Category: Automation Impact on Jobs

Three Perspectives on the Future of AI

Three Perspectives on the Future of AI

AEIdeas

March 29, 2024

Is AI the end of the world, a new beginning, or just another chapter in the history of humans and their machines? In a thought-provoking trialogue , three leading experts, Daron Acemoglu, Adam Thierer, and Erik Brynjolfsson weigh in on these questions, exploring the evolving landscape of work, technology, and economic prosperity in today’s economy.While it sounds like the setup for a joke, the papers could be summarized as “a pessimist, an optimist, and a realist walk into a bar to talk AI.” Acemoglu plays the role of the concerned pessimist. Consistent with this recent book, […]

Minimum Wage Laws Make for Great Politics, but Fewer Jobs

Minimum Wage Laws Make for Great Politics, but Fewer Jobs

Commercial kitchen in a fast food restaurant, clean and empty as if untouched. Once again, for those who didn’t pay attention during Econ 101, if you artificially hike the price of labor, you reduce demand for workers. In California, this is playing out in terms of lost jobs, increased automation, and other consequences that result when politicians signal a unicorns-and-rainbows vision of the marketplace to their allies and leave the public to deal with the resulting mess. Higher Pay, but Fewer Jobs

"A California state law is set to raise fast-food workers’ wages in April to $20 an hour. […]

10 Outdated Professions That Are Not Worth Pursuing Anymore (Dying Occupations)

10 Outdated Professions That Are Not Worth Pursuing Anymore (Dying Occupations)

10 Outdated Professions That Are Not Worth Pursuing Anymore (Dying Occupations) 2 To understand how professions become outdated and dying occupations, we must acknowledge the relentless pace of change in today’s technology and how it affects the job market. Technological advancements and shifting economic trends have dramatically reshaped the professional landscape, rendering specific careers less viable than they once were.

This article will explore ten jobs that have been particularly impacted, providing insights into why these professions are now considered obsolete and what emerging trends influenced these changes. Understanding these dynamics is crucial for anyone looking to make informed decisions […]

How not to talk about AI in education

How not to talk about AI in education

With AI described variously as a co-author, creator, thinker, and even a teacher, Helen Beetham urges the sector to articulate AI’s role in higher education more carefully, so that we’re not inadvertently fuelling the hype and confusion

It seems impossible not to talk about AI. Here is a story about technology that challenges universities on their own ground. It claims to have knowledge, to think, and to learn. Students can use it to write assignments, and scholars to turbocharge their research outputs. But by talking about it in the terms given by the AI industry, are we failing to […]

The Technology Changing the Manufacturing Game in the US Today

The Technology Changing the Manufacturing Game in the US Today

While it might not be the industry that you see taking up the sensationalist, there’s no arguing against the importance of the manufacturing industry. It’s something that is the backbone of many cornerstones of the societal landscape you know today. As a result, the technology that goes into this is something that will be transformative not just for these industries, but for the industries affected by that industry.

Even looking in particular the US, you can begin to get a picture of how much can change with a single example of a relevant tool. Automation

While much of the […]

ProGlove & topsystem Revolutionise Logistics Solutions

ProGlove & topsystem Revolutionise Logistics Solutions

Manufacturing needs humans and automation to succeed ProGlove & topsystem team up to elevate data capture in manufacturing. Pierre Mikaelsson, CPO at ProGlove, tells us more about innovations in automation

ProGlove has announced that it is teaming up with topsystem, a division of Ehrhardt Partner Group, to improve mobile logistics solutions. Together, they will combine topsystem’s LYDIA Voice Pick-by-Voice solution with ProGlove’s MARK family of wearable barcode scanners.

These are aimed to untether frontline workers and give them additional mobility. It is hoped that this hands-free experience will advance safety, quality and efficiency. Extended data capturing in manufacturing To connect […]

UK heading towards employment ‘apocalypse’ due to AI, new study says

UK heading towards employment 'apocalypse' due to AI, new study says

The rise of artificial intelligence (AI) threatens nearly 8 million jobs in the United Kingdom unless government measures are taken to instead enhance work through technology, a study by the Institute for Public Policy Research (IPPR) warned on Wednesday.

In the worst-case scenario, up to 7.9 million positions could ultimately be lost. These range from low and highly-skilled jobs spanning secretarial work to data management and graphic design, to be potentially replaced by algorithms, according to the IPPR study.

However, tax measures encouraging the enrichment of jobs with new responsibilities while automating certain tasks can avert a so-called "job apocalypse".The […]

Exploring the top manufacturing trends shaping 2024; From automation to sustainability

Exploring the top manufacturing trends shaping 2024; From automation to sustainability

Technological advancements in the manufacturing sector play a vital role in the growth of the world economy. Emerging manufacturing trends include industrial automation, smart factories, additive manufacturing, and Artificial Intelligence (AI). However, in the aftermath of the COVID-19 pandemic, manufacturing companies are looking to maintain productivity with reduced manpower.

Hence, startups and scaleups are developing smart sensors, immersive technology gadgets, and wearables that eliminate the need for the physical presence of workers. Simultaneously, companies are shifting to sustainable materials and green energy sources to reduce the carbon footprint of manufacturing facilities and products.

Top 10 Manufacturing Trends in 2024 […]

Research Discussion Exploring the Impacts of Artificial Intelligence on Employment

**Research Discussion: Exploring the Impacts of Artificial Intelligence on Employment** **1. Introduction** Artificial Intelligence (AI) has become increasingly pervasive in various aspects of our lives, including the workforce. As AI technologies advance, they have the potential to revolutionize industries, streamline processes, and enhance productivity. However, there is growing concern about the potential displacement of human workers by AI systems. This research discussion aims to delve into the multifaceted impacts of AI on employment, exploring both the opportunities and challenges it presents. **2. The Evolution of AI in the Workforce** The integration of AI into the workforce is not a […]

Some managers looking for a discount think it’s time to replace you with AI

Some managers looking for a discount think it’s time to replace you with AI

Bosses are crunching the numbers and considering replacing workers with AI. It’s been almost a year since AI’s bloom last spring , recalling another flowering: The “tulip mania” of the Dutch Golden Age, one of the most infamous examples of a financial bubble in economic history. But will ChatGPT blossom, with ramifications for any worker’s job, or will it wither as the petals fall off the proverbial plant?

Even if people are mixed on whether AI will take your job or enhance it, one thing is becoming clear: Managers are starting to pit these innovations against disenfranchised workers.

Look no further […]