The Silent Shift: How AI Stealthily Reshapes Our Work And Future

The Silent Shift: How AI Stealthily Reshapes Our Work And Future

Robotic Automation Replacing Humans as tecchnology and Human Job Loss as employees being replaced by … [+] In the shadows of the digital age, a quiet revolution unfolds, reshaping the landscape of work with every passing moment. Artificial intelligence (AI), once the fodder of science fiction and speculative thought, now infiltrates every facet of our professional lives, often in ways so subtle that its impact goes unnoticed until it’s too late. This silent shift sees AI not just complementing human efforts but outright replacing them, leaving a trail of obsolescence in its wake. Thus, let’s delve into the stark […]

Does technology replace more jobs than it creates?

Does technology replace more jobs than it creates?

A new major study into US census data since 1940 has quantified technology’s impact on job loss and creation – and what AI will do in the future.

Image: Jose-Luis Olivares, MIT; iStock Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured.But a new research […]

Most work is new work, long-term study of U.S. census data shows

Most work is new work, long-term study of U.S. census data shows

The majority of U.S. jobs are in occupations that have emerged since 1940, MIT research finds — telling us much about the ways jobs are created and lost.

WEBWIRE – Tuesday, April 2, 2024 Caption:Most U.S. workers are in occupations that have only emerged widely since 1940, according to a large-scale study of 80 years of U.S. census data, led by MIT economist David Autor. Credits:Image: Jose-Luis Olivares, MIT; iStock This is part 1 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David […]

How Will Artificial Intelligence Affect Jobs 2024-2030?

How Will Artificial Intelligence Affect Jobs 2024-2030?

Artificial Intelligence (AI) is poised to significantly impact jobs from 2024 to 2030. AI applications like automation and robots are reshaping workplaces, potentially leading to job displacement but also creating new roles that demand expertise in data analysis and machine learning . The evolving landscape may see routine tasks automated, necessitating a shift towards roles requiring technical, creative, and social skills . In the recruitment sector, AI is streamlining processes, enhancing productivity, and altering HR functions, with a projected increase in AI adoption by businesses . Specifically in software engineering, AI is expected to automate many tasks, prompting the […]

Malaysia must study displacement impact of AI on workers

Malaysia must study displacement impact of AI on workers

WILLIAM Blake, in the poem “London”, lamented that in every face he met in the city he saw “weakness” and “marks of woe.” Blake penned these thoughts at a time England was beginning its transition to the industrial revolution. While the industrial revolution paved the way for modernisation which led to the country’s economic advances and lifted many out of poverty through the creation of new jobs, it simultaneously left many out of work. The mechanisation of labour and the rise of the machine would prove to be a challenging time for the country as it rendered many worker […]

Does technology help or hurt employment?

This is part 2 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 1 is available here .

Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: Consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured. But […]

Fast food workers blindsided by sudden closure of Fosters Freeze in Lemoore

Fast food workers blindsided by sudden closure of Fosters Freeze in Lemoore

Closed signs posted on the doors of Fosters Freeze in Lemoore. (Photo: Moninca Navarro) LEMOORE, Calif. (FOX26) — Employees at Fosters Freeze in Lemoore are out of a job.

Assistant General Manager Monica Navarro says she was called Monday morning by her boss who was at the restaurant to open, only to find the locks were being changed.

[RELATED] New $20 minimum wage for fast food workers in California set to start Monday Navarro said she thought it was an April Fools joke.After learning it was real, she drove to the restaurant on Hanford Armona Rd, where the owner was […]

Robots vs Humans

Human jobs are being replaced by robots. Governments, however, according to Bill Gates, should tax firms’ use of them as a means of at least temporarily slowing the spread of automation and funding other sorts of employment. According to a recent study by Oxford University, over half of today’s occupations, or 47 percent, might be automated away over the next 20 years if current trends continue. Following the Industrial Revolution, which occurred in the early 1800s, new inventions produced more than enough new work to compensate for the employment that were lost as a result of the revolution. However, […]

MIT Study Reveals Technology’s Mixed Impact on U.S. Jobs Since 1980s

MIT Study Reveals Technology's Mixed Impact on U.S. Jobs Since 1980s

Technology has long been a double-edged sword when it comes to employment, with advancements leading to both job losses and creations. A comprehensive study by MIT economist David Autor and his team has shed new light on the impact of technology on the American labor force since 1940. Their findings reveal that since the 1980s, technology has tended to replace more jobs than it has added, altering the employment landscape in ways previously unquantified. The meticulous study, anchored in an analysis of 35,000 U.S. Census job categories and a century’s worth of patent data, offers an unprecedented view into […]

How One Tech Skeptic Decided A.I. Might Benefit the Middle Class

How One Tech Skeptic Decided A.I. Might Benefit the Middle Class

“A.I., if used well, can assist with restoring the middle-skill, middle-class heart of the U.S. labor market,” David Autor, a labor economist at the Massachusetts Institute of Technology, wrote. David Autor seems an unlikely A.I. optimist. The labor economist at the Massachusetts Institute of Technology is best known for his in-depth studies showing how much technology and trade have eroded the incomes of millions of American workers over the years.

But Mr. Autor is now making the case that the new wave of technology — generative artificial intelligence, which can produce hyper-realistic images and video and convincingly imitate humans’ voices […]