Category: Automation Impact on Jobs

News Analysis: Robots to possibly bring severe repercussions to U.S. society

News Analysis: Robots to possibly bring severe repercussions to U.S. society

Visitors look at a robot at Gateway’ 17 held in Detroit, the United States, June 21, 2017. (Xinhua/Wang Ping) WASHINGTON, July 10 (Xinhua) — While industrial robots are predicted to replace millions of U.S. workers and suppress wage growth in the next decade, reforms in education and social safety net largely lag behind, said a renowned U.S. economist.

"There’s a real mismatch between our institutions and the technologies coming on board," Daron Acemoglu, an economist at Massachusetts Institute of Technology (MIT), told Axios Media, an American news website, in an interview published on Sunday night.

Industrial robots have taken over routine […]

Automation , AI will transform tomorrow’s workforce

Automation , AI will transform tomorrow's workforce

While the use of automation and artificial intelligence technologies is increasing, they will become widely used in the coming years and have a profound impact on the workforce and job security. Many low skill jobs will be lost. Some new highly skilled jobs will be created. Most jobs will be impacted to some degree.

That is the message from a new report from Forrester analyst J. P. Gownder, “Automation Technologies, Robotics, and AI in the Workforce, Q2 2017,” which warns that millions of jobs are at stake as we change how tasks are performed.

Gownder says automation technologies are already reshaping […]

Iain Macwhirter: Report strikes a discordant note over the gig economy

Iain Macwhirter: Report strikes a discordant note over the gig economy

IT was a funny way to relaunch a failing administration: to focus an economic trend that is tending to impoverish millions of voters. Perhaps Theresa May misunderstood yesterday’s Taylor Report into the “gig” economy, and thought that all those zero hours workers would welcome the right to work for less than the minimum wage. That window cleaners would be joyous at having to give up the cash economy and start using expensive online payment systems.

The review by Matthew Taylor, former adviser to Tony Blair, did of course argue that gig workers should be able to request the living wage, […]

Sky Views: Why I’m backing robots over humans

Sky Views: Why I'm backing robots over humans

Tom Cheshire, Technology Correspondent

While futurologists debate whether man or machine will triumph this century, I’m getting on with things and have already picked my side. Robot. And I’m training the machines how to win.

The betrayal of my species began with an app called Spare5. Download it to your phone and you too can turn techno-Judas.The app offers you "small, fun" tasks to do for money.This morning, for example, I identified outdoor activities. The app gave me pictures and videos; my job was to describe what was happening in them, whether it was rock climbing or cycling.Afterwards I rated […]

Rodney Dickens questions the threat technology poses to employment, noting that the new jobs that inevitably come are harder to see now that the ones that will be lost

Rodney Dickens questions the threat technology poses to employment, noting that the new jobs that inevitably come are harder to see now that the ones that will be lost

Many jobs that exist today will be displaced by technology.

But there is nothing new in this.

Manufacturing is an industry where technology has already decimated many jobs. Despite this, unemployment rates in the likes of NZ and Australia haven’t experienced trend increases.There is too much focus on the jobs at threat from robotics and artificial intelligence.Such threats are easier to identify than are the new jobs technology and the evolution of industries will generate. I suspect new jobs will be created by technology and the evolution of industries faster than current jobs are destroyed, as has been the case in […]

A Universal Basic Income For When the Robots Come

A Universal Basic Income For When the Robots Come

Doug Clinton is managing partner with venture capital firm Loup Ventures. [Editor’s note: Doug Clinton, for nine years an analyst with Piper Jaffray, recently departed the firm to help found Loup Ventures, a venture capital outfit focusing on technologies such as vertical and augmented reality and artificial intelligence, along with his colleague Gene Munster. Today he offers up a viewpoint on a "universal basic income," a topic that, as my Gabe Alpert wrote in Barron’s Next last week, has been a focus of Facebook’s Mark Zuckerberg.]

Over the next several decades, human labor will be augmented then replaced […]

The Jobs AI Will Take Over First

11th July 2017: The robotic revolution is set to cause the biggest transformation in the world’s workforce since the industrial revolution. In fact, research suggests that over 30% of jobs in Britain are under threat from breakthroughs in artificial intelligence (AI) technology.

With pioneering advances in technology many jobs that weren’t considered ripe for automation suddenly are. RS Components have used PWC Data to reveal how many jobs per sector are at risk of being taken by robots by 2030, a mere 13 years away. Did you think you were exempt from the robot revolution?

The top three sectors who are […]

The Dark Side of Automation: Impact on Subprime Auto Borrowers

Self-driving cars, car sharing and subscription-based vehicle services: these are destined to affect the auto industry in ways that will make the current sales slump and shift from cars to SUVs seem like a bump in the road. Predictions vary widely as to when the sea change in how we think about cars and how they fit into our lives will come, but its inevitable arrival is often portrayed as part of a brighter, safer, cleaner and more efficient tomorrow. Rilsonav / Pixabay The dark undercarriage of this issue is the insidious effect that the technology, including artificial intelligence, […]

9 forces shaping the future of IT

9 forces shaping the future of IT

Credit: InfoWire.dk IT is on the precipice of unprecedented change. Every company, now in the business of technology, is experiencing glimmers of larger shifts to come: automation, decentralized technology budgets, rapid adoption of cloud-based services, and most recently, artificial intelligence as a business necessity.

Thanks to these emerging and converging trends, technology is increasingly freeing workers from routine tasks, from the warehouse to the C-suite. Massive amounts of data are being ingested in real time, as business decisions are beginning to be offloaded to machines, leaving more time to focus on planning, pursuing leads, and adopting new technologies.

IT stands at […]

Google Funds Automated Journalism In UK

Robots may not be pounding the streets and cornering reluctant sources in the search for scoops anytime soon, but they will be generating a giant volume of basic local news in Britain in the near future, thanks to Google.

The technology giant’s Digital News Initiative has awarded a grant of $805,000 to the Press Association, a news agency in Britain, to fund the creation of a new automatic local news generator. The Press Association will develop the software in collaboration with Urbs Media.

According to partners of the software project, known as “Reporters and Data and Robots” (Radar), it will allow […]