Category: Automation Impact on Jobs

Study: Automation puts millions of U.S. retail jobs at risk

Study: Automation puts millions of U.S. retail jobs at risk

Automation may be mission-critical to operational longevity in the retail industry, but it could be creating a significant pool of “stranded workers.”

Six million to 7.5 million retail jobs likely will be automated out of existence in the coming years, leaving a large portion of the retail workforce at risk of becoming “stranded workers.” Retail cashiers are at highest risk for automation technologies, and women hold 73% of these positions.

That’s according to a new report, “Retail Automation: Stranded Workers? Opportunities and Risks for Labor and Automation,” conducted by Cornerstone Capital Group and commissioned by the Investor Responsibility Research Center Institute. […]

Robots are taking our jobs

Robots are taking our jobs

Innovation & Technology

| June 2017 issue

0 Rita Lobo is a Brazilian journalist in London. She specialises in politics and economics. She’s an avid traveller always on the lookout for a cheap flight to an exciting destination.Once a scenario fit only for a science fiction thriller, today many workers are seeing their jobs being taken by robots. Factories in Korea already have 4.78 robots per every 100 workers. The global average is around 0.66, but as this number grows the cost of implementing robot workers shrinks, making them a viable and cheaper alternative to human workers.According […]

In the age of automation will jobs really matter?

In the age of automation will jobs really matter?

James Mabbott, Partner, Head of KPMG Innovate It’s time to change the conversation around the jobs of the future.

In 2013 Oxford University published a paper “The future of employment: how susceptible are jobs to computerisation?” that estimates that 47 percent of jobs in the US are at risk. In 2015 CEDA published the paper, Australia’s future workforce? arguing that five million jobs or almost 40 percent of jobs that exist today are at risk of disappearing in the next ten to fifteen years. And just recently CSIRO’s Adrian Turner echoed the 40 percent figure in a keynote speech before […]

Why robots and AI won’t replace most jobs any time soon

Why robots and AI won't replace most jobs any time soon

Image: iStockphoto/bestdesigns The machines may be coming for your job, but they’re sure not very good at it. As Nick Carr put it , "You can see the robot age everywhere but in the labor statistics." In fact, even as the market has gone frothy over machine learning (ML) and artificial intelligence (AI), the US has registered its 86th straight month of increased employment. It’s possible that machines will eradicate some lower-skilled jobs (with an English degree serving as inoculation ) but, on balance, the evidence for a robot takeover is missing in action. The data doesn’t favor robots […]

Automation and globalisation is leading to a shift in demand for skills

Automation and globalisation is leading to a shift in demand for skills

A new Deloitte Access Economics report, commissioned by Deakin University’s DeakinCo , has predicted automation, globalisation and demographic shifts would lead to soft skill-intensive occupations increasing at 2½ times the rate of other jobs, to account for 63 per cent of all jobs in 2030, up from half in 2000.

According to the Soft Skills for Business Success report, the skills most sought by employers were communication (cited in 71 per cent of job ads), digital skills (26 per cent), critical thinking (25 per cent), self-management (20 per cent) and problem-solving (19 per cent).

DeakinCo. chief executive Simon Hann said the […]

Las Vegas to lose 65 percent of jobs to automation by 2025, says study

Las Vegas to lose 65 percent of jobs to automation by 2025, says study

It seems inconceivable that a city can simply watch 65 percent of its jobs evaporate into thin air in less time than it takes your newborn to reach kindergarten, but a recent study says that this is exactly what is going to happen to Las Vegas by 2025.

A report assembled under the supervision of Johannes Moenius, director of the Institute for Spatial Economic Analysis at the University of Redlands, predicts that the huge job loss in Las Vegas will be mirrored by 64 percent of jobs vanishing in El Paso, Texas and 63 percent of percent of jobs in […]

France and Germany forge ahead with car industry automation, UK lags

France and Germany forge ahead with car industry automation, UK lags

The amount of robots installed by French automotive manufacturers increased by 22 percent over a five year period to 2015, helping it to keep up with Germany and move further ahead of the UK.

According to the International Federation of Robotics (IFR), France now has more than 1,400 robots working alongside humans in automotive production, a robot density of 940 units per 10,000 workers. This is the second highest in the EU behind Germany, with the UK lagging behind in 10th with roughly half the number of units.

In France, investment in machinery and equipment are accelerating at a faster pace […]

Impact of AI, Robots, and Automation on Jobs: Tracking the “Hyperbole Cycle”

Impact of AI, Robots, and Automation on Jobs: Tracking the “Hyperbole Cycle”

I’ve been noticing how articles about how AI, robots, or automation will impact the future job outlook all seem to reuse the same terms, like “disrupt”, “steal”, or “threaten”. The thesaurus has only so many terms to go around I suppose. I got to wondering which terms were most popular, and then how they’ve changed over time.

So I ran some queries on Factiva. Factiva is a business information and research tool owned by Dow Jones & Company. My goal was not as much sentiment tracking as it was hyperbole tracking. By hyperbole I mean the breathless, panicky articles that […]

Robots already taking over UK jobs, finds research

Robots already taking over UK jobs, finds research

Travel agents and translators on the decline, while nail technicians are in demand Almost two thirds of the fastest declining job roles in the UK are dropping due to automation, according to analysis by job search engine Adzuna .

Adzuna’s comprehensive report, entitled ‘The Start Of The Curve’, identifies reasons behind the drop in demand for the fastest declining roles around the UK, with 13 of the 20 steepest decliners seeing the effects of automation.

The in-depth study, which quantifies the impact to date of technological advancement and increasing automation on the UK job market, analysed over 79 million UK job […]

‘Smart factories to add $500bn to global economy by 2022’

'Smart factories to add $500bn to global economy by 2022'

Manufacturers expect their investments in smart factories to drive a 27 per cent increase in manufacturing efficiency over the next five years which would add $500 billion in annual added value to the global economy, according to a recent report . A smart factory makes use of digital technologies like Internet of Things, artificial intelligence and more.

Smart factory features include collaborative robots, workers using augmented reality components and machines that send alerts when they need maintenance.

By the end of 2022, manufacturers expect that 21 per cent of their plants will be smart factories, says the report conducted by Capgemini’s […]