Category: Automation Impact on Jobs

Job-Stealing Robots? Millennials See Hope, Fear in Automation

Job-Stealing Robots? Millennials See Hope, Fear in Automation

As workplace automation enters the mainstream, Cathy Engelbert, CEO of Deloitte, shares her perspective on millennials, automation, and preparing the next generation of employees for the work of the future. Cathy Engelbert As the old French adage goes, “plus ça change, plus c’est la même chose”—the more things change, the more they stay the same. But that was before the physical, biological, and digital worlds began merging to give us what I refer to as the “Fusion Revolution,” disrupting whole industries and giving rise to a new mantra—the more things change, the faster they change.

Take life sciences. When I […]

Google Exec: I Am A ‘Job Elimination Denier’ When It Comes To Robots

Google Exec: I Am A ‘Job Elimination Denier’ When It Comes To Robots

A man waiting in line with a robot for a job interview. [Shutterstock – petrmalinak] The chairman of Google parent company Alphabet said Wednesday he is a “job elimination denier” when it comes to robots and their integration into the workplace.

Eric Schmidt, who used to be the CEO of Google, asserted during a speech at an MIT research institute that occupation displacement from automation in certain areas is being balanced out by other additional jobs, Business Insider reports .

“The economic folks would say that you can see the job that’s lost, but you very seldom can see the job […]

Artificial Intelligence and the Role of Workers

Artificial Intelligence and the Role of Workers

While the field of artificial intelligence (AI) has been around for some 60 years , it’s now finally a part of our daily lives — including how we work, bank, shop, interact, invest, drive and get insured. The term AI means different things to different people, but at PwC we think about it on a continuum, moving from assisted to augmented and, finally, autonomous intelligence.

Here, I am primarily focusing on assisted intelligence — applications that help us better perform tasks we’re already doing today. This includes things like email filtering, automated processing of insurance claims and customer service chatbots, […]

We need to track more than GDP to understand how automation is transforming work

We need to track more than GDP to understand how automation is transforming work

A new report by the US-based National Academies of Science Engineering and Medicine suggests that not only has the automation of work barely begun but that the ways in which we measure the effects of technology on employment are inadequate to the task.

The authors argue that to understand how automation is transforming our workplaces, we need better ways of tracking technological change. Put simply, they are saying that if we are what we measure – that is, if policy is driven by the information we collect – then we are collecting the wrong information.

“Data on many of these trends […]

Automation and Jobs – The Atlantic

Automation and Jobs – The Atlantic

Economists expect that millions of American jobs are going to be replaced by automation in the coming decades. But where will those job losses take place? Which areas will be hardest hit?

Much of the focus regarding automation has been on the Rust Belt. There, many workers have been replaced by machines, and the number of factory jobs has slipped as more production is offshored. While a lot of the rhetoric about job loss in the Rust Belt has centered on such outsourcing, one study from Ball State University found that only 13 percent of manufacturing job losses are attributable […]

This map shows where you’re most likely to lose your job to robots

This map shows where you're most likely to lose your job to robots

IBM robot. IBM Research/Flickr New research predicts that almost every major American metropolitan area will lose the majority of its jobs to automation in the next 20 years.

In low-wage large metropolitan areas including Las Vegas, Nevada; El Paso, Texas; San Bernardino County, in Southern California; robots are poised to take more than 60% by 2035, according to analysis from the Institute for Spatial Economic Analysis.

In cities with more jobs in the tech industry, such as Silicon Valley and Boston, fewer jobs are at risk — but no area is expected to go unscathed."The replacement of jobs by machines has […]

Technological unemployment

Technological unemployment

Globalization has often been accused of causing the rise in populism and people voting against the establishment or the elite. All over the world, there is a worrying trend towards popular sentiments for the strong-man leadership together with a decline in democracies. The decline in labor intensive businesses is now being felt especially in manufacturing and construction industries. This has led to a permanent class of unemployed and underemployed people even in developed economies. There is now a growing belief that the real cause for this phenomenon is technology and not globalization.

In a recent World Economic Forum ( WEF) […]

The anxiety about robots stealing jobs is overblown. Policymakers need to focus on more immediate threats

The anxiety about robots stealing jobs is overblown. Policymakers need to focus on more immediate threats

Uhoh: Pepper, the Japanese android. Image: Getty. “The robots are coming to take our jobs”, the Evening Standard told Londoners in December 2016. In case that didn’t depress their readers enough, the article went on to spell out the coming doom: “The sheer pace of change in computational power and grinding efficiencies of automation will alter or eliminate many of our jobs, far faster than we anticipate.”

And then, to ensure the anxiety was sufficiently widespread, they reminded their middle-class readers that “many of the relatively fortunate in the professional class in London will face upheavals too”.

Anxiety about the impact […]

More Malaysians may lose jobs to automation in future, says report

More Malaysians may lose jobs to automation in future, says report

A robot ‘YuMi’ prepares hot coffee at the launch of the Bachelor of Engineering Program in Robotics and Automation Engineering of the Panyapiwat Institute of Management Bangkok, Thailand last month. Automation is likely to replace more than 70% or all semi-skilled and 80% of all low-skilled jobs in Malaysia in future. – EPA pic, May 3, 2017. MORE than half of jobs in Malaysia face a high risk of being lost to automation over the next two decades, with more Malaysians affected than foreign workers, says a report by the Khazanah Research Institute (KRI).

Four of five of these jobs […]

The Parts of America Most Susceptible to Automation

The Parts of America Most Susceptible to Automation

Isaac Brekken / AP Economists expect that millions of American jobs are going to be replaced by automation in the coming decades. But where will those job losses take place? Which areas will be hardest hit?

Much of the focus regarding automation has been on the Rust Belt. There, many workers have been replaced by machines, and the number of factory jobs has slipped as more production is offshored. While a lot of the rhetoric about job loss in the Rust Belt has centered on such outsourcing, one study from Ball State University found that only 13 percent of manufacturing […]