Category: Automation Impact on Jobs

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 […]

Robot revolution is coming to a town near you

Robot revolution is coming to a town near you

We have lived with robots in various forms for a while, but the robot revolution is coming, and Britain’s business lobby smells opportunity.

The problem is that around one in five UK jobs threatened by automation, so the Confederation of British Industry (CBI) has urged Theresa May to launch a commission to examine the impact of Artificial Intelligence (AI) on productivity.

The captains of industry want the commission to start as early as the beginning of next year, and to identify new ways of increasing productivity and economic growth.Accountancy firm PwC warned in March that more than 10 million workers may […]

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 […]

I always thought my boss was a robot

You: “You alright?”

Boss: “Good morning Joe, I trust you slept well and the commute was satisfactory.”

This could be a regular welcome if we start to work for robot bosses, and new research has shown that almost a third of British employees would be happy to do just that.FreeAgent, supplier of cloud accounting software, polled 1,000 workers about their attitudes towards having a robot as a boss, and 31% said they would be happy with it. Also, 42% of them said they would be comfortable taking orders from a robot.Other findings included that 11% of the workers felt a robo-boss […]

How AI and robots are eating desperately-needed jobs in India

How AI and robots are eating desperately-needed jobs in India

If I were under the age of 40, a category that encompasses approximately 65 percent of Indians, I would be absolutely terrified right about now. For that matter, if I were below or above those ages, I would also be petrified.

If ever a country faced the prospect of a dystopian future marked by gangs of unemployed youth in the millions wandering about creating mayhem, pillaging and plundering for lack of anything else to do, it’s India — unless it is able and willing to do something about it very quickly and efficiently.

AI and robotics are part of this story […]

Commentary: What To Do Against the ‘Nightmare Scenario’?

By Stephen R. Ruth, Schar School of Policy and Government, Professor of Public Policy, George Mason University

We should fear Artificial Intelligence. Not in the future but now. Ask Sheryl Sandberg, chief operating officer of Facebook. She announced that her company, with its over 2 billion users, built software it cannot fully control. “We never intended or anticipated this functionality being used this way,” Sandberg said, “— and that is on us.” Facebook’s operating systems had allowed Russian operatives to create accounts and ads aimed at influencing the 2016 U.S. presidential election. The gigantic network seems to have created systems […]

Three Myths about AI busted

Three Myths about AI busted

In the wake of various rapid technological advances, numerous myths about artificial intelligence (AI) have emerged. The speed at which technology has developed has seen what once was science fiction become a reality. In order to keep up with this progression, it is important to understand what AI is – and what it isn’t.

The media update team investigates some of the most common myths about artificial intelligence and debunks them. Myth 1: Artificial intelligence is only one type of technology

There are no specific attributes that make a machine artificially intelligent. Instead, AI refers to any of an […]

Is Technology Really Going to Destroy More Jobs Than Ever Before?

Is Technology Really Going to Destroy More Jobs Than Ever Before?

No Need To Panic

You’ve probably heard that a robot is going to take your job. It’s an oft-repeated refrain, heralded in article headlines and speeches from luminaries such as Elon Musk and Stephen Hawking . Some experts predict that anywhere from 38 to 57 percent of jobs could be automated in the next few decades, depending on who you ask , and the jobs aren’t limited to any one industry. Automation threatens to eliminate or limit jobs such as waitstaff, truck drivers, factory workers, accountants, cashiers, and retail employees, according to a recent report from PBS .

But to […]