Robots Are Stealing Our Jobs

Robots Are Stealing Our Jobs

A recent study predicts automation will eliminate 73 million jobs by 2030. If you’re worried, you should be. Opinions expressed by Entrepreneur contributors are their own.

Are you worried about losing your job? Perhaps you should be, not because of an influx of illegal immigrants but because of robots.

Our jobs are not being stolen, they are being destroyed. A recently released report conducted by the McKinsey Global Institute estimated automation will eliminate 73 million jobs by 2030 . While companies spend billions trying to improve efficiency through automation, we are often complicit in the job loss, perhaps without knowing it. […]

J-PAL North America’s newest initiative explores the work of the future

J-PAL North America’s newest initiative explores the work of the future

“The future of work will be determined by who yields power and for what purposes. We are in a moment of great transition — we have an opportunity to imagine what a new social contract can be,” said Sarita Gupta, executive director of Jobs with Justice and co-director of Caring Across Generations as she kicked off last Friday’s launch of J-PAL North America’s Work of the Future Initiative .

Gupta opened the confercence with a powerful call to action for participants to shift the narrative around “the future of work.” The newest initiative from J-PAL North America, a research center […]

Axios Future

Axios Future

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Situational awareness: Sears is suing Eddie Lampert, its former CEO, and his hedge fund for allegedly siphoning off its assets, reports WSJ . Last year, we reported on accusations that Lampert cannibalized Sears .

Any stories we should be chasing? Hit reply to this email or message me at steve@axios.com . Kaveh Waddell is at kaveh@axios.com and Erica Pandey at erica@axios.com .Okay, let’s start with … 1 big thing: An AI frenzy Illustration: Sarah Grillo/Axios Amid a torrid geopolitical, commercial and scientific race around artificial intelligence, universities are adding professors, classes […]

Will technology really destroy jobs, or will it make working more fun?

Will technology really destroy jobs, or will it make working more fun?

According to the ONS, 1.5 million jobs are in danger of being in some way automated. But the ONS report does not tell the full story. The truth is, technology could have devastating economic consequences, or it could create the happiest workforce in history. Technology could destroy jobs, but it could put an end to tedium in the workplace. Roughly 200 years ago, the Luddites went around smashing up machines, so great was their fear that technology would destroy jobs; today we have academics and now esteemed compilers of statistics, such as the UK’s Office of National Statistics (ONS) […]

The Siren of Universal Basic Income

The Siren of Universal Basic Income

Word on the street is that Andrew Yang—a Democratic presidential hopeful—has a fat bag of cash that he’s willing to give out to all American citizens if he becomes president. Traveling with my staff, I told someone to secure the bag. — Andrew Yang (@AndrewYang) March 15, 2019 Although I have yet to see the bag, I trust Andrew Yang without reservation. The bag is secure and stuffed with paper. We can all look forward to getting a universal basic income (UBI) of $1,000 per month if he wins.

Scratch that— when he wins. Who doesn’t want $1,000 a month? […]

Technical change has probably meant loss of more unskilled jobs than globalisation

Technical change has probably meant loss of more unskilled jobs than globalisation

The long-term solution to loss of unskilled jobs is to ensure that those leaving education have the skills to work in a modern economy

Wherever manufacturing takes place, automation and computerisation have led to job losses among the least skilled, whose jobs are most easily automated In the week before Emmanuel Macron was elected president of France, he visited a factory near Lille which was closing, and, at the gates of the factory, he met the workers who were losing their jobs. Naturally many of them were angry, blaming globalisation for their pain.

Macron acknowledged that their factory was […]

For a Denla School vet, everything’s academic

For a Denla School vet, everything's academic

Former lecturer Temyos Pandejpong is helping his family manage the education empire that began in his own childhood home. Though he enjoyed his time in America, Mr Temyos says he has no regrets about coming back to Thailand to help his family run schools. Not many educators can say they spent their whole life devoted to education. Temyos Pandejpong grew up with education not only at the centre of his life, but as the entirety of his surroundings.

As a child he lived in the school his family ran, the Denla Kindergarten on Phetkasem Road. The youngest of three siblings, […]

Globalisation 4.0 and proliferation of AI: Are we ready for this?

Globalisation 4.0 and proliferation of AI: Are we ready for this?

In the last two centuries, globalisation has been interpreted as being about the things that we make and send across borders via air, land and sea.

As the numbers of buyers and suppliers rise, the network becomes more attractive to the new traders. By Soumyatanu Mukherjee

In the last two centuries, globalisation has been interpreted as being about the things that we make and send across borders via air, land and sea. Without reducing the importance of this usual notion of trade, future globalisation is also going to be concerned about the stuff that we do (services), not just the […]

10 jobs that won’t exist 20 years from now

10 jobs that won't exist 20 years from now

The truth is, no industry is 100% safeguarded against the influence of technology.

Some workers, such as dispatchers, are more at risk of seeing their jobs become computerised than others.

Occupations that tend to be more routine and repetitive will likely cease to exist in 20 years. Out with the old, in with the robots! These days, new technological advances happen all the time – and while some industries have flourished in the changing landscape, others have fallen prey to automation .Here’s the good news: automation isn’t necessarily synonymous with job loss . In fact, many […]

Understanding India’s labour pain

Understanding India’s labour pain

Title: Jobonomics Author: Goutam Das Publisher: Hachette India Price: Rs 599 The book, peppered with anecdotes, says that the jobs situation is more in the nature of an emerging crisis

Because the book begins with a line from Prime Minister Modi’s speech on employment, I thought it was essentially another Modi-basher, perhaps one that bemoaned how poorly the government fared in creating jobs. There are many such books floating around and I overcame the ‘oh, no, not one more’ feeling only because I had committed to sending in this review.

Just a few pages into the book I realised […]