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74% of employees in South Africa say that robots should be more widely used in production, but fear robot hacking

74% of employees in South Africa say that robots should be more widely used in production, but fear robot hacking

According to Kaspersky ( www.Kaspersky.co.za ) research, employees in South Africa believe that the better robots become at different tasks, the fewer jobs will remain for humans. The majority of local employees surveyed (74%) believe that robots should be more widely used across different industries, however, many fear robot hacking.

Today robotics are used together with industrial control systems and other information technology to handle production processes, replacing manual labour and improving efficiency, speed, quality and performance. Kaspersky conducted a study to learn the opinion of employees of manufacturing companies and other large organisations around the world about the consequences […]

The State of the Nation: Why we think BN’s Assistive Basic Income is fundamentally flawed

The State of the Nation: Why we think BN’s Assistive Basic Income is fundamentally flawed

WILL the Assistive Basic Income (ABI) scheme, as proposed by Barisan Nasional (BN) in its manifesto for the 15th general election, really “help” the poor as intended? Or is it a hastily crafted promise, made for political expediency, that is structurally flawed and, worse, would end up hurting the economy?

The mechanics of the ABI are simple (as we understand it, since no further clarity has been offered). Under the scheme, the government will “top up” the monthly income for all households to at least RM2,208. For instance, if your current household income is RM1,500, you will receive an automatic […]

The State Of The Nation: Funding and execution major hurdles to BN’s proposed Assistive Basic Income, experts stress

The State Of The Nation: Funding and execution major hurdles to BN’s proposed Assistive Basic Income, experts stress

Edit Article The State Of The Nation_ Funding and execution major hurdles to BN’s proposed Assistive Basic Income, experts stress _ The Edge Markets THE execution, specification, funding and sustainability of Barisan Nasional’s (BN) proposed RM2,208 Assistive Basic Income (ABI) per household are the most pressing facets of the proposal — experts stress — should it come into play after the 15th general election (GE15).

Note that universal basic income (UBI) is different from the ABI. The former operates on a universal basis in which every household — rich or poor — receives it, while the proposed ABI is intended […]

Economists propose Universal Basic Income to Anwar

Economists propose Universal Basic Income to Anwar

If they do this, better give in coupon to buy necessity. If give money, will use for other thing.

But I think better to try reduce price.
He should actually ask to see Tengku Zafruls targeted subsidy work to date. Cos I suspect the work memang stopped half way. Targeted subsidy is like an urban legend at this rate. Too difficult and too painful to implement
Just continue with BKM method So many resources have been use since Najib BR1M eraTargeted subsidy is the way forward Rakyat just need to declare source of income to LHDN to qualify And […]

Economists propose Universal Basic Income, targeted subsidies to Anwar

Economists propose Universal Basic Income, targeted subsidies to Anwar

Economists propose Universal Basic Income, targeted subsidies to Anwar

Prime Minister Anwar Ibrahim’s bid to tackle high living costs ought to include the implementation of a universal basic income (UBI) scheme rather than a one-off financial aid.

Other economists are of the opinion that Anwar’s unity government should continue to support the people by providing subsidies but in a more targeted and effective manner.Speaking to Malaysiakini, economics professor Geoffrey Williams from the Malaysia University of Science and Technology said the Bantuan Keluarga Malaysia financial aid, which was given out by the previous administration led by Ismail Sabri Yaakob, should be […]

NOMBEKO MBAVA: An unspent budget is not the same as declared savings

NOMBEKO MBAVA: An unspent budget is not the same as declared savings

Department of social development has declared savings of R1.8bn amid increased public demand for social grants

Grant recipients wait for social support payouts. Picture: SUNDAY TIMES The department of social development recently declared savings of R1.8bn. According to the 2022 medium-term budget policy statement, this “saving” is due to a lower than anticipated take-up of the Covid Social Relief of Distress (SRD) grant.

The so-called “saving” is particularly baffling due to the increased public demand for social grants during the cost of living crisis and increased poverty and social distress. It also neatly sanitises the uncertainty that has plagued […]

Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation

Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation

This report examines questions surrounding robotic automation – will there be enough work in the future to maintain full employment, and if so what will that work be? which occupations will thrive, and which ones will wither? what are the potential implications for skills and wages as machines perform some or the tasks that humans now do?

The report is part of the McKinsey Global Institute’s research program on the future of work, and is by no means the final word on this topic.

The technology continues to evolve, as will our collective understanding of the economic implications.Indeed, we […]

The German government’s Citizen’s Income: Hartz IV poverty gets a new name

The German government’s Citizen’s Income: Hartz IV poverty gets a new name

Germany’s new “Citizen’s Income”—according to Federal Labour Minister Hubertus Heil (SPD), the “biggest social reform in 20 years”—will only increase the abject poverty of the current 5.3 million recipients of Hartz IV social security payments. The new system is due to come into force on January 1, 2023.

In November last year the agreement to form the current coalition government, headed by the Social Democratic Party (SPD) and including the Greens and the neoliberal Free Democratic Party, had already presented plans for an expansion of the country’s low-wage sector and the expansion of methods aimed at forcing workers into precarious […]

Seoul Metropolitan Government hosts the “International Forum on Safety Income” in December to solve poverty and inequality

SEOUL, South Korea, Nov. 25, 2022 /PRNewswire/ — Seoul International Forum on Safety Income 2022 (hereinafter referred to as "Forum") will be held in Seoul on December 6 (Tue) where guaranteed income experiment researchers of various countries gather to solve the global challenges of poverty and inequality.

The prolonged COVID-19 pandemic and AI technology advancement have transformed the paradigm of jobs, making the lives of the vulnerable even more difficult. As such, many cities around the world are engaging in discussions on the need for a new income security policy.

Starting from Stockton in 2019, 100 cities in the US […]

UBI payment: Which states send payments between $200 and $1,000?

UBI payment: Which states send payments between $200 and $1,000?

Benjamin Franklin $100 dollar billsAP ore Universal Basic Income (UBI) payments are coming to folks from 34 different cities and states across the country. Yet another major aid from the government to people in need that is another guaranteed income program providing monthly payments to participants who are eligible. These programs tend to be sponsored by the government but there are also cases in which non-profit organizations have been responsible for them. Most cases show there are no strings atached to how the money can be used and people don’t have to pay it back.

There is a general opinion […]