WASHINGTON (AP) — Donald Trump laid out an economic future Tuesday that improbably resembles the past, declaring "it will be American steel" that once again builds gleaming skyscrapers and fortifies the bridges and American factories that broadly revive a manufacturing economy long gone.
In Trump’s nostalgia-tinted vision, the complex and diverse U.S. economy can be fixed by tariffs, factory jobs and forcing foreign partners back to the bargaining table.
But to achieve it, he would have to reverse not only globalization, but automation, a changing workforce and other seismic shifts of a U.S. economy that has become more dependent on educated […]
HR needs to reframe its thinking on technology, millennials and data, experts tell the Future Works conference
HR has much to learn from the academics, policy experts and economists who gathered at last week’s Future Works conference, hosted by The Economist, where they collectively laid bare the host of challenges facing every leader – and employee – as the working world undergoes a transformation, the likes of which we’ve never seen before. Here are five myths about the future of work that they collectively debunked during their discussions.
The relationship between tech and jobs is straightforward More automation means […]
Companies can find talent. They just can’t attract it. Fifteen years ago, corporate was king, and bigger was better. Companies such as Bank of America , Qualcomm , Cisco Systems , Intel , Sun Microsystems and Merck were top companies desired for employment. That mindset has evaporated. Today Stryker , Baptist Health South Florida , Workday and Genentech are among the 100 best companies to work for, according to Fortune Magazine .
Small is beautiful
Worker preferences are changing. It’s no longer good enough to tout social responsibility and entice talent with the sparkle of high earnings. Employees want […]
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Is the Threat of Job Automation Affecting Your Recruitment Strategy?
If the threat of job automation is impacting your organization’s ability to attract top talent, it’s likely time to revisit your recruitment strategy. Because technology has become a big part of how different industries perform tasks, it can cause a fear of job stability for many employees seeking new positions in these industries. Fear of being replaced by software or an algorithm can cause job seekers to consider switching industries or independently pursue training.
According to ADP’s study 43 percent of employees believe that “automation will replace employees for repetitive […]
An astounding 47% of jobs in the United States alone are at high risk of being automated over the coming 20 years. A combination of new business models, technology, workforce automation, and globalization is changing the way that companies do business – and the workforce is at the crux of it all. New job categories will replace many of these automated jobs. But the real question is: What happens to the people rendered redundant, and how likely will companies help ensure their success?
Traditionally, robots and automation are associated with the displacement of more manual labor. However, the stark reality […]
Universal Basic Income by Independent Trader
It wasn’t long time ago when Swiss had a referendum about universal basic income (UBI). They rejected it. The initiators of the campaign for UBI wanted a minimum salary to be paid to everyone regardless of their age, occupation or level of income. The UBI was aimed to replace pensions and benefits thanks to which numbers of bureaucrats would decrease. One argument for such a change is advancing automation and the end goal is to disconnect salary from work.
The Swiss economy is one of the most efficient economies in the world. Robotised manufacturing […]
The absence of Ashok Vaswani, CEO of Barclays UK, at London Tech Week’s Future of Work panel was a telling hint at the enormous, Brexit-shaped elephant in the room.
While technology and business leaders had gathered to hear a panel talk about the changing face of work, the pound was plummeting to a 31-year low. As a result, optimistic words about the future of 21st-century employment had to jostle around the awkward fact that Britain’s future economy was, and continues to be, very much in the toilet.
The young can look forward to a “more secure” and “prosperous future”, Boris Johnson […]
ObamaFILE – Deputy Labor Secretary Christopher P. Lu speaks at Bladensburg High School in Bladensburg, Md., April 7, 2014 In the midst of a presidential campaign season where sustained economic recovery, job creation and trade have returned to the fore, Deputy Secretary of Labor Christopher Lu talked with VOA’s Adrianna Zhang about the Trans-Pacific Partnership and outlook on job creation efforts. Lu said more needs to be done despite recent gains.
VOA : Job creation has been a central talking point throughout the 2016 presidential campaign. Can you talk a bit about what your department has been doing to […]
European authorities are reportedly questioning whether manufacturers should be on the hook for the impact of factory robots on human employees and social services.
Reuters reports that a draft European Parliament motion would urge reconsideration of a wide range of issues in the age of automation.
One provision would ask whether "the most sophisticated autonomous robots could be established as having the status of electronic persons with specific rights and obligations."Another floated the possibility of funds to cover the liability of individual smart robots, while another suggested that robot owners could pay social security in order to sustain those programs […]