AI Will Enhance Your Job, Not Take It

AI Will Enhance Your Job, Not Take It

Leon Gordon is a leader in data analytics, a current Microsoft MVP based in the U.K. and a CEO at Onyx Data . getty Artificial intelligence could take as many as 300 million full-time jobs by 2035. If you’re worried AI might put your position on the automation chopping block, you are not alone. More than half of American workers are concerned they could lose their jobs to AI.

But are these fears and predictions well founded? As an expert in data analytics and AI, I disagree with the warnings of impending employment doom. I think that AI is going […]

AI to the rescue of SA’s floundering manufacturing sector

AI to the rescue of SA’s floundering manufacturing sector

Smart utilisation of artificial intelligence (AI) could go a long way towards the resuscitation of large sections of South Africa’s moribund manufacturing sector. By using advanced AI to boost human productivity (instead of focusing on mechanisation and digitisation), the manufacturing industry can capitalise on South Africa’s unique intersection of technology and labour availability, improving the sector, the economy – and returning to being highly competitive in the global market.

That’s the view of Peter Reid, CEO at visionAI, who emphasises that the kind of AI needed does not necessarily involve automation with the potential this holds for job losses.

On the […]

How 10 AI-impacted jobs are projected to grow

How 10 AI-impacted jobs are projected to grow

Gorodenkoff // Shutterstock The rise of artificial intelligence has inspired widespread fears that intelligent machines might displace human work. A 2021 report from the National Bureau of Economic Research found automation was responsible for 50-70% of the decline in U.S. wages since 1980.

A 2022 Bureau of Labor Statistics report identified 10 occupations facing a high risk of automation —yet BLS data additionally shows approximately 447,000 new jobs will be created by 2032 in those same 10 occupations.

Revelo used BLS data to identify projected growth in each of these 10 occupations, compiling the updated employment projections for those jobs.Occupations […]

AI: Evolution over elimination in Malaysian jobs – Expert

AI: Evolution over elimination in Malaysian jobs - Expert

Focus Photo for illustration purpose only. – Photo by 123RF SHAH ALAM – The imminent surge of Artificial Intelligence (AI) is poised to revolutionise Malaysia’s job market, with certain sectors bracing for more profound impacts than others.

Among the industries expected to undergo significant transformation are manufacturing, logistics, customer service, and finance.

Speaking to Sinar Daily, Universiti Selangor (Unisel) Head of Communication Department Munirah Ilias said that AI-driven automation is set to replace repetitive tasks in factories, while AI-powered logistics systems will streamline delivery and inventory management."In customer service, the integration of chatbots is projected to handle a larger volume of […]

The Luddite Movement’s Bloody Origins

The Luddite Movement’s Bloody Origins

The original Luddites didn’t resist all new technology on principle. They were 19th-century textile workers who stormed mills and destroyed the machinery that threatened to replace them. Rawfords Mill near Huddersfield, Yorkshire, was a target of the Luddite movement. / Hulton Archive/GettyImages In the modern era, Luddites are mainly defined by what they don’t do. Your friend who stays off social media, doesn’t own a television, and can only be reached through their landline may identify as a Luddite. Before the term came to describe someone who shows disdain for new technology, it was the name of a political […]

False Necessity is the Mother of Dumb Invention

False Necessity is the Mother of Dumb Invention

Recently, I have seen two innovations in retail, AI cashiers and human cashiers but working remotely from another country such as the Philippines and making much lower wages than domestic workers (examples are below). I fear that the AI cashiers will outcompete the Philippine cashiers leading to the worst of all worlds, AIs doing low-productivity work. In an excellent piece, People Over Robots , Lant Pritchett nails the problem: Barriers to migration encourage a terrible misdirection of resources. In the world’s most productive economies, the capital and energies of business leaders (not to mention the time and talents of […]

Exploring the Effects of Automation on Employment

Exploring the Effects of Automation on Employment

Robot hand Job seekers have long kept an eye on automation and the effects that it’s had, or will continue to have, on the job market. As technology rapidly advances, it’s no surprise that automation continues to be a hot topic across various industries.

Is there truth to the hype, or is the anxiety and concern merely the product of a phantom fear? Let’s dive into the subject further, unpack the myths, and explore the opportunities automation brings to the workforce. What Is Automation?

Simply put, automation involves using technology to perform tasks that typically require human effort. Most […]

AI is coming for the professional class. Expect outrage — and fear.

Will professionals displaced by AI find new jobs in health care? (iStock) I was born in 1973, just as the American economy was going to hell — though I cannot accept all the blame. It was the twilight of the 20th-century manufacturing boom that had almost managed to compress the whole country into one vast middle class and, for reasons beyond my control, that boom was unraveling. Inflation was headed into double digits as labor productivity began to decline, economic growth swooned, unemployment rose and manufacturing employment tipped into the final descent toward its current sub-10 percent share.

This turnaround […]

Jensen Huang says AI will lead to evolving jobs, not ending jobs

Jensen Huang says AI will lead to evolving jobs, not ending jobs

The rapid advancements in Artificial Intelligence (AI) have sparked discussions about its impact on the future of work. While some fear widespread job displacement, Jensen Huang, CEO of Nvidia, a leading manufacturer of graphics processing units (GPUs) crucial for AI development, offers a more nuanced perspective.

He believes AI will not lead to a mass exodus from the workforce but rather a transformation of job roles. AI grows and so do the companies

Huang argues that AI will primarily function as a productivity booster for companies. Historically, companies experiencing increased earnings tend to hire more employees. He suggests that AI-powered […]

Working fewer days for the same pay? Could happen

Working fewer days for the same pay? Could happen

Sen. Bernie Sanders, I-Vt., talks to the media as he walks to the House chamber before the State of the Union address in March. US Sen. Bernie Sanders, I-Vt., recently introduced legislation that would require companies to reduce the nation’s standard work week to 32 hours

Two major work-related issues have been in the news recently.

One is the feasibility of moving to a 32-hour, four-day work, while the other is how will artificial intelligence affect our everyday jobs.Only work four days a week and get paid for five?AdvertisementSounds good, especially to Sen. Bernie Sanders, I-Vt., who recently introduced legislation […]