Category: Automation Impact on Jobs

Tech revolution: How it affects the job marketplace

Tech revolution: How it affects the job marketplace

The job market is constantly evolving, reflecting the trends of modern living. Over the past year, many have issued proclamations that AI and automation will inevitably reduce or eliminate jobs. As the Ball State University study points out, this has already happened to a certain degree. However, all is not lost and there are still plenty of bright spots for the future.

Here’s an overview of how technology is positively affecting the job marketplace. Short-Term Loss, Long Term Gain

It’s true that increased automation, robotics, and AI are slowly replacing jobs held by people. As the world grows more comfortable […]

Are we being replaced by robots?

What does the future of work hold for the health and social development sectors? It is the dawn of the 4 th Industrial Revolution and it brings with it change at an unprecedented speed, scale and force. High-speed mobile internet, artificial intelligence, big data analytics, and cloud technology has fundamentally altered the way we live and work.

The First Industrial Revolution was underpinned by mechanical inventions such as the steam engine, telegraph and railroad; while the Second Industrial Revolution introduced mass production through assembly lines and electrification.

The Third Industrial Revolution introduced mainframe computers, cellular communication and the internet. Today, the […]

Deloitte CEO Cathy Engelbert Is Still Talking About Her Teenage Son’s Fear of Robots

Deloitte CEO Cathy Engelbert Is Still Talking About Her Teenage Son’s Fear of Robots

Our QOTD comes from Deloitte CEO Cathy Engelbert, who shared the stage with AT&T Business CEO Thaddeus Arroyo and CNN host Anderson Cooper a couple of weeks ago during the AT&T Business Summit in Dallas to discuss how to be an effective leader in a digital world.

Cooper, who moderated the discussion, mentioned that people do not have linear careers anymore and that he still thinks of his career in a linear way, even though that’s probably an old-fashioned way of thinking about it.

After talking about the courage it takes for people “to raise their hand to do different things” […]

Industrial robots can create more palatable human jobs

Industrial robots can create more palatable human jobs

Tim Schiller, National Accounts Manager, KUKA Robotics A decade removed from the Great Recession, the U.S. job market is thriving. Because employers are struggling to fill empty positions, they must explore other ways to increase production needs.

Repetitive, boring or even dangerous tasks often push potential candidates elsewhere—and drive away existing employees. Bored workers are twice as likely to leave a company, according to a recent report from Udemy for Business. And with plenty of options on the table, competition for new workers is intense.

Many are solving the labor shortage with robotics. From lowered labor costs, higher productivity and greater […]

Level of automation in the UK ‘pretty rubbish’, says Bank of England economist

Level of automation in the UK 'pretty rubbish', says Bank of England economist

Robotic arms work on the bodyshells of Mini cars as they pass along a section of automated production line at the BMW Mini car production plant in Oxford Credit: Geoff Caddick/AFP A Bank of England economist described British automation as "pretty rubbish" in a speech explaining patterns in the labour market.

Will Abel, who works on the labour markets, housing and consumption team, said the UK’s "below average" use of robotics is leading to a higher proportion of GDP going to the labour force. This measure is also known as the "labour share".

"One reason why we might not have seen […]

The negative effects of artificial intelligence taking over the workplace

The negative effects of artificial intelligence taking over the workplace

Many students have been working toward their degrees and careers for almost half their lives. Now imagine spending countless hours studying and training for a career in the workplace only to be replaced by an artificial intelligence.

A world without work may seem appealing, but it threatens workers’ livelihoods and their sense of purpose.

The idea that mankind can be replaced by technology is not something new . In the 20th century, there was a point when it was widely agreed that automation would lead to a lesser requirement of work, said Dustin Abnet, assistant professor of American studies.Automation and artificial […]

Technology is changing the face of the Indian workplace

Technology is changing the face of the Indian workplace

A dye factory in Mumbai, India. Automation could free workers from mundane repetitive tasks. Reuters Ganesh Papad, a three-decade old company in India which manufactures papads, or papadums, has long relied on teams of workers to make its snack products – but it is increasingly turning to machines to do the job.

“To make 1,000 kilograms of handmade papads, we require 300 women,” says Harshal Chheda, the director at Ganesh Papad. “The new generation is not interested to make papads. Hence we’re bringing in modern machines with capacity of 3,000kg per day and this is helping to save labour costs […]

Local Business Outlook: Mid-tech sector can be an opportunity

Local Business Outlook: Mid-tech sector can be an opportunity

Hide caption Due to growth in the high-tech industry over the recent decades, there are an increasing number of jobs being created in the expanding “mid-tech” sector (programming, network support specialists, graphic design) which seem a promising vehicle to usher in the return of the American middle class, but for those who are already employed, making the career transition to the mid-tech field can prove difficult. Mid-tech jobs require skills that many incumbent workers don’t possess, so for these workers to take advantage of mid-tech jobs they have to first gain the necessary training and education, and therein lies […]

In the future of work it’s jobs, not people, that will become redundant

In the future of work it’s jobs, not people, that will become redundant

I am likely stating the obvious but it needs to be stated as often as possible – the world is changing and it is changing fast. The Fourth Industrial Revolution is blurring the lines between the real and the technological world and challenging what it means to be human.

Yet people are clearly at the heart of all organizational transformations generated by this phenomenon. We see this, both in the transformation we are driving within Unilever but also when we look outside, across and beyond our industry.

All of this is affects how people will experience work, whether it’s new operating […]

The Most Important Skills for the 4th Industrial Revolution? Try Ethics and Philosophy.

The Most Important Skills for the 4th Industrial Revolution? Try Ethics and Philosophy.

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For those keeping count, the world is now entering the Fourth Industrial Revolution . That’s the term coined by Klaus Schwab, founder and executive chairman of the World Economic Forum, to describe a time when new technologies blur the physical, digital and biological boundaries of our lives.

Every generation confronts the challenges of preparing its kids for an uncertain future. Now, for a world that will be shaped by technologies like artificial intelligence, 3D printing and bioengineering, how should society prepare its current students (and tomorrow’s workforce)?The popular response, among some education pundits, policymakers […]