Category: Automation Impact on Jobs

Yes, there are good jobs in America, but you need training

Yes, there are good jobs in America, but you need training

The most often heard economic rallying cry is the desire for “good jobs,” and that’s usually followed by a lament about the loss of traditional manufacturing and blue collar employment where people without a college degree could make a living.

A new study by the Georgetown University Center on Education and the Workforce provides valuable insights about these job market assumptions. The report shows the generalizations about the economy do not tell the whole story.

“We find that there are still 30 million good jobs that do not require a Bachelor’s degree,” the report says. “These good jobs pay an average […]

Opinion: The human touch: making the most out of automation in the oil and gas industry

Opinion: The human touch: making the most out of automation in the oil and gas industry

Janette Marx You don’t need artificial intelligence (AI) to realise that robots are entering the oil and gas industry. Just the regular kind. The sector has a unique blend of need and ability to lead the way in embracing automation and stands to benefit hugely from it. However, with excitement comes fear: what does this mean for the sector’s workforce?

That fear might be exaggerated though – technology will still need the human touch and strangely it’s just that – a human touch – that companies will need to emerge as winners from the industry’s digital transformation.

Automation: a global […]

You’re not going to lose your job to automation

You’re not going to lose your job to automation

There is a growing concern in some industries that automation and artificial intelligence (AI) will take jobs away from the average citizen. The Committee for Economic Development of Australia predicted in 2016 that as many as five million Australian jobs will likely be automated by 2030.

It’s accepted that new machines and technologies will help companies cut costs, improve efficiencies, and increase sophistication in building and providing products. But for many, this exponential growth disrupting jobs — and therefore the economy at large — presents a worrisome possibility. How organisations adapt to this technological change will determine future economic prosperity, […]

Automatic (journalism) for the people

Automatic (journalism) for the people

We call upon the author to explain… Shutterstock.com

This article was written by a human, but then again, any computer designed to pass Turing’s famous test would say that, wouldn’t it?

Even if you believe me, it might not be that long before an awful lot of content on the internet is being churned out by automated systems. I use the term “content” quite specifically, here: content is a product, a consumable that the modern internet increasingly subsists on, and can, according to Google and the UK’s Press Association, increasingly be generated by algorithms. Conversely, journalism, we might hope, […]

The Knowledge City Index: Sydney takes top spot but Canberra punches above its weight

The Knowledge City Index: Sydney takes top spot but Canberra punches above its weight

A knowledge city has several characteristics, including diverse knowledge industries, key knowledge-producing infrastructure (such as universities and science parks), and a quality of life that enhances the city’s social and cultural milieu.

To understand the impacts of these elements we have built a new Knowledge City Index for Australia. The index, released today, enables us to compare the strengths and weaknesses of 25 Australian cities.

The idea of a knowledge city is not new. But, until now, few have gone further in assessing knowledge cities than definitions to create measures for comparing cities and their knowledge intensiveness.While many espouse the achievements […]

The Robots are coming. So what might we do?

The Robots are coming. So what might we do?

The majority of the country’s workforce is involved with execution or operational jobs, many which can be replaced by technology.

Nicolas Dumoulin

In the wake of the current tech-driven revolution, employees and employers alike need to be aware and prepared for the changes that automation will soon bring. With the exponential pace at which technology is advancing today, one can expect this shift to have an inevitable impact on the job landscape in India.Due to a number of factors, the movement towards complete digitalisation will take time to come into full effect and there are still large-scale shifts […]

Ignore Elon Musk and Mark Zuckerberg’s War Over Killer Robots, the Real Challenge is Already Here

Ignore Elon Musk and Mark Zuckerberg's War Over Killer Robots, the Real Challenge is Already Here

Photo: AP Tech giants Elon Musk and Mark Zuckeberg have been engaged in a very public, somewhat silly and self-indulgent battle over artificial intelligence lately. Musk has warned AI-powered robots could usher in some form of automated war to give humanity its richly deserved demise, while Zuckerberg responded by saying he is “really optimistic” it could usher a golden age of lifesaving technology.

Both have traded blows, with Zuckerberg saying the doomsaying is “pretty irresponsible,” and Musk tweeting he thinks the Facebook head just doesn’t understand the issue. The whole thing is a little eyeroll-inducing given true AI remains a […]

Predictions for what robots will do to the US workforce, ranked from certain doom to potential utopia

Predictions for what robots will do to the US workforce, ranked from certain doom to potential utopia

Do you believe AI and robots taking over jobs is, as Elon Musk recently put it , the “biggest risk that we face as a civilization?” Or mostly overblown fear-mongering? Somewhere in between?

There’s probably a research-backed prediction that supports your view. We’ve ranked them here, in order from “certain doom” to “possible utopia,” for your convenience. 1) 47% of total US employment is at “high risk” of automation within the next 10 or 20 years

Doom rating: Share Embed Link How they got there: Carl Benedikt Frey and Michael A. Osborne, researchers at Oxford University, asked machine-learning experts to […]

[Lee Jae-min] Will minimum wage hike step up automation?

[Lee Jae-min] Will minimum wage hike step up automation?

As heralded, the minimum wage is being increased substantially by the Minimum Wage Commission.

The commission is raising the minimum wage from 6,470 won ($5.80) per hour this year to 7,530 won next year, a 16.4 percent increase and the largest increase since 2001. The rise will continue until the minimum payment reaches 10,000 won. As of now, Korea’s per hour minimum wage is roughly in the upper middle among Organization for Economic Cooperation and Development countries, when per capita gross national product and gross national income are factored in.

The increase is part of the government’s effort to narrow the […]

What will become of the retail worker after the ‘apocalypse’?

Retail bankruptcies aren’t the only numbers approaching recession-era levels.

With store closures topping 6,000 for the year, the number of announced job cuts in retail has passed 60,000, according to research from outplacement firm Challenger, Gray & Christmas. The year’s retail job losses have already surpassed all other years but one since 2009, and 2017 is barely half over.

Most of the losses have come from the department store and apparel sectors, as well as other niche retailers. Macy’s alone has let go of 10,000 people, and J.C. Penney has laid off another 5,000, according to Challenger.The losses could continue as […]