China really is to blame for millions of lost U.S. manufacturing jobs, new study finds

China really is to blame for millions of lost U.S. manufacturing jobs, new study finds

Robots are not to blame for the loss of millions of U.S. manufacturing jobs. Millions of Americans who lost manufacturing jobs during the 2000s have long ”known” China was to blame, not robots. Evidently many academics who’ve studied the issue are finally drawing the same conclusion.

For years economists have viewed the increased role of automation in the computer age as the culprit for some 6 million lost jobs from 1999 to 2010 — one-third of all U.S. manufacturing employment. Firms adopted new technologies to boost production, the thinking goes, and put workers out of the job in the process. […]

The Conventional Wisdom on Trade is Wrong Again

The Conventional Wisdom on Trade is Wrong Again

For years, the purveyors of respectable opinion assured us that there was no need to worry about the economic dislocations caused by free trade, because such dislocations would be comparatively minor and temporary. In fact, as Gwynn Guilford notes in an important new article at Quartz , even academic economists are beginning to conclude that imports from China cost up to 2.4 million American manufacturing jobs between 1999 and 2011 and that "offsetting employment gains in other industries never materialized."

Now that they are faced with clear evidence of substantial and long-lasting job losses in the manufacturing sector, the same […]

Job losses from automation or trade pacts? Will we learn from this?

A simple request: please don’t turn this into something it is not by making this about supporting our fake pResident.

The Epic Mistake about Manufacturing that’s Cost Americans Millions of Jobs

America’s manufacturing sector is in far worse shape than the media, politicians, and even most academics realize. Manufacturers’ embrace of automation was supposedly a good thing. Sure, some factory workers lost their jobs. But increased productivity boosted living standards, and as manufacturing work vanished, new jobs in construction and other services took its place. This was more of a shift than a loss, explained Bradford DeLong, economics […]

The epic mistake about manufacturing that’s cost Americans millions of jobs

The epic mistake about manufacturing that’s cost Americans millions of jobs

Looking back, there were two kinds of people who lived in America in 2016: people who believed Donald Trump, and people who believed data.

Trump claimed on the campaign trail that globalization had destroyed US manufacturing —and in the process, the American economy—by letting China and other countries steal American factory jobs. From the turnout at Trump’s rallies and the “Make America Great Again” stickers slapped on bumpers across America, it was clear the message was resonating.

The data camp didn’t get it. Yes, the US had hemorrhaged manufacturing jobs, losing close to 5 million of them since 2000. Trade may […]

The Guardian view on a job guarantee: a policy whose time has come

The Guardian view on a job guarantee: a policy whose time has come

Victor Hugo once remarked: “You can resist an invading army; you cannot resist an idea whose time has come.” Today, in the United States, a job guarantee seems just such an idea. Progressives of all shades – from Cory Booker to Bernie Sanders – have embraced policies that to varying degrees say the state should seek to do away with involuntary unemployment. This is a welcome return to a politics of work, which has been missing for too long from advanced economies. It is also heartening that polls suggest the job guarantee is popular , with half of voters […]

Why you should hate your job

Why you should hate your job

How the reality of employment is one of perpetual disappointment and the case against the work ethic Do you like your job? Maybe you do, but I think you should reevaluate. At the very least, I think you should be uncomfortable with the fact that you live in a system that compels you to have a job, particularly if that job is neither necessary for your own well-being nor the well-being of others. Thanks to advances in robotics and AI, we may be close to building a society in which work, as we currently know it, is no longer […]

Law Firm Asks AI Engine To Draft Answers: ‘Upon Information And Belief… ERROR 404’

Law Firm Asks AI Engine To Draft Answers: ‘Upon Information And Belief… ERROR 404’

If there’s any task in litigation ripe for artificial intelligence to swoop in and take over, it’s the process of answering a complaint. Frankly, drafting an answer is the closest legal work comes to coding — carefully crafting a string of words to guarantee that it’s impossible to “run” any paragraph of the complaint to allow an admission of anything that isn’t absolutely, inarguably true.

It’s also just boring.

That’s where LegalMation’s solution comes in. Another in the arsenal of solutions out there working with IBM’s Watson technology, LegalMation allows the user to drag and drop the PDF of a complaint […]

AI might take your job – but it could save your career

AI might take your job – but it could save your career

Andrew Dunckelman leads the Google.org Work Initiative. Joe Greenwood is lead executive for data at MaRS Discovery District.

As the end of the academic year approaches, thousands of graduates are about to enter a strong job market. According to the Royal Bank of Canada, Canada’s economy is on target to add 2.4 million jobs over the next four years. But do our graduates have the skills they need to land these jobs?

On paper, they are better prepared for work than their parents, with more holding advanced degrees. But the kinds of jobs available, and the very nature of work, […]

Automation and jobs

@BBGVisualData Search for Automation Technician jobs at Monster. Advances in automation and robotics are putting a lot of jobs at risk. @BBGVisualData Apply to 20633 Automation Jobs on Naukri. The study, compiled by the McKinsey Global Institute, says that advances in AI and robotics will have a drastic effect on everyday working lives, comparable to the shift away from agricultural Jobs and Careers at the Automation Personnel Services, Inc. The study, compiled by the McKinsey Global Institute, says that advances in AI and robotics will have a drastic effect on everyday working lives, comparable to the shift away from […]

Bookkeeping, accounting and auditing clerks have the highest risk of automation

Bookkeeping, accounting and auditing clerks have the highest risk of automation

production line in modern dairy factory With 35 percent of all jobs in South Africa (almost 5.7 million jobs) currently at risk of total digital automation within a mere 7 years, the country could see a crippling effect compounded by a fragile economy and growing unemployment.

Bookkeeping, accounting and auditing clerks have the highest risk of automation. It’s not just manual labour jobs.

Dr Roze Phillips, Post Graduate Diploma in Futures Studies alumnus from the University of Stellenbosch Business School (USB) and Managing Director for Accenture Consulting in Africa says that the country needs to act now to ensure that humans […]