The Future of Work in the Age of Automation

The Future of Work in the Age of Automation

The Future of Work in the Age of Automation

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· Follow 5 min read·4 hours ago Photo by Louis Reed on Unsplash In today’s rapidly evolving technological landscape, automation is revolutionizing the way we work and interact with machines. From artificial intelligence to robotics, automation is reshaping industries, transforming job roles, and raising questions about the future of work. This article delves into the implications of automation on jobs and industries, explores the skills and roles needed for the future workforce, examines the ethical considerations surrounding automated work environments, and provides insights into reskilling and upskilling strategies […]

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Deep Dive: China shifts to automation, industrial robots to address shrinking workforce and stay competitive

Deep Dive: China shifts to automation, industrial robots to address shrinking workforce and stay competitive

New report revealed that China has more than 12 times the number of robots in its workforce than expected, but still relies on foreign parts for the machines

China hopes to offset labour shortfalls, demographic decline with smart manufacturing and advanced technology

Sue Ng Sue joined the Post in 2021. She graduated from the University of Hong Kong with a double major in journalism and counselling.Comment Latest Articles Listening Better English 5-minute listening: All about the secret agents of the Michelin Guide 21 mins ago English exercises Better English Study Buddy (Challenger): How ballet is countering the anorexic stereotype […]

The ethical implications of AI in business: Balancing automation and human values

The ethical implications of AI in business: Balancing automation and human values

Artificial Intelligence (AI) is now a big part of how businesses work, changing industries and making things more efficient. As AI gets better, businesses are using automation more to make things smoother, spend less money, and make better decisions. According to the news report , the global AI market is projected to reach $1,811.8 billion by 2030, growing at a compound annual rate of 37.3% from 2023 to 2030. However, this digital transformation begets ethical considerations. The deployment of AI in business operations raises significant ethical queries encompassing privacy concerns, algorithmic biases, and potential repercussions on employment. Striking the […]

The Intersection of Artificial Intelligence, Automation, and Human Contribution

The Intersection of Artificial Intelligence, Automation, and Human Contribution

The future of work is being reshaped by advancements in artificial intelligence (AI) and automation, transforming industries and job roles. While AI and automation offer efficiency and new opportunities, they also present challenges regarding the human role in a rapidly evolving job market. This article explores how these technologies are changing the workforce, the importance of human skills in the new landscape, and strategies for adapting to the future of work.

In an era where artificial intelligence (AI) and automation are no longer just buzzwords but realities reshaping our daily lives, the future of work stands at the brink […]

Employment means robotics automation and digitization are

Employment means robotics automation and digitization are

Employment means robotics, automation and digitization are predicted to make many jobs redundant or fundamentally different to today.

Select one:

TrueFalseLike0 All replies Answer 6 hours agoPredictions about the Impact of Robotics, Automation, and Digitization on Employment The statement suggests that robotics, automation, and digitization are predicted to make many Discover more from:AIN1501 University of South Africa 102 Documents BAN1501 2018 TL 201 1 E True-and-False-questions-with-answers for exam preparationaccounting systems in a computer environment AIN Accounting Systems Notesaccounting systems in a computer environment AIN1501 Study Unit 11accounting systems in a computer environment Ais2601accounting systems in a computer environment […]

AI gives, even as it takes away jobs

AI gives, even as it takes away jobs

Image by Google Gemini Image creator, based on a prompt by Gadget. A year ago, as the hype around generative artificial intelligence (AI) was reaching a crescendo, investment bank Goldman Sachs predicted it would replace 300-million existing jobs. That was well up from the World Economic Forum’s “The Future of Jobs Report 2020,” which had said AI would replace 85-million jobs within five years. However, it tempered this forecast with the expectation of 97-million new jobs.

Clearly, such predictions are a thumb-suck, and have rightfully been derided. So, by the time the WEF produced the 2024 version, it had come […]

Industrial robots make people feel worse about jobs and themselves

Industrial robots make people feel worse about jobs and themselves

Robots may make companies more productive, as some studies have suggested, but they make people feel that their jobs have less meaning.

Researchers with the University of Groningen in the Netherlands and Colorado State University in the US recently looked into the impact of robotic automation on workers’ sense of well-being and motivation. They found that the adoption of industrial robots takes a mental toll on workers – more so for those with repetitive jobs and less so for those with non-routine responsibilities.

Add that to prior research showing robotic automation depresses wages and employment.In a paper titled "Robots, meaning, and […]

AI Job Cuts on the Horizon? Survey Shows Companies Plan To Shrink Workforce

AI Job Cuts on the Horizon? Survey Shows Companies Plan To Shrink Workforce

AI Job Cuts on the Horizon? Survey Shows Companies Plan To Shrink Workforce 1 A new survey by staffing firm Adecco Group suggests a wave of automation is coming, with 41% of executives at large companies worldwide expecting to reduce their workforce due to artificial intelligence (AI) within the next five years.

This news comes amidst the growing adoption of generative AI, a technology capable of creating realistic text, images, and videos. While some see it as a tool to eliminate repetitive tasks, others fear it will render entire jobs obsolete.

“Almost all jobs are going to be impacted by […]

EXCLUSIVEIs YOUR job at risk from the AI revolution? Six experts predict roles that will be WIPED OUT by AI this decade

EXCLUSIVEIs YOUR job at risk from the AI revolution? Six experts predict roles that will be WIPED OUT by AI this decade

Who’s at risk of mass job losses caused by the AI revolution – blue or white collar workers?

Most experts agree that artificial intelligence will completely upend the American workforce ( there are already signs it’s doing so in the tech industry ).

But there have been conflicting reports about who is more at risk, lower-wage workers or middle-management types.A report by the think-tank McKinsey Global estimated Americans on the lowest wages are up to 14 times more likely to be replaced by AI those on the highest.But a separate JP Morgan report predicted ‘mass-scale white-collar job realignment’ this decade.DailyMail.com spoke […]