How will automation affect jobs, skills, and wages?

How will automation affect jobs, skills, and wages?

As the nature of work changes with automation, millions of people may need to switch occupations and acquire new skills.

Automation will displace many jobs over the next ten to 15 years, but many others will be created and even more will change. Jobs of the future will use different skills and may have higher educational requirements. In this episode, we ask experts how we can retrain workers for the new world of work and what the shifts might mean for occupations and wages.

Peter Gumbel: Welcome to our latest podcast in the series on the new world of […]

Will artificial intelligence turn us all into ‘trust-fund rats’?

Recently some scientists ran an interesting test. They offered two communities of rats two different economies, as it were. One group had to forage for food. The other group had it already — piles of it — whenever they wanted. Then they ran a blood test and measured their stress hormones. The results were counterintuitive. The foraging group had normal stress levels but the fat-cat rats, who didn’t have to work, were all stressed out. Perhaps winning something is less stressful than trying to hold onto it.

This gives rise to behaviorist speculation. We have other tests to show that […]

Automation and jobs

The demand for rote-labor workers had diminished Mar 29, 2016 · By 2025, it is estimated that automation will displace 22. Search for Automation jobs at Monster. Controls Engineer, Automation Engineer, Programmer and more! Mar 25, 2017 · In the recent presidential election, automation and robotics got a slight reprieve from the accusations that it has been the key driver in job losses in Workers in Mansfield, Sunderland and Wakefield are at the highest risk of having their jobs taken by machines, according to a report warning that automation stands to The IT-BPO industry employs 3. Although manufacturing jobs […]

Hrdy: A Response to ‘Innovation Kills Jobs’

Last week I posted a discussion of Prof. Hrdy’s intriguing new article on Technological Un/employment. Prof. Hrdy has now provided a short response that basically explains how I took a portion of her article (automation killing jobs) while ignoring other aspects of the 79-page article (e.g., many positive benefits of innovation, including job creation). – DC

by Prof. Camilla Hrdy

I am so honored that you found my article worth a post on Patently-O. In the nature of academic discussion and in good fun, I would like to briefly respond. (And please do feel free to post this).First, I really […]

Watch: Tucker Carlson Examines the Male Wage Crisis in ‘Men in America’ Segment — ‘Washington Is Not Worried at All About This’

Watch: Tucker Carlson Examines the Male Wage Crisis in ‘Men in America’ Segment — ‘Washington Is Not Worried at All About This’

Wednesday on Fox News Channel’s “Tucker Carlson Tonight,” host Tucker Carlson warned of the effects of deepening male unemployment on American society, which he argued has been ignored by policymakers in Washington, D.C.

According to Carlson, while much focus has been given to the gender-pay gap, the unintended consequences, like the impact it has on the American family structure, aren’t realized nor addressed.

Transcript as follows: Well, they’re invisible in Washington. Uncounted by the official unemployment numbers you hear on television, and yet they’re everywhere – Americans who have dropped out of the workforce, workers who don’t work. An ever-increasing […]

Impact of robots on employment

Архивы:

In particular, I study the impact of these emerging technologies on the workforce and the provision of health benefits, pensions, and social insurance. by Gary Robbins, The San Diego Union-Tribune / December 28, 2016. Gunda Niehaus. The Truth About Robotics: Impact of Robotics on Employment impacting employment, safety, defines an industrial robot as an automatically controlled, The impact on jobs Automation and anxiety. Economists Daron Acemoglu and Pascual Restrepo studied the US labor market between 1990 and 2007, looking at employment Results. The term "Luddite fallacy" was coined to describe the thinking that innovation would have lasting […]

Automation vs. jobs and human contact

Automation vs. jobs and human contact

Igor Faletski is CEO of Mobify, a Vancouver company working on mobile technology. In the future of retail, it is likely that bricks-and-mortar stores and online commerce will merge into a seamless and convenient entity, says Vancouver tech entrepreneur Igor Faletski.

As CEO of the Vancouver-based online-commerce platform Mobify, Faletski has had a front-row view of the trend toward using technology to create a “frictionless transaction” that maximizes convenience for consumers while minimizing the amount of time they spend waiting in line.

“The days of a retail store as a place where you have inventory, you sell it and take money […]

AI-Based Systems Are Becoming As Smart As, If Not Smarter Than Us

AI-Based Systems Are Becoming As Smart As, If Not Smarter Than Us

After outlining the impact of artificial intelligence (AI) and automation on jobs, work processes and tasks, a recent report from British accounting firm PricewaterhouseCoopers (PwC) predicted that the most affected employment segment by automation over the next 5 to 8 years will be administrative and white collar office jobs.

Yet a new study has shown that AI can already work faster than lawyers on certain non-core legal tasks such as reviewing legal contracts. In the study, the Tel Aviv-based AI startup LawGeex put 20 top corporate lawyers – who had decades of experience in reviewing non-disclosure agreements (NDAs) and whose […]

Rotterdam water service line breaks, disrupts service

Rotterdam water service line breaks, disrupts service

Photographer: Shutterstock Where did all the jobs go? Well, we’re finally starting to find some satisfactory answers to the granddaddy of all economic questions.

The share of Americans with jobs dropped 4.5 percentage points from 1999 to 2016 – amounting to about 6.8 million fewer workers in 2016.

Between 50 and 70 percent of that decline probably was due to an aging population. Explaining the remainder has been the inspiration for much of the economic research published after the Great Recession.Economists and politicians have pointed at immigration, China, video games, robots, opioids, universities, working spouses – everything up to and including […]

Fewer Americans are working. Don’t blame immigrants or food stamps.

Fewer Americans are working. Don’t blame immigrants or food stamps.

Prisoners wait for breakfast at California Men’s Colony prison in San Luis Obispo, Calif., in 2013. Rising incarceration rates are one of a handful of factors that help to account for the United States’ missing jobs. (Andrew Burton/Getty Images) Where did all the jobs go? Well, we’re finally starting to find some satisfactory answers to the granddaddy of all economic questions.

The share of Americans with jobs dropped 4.5 percentage points from 1999 to 2016 — amounting to about 6.8 million fewer workers in 2016.

Between 50 and 70 percent of that decline probably was due to an aging population. Explaining […]