Unlocking the power of Artificial Intelligence in a skills-based economy

An opinion piece by Learning Vault CEO, Nicholas Robert Alderdice on AI and the future of work in a skills-based economy. Dynamic lifelong learning has become a necessity in a fast moving job market. Automation and AI will be both disruptors and creators of new roles, while entrepreneurship and innovation will thrive.” — Nicholas Robert Alderdice SYDNEY, NSW, AUSTRALIA, November 28, 2023 / EINPresswire.com / — The global workforce is currently on a transformative journey toward a skills-based economy, representing a monumental shift in how people learn and work. As traditional employment models and hierarchical structures become less and […]

The Impact of Artificial Intelligence on Job Market

The Impact of Artificial Intelligence on Job Market

Artificial Intelligence (AI) continues to revolutionize various industries, including the job market. As technology advances at an unprecedented pace, it becomes increasingly important to understand the impact of AI on employment opportunities. While some experts argue that AI will replace significant numbers of jobs, others believe it will create new ones. In this article, we will explore the profound effects of AI on the job market and highlight the need for human adaptability in this changing landscape.

AI, broadly defined as the development of computer systems capable of performing tasks that typically require human intelligence, has already made its mark […]

How can a data-driven network model be used to study occupational mobility and automation?

How can a data-driven network model be used to study occupational mobility and automation?

A data-driven network model can be used to study occupational mobility and automation by analyzing how workers transition into new jobs in response to automation scenarios. The model takes into account the network structure of occupational mobility and its impact on unemployment levels [1] [2] [3] . At a macro level, the model reproduces the Beveridge curve, a key stylized fact in the labor market, providing insights into its counter-clockwise cyclicality [4] [5] . At a micro level, the model provides occupation-specific estimates of changes in short and long-term unemployment corresponding to automation shocks . The network structure plays […]

The Dawn of Universal Income: Embracing a Future Beyond Traditional Work

The Dawn of Universal Income: Embracing a Future Beyond Traditional Work

The Dawn of Universal Income: Embracing a Future Beyond Traditional Work

</> Gabe Araujo, M.Sc.

· Follow 5 min read·Just now– Photo by Touann Gatouillat Vergos on Unsplash In a moment where work as we know it may end, the concept of Universal Basic Income isn’t just a policy option; it’s a societal lifeline.I’ll be honest; the prospect of a future without traditional work initially filled me with trepidation. For generations, we’ve been conditioned to believe that work defines us, gives us purpose, and sustains our livelihoods. But as I gaze into the uncertain abyss of tomorrow’s job […]

Which jobs are safe from AI?

Which jobs are safe from AI?

Which jobs are safe from AI?

In an era of rapid technological advancements, the rise of artificial intelligence (AI) has sparked concerns about the future of employment. As AI continues to evolve and automate various tasks, many workers fear that their jobs may become obsolete. However, not all professions are at risk of being replaced AI. Let’s explore which jobs are likely to remain safe from the AI revolution.

Jobs requiring high-level creativity and critical thinking Professions that heavily rely on creativity and critical thinking are less likely to be automated. Jobs such as artists, writers, musicians, and […]

What jobs are AI proof?

What jobs are AI proof?

What jobs are AI proof?

In an era of rapid technological advancements, the rise of artificial intelligence (AI) has sparked concerns about the future of employment. As AI continues to evolve and automate various tasks, many workers fear that their jobs may become obsolete. However, there are certain professions that are considered AI proof, at least for the foreseeable future.

What is artificial intelligence? Artificial intelligence refers to the simulation of human intelligence in machines that are programmed to think and learn like humans. AI systems can perform tasks that typically require human intelligence, such as speech recognition, […]

How does drone fast food delivery work? Are any companies doing it?

How does drone fast food delivery work? Are any companies doing it?

MAXIM SHEMETOVREUTERS Since the pandemic, the demand for food delivery has exploded. In light of this surge, apps like Uber Eats, Postmates, Grubhub, and a slew of others have come under scrutiny for their extremely exploitative labor practices . Many of these companies, as well as fast food corporations, have announced plans to use drone technology to carry out delivery. Drones would allow them to cut down on labor costs, highlighting the precarious nature of many jobs in the ‘gig economy’ that can be eliminated once the technology exists to do so .

For now, the technological advancements needed to […]

Three-Day Work Possible With AI, Bill Gates Says; ‘That’s Probably OK’

Three-Day Work Possible With AI, Bill Gates Says; 'That's Probably OK'

Bill Gates | Instagram During a recent talk on Trevor Noah’s "What Now?" podcast, the former CEO and Co-founder of Microsoft, Bill Gates shared his perspectives regarding the potential impact of artificial intelligence (AI) on our job landscape.

When Noah asked Gates about the potential threat of artificial intelligence to employment, Gates said, "maybe there could be a time in the future when humans "don’t have to work so hard."

"If you eventually get a society where you only have to work three days a week, that’s probably OK," said Gates.There can exist a world where, he added, "The machines can […]

Artificial intelligence from the perspective of workers and CEOs

Artificial intelligence from the perspective of workers and CEOs

Artificial intelligence from the perspective of workers and CEOs

maria clara s. scheffel

· Follow 5 min read·2 hours ago–We’ve all had that moment when we wanted to watch a movie but didn’t know what to choose. The right choice is crucial because it ensures viewership, guaranteeing that we’ll continue paying for our Netflix subscription, which generates recurring financial income for the platform. For us, it ensures entertainment. However, good recommendations are only possible because Artificial Intelligence tracks our behavior on the video platform.This is why streaming services like Netflix use Artificial Intelligence to make recommendations. On Wikipedia, […]

Welding and the Automation Frontier

Welding and the Automation Frontier

The big question about Artificial Intelligence, other than whether it will destroy human civilization , is the effect it will have on employment. Large language models already seem poised to automate large fractions of the work in certain industries , and the technology is only getting more capable.

There are, broadly, two schools of thought about this issue, what we might call the optimists and the pessimists. The optimists note that we’ve been automating work for hundreds of years, and it has yet to result in sustained, large-scale unemployment. Certain jobs, like telephone switchboard operators or dockworkers , get automated […]