI will remake American jobs

Jeff Bezos just sent a clear signal that AI will remake American jobs

This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

Amazon is retraining a third of its US workforce, the Wall Street Journal reports .

This is part of a larger trend in retraining. According to new ZipRecruiter research , half of Americans will need to change careers by 2030. Click here for more BI Prime stories. One of America’s largest tech titans is taking a new shape, and it’s a harbinger of retraining to come.Amazon […]

SADOW: Raising The Minimum Wage Kills Jobs, And Here’s Proof How

SADOW: Raising The Minimum Wage Kills Jobs, And Here’s Proof How

32

Share

Tweet Plus Comment Need another good reason to understand the utter folly of attempts to make Louisiana raise its minimum wage? Just observe those touchscreen checkouts when you walk into a store selling groceries.By now, informed individuals know full well that the minimum wage costs jobs and how, because almost no sole breadwinners of families work full-time at the minimum wage and even fewer of them are older than 25, the modal category of such workers are young, recent job force entrants who have no dependents and live in a household with others […]

Steven Globerman: Artificial Intelligence will kill jobs — and create them

Steven Globerman: Artificial Intelligence will kill jobs — and create them

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Musk says intelligent machines will replace human workers. Ever since the Industrial Revolution, the automation of tasks once done by humans has raised fears about machines putting humans out of work and creating mass poverty. Happily, history has repeatedly proven the doomsayers wrong. While automation has certainly led to declines in entire industries (and employment in those industries), the relationship between automation and overall employment growth has been strongly positive over time.

There are sound explanations for this positive […]

Robotics—the AI Future is Now

Austin , TX

Wednesday, July 10, 2019

The Herman Trend Alert This May, we received a new report from Littler Mendelson, the largest employment law firm on the planet. This Herman Trend Alert offers selected information from that landmark study. By 2020, robotics and AI are expected to produce revenue of $258 billion USD; by 2025, that figure will be a trillion dollars. And not long later, robotics and AI (Artificial Intelligence) will become the largest global industry. Destruction of Jobs? Or Creation? Though much media attention has focused on the destruction of jobs due to automation. Actually, technology and […]

A basic income grant could be the key to uplifting millions out of poverty

A basic income grant could be the key to uplifting millions out of poverty

South Africa should consider introducing a Freedom Dividend as a means to distribute wealth, says the writer. (Photo: Gallo Images / Alet Pretorius) Less

115k

Reactions Introducing a basic income grant, or ‘Freedom Dividend’, of R1,000 a month will help those who are unemployed and bring minimum-wage earners’ incomes closer to a living wage. This would almost certainly make a meaningful difference to millions of South Africans in their efforts to survive, make a living and find employment. For his 2020 Democratic candidacy for the US presidential elections, Andrew Yang put forward as his signature policy proposal […]