Category: Automation Impact on Jobs

Technology is killing jobs, and only technology can save them

Technology is killing jobs, and only technology can save them

In the recent presidential election, automation and robotics got a slight reprieve from the accusations that it has been the key driver in job losses in the United States. During the campaign, the conversation shifted, thanks largely to then-candidate Trump’s masterful scapegoating of Mexico and China, while calling out trade deals like NAFTA and the Trans-Pacific Partnership as clear and present threats to U.S. manufacturing.

Indeed, the administration continues to downplay automation as a factor in the U.S. economy, because that explanation runs against the political policies it hopes to enact under the guise of improving the conditions of America’s […]

Is the American Dream being Killed by Robots?

Is the American Dream being Killed by Robots?

It is a very debate in a world wide scale about whether automation and artificial intelligence is killing the american dream or not, and if it has an impact on the liberalized free trade and affecting the US manufacturing industry. But that is not true at all.

Global trade isn’t to blame for what and how automation has been impacting. The combination of both automation and international trade has damaged local economies, for example the trade with China in particular has been driving down the paychecks of the employees. Without this type of international trade the US economy wouldn’t be […]

New Research: Automation Could Grab More Than a Third of US Jobs by Early 2030s

New Research: Automation Could Grab More Than a Third of US Jobs by Early 2030s

A new report came out last week forecasting the likelihood of automation taking human jobs. The study comes from PwC (Price Waterhouse Cooper) and can be seen online at UK Economic Outlook where the section about international automation begins on page 30.

The upshot is not quite as dreary as the 2013 Oxford study by Frey and Osborne which estimates nearly half of US jobs vulnerable within 20 years. Nor is the new investigation as hopeful as the 2016 paper from Arntz, Gregory and Zierahn titled The Risk of Automation for Jobs in OECD Countries which found a significantly lower […]

Robots job-changers not job-killers

Robots job-changers not job-killers

And the takeover will occur within the next 15 years. Jobs will change rather than disappear over the next decade as robots are increasingly used in the world of work, a study has said. For example, the finance and insurance sectors are showing higher possibilities of automation because finance workers in the US have less education than their British counterparts.

His suggestion is quite similar to a proposal put to the European Parliament to tax robot owners so that those who lose their jobs to automation can be retrained.

In the United Kingdom transport jobs are one of the sectors most […]

LOL, the Treasury Secretary Says Automation of Jobs Is “50-100 More Years” Away

LOL, the Treasury Secretary Says Automation of Jobs Is “50-100 More Years” Away

Steve Mnuchin takes the automated stairs. Photo: Getty Steve Mnuchin, the
genius behind Suicide Squad
and our nation’s treasury secretary, isn’t worried about artificial intelligence or automation. It’s not even on his radar, so just relax.

On Friday, Mnuchin sat down with Axios’ Mike Allen to talk about a wide range of issues including the strength of the dollar, tax reform, and Donald Trump’s “perfect genes.” At one point, they got around to addressing the topic of American jobs being replaced by technology. Here’s what they said in video and text form: Steve Mnuchin is not concerned one […]

LOL, the Treasury Secretary Says Automation of Jobs Is “50-100 More Years” Away

LOL, the Treasury Secretary Says Automation of Jobs Is

Steve Mnuchin takes the automated stairs. Photo: Getty Steve Mnuchin, the genius behind Suicide Squad and our nation’s treasury secretary, isn’t worried about artificial intelligence or automation. It’s not even on his radar, so just relax. Genius Behind Suicide Squad Now Fifth in Line For the Presidency Genius Behind Suicide Squad Now Fifth in Line For the Presidency Genius Behind Suicide Squad Now Fifth in Line For… On Monday night, the United States senate confirmed the executive producer of Suicide Squad, Steven … Read more Read more On Friday, Mnuchin sat down with Axios’ Mike Allen to talk about […]

Automation Could End Meaningless Jobs—And None Too Soon

Automation Could End Meaningless Jobs—And None Too Soon

What makes your work valuable?

Does it fulfill you? Allow you to connect with or help people? Contribute to a greater good?Or does its value come from your income, which allows you to do other meaningful things?You probably know someone who has a bullshit job. Maybe you have one yourself. Anthropologist David Graeber estimates 20 to 30 percent of the workforce feels their jobs are meaningless, and he’s calling for an end to the era of bullshit jobs.Graeber’s call to overhaul how we think about work introduces a twist to the ongoing […]

Automation Threatens Jobs But Offers Financial Freedom

Automation Threatens Jobs But Offers Financial Freedom

Despite sensational headlines and opportunistic politicking regarding the threat automation poses to socioeconomic stability, with a fully informed, properly educated population, more opportunities than threats lie ahead of us in the near future.

Automation has since the Industrial Revolution replaced human jobs with machines. As technology advances and automation evolves, the socioeconomic landscape of human civilization has evolved with it.

For instance, the initial Industrial Revolution disrupted centuries of multidisciplinary crafts and trades where a cottage industry consisting of individuals or small groups of people carried out the entire process of production. As technology merges information with the physical world, processes […]

The U.S. will be hit worse by job automation than other major economies

"hit worse by job automation"

It’s like this place is backwards land, where all good things are recast as bad.

JOB AUTOMATION IS GOOD. It’s the reason wages have increased 20X since 1800.As we automate more tasks, that will free humans up to do more, leading to even more production. That’s what has happened over the last 200 years. There is nothing to suggest that it will not keep happening. We will never stop wanting newer, better and more advanced products/services, because of the hedonic treadmill. If we want to set up a civilization on Mars, we need to expand production […]

Report: Robots May Soon Take Over 38 Percent of US Jobs

Report: Robots May Soon Take Over 38 Percent of US Jobs

Scene from HBO’s "Westworld" (YouTube) By the early 2030s, 38 percent of jobs in the United States could be at high-risk of being performed through automation rather than by humans, a new report indicates.

According to the analysis performed by accounting and consulting firm PwC, that’s a higher number than in Britain, which could see 30 percent of its jobs become automated; Germany, at 35 percent; and Japan, with 21 percent, reports The Los Angeles Times.

The numbers could still change, as they are based on anticipated technologies in the fields of robotics and artificial intelligence, the report said.More U.S. […]