Category: Automation Impact on Jobs

A Peek at Future Jobs Shows Growing Economic Divides

A Peek at Future Jobs Shows Growing Economic Divides

A decade from now, the American economy could look much the way it does today — only more so. More dominated by the service sector amid the continued erosion of manufacturing jobs. More polarized in both earnings and geography. More tilted toward jobs that require at least a bachelor’s degree.

That, at least, is the future foreseen by experts at the Bureau of Labor Statistics. The federal agency on Tuesday released its projections of what the United States employment picture will look like in 2026. (The estimates are based on long-term trends, not the short-term strength or weakness of the […]

The Future of Work? More Home Health Aides Than Software Developers

The Future of Work? More Home Health Aides Than Software Developers

The computer science field is hot. But when it comes to the fastest-growing occupations and the fields that will create the highest number of jobs over the next decade, health care is even hotter.

That’s one of the big takeaways of new employment projections released Tuesday by the federal Bureau of Labor Statistics . The numbers represent the federal government’s best guess on what the labor market will look like between 2016 and 2026.

Such projections are "useful for highlighting trends and tendencies," but "should not be taken too literally," said economist Paul Osterman, an MIT professor who used to run […]

Will Artificial Intelligence and Automation be the cause of Human decline?

Will Artificial Intelligence and Automation be the cause of Human decline?

Technology is often considered as a boon for world as it makes task easier, quicker and it comes with new technological advancements. Artificial Intelligence and Automation is now seen in every sphere of life, whether in form of assistance or in form of smart industries but does it really beneficial to human beings? The answer is already given by many scientist and technocrats, the growing technology does not guarantee growing human development.

Increasing contribution of robotics in automation industry has already replaced the human labor which is becoming the reason for inequality and risk of political upheaval. Earlier where on […]

Four work trends affecting technology and digital businesses

Lawyer Kevin Barrow analyses the findings of a new survey into how AI, contingent working and other emerging trends are affecting companies

Osborne Clarke’s recent report on the future of work in the technology and digital business markets is based on interviews with senior figures at four leading companies – Accenture, Dyson, MetaPack and Siemens – and includes evidence from many others. The report explores four themes: growth of artificial intelligence (AI); use of contingent workers; skill shortages; and the impact of millennials in the workplace.

How are companies embracing AI, robotics and automation? The evidence is, not surprisingly, […]

Are Fulfillment Centers the New Steel Mills?

Are Fulfillment Centers the New Steel Mills?

Justin Sullivan/Getty Images A worker prepares to test robotic technology and vision systems at an Amazon fulfillment center in California. Are fulfillment centers the new steel mills? That’s a question suggested by a feature in Sunday’s New York Times .

The story about the warehouses, which e-commerce companies use to ship goods to customers, proposes they may be an alternative for the growing number of people who can no longer find stable work at places like steel mills, factories, and mines that used to sustain communities outside of big cities.

Reporter Natalie Kitroeff writes that these warehouses “have fueled a boom […]

U.S. Employment Comparison 2017: Restaurant Jobs vs Manufacturing Jobs

U.S. Employment Comparison 2017: Restaurant Jobs vs Manufacturing Jobs

iStock/6okean

The shift to restaurant jobs vs manufacturing jobs represents a new American economy, one that may ultimately weaken the middle-class.

President Donald Trump ran his campaign on a promise to “Make American Great Again.” Embedded in that catchphrase was the veneration of an old America, one where the country made things. Trump extolled the virtues of American manufacturing and well-paid blue-collar jobs that allowed people with less education to rise up to the middle-class all the same.But the reality is that manufacturing is struggling to claw its way back to the prominent role it once filled in the American economy. […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]