The economics of retirement

The economics of retirement

Sir; – It is extremely worrying that the Economic and Social Research Institute, together with the Citizens’ Assembly, should suggest extending the retirement age to 70. It is no surprise that the Minister for Social Protection agrees with the latest findings; politicians and their advisers appear especially ignorant of the enormous economic change wrought by advanced technology in the 21st century. Extending retirement age is about a wrong as it is possible to get. In 20 years, and possibly a lot sooner, people will retire in their fifties for the simple reason that unless they do, there will not […]

Best/worst jobs: Or, the future is here!

Best/worst jobs: Or, the future is here!

We have seen the future when it comes to the best jobs to have. Unsurprisingly, they are almost all generated by the digital age in which we live, and the field of health care that allows us to continue living provided you can afford it — but that’s a story for another day.

The business magazine Kiplinger’s online edition announced its 10 Best Jobs for the Future last week. As the magazine’s Stacy Rapacon points out, “best” for Kiplinger’s takes into account such factors as growth, salary and education required for such positions. “Worst” is exactly the opposite: small or […]

Blue-Collar Blues

I graduated from college in my mid-20s after a series of interesting jobs: driving a truck for UPS; working at the Todd-Hoboken Shipyards in Jersey stripping WW II Navy destroyers (destined to be filled with wheat and floated along the Upper Hudson as part of the mothball fleet); and serving in the U.S. Army infantry during the Vietnam War. I also unloaded boxcars of canned goods and hawked beer at the old Yankee Stadium, shoveled streets and drove a cab from late afternoon till early morning whenever I needed an extra buck.

When I was young, these types of jobs […]

Amazon finds new way to help robots take human jobs – with reptile-based tech

Amazon finds new way to help robots take human jobs – with reptile-based tech

It’s a touchy problem, with a sticky solution.

Robots working in warehouses and product distribution centers lack the dexterity to perform certain tasks.

As Amazon notes in a patent received this week, “One heretofore significant drawback in such automation has been the difficulty that robotic inventory handlers have in manipulating objects that are irregularly shaped, irregularly positioned, or collapsible.”In its ongoing efforts to replace human labor with machines, Amazon has patented a technology derived from the humble gecko, a wall-climbing lizard known for its adhesive feet.To help clumsy-handed robots grab and move problematic items – which could also include airport baggage […]

Rise of the robots: Government not fully prepared for this change in employment

Rise of the robots: Government not fully prepared for this change in employment

When it comes to robots and AI, the world is facing a change unlike anything we have ever witnessed.

The future belongs to the machines Unite spokesman Tony Burke has spoken of his unions fear on how technology is going to change the workplace forever. Burke on a Sky News report said the world is facing a change in employment as we have never faced before. It will impact mainly on the poorest who do everyday jobs with a possibility of 15 million jobs disappearing in the future.

It will impact even those jobs that lead to a promotion for […]

Rise of the robots: Government not fully prepared for this change in employment

Rise of the robots: Government not fully prepared for this change in employment

When it comes to robots and AI, the world is facing a change unlike anything we have ever witnessed.

The future belongs to the machines Unite spokesman Tony Burke has spoken of his unions fear on how technology is going to change the workplace forever. Burke on a Sky News report said the world is facing a change in employment as we have never faced before. It will impact mainly on the poorest who do everyday jobs with a possibility of 15 million jobs disappearing in the future.

It will impact even those jobs that lead to a promotion for […]

Are robots really going to steal our jobs?

Are robots really going to steal our jobs?

PwC analysis suggests that a third of UK and German workers will be at risk by 2030, but other research claims that robots are job creators. We look at both sides of the debate

Automation is nothing new. Industries all over the world have been subject to advances in technology over the course of centuries, even millennia.

Such advances through history, however, have often been met with resistance, especially when human capital is on the line in the short term. Indeed, being dubbed a Luddite stretches back to the early 1800s when handloom weavers protested against the mechanisation of the […]

This website will tell you if robots are going to take over your job

This website will tell you if robots are going to take over your job

A robot playing a trumpet With technology continuously increasing at breakneck speed daily, there’s always a certain level of fear about whether or not your choice of career is going to be around forever. While many may worry that the advent of computers will take away the human touch in many jobs, due to the fact they’re cheaper to pay, and easier to use, one website has done the hard work and has answered the age-old question of “will robots take my job?”

The aptly-titled Will Robots Take My Job will answer that exact question for you. Punch in your […]

Rise of robots could cost 15 million UK jobs and will ‘break the social ladder’ as automation hits poorer workers hardest, report finds

Rise of robots could cost 15 million UK jobs and will 'break the social ladder' as automation hits poorer workers hardest, report finds

Robots and artificial intelligence will ‘break the social ladder’ and could cost up to 15 million jobs, new research has found.

A study found that the increasing automation of jobs will hit poorer workers hardest and will further set back social mobility unless urgent action is taken.

The research warns that automation could create a society in which an elite, high-skilled group dominates the higher echelon of society while a lower-skilled, low-income group is left with little opportunity to climb the social ladder.Scroll down for video Robots and artificial intelligence will ‘break the social ladder’ and could cost up to 15 […]

Jobs in the age of artificial intelligence: Here’s what you need to do to succeed

Jobs in the age of artificial intelligence: Here's what you need to do to succeed

Companies are already using or testing AI and machine-learning systems and the emergence of entire categories of new, uniquely human jobs has been identified. As artificial intelligence (AI) becomes more sophisticated, the threat that this automation will displace a wide number of jobs is very real. This obviously creates a distressing picture for many of us.

However, evidence shows that if technology really destroyed jobs, there would have been no work today for anyone. The technological revolution we have seen in the past 30 years has been unparalleled and exponential, and yet there are more jobs today and probably better […]