The global industry potential of artificial intelligence is well-documented, yet the vision of this AI future is uncertain.
AI and automation trends are generating significant debate among economists and governments, particularly around employment impact and uncertain social outcomes. The mainstream attention is warranted. According to PwC, AI “could contribute up to $15.7 trillion to the global economy in 2030 , more than the current output of China and India combined.”
AI is at a crossroads, and its long-term outlook is still hotly debated. Despite social media giants, automotive companies and numerous other industries investing hundreds of billions of dollars in AI, […]
In 2020, it says, it will launch the new 8RX tractor in South Africa. It is claimed to integrate “artificial intelligence, the Internet of things, and advanced automation to help farmers work more efficiently while also gathering data to make more informed decisions and increase future machine intelligence”
That is almost a jackpot of 4th industrial revolution buzzwords. So what lies behind this exuberance?
“We are very excited about the impact that the new 8RX tractor will have on improved yields in Africa,” says Freddie Rupping, Production System Specialist, Tractor Marketing, John Deere Sub-Saharan Africa.Yields are the key, and that promise […]
Last week we held a screening of the film American Factory at the Harvard Business School (HBS), attended by film director Steven Bognar and representatives of the production company, Participant Media . The event was part of the school’s Documentary Series, and it was an opportunity to discuss views on the future of work, especially manufacturing work in the heartland of America. NPR says we should all watch it , and now that I have seen it several times, I couldn’t agree more.
The film documents the establishment of a new automotive window glass manufacturing facility by the Chinese company […]
Radio Free Europe/Radio Liberty published this data story about the price of Russian oil across Europe. The uncertain situation is additionally stressful because it’s hard to separate facts about the future of automation’s impact from (science. AI and automation are certain to have a big impact on today’s employment landscape. These are the top 10 best and worst jobs for the future. The more a job can be broken down into a series of routine tasks, the more likely it can be replaced. Gunbot allows you to easily automate professional crypto trading strategies. , where she fed paper into […]
It is becoming more apparent that today’s jobs will be replaced by machines.
Many people are wondering if robots can do their jobs at a time the world economy is already facing major employment crisis.In the recent past, the discussion about technology in the future of work has tended to centre on the issues of job creation and destruction and the need for reskilling.Technology is fast evolving, at the same time connecting the digital world with the physical one, resulting in new innovations such as artificial intelligence and self-driving cars.Zimbabwe should not be left behind and should equip […]
The future of our jobs/careers is uncertain and nebulous. No one can see into the future and predict with any accuracy and certainty what is going to happen in the workplace, and how much robotics, artificial intelligence, 3D printing, and any other enhanced technologies that might develop, will alter it. We are all hoping it does so for the better and not for the worse!
PricewaterhouseCoopers (PwC) developed a concept of four coloured worlds – red, yellow, blue and green – in close association with the James Martin Institute for Science and Civilisation at the Said Business School in Oxford. […]
More workers are delaying (or coming out of) retirement, having a second career, or simply working later into life. Like Michael Jordan. (Photo by Ezra Shaw/Getty Images) At the beginning of the 20th century, life expectancy was under 50 years. Today it’s 78 years. And people are routinely living far past that.
Though the CDC has found that life expectancy has been declining slightly since 2014 — largely driven by drug overdose and suicide — some studies estimate that a large number of children born today may live to 100.
The U.S. isn’t ready for this type of longevity.According to Ken […]
Bank of America Merrill Lynch says inequality will peak amid the rise of "moral capitalism". The 2020s are set to be a decade of dramatic economic and social upheaval, reversing many of the trends of the past 40 years, according to one of the world’s largest banks. Bank of America Merrill Lynch says the era of globalisation from 1981-2016 has ended and is reversing
The bank’s analysts expect inflation and interest rates to increase from their current 5,000-year lows
The bank is expecting wealth inequality to fall next decade as voters demand redistribution and taxes rise In what it […]
Careers Image: © taniasv/Stock.adobe.com Though we have the tools and technology to work less and live better, we have yet to reach this vision for society. Toby Phillips explains why.
In 1930, a year into the Great Depression, John Maynard Keynes sat down to write about the economic possibilities for his grandchildren. Despite widespread gloom as the global economic order fell to its knees, the British economist remained upbeat, saying that the “prevailing world depression … blind[s] us to what is going on under the surface”.
In this essay , Keynes predicted that in 100 years’ time (ie 2030), society would […]
The robots are coming—and according to some experts, they’re here to take our jobs. Artificial intelligence and automation have made our world an increasingly futuristic wonder to behold. However, some “experts” still apparently worry such a future is a dystopian one—where robots, AI and automation will slowly phase out Americans workers, costing tens of millions of jobs in the decade ahead.
It’s not hard to see why these warnings are taken seriously. After all, Amazon is on the verge of opening up “cashierless” stores—grocery stores where customers are free to waltz in, grab their products, and walk out without ever […]