Tag: employment

Bill de Blasio’s Proposed ‘Robot Tax’ Is Completely Unnecessary, Just Like His Candidacy

Bill de Blasio's Proposed 'Robot Tax' Is Completely Unnecessary, Just Like His Candidacy

New York Mayor Bill de Blasio’s latest attempt to jump-start his inert presidential campaign includes a call for a new federal tax on robots. This unnecessary burden on businesses would expand the federal bureaucracy and fund boondoggle projects, and it is based on a faulty understanding of the relationship between jobs and automation.

In an column published last week by Wired , de Blasio outlines how his "robot tax" (his words) would work. Businesses that "eliminate jobs through increased automation" would be required to pay five years of payroll taxes, up front, for every employee replaced by a robot, de […]

Will 2020 be a breakout year for scaling intelligent automation?

Will 2020 be a breakout year for scaling intelligent automation?

A new study suggests that the scaling of intelligent automation may be coming of age, so is RPA finally becoming mainstream? According to a study from Deloitte, 2019 saw a doubling in the number of companies applying intelligent automation — that’s technologies such as robotics process automation, natural language processing and AI — although there is a big overlap with these technologies. (How can you separate AI and natural language processing, how can you process language without AI?). The report also found that executives expect intelligent automation to increase workforce capacity by 30%. Delve deeper into the report, and […]

Robots dominating job market is not inevitable: Oxford economist Carl Frey

Robots dominating job market is not inevitable: Oxford economist Carl Frey

The economic historian believes technology is neither the solution to everything nor a dystopian nightmare

A research published six years ago by two Oxford academics, Carl Benedikt Frey and Michael Osborne, seemed to reinforce this ominous prediction about the global economy: Robots are going to take over our jobs. For, it warned that “about 47% of total US employment is at risk” due to computerisation. Carl, this year, expanded the ideas of the research in a book, which is portentously titled, The Technology Trap: Capital, Labor, and Power in the Age of Automation .

Contrary to what it seems, […]

The Future Of Work Is Here, What Is Your HR Organization Working On?

The Future Of Work Is Here, What Is Your HR Organization Working On?

Orange butterflies (Argynnis paphia) drinking nectar on a green floral backgroung Getty The emerging contours of the new world of work in the Fourth Industrial Revolution are rapidly becoming reality for millions of workers and companies around the globe. The inherent opportunities for economic prosperity, societal progress and individual flourishing in this new world of work are enormous. To realize them depends crucially on all concerned stakeholders’ ability to instigate reform in skill development systems, labor market policies, employment arrangements and existing social contracts. Catalyzing positive outcomes and a future of good work for all will require bold leadership […]

DB Original /World’s most popular teacher Prof. Yuval Noah Harari said: Technology will hack humans, jobs will not last even for 5 years

DB Original /World’s most popular teacher Prof. Yuval Noah Harari said: Technology will hack humans, jobs will not last even for 5 years

Professor Yuval Noa Harari of Israel’s Hebrew University shows the world a picture of the future

He was interview by Facebook CEO Mark Zuckerberg, former IMF chief Christine Lagarde

Dainik Bhaskar also spoke to him on technology, machines, and the future Professor Yuval Noah Harari at the Hebrew University of Israel is a teacher interviewed by Facebook CEO Mark Zuckerberg, former IMF chief Christine Lagarde and noted actress Natalie Portman.Born in 1976, Harari has sold 20 million copies of his books such as Sapiens, Homo Deus and 21 Lessons for 21 Century. Dainik Bhaskar spoke to him on technology, […]

Artificial intelligence will hog all the best menial tasks

When people talk about the effects of automation and artificial intelligence on the economy, they often fixate on the quantity of human workers. Will robots take our jobs? Others focus instead on threats to the quality of employment—the replacement of middle-class occupations with lower-skill, lower-wage ones; the steady elimination of human discretion as algorithms order around warehouse pickers, ride-hailing drivers, and other workers.

What’s less understood is that artificial intelligence will transform higher-skill positions, too—in ways that demand more human judgment rather than less. And that could be a problem. As AI gets better at performing the routine tasks traditionally […]

10 Artificial Intelligence Pros And Cons You Didn’t Know About

10 Artificial Intelligence Pros And Cons You Didn’t Know About

The use of Artificial Intelligence, one of the most longstanding buzz words, is now on the rise. Modern-day industrial infrastructure seems to be pretty much equipped by this hype-turned- reality. However, have you ever dug deep within the spectrum of AI to find out what it all has in store for all?

Backed by the technology of Machine Learning, AI has penetrated deep within business operations . This is one of the rapidly growing and trendsetting technologies in the business industry today. According to research , global revenue earned from AI software is expected to reach $118.6 billion by […]

Mayor de Blasio Calls for a Tax on Economic Growth and Progress

Mayor de Blasio Calls for a Tax on Economic Growth and Progress

New York City Mayor Bill de Blasio is the latest to call for a tax on robots. One may as well call for a tax on economic growth and progress.

Under de Blasio’s proposed tax, companies that do not provide “adequate replacement employment” would be required to make an upfront payment of five years payroll taxes for every job eliminated. If the goal is to “protect jobs” this is a counterproductive way to go about it. If you make it harder to fire, you also make it less likely that anyone will hire. Few want to take on an obligation […]

Will humanoid robots really steal our jobs?

Will humanoid robots really steal our jobs?

Democratic presidential candidate Andrew Yang is sounding the alarm: The robots are coming for your job.

"Technology is now automating away millions of American jobs. It’s why Donald Trump is our president today," Yang said at the first Democratic primary debate in June. "We automated away 4 million manufacturing jobs in Michigan, Ohio, Pennsylvania, and Wisconsin. And we’re about to do the same thing to millions of retail jobs, call center jobs, fast food jobs, truck driving jobs." Scary words. But to others, robots represent something else — freedom from drudgery. In Japan, robots aren’t scary. In fact, interacting with […]

Gen Z Know Automation Will Take Their Jobs

Gen Z Know Automation Will Take Their Jobs

Photo by Boxed Water Is Better on Unsplash Gen Z have their eyes on the prize, a world working with AI.

Gen Z, the generation that comes after Millennials, are graduating college and entering the workforce.

Growing up as digital natives, they know machine intelligence will scale in their generation as workers in the labor force. Those headlines about “robots” coming for our jobs? Well, Gen Z have an inkling. They are actually going to live it.The eldest of Gen Z are only about 24 now, in 2019 and the majority of them are still students. Gen Z is right […]