Category: Automation Impact on Jobs

38 percent of U.S. jobs could be lost to automation in the next 15 years

38 percent of U.S. jobs could be lost to automation in the next 15 years

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Should the Trump Administration be Worried About Automation?

Should the Trump Administration be Worried About Automation?

yoh4nn/istock In an interview with Axios’ s Mike Allen on Friday, US Treasury Secretary Steven Mnuchin said he was unconcerned about the possibility of machines replacing significant numbers of human workers in the near future, saying it was “not even on [the Trump administration’s] radar screen” and insisting that displacement would not be an issue for another 50-100 years. “In fact I’m optimistic,” he told Allen.

While there’s a healthy ongoing debate over just what impact automation will have on the workforce , Mnuchin’s assertion that it is not a matter of any particular urgency raised some eyebrows. “Just about […]

Trade Denialism Continues: Trade Really Did Kill Manufacturing Jobs

Trade Denialism Continues: Trade Really Did Kill Manufacturing Jobs

There have been a flood of opinion pieces and news stories in recent weeks wrongly telling people that it was not trade that led to the loss of manufacturing jobs in recent years, but rather automation. This means that all of those people who are worried about trade deficits costing jobs are simply being silly. The promulgators of the automation story want everyone to stop talking about trade and instead focus on education, technology or whatever other item they can throw out as a distraction.

This "automation rather than trade story" is the equivalent of global warming denialism for the […]

Do Androids Dream Of Electric Flat Whites?

Do Androids Dream Of Electric Flat Whites?

When we talk about “what’s next” for coffee, rarely does that conversation center on the barista. They are the unchangeable constant across coffee in all its forms—a living, breathing human who manages the machines, the “mano” in the “mano, miscela, macchina” upon which the espresso tradition was built. A human, standing behind a machine, waiting to serve coffee to the world: that’s a barista.

At least, it used to be.

Cafe X —started by 23-year-old college dropout Henry Hu—seeks to automate the making and serving of specialty coffee. But unlike, say, BRIGGO, the HAL-like coffee behemoth at the University of […]

Report claims robots could steal 18,000 jobs from workers in Barking and Dagenham

Report claims robots could steal 18,000 jobs from workers in Barking and Dagenham

Robts could take over 18,000 jobs in the borough report claims (photo credit: Radio Saigon) Robots could snatch the jobs of more than 18,000 workers in Barking and Dagenham by 2030, according to figures derived from a report released today.

A study by consultancy firm PricewaterhouseCoopers showed that 30 per cent of jobs in Britain are potentially under threat from automation and artificial intelligence.

The jobs must at risk are those in the wholesale, retail trade and manufacturing industry.The Post compared the findings against Office for National Statistics employment figures which showed the borough is disproportionately vulnerable to the robot takeover […]

AI and automation is changing labour landscape: Marc Benioff

AI and automation is changing labour landscape: Marc Benioff

Mar 27, 2017 (LBO) – Every individual, business, industry and government is being impacted by breakthroughs in computing power, connectivity, artificial intelligence, biotechnology and other innovative technologies, says Marc Beniof, CEO of Salesforce, a leading cloud computing company.

This revolution without boundaries is spreading with incredible velocity, he wrote in an article to the World Economic Forum. To meet the challenge, he said the future workforce will have to be equipped with necessary skills.

“By 2020, more people will have mobile phones than have electricity or running water in their homes or villages. Cars are becoming intelligent robots on wheels. Factories […]

Economic insecurity stares at us

Economic insecurity stares at us

Kieran Madden

Many pinned Trump’s election and the Brexit vote as being fueled by people’s fear of losing their way of life.

When it comes to economic insecurity, I think they are bang on.It is likely that those with less formal education and skills voted for change in both situations not because they were ignorant or did not know any better, but, because they see their working life hanging by a thread.Uncertainty breeds fear, and a society driven by fear tends towards dysfunction.Is this fear rational? Many factors are making it clear that the generally stable post-war economic order is giving […]

Why American Jobs Have a Higher Risk of Automation Than Jobs in Germany, the UK, and Japan

Why American Jobs Have a Higher Risk of Automation Than Jobs in Germany, the UK, and Japan

You’ve been warned before—robots are coming for your job. The speed of technological advancement, particularly in smart automation, has sprung countless economic studies and political warnings about how many people are likely to lose their jobs to this rise of the machines. But it’s not an easy number to peg down; estimates range from 5% to 50%.

The latest predictions from PricewaterhouseCoopers survey the damage for specific countries. Analysts at the consulting firm said that by the early 2030s, 38% of US jobs are at a high risk of automation, more than in Germany, the UK, and Japan.

PwC revisited two […]

Robots Are Coming for Your Job. Here’s How, Why and When

Robots Are Coming for Your Job. Here’s How, Why and When

Four in 10 U.S. jobs are at risk of being replaced by automation and artificial intelligence by 2030. Here’s why Americans should worry the most. March 26, 2017 – The potential for job losses due to advances in technology is not a new concern. But over the past few years, fears of technology-driven job losses have emerged with advances in ‘smart automation’ – the combination of artificial intelligence (AI), robotics and other digital technologies. The impact of innovation is already visible in driverless cars and trucks, intelligent virtual assistants like Siri, Alexa and Cortana, and Japanese healthcare robots. But […]

Are Robots Killing the American Dream?

Are Robots Killing the American Dream?

It’s an argument that’s being had at the moment all across the US as people continue to fight for and against globalism and all it stands for. However, some people are blaming globalization and liberalized international trade for killing the American Dream and affecting the US manufacturing industry. But, that’s not really true at all. Keep on reading to see why. Global trade isn’t to blame for what automaton has done. The combination of both automation and international trade is what has damaged some of the local economies. Trade with China in particular has driven down wages and employment […]