Tag: consumer

Economic Possibilities for Ourselves

Economic Possibilities for Ourselves

21 November 2019, Hamburg: A robot interacts with a woman at “Speed Dating with AI – Meet the Robots at AI Days” at the Hammerbrooklyn Digital Campus. On 22 and 23 November, a selection of highly developed robots from various fields will be shown, giving an insight into the current possibilities of artificial intelligence. Photo: Axel Heimken/dpa (Photo by Axel Heimken/picture alliance via Getty Images)

The most depressing feature of the current explosion in robot-apocalypse literature is that it rarely transcends the world of work. Almost every day, news articles appear detailing some new round of layoffs. In the […]

The 4 biggest challenges to our higher education model – and what to do about them

The 4 biggest challenges to our higher education model – and what to do about them

Education models need to reflect the demand for lifelong learning to cope with the technological and social changes brought by the Fourth Industrial Revolution.

Skills not degrees may be the reality of the future.

Start-ups and new business models are disrupting traditional educational institutions and operating models. In a future of unprecedented societal shifts, education is crucial to managing the challenges ahead. With more automated, digitized and fluid job markets, today’s higher education systems are quickly becoming incompatible with the future we are looking towards. We are two decades into the 21st century, yet higher education is generally still […]

Minimum ‘human quotas‘ needed to protect jobs from robots

The rise of the robots may force ministers to introduce human worker quotas, leading legal experts warn

Greater protections are needed to stop robots stealing your job, according to a renowned organisation of international lawyers.

Legal experts are concerned that the pace of developments in artificial intelligence are outstripping the ability of global governments to make laws to deal with the consequences.And they are worried that this is leading to is gap between current legislation and new laws – including ‘human job quotas‘ – that they feel are necessary to protect people from being replaced by machines.Scroll down for videoThe International […]

Tech world debate on robots and jobs heats up

Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations

Are robots coming for your job?

Although technology has long affected the labor force, recent advances in and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or “knowledge-based” .Just a few examples: self-driving technology may eliminate the need for taxi, Uber and truck drivers, algorithms are playing a growing role in journalism, robots are informing consumers as mall greeters, and medicine is adapting robotic surgery and artificial intelligence to detect cancer and heart conditions.Of 700 occupations in […]

Trumping commerce

Free trade and globalisation had a bad 2016, but it looks like 2017 could be even worse.

For decades there has been a consensus that globalisation brought more jobs, higher wages and lower prices – not just for richer countries but also for developing and poorer nations.

But there is now a growing movement of anger as people see jobs being taken by machines, old industries disappearing and waves of migration disturbing the established order.Global trade flows are falling and trade deals are being ripped up.The new US President Donald Trump has threatened to impose tariffs of up to 45% on […]

Chatbots spotlight machine learning’s trillion-dollar potential

Chatbots spotlight machine learning’s trillion-dollar potential

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, […]

Smart tractor comes to SA, buzzwords in tow

Smart tractor comes to SA, buzzwords in tow

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 […]

What Is The Future Of Work In The Tradable Sector?

What Is The Future Of Work In The Tradable Sector?

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 […]

Automating A Job Reddit

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 […]

Letters to the Editor: Saving jobs in the digital world

Letters to the Editor: Saving jobs in the digital world

Beaven Dhliwayo

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 […]