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Is AI threatening employment stability? Here’s what economist says

Is AI threatening employment stability? Here’s what economist says

Illustration of construction workers. (Photo: Public Communication Bureau PUPR Ministry) UNAIR NEWS – The International Monetary Fund (IMF) has identified the development of Artificial Intelligence (AI) technology as it has the potential to exacerbate inequality and lead to a loss of 40 percent of jobs. These jobs are predicted to be replaced by AI. What are the threats of AI to employment stability in Indonesia?

Economics expert Prof. Dr. Sri Herianingrum SE MSc from Universitas Airlangga pointed out that these threats will target low-skilled jobs. All such jobs can be replaced by technology automation, such as robots.

“Low-skilled jobs that can […]

Study Shows Skills Shortage Is a Reality for Nine Out of Ten German SMEs

Study Shows Skills Shortage Is a Reality for Nine Out of Ten German SMEs

Press release from the issuing company Challenge: A widespread problem that extends beyond the printing industry Catching up to do: Almost half of SMEs only moderate when it comes to digitalization

Solution: Artificial intelligence, machinery, and robotics offer potential remedies

German SMEs are suffering a massive skills and workforce shortage – a fact highlighted by a representative survey among SME decision-makers that the F.A.Z. Institute conducted for Heidelberger Druckmaschinen AG (HEIDELBERG). According to this survey, nine out of ten German SMEs do not have enough staff. Just under half (49 percent) said they were badly or very badly affected […]

OneVision Software at drupa 2024

OneVision Software at drupa 2024

Press release from the issuing company

Software manufacturer OneVision is showcasing many possibilities for automating production processes at drupa in Düsseldorf from May 28 to June 7. For the first time, OneVision is demonstrating its solutions for digital production tracking throughout the entire production process.

Regensburg/Düsseldorf. The topic of this year’s premier exhibition for the global printing industry is “We create the future”. Automation and digitalization are key subjects to be addressed. Optimizing production processes can save valuable time and costs, especially during skilled worker shortages and rising costs, making print businesses more future-proof.Automation specialist OneVision invites drupa visitors to […]

Seattle gave low-income residents $500 monthly payments with no strings attached. Some got new housing and employment rates nearly doubled.

Seattle gave low-income residents $500 monthly payments with no strings attached. Some got new housing and employment rates nearly doubled.

A view of the Seattle skyline. Jeff Halstead/Icon Sportswire/Getty Images A Seattle basic income pilot gave low-income residents $500 a month, nearly doubling employment among participants.

The majority of the selected participants were people of color.

Basic income pilots nationwide have seen noteworthy success, despite conservative opposition. A Seattle guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty . Employment in the group nearly doubled, and numerous unhoused residents secured housing.The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. New findings by […]

Texas AG Ken Paxton fails to block Houston’s basic income plan

Is it a violation of the Texas Constitution for a city to give money to its low-income residents?

On Thursday, a Texas state court judge answered with a definitive “no” — the first ruling in what is shaping up to be a long legal fight over that question.

“There is sufficient evidence to show that guaranteed income programs are successful, so why wouldn’t we believe it?” Judge Ursula Hall said.In her ruling, Hall blocked a push by Texas Attorney General Ken Paxton (R) to keep Harris County — the state’s most populous county and the home of Houston — from implementing […]

Austin approves guaranteed income for families as Houston battles lawsuit for same thing

Austin approves guaranteed income for families as Houston battles lawsuit for same thing

Attorney General Ken Paxton argues that taxpayer money cannot be "redistributed with no accountability or reasonable expectation of a general benefit." More Videos

AUSTIN, Texas — The city of Austin is bringing back a "guaranteed income" program to give 100 families an extra financial boost every month.

But a similar program in Harris County has faced opposition from the state’s top lawyer. RELATED: Texas AG sues Harris County over guaranteed income program. Is Austin next? The city of Austin enacted the program in 2022 to help 135 families, and staff said it was a success, finding that people actually used […]

Universal Basic Income and Solutions to Tackle Income Inequality

Universal Basic Income and Solutions to Tackle Income Inequality

Universal Basic Income and Solutions to Tackle Income Inequality

Mindful Mediator

· Follow 4 min read·4 hours ago– Image from WHAT ‘if’ ECONOMICS, 08/02/2021, http://lollty.com/Au3a2B Income inequality has been a longstanding concern in many societies, driving policymakers and economists to explore unconventional means to ensure fairer wealth distribution. One approach gaining traction is Universal Basic Income (UBI), a system that provides all citizens with a regular stipend, regardless of their employment status or income level. As the debate surrounding UBI intensifies, proponents argue that it could be a powerful tool to address income inequality. However, critics remain skeptical, […]

Judge rejects Paxton’s attempt to block Harris County’s guaranteed income program

Judge rejects Paxton’s attempt to block Harris County’s guaranteed income program

A Houston state district judge on Thursday denied Texas Attorney General Ken Paxton’s attempt to block Harris County’s implementation of a guaranteed income program.

Judge Ursula Hall, in Harris County’s 165th Civil Court, rejected the attorney general’s arguments that the program to give monthly stipends to more than 1,900 low-income residents violates the Texas Constitution.

“There is sufficient evidence to show that guaranteed income programs are successful, so why wouldn’t we believe it,” Judge Hall said.First Assistant County Attorney Jonathan Fombonne said he was thrilled with the judge’s ruling.“I feel great because we’re protecting an incredibly important program that’s going to […]

Texas AG Ken Paxton fails to block Houston’s basic income plan

Source: The Hill

Is it a violation of the Texas Constitution for a city to give money to its low-income residents? On Thursday, a Texas state court judge answered with a definitive “no” — the first ruling in what is shaping up to be a long legal fight over that question. “There is sufficient evidence to show that guaranteed income programs are successful, so why wouldn’t we believe it,” Judge Ursula Hall said.

In her ruling, Hall blocked a push by Texas Attorney General Ken Paxton (R) to keep Harris County — the state’s most populous county and the home […]

Hearing set for state lawsuit after AG Ken Paxton sued Harris County over guaranteed income program

Hearing set for state lawsuit after AG Ken Paxton sued Harris County over guaranteed income program

Harris Co. officials have said the program is about lifting people out of poverty. It would give $500 to recipients for 18 months.

Texas Attorney General Ken Paxton sued Harris County over Uplift Harris, a guaranteed basic income pilot program for low-income families.

HARRIS COUNTY, Texas (KTRK) — The fight over Harris County’s guaranteed basic income pilot program will move to the courtroom Thursday morning, with a temporary injunction hearing.It comes more than a week after Attorney General Ken Paxton sued the county over Uplift Harris, which would provide $500 per month to low-income families.Paxton is asking a judge to issue […]