Category: Automation Impact on Jobs

What you really mean when you claim to support “UBI for job automation”

What you really mean when you claim to support “UBI for job automation”

Author’s Note: Though I’m currently a governance researcher at Convergence Analysis , this post is unaffiliated with Convergence. The opinions expressed are solely my own.

You’ve seen it a dozen times at this point. You’re probably broadly aligned philosophically, but haven’t thought terribly deeply about the details. You generally support Andrew Yang’s $12k / year “ Freedom Dividend ” as “moving in the right direction”, even if it’s economically flawed .

The argument goes roughly like this: “All of our jobs are about to be automated away with AI technology and robotics! We’ll end up soon in a post-work society […]

Unraveling long-term household changes through economic modeling

Monthly Labor Review logo image May 2024

Evolving Households : The Imprint of Technology on Life. By Jeremy Greenwood. Cambridge, MA: The MIT Press, 2019, 316 pp., $60 hardcover.

In his presidential address delivered at the 100th meeting of the American Economic Association in 1987, Gary S. Becker, a recipient of the Nobel Prize in Economic Sciences in 1992, stated the following: “Modern economists neglected the behavior of families until the 1950s. Since then, economic analysis has been used to explain who marries whom and when (if ever) they divorce, the number of children and investments in each child’s […]

Warehouses Look at Ways to Improve Recruitment, Retention

Warehouses Look at Ways to Improve Recruitment, Retention

Business

Technology

Logistics Fleets such as DHL stress the need for a supportive culture in the warehouse space. (DHL) [Stay on top of transportation news: Get TTNews in your inbox .] There’s no place to hide from the ongoing labor shortage in trucking, especially across the supply chain industry, which affects employment at warehousing, fulfillment and distribution centers. With the pandemic era’s spike in e-commerce coupled with the “great resignation,” greater efforts have been placed into recruitment and retention. Now, the use of automation in warehouses to streamline efficiencies, already part of the conversation pre-pandemic, has accelerated.Sabrina […]

Standard Chartered Bank to fund green Chinese firms in Africa

Standard Chartered Bank to fund green Chinese firms in Africa

NAIROBI, May 11 (Xinhua) — Standard Chartered Bank is keen to provide significant financing to Chinese firms that uphold green ethos to expand their footprint in Africa, an executive said on Friday.

There is a growing demand on the continent for sustainable consumption and production technologies to achieve a climate-resilient future for local communities, said Richard Li, the head of wealth and retail banking at Standard Chartered Bank China, in Nairobi, the capital of Kenya.

“I can see opportunities and capabilities we can bring in as Standard Chartered Bank to support our clients to respond to this trend between China […]

2024 Tech Trends: Automating Paystub Management

2024 Tech Trends: Automating Paystub Management

13 The year 2024 marks a significant turning point for businesses seeking to optimize their payroll processes. Automation and digital technologies are leading the charge, transforming traditional paystub management into a streamlined, efficient, and error-free operation. These technologies not only simplify payroll tasks but also enhance compliance and employee satisfaction. This article explores the latest tech […] The year 2024 marks a significant turning point for businesses seeking to optimize their payroll processes. Automation and digital technologies are leading the charge, transforming traditional paystub management into a streamlined, efficient, and error-free operation. These technologies not only simplify payroll tasks […]

Rockwell Automation Partners with Azzurro to Strengthen its Position in the Sri Lankan Market

Rockwell Automation Partners with Azzurro to Strengthen its Position in the Sri Lankan Market

Improves access to Smart Manufacturing technologies such as IIoT, robotics, data analytics and cloud computing for Sri Lankan industries Rockwell Automation (NYSE:ROK), the world’s largest company dedicated to industrial automation and digital transformation, has appointed Azzurro as a strategic partner to help drive business growth in Sri Lanka.

Rockwell Automation provides industry-leading automation and digitization solutions for utilities providers, miners and manufacturers in industries like food and beverage, automotive and textiles. Azzurro is a subsidiary of the Illukkumbura Group , which has over 30 years of experience delivering transformative automation solutions to Sri Lankan industry.

The companies will work together to […]

Robots versus humans

The future of employment in the so-called fourth industrial revolution

by mercedes galán

The emergence of AI and automation in the workplace raises ethical, legal, and economic concerns. The increasing presence of robots in the job market raises worries about human job displacement. Although the impact on labour demand is not entirely negative, it’s crucial to acknowledge its ramifications. New technologies substitute, transform, and also generate job opportunities. In this context, the necessity for legislation to regulate their utilization and safeguard workers’ rights becomes increasingly urgent.Experts: Raúl Rojas , partner of the labor area of Écija, Ignacio del Fraile , […]

WEF report: COVID-19 recession will speed up the robot revolution

WEF report: COVID-19 recession will speed up the robot revolution

A robot at the TechnoBuild International Congress and Trade Fair in Yekaterinburg, Russia, on 20 October. Photo: Donat SorokinTASS via Getty Images The coronavirus pandemic is causing the workforce to automate faster than expected, according to the World Economic Forum’s ‘ Future of Jobs 2020 Report .’ The robot revolution will disrupt 85 million jobs by 2025, it said.

The WEF report found that the shift to automation will create 97 million new jobs, with the emphasis on skills in analytical thinking and creativity. The top emerging professions will be in data and artificial intelligence, content creation and cloud computing.

“COVID-19 […]

How AI will affect different industries

How AI will affect different industries

How AI will affect different industries

Puja Singh

· Follow 5 min read·5 hours ago Imagine a doctor using AI to analyze your retinal scan and diagnose a disease earlier than ever before. That’s the power of Artificial Intelligence (AI), a rapidly evolving field that enables machines to learn, reason, and mimic human intelligence. From self-driving cars to fraud detection software, AI is already woven into the fabric of our lives, and its impact is only accelerating. This transformative technology is poised to revolutionize nearly every industry, and here’s how we can expect it to reshape our world.The […]

IMPACT OF TECHNOLOGY

IMPACT OF TECHNOLOGY

Technology has become an indispensable aspect of modern society, profoundly shaping how we live, work, communicate, and interact with the world around us. From the invention of the wheel to the advent of artificial intelligence, technological advancements have continually revolutionized human civilization, driving progress and innovation across all sectors.
In the realm of communication, technology has transformed the way we connect with one another. The evolution of the internet, social media platforms, and mobile devices has facilitated instant communication on a global scale, breaking down barriers of time and distance. People can now effortlessly share information, ideas, and experiences, […]