Tag: academic

An Awesome Route For Autonomous Technology

An Awesome Route For Autonomous Technology

If you feel as though you’re hearing more and more about automation, robotics and related technologies from an investment perspective, you’re not alone. And if you’re among those that feel daunted by this new, disruptive asset class, the ARK Autonomous Technology & Robotics ETF ( ARKQ ) makes automation and robotics investing approachable and enjoyable.

Investors can capture growth through quick advancements in technological developments. In an attempt to hone in on the potential opportunities, one should consider the criteria used to identify a disruptive innovation and look to an ETF strategy that adapts to the changes.

“Scores of academic studies […]

Higher Ed Employment in a “World Without Work”

Higher Ed Employment in a

A World Without Work: Technology, Automation, and How We Should Respond by Daniel Susskind

Published in January of 2020.

In A World Without Work , Daniel Susskind takes the heretical position (for an economist) that the robots are poised to take our jobs. For Susskind, this jobless future is inevitable and will arrive within the next few decades.No doubt that many of you are already sympathetic to the world without work thesis. Or, if you are a card-carrying economist, skeptical of claims of a future of technologically driven unemployment.Susskind has spent a decade thinking of nothing much but […]

A.I. is transforming the job interview—and everything after

A.I. is transforming the job interview—and everything after

In his Amsterdam offices, about an hour’s drive from his company’s largest non-American ketchup factory, Pieter Schalkwijk spends his days crunching data about his colleagues. And trying to recruit more: As head of Kraft Heinz’s talent acquisition for Europe, the Middle East, and Africa, Schalkwijk is responsible for finding the right additions to his region’s 5,600-person team. The games were cognitive and behavioral tests developed by startup Pymetrics , which uses artificial intelligence to assess the personality traits of job candidates. One game asked players to inflate balloons by tapping their keyboard space bar, collecting (fake) money for each […]

Industrial strategy in the advanced digital Age

Industrial strategy in the advanced digital Age

In developing an industrial strategy we often face conflicting situations. Some of them like production growth versus environmental impact, automation versus employment are highly complicated issues to deal with. The capabilities of developing countries are being challenged in finding ways for simultaneously addressing productivity, job creation, wage increase, value addition, inequality, environmental degradation, and inclusiveness. Although productivity is critical for increasing wage, it often leads to the adoption of advanced technology that reduces labour demand. To counter the role of labour-saving technology, often developing countries condone environmental issues.

However, the new industrial age offers the opportunity of addressing these variables […]

BD has enough room to gain in IT era, says economist

BD has enough room to gain in IT era, says economist

Emerging economies like Bangladesh can benefit to a great extent from the rapid global changes against backdrop of information technology (IT)-based services, Italian economist Nicolo Andreula has observed.

"Bangladesh’s people are young, thirsty of knowledge, ready to jump at business opportunities, building resources and skills as they go," he said.

Rise of platform economy, digitalisation, automation, robotics have been reshaping the globe, where one needs to get well-prepared, said Mr Andreula who co-authored a book titled ‘Flow Generation: A Survival Guide for Our Unpredictable Lives’.He was delivering a public lecture on ‘Flow Generation’ organised by the Centre for Governance Studies (CGS) […]

A World Without Work by Daniel Susskind review – should we be delighted or terrified?

A World Without Work by Daniel Susskind review – should we be delighted or terrified?

Oscar Wilde dreamed of a world without work. In The Soul of Man Under Socialism (1891) he imagined a society liberated from drudgery by the machine: “while Humanity will be amusing itself, or enjoying cultivated leisure … or making beautiful things, or reading beautiful things, or simply contemplating the world with admiration and delight, machinery will be doing all the necessary and unpleasant work.” This aesthete’s Eden prompted one of his most famous observations: “Is this Utopian? A map of the world that does not include Utopia is not worth even glancing at.”

In Wilde’s day the future of work […]

Robots killing off all the jobs? No evidence so far, says World Bank

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The rise of automation has so far had a negligible impact on jobs at a global scale, the chief economist said, despite common gloomy predictions that humans are set to be replaced by machines.

While advanced economies have shed industrial jobs over the last two decades, the rise of the same sector in East Asia has more than compensated for the loss, according to an annual report published by the Washington-based international financial institution.“This fear that have eliminated jobs — this fear is not supported by the evidence so far,” the World Bank’s Chief […]

Let’s make full use of tech advances

Let's make full use of tech advances

Pupils from SK Seri Terentang in Pahang with their invention at the Maker Robot Festival in Ulsan, South Korea, in October. It is vital to prepare the young for the era of robotics.NSTP/MOHD RAFI MAMAT THANKS to creative minds at work since the beginning of our species, Homo sapiens (‘wise man’), technology has continuously transformed societies.

Imagine the impact on lives when some early man or woman first shaped a rock or branch into a simple tool. Or saw a stone roll and recognised the idea and potential of the wheel. Or discovered how to control fire. Or first cultivated […]

Why humans remain at the core of good security operations

Why humans remain at the core of good security operations

The frenetic pace at which artificial intelligence (AI) has advanced in the past few years has begun to have transformative effects across a wide variety of fields. Coupled with an increasingly (inter)-connected world in which cyberattacks occur with alarming frequency and scale, it is no wonder that the field of cybersecurity has turned its eye to AI and machine learning (ML) in order to detect and defend against adversaries. The use of AI in cybersecurity not only expands the scope of what a single security expert is able to monitor, but importantly, it also enables the discovery of attacks […]

Work is a fundamental part of being human. Robots won’t stop us doing it

Work is a fundamental part of being human. Robots won’t stop us doing it

Hardly a week goes by without a report announcing the end of work as we know it.

In 2013, Oxford University academics Carl Frey and Michael Osborne were the first to capture this anxiety in a paper titled: “The Future of Employment: How susceptible are jobs to computerisation?” .

They concluded 47% of US jobs were threatened by automation. Since then, Frey has taken multiple opportunities to repeat his predictions of major labour market disruptions due to automation.In the face of threats to employment, some progressive thinkers advocate jettisoning our work ethic and building a world without work .If machines can […]