Category: Automation Impact on Jobs

Robots are set to take the jobs of millions of Asian workers in the coming years

Robots are set to take the jobs of millions of Asian workers in the coming years

Workers at a garment factory in Vietnam In the next few decades, about 56% of all salaried workers in Cambodia, Indonesia, the Philippines, Thailand, and Vietnam could be displaced by automation and advanced technologies, such as 3D printing. That’s the conclusion of an extensive series of new studies by the International Labour Organization (ILO).

Mass-scale displacement won’t happen overnight, but it’s already in the works. Robots, for instance, are increasingly handling the labor previously done by low-skilled workers in industries such as automotive and electronics manufacturing. For governments and employers willing to educate and train workers for new, high-tech jobs, […]

US: President’s top economic adviser rejects basic income

US: President’s top economic adviser rejects basic income

Jason Furman, President Obama’s top economics adviser, rejected the idea of a universal basic income in remarks made on Thursday, July 7, at a White House workshop on automation.

The last of four workshops on automation co-hosted by the White House Office of Science and Technology Policy was held on Thursday, July 7 at New York University in New York City, New York.

At this workshop , Jason Furman , an economist who has served as Chairman of President Obama’s Council of Economic Advisers since June 2013, present prepared remarks entitled “ Is This Time Different? The Opportunities and Challenges […]

Where today’s tech can, and can’t, replace humans

Where today’s tech can, and can’t, replace humans

This morning, McKinsey & Co. is releasing a new look at the impact automation is likely to have across various sectors of the economy and, ultimately, the workplace. Its findings are based on analysis of 2,000-plus work activities across more than 800 occupations and includes data from the U.S. Bureau of Labor Statistics.

The good news, says the report, is that automation will “eliminate very few occupations entirely in the next decade.” It adds that automation will eventually affect “portions of almost all jobs to a greater or lesser degree.”

Whether you see this as a good or bad thing could […]

Job reduction due to automation in industries

Job reduction due to automation in industries

Automation in industries is reducing the number of jobs. In India, 69% of the jobs will get affected. Automation is becoming a reason for job reduction all over the world. Also, China might face 77% job reductions due to this.

The problem will have much greater effect on developing nations like India. As per the Technology Act Report, many jobs will get vanished due to automation of industries in next 20 years. Uzbekistan and Ethiopia can face 55% and 85% reduction in jobs. US might also face a 47% job reduction due to automation.

According to recent survey done in four […]

Good news for U.S. manufacturing? Yes, with caveats

Good news for U.S. manufacturing? Yes, with caveats

Cagle Cartoons National Columnist

Reports of NASA’s Juno spacecraft entering the orbit around Jupiter lit a sparkler in this American heart – on the Fourth of July, no less. It showed that Americans still have what it takes.

To keep spirits orbiting, let’s note another recent American feat that few could have imagined a couple of years ago. The United States is now gaining, not losing, factory jobs. This glad trend has some sobering asterisks attached, but there’s no denying this:There are now nearly a million more factory jobs in this country than there were in 2010. Many of them are […]

U.S. factory jobs increasing, but automation plays key role

Reports of NASA’s Juno spacecraft’s entering the orbit around Jupiter lit a sparkler in this American heart — on the Fourth of July, no less. It showed that Americans still have what it takes.

To keep spirits orbiting, let’s note another recent American feat that few could have imagined a couple of years ago. The United States is now gaining, not losing, factory jobs. This glad trend has some sobering asterisks attached, but there’s no denying this:

There are now nearly a million more factory jobs in this country than there were in 2010. Many of them are coming — surprise, […]

White House economist: Don’t fear the rise of the robots (He’s right)

How much should we fear the “rise of the robots”? (And I mean this from the perspective of worker employment, not human survival.) In a speech today on artificial intelligence and automation, White House economist Jason Furman gives a pretty reasonable and defensible perspective. No, smart machines aren’t going to take all our jobs.

That’s not really the issue, as he sees it. Rather, “it is that workers will either lack the skills or the ability to successfully match with the good, high paying jobs created by automation.” In a short-run that could last decades, “not all workers will have […]

The real impact of robotics and automation advancements

The real impact of robotics and automation advancements

Dear Senate, don’t mess with my automation.

Senator Dan Coats (R-Ind.) chaired a Joint Economic Committee hearing on May 25, titled, “The Transformative Impact of Robots and Automation.” The hearing touched on the impact of robots and automation on jobs and the economy . Of course, any time a Senate committee starts quoting, "One study found that nearly half of American jobs are at risk of being automated over the next couple of decades," I take an interest.

Several experts testified with some interesting thoughts, and I have many of my own. Also read: Is machine learning smart enough to help […]

Machines Are Taking All The Jobs? What Decision-Makers Say And Do

Machines Are Taking All The Jobs? What Decision-Makers Say And Do

A new PwC survey provides fresh and illuminating data on the burning questions of the day: Are machines going to take over our jobs? And how much do we rely (or over-rely ) today on machines, automation, and algorithms?

Experts are confident that machines are going to replace many workers. A much-quoted report from Oxford University has estimated that “about 47% of total US employment is at risk” for being fully automated. The machine threat to employment is even greater in developing economies— a recent report from Oxford estimates that 77% of jobs in China and 69% of jobs in […]

A scary glance at the job market of 2035

Talk about “burying the lede.” A World Economic Forum piece from earlier this year examined an Australian report on the likely jobs in demand less than twenty years from now. Among them: remote operators for airplanes and “online chaperones” to help prevent cybercrime.

But dig down and you find just how much dislocation the so-called Fourth Industrial Revolution could bring. The World Bank predicts that 47 percent of U.S. jobs are at risk of automation. (This jibes with other scholarship I’ve written about before ). If it gives Seattleites any schadenfreude, Oklahoma City is in even greater danger of seeing […]