Explore Booksellers suggests titles built around work and reading some classics

Explore Booksellers suggests titles built around work and reading some classics

Explore Booksellers staff picks Each week as part of SunLit — The Sun’s literature section — we feature staff recommendations from book stores across Colorado. This week, the staff from Explore Booksellers in Aspen recommends an examination of AI and two books about reading foundational and forbidden literature. A World Without Work

By Daniel Susskind
Picador
$18 May 2021 Purchase From the publisher : For all the general anxiety about computers taking people’s jobs, economists have long been optimistic about technology’s impact on employment. Historically, new inventions have always complemented human labor, helping rather than hurting […]

Editorial: Longshoremen strike underscores AI challenges faced by workers

“Human beings have dreams. Even dogs have dreams, but not you, you are just a machine. An imitation of life.” — from the 2004 film I, Robot

More money is always good, but it’s clear now that wages were never the most critical issue leading to the now-suspended three-day strike by the International Longshoremen’s Association. The ILA’s bigger concern is that automation being allowed at America’s ports will lead to most of the union members’ jobs becoming obsolete.

The ILA has agreed to a tentative pact on wages (a 62% increase over six years), which sent its 45,000 members back to […]

Tesla May Replace Employees with Optimus Humanoid Robots

Tesla May Replace Employees with Optimus Humanoid Robots

Elon Musk’s Tesla is on a mission to revolutionize transportation with electric vehicles. But the company’s ambitions stretch far beyond the road. Tesla’s Optimus, a humanoid robot unveiled at the company’s AI Day in 2021, has ignited a fervent debate about the future of work. The prospect of robots replacing humans in various industries is no longer a distant sci-fi fantasy but a looming reality. You might also like

Ola Electric IPO: Anchor Book Opens August 1, Public Offering Begins August 2

Optimus: A Humanoid Workforce Designed to handle tasks that are “dangerous, repetitive, or boring,” Optimus […]

Guest opinion: Technological progress and increasing income inequality

Guest opinion: Technological progress and increasing income inequality

Photo supplied

Vijay Mathur

Technological change in the U.S. is essential for capitalism and the market economy to thrive in the globally competitive economy. Many economists and non-economists, including politicians and businesses executives, believe that technical change and automation improve production efficiency, save labor cost, and increase productivity and profits. There is also an understanding that workers will participate in productivity and profit increases in the form of higher employment and wages. Therefore, the share of productivity increase for workers will grow in addition to the increase in shares of profits and compensation for business executives, thus decreasing income inequality. However, […]

The Hype around “Operational Efficiency”

The Hype around “Operational Efficiency”

Corporate earnings calls have shared a common theme of late: operational efficiency. According to Morgan Stanley analysts, mentions of efficiency have steadily increased since 2022 . This trend indicates a significant shift in how companies are strategizing for the future. Yet the efficiency focus is about more than just cost-cutting. Greater emphasis on efficiency also has to do with technological developments, and AI in particular. As understanding of AI’s potential grows, executives have begun to anticipate new ways of reducing labor costs (labor substitution) and speeding up and improving work processes (labor augmentation) to boost productivity. According to Morgan […]

Protectionists Are Wrong: Free Trade is the Path to Prosperity

Protectionists Are Wrong: Free Trade is the Path to Prosperity

Print Invited guests flank then-President Trump at the signing ceremony for the United States-Mexico-Canada Trade Agreement. 2020. Both major presidential candidates, Joe Biden and Donald Trump, have leaned towards protectionism, a stance recently echoed by Terry Schilling in The American Conservative . Unfortunately, this perspective misses the mark.

Protectionism is not the solution to revitalize American manufacturing or the economy. The real culprits are flawed internal policies — excessive government spending, high taxes, and stringent regulations — that stifle growth and innovation.

Politicians from both sides of the aisle often scapegoat countries like China and Mexico for the decline in US […]

Levy Yeyati: ‘AI creates tensions that can lead to outsider populism’

Levy Yeyati: ‘AI creates tensions that can lead to outsider populism’

The Argentine economist spoke to the Herald about his recent book on AI’s impact on politics, economy, and society

Eduardo Levy Yeyati Eduardo Levy Yeyati is an Argentine economist, academic, and writer. In his latest book, “Automatizados” (Automated), co-authored with economist Darío Judzik, he plunges into the debate surrounding the impact of AI on the economy, jobs, and politics, as well as people’s daily lives.

Levy Yeyati received the Herald at his home in Buenos Aires. With his cat roaming in the background, he answered questions about the book’s key ideas. This interview has been edited for length and clarity. […]

What you really mean when you claim to support “UBI for job automation”

What you really mean when you claim to support “UBI for job automation”

Author’s Note: Though I’m currently a governance researcher at Convergence Analysis , this post is unaffiliated with Convergence. The opinions expressed are solely my own.

You’ve seen it a dozen times at this point. You’re probably broadly aligned philosophically, but haven’t thought terribly deeply about the details. You generally support Andrew Yang’s $12k / year “ Freedom Dividend ” as “moving in the right direction”, even if it’s economically flawed .

The argument goes roughly like this: “All of our jobs are about to be automated away with AI technology and robotics! We’ll end up soon in a post-work society […]

Electronics in agriculture

Electronics in agriculture

Smart farming makes use of modern technologies. Source: Adobe Stock The incorporation of electronics has become a game-changer in the ever-evolving world of agriculture, causing a paradigm shift in long-established farming methods and accelerating long-term growth. A more resilient and sustainable future for global food production is within reach because of the marriage of electronics with agriculture, which includes innovations such as precision farming, the internet of things (IoT), biotechnology integration and advanced data analytics. This is more than just a trend; it’s a fundamental shift. This article explores how technology is changing the way we grow and harvest […]

Labour warns over job losses in wake of driverless cars

Labour warns over job losses in wake of driverless cars

Shadow transport secretary Louise Haigh said the mistakes of deindustrialisation cannot be made with the introduction of self-driving cars.

Last updated 7 hours ago Autonomous vehicle trials Job losses as a result of self-driving cars cannot be allowed to replicate the “ravages of deindustrialisation”, Labour have warned.

During the second reading of the Automated Vehicles Bill, Transport Secretary Mark Harper told the Commons it is part of the Government’s plans to make the UK “the natural home for the self-driving vehicle industry”.The Bill aims to set the legal framework for the safe deployment of self-driving vehicles.Shadow transport secretary Louise Haigh said […]