Tag: employment

The US cities where robots are impacting jobs the most

The US cities where robots are impacting jobs the most

The use of robots in U.S. workplaces has more than doubled since the Great Recession, but the impact has hit certain areas of the country — and segments of workers — more than others.

A recent report from The Century Foundation found Midwestern states such as Michigan, Ohio, Indiana, Illinois and Wisconsin saw the sharpest growth in robots being used in the workplace from 2009 to 2017, and these areas now have the highest levels of "robot intensity" in the country.

Robot intensity refers to the number of industrial robots per 1,000 human workers. The higher the number, the more robots […]

We would rather lose our jobs to robots than humans, a study shows

We would rather lose our jobs to robots than humans, a study shows

Losing your job to a human stings more than getting replaced by a robot, research found. The question has a surprising psychological factor for workers now and in the future.

Losing a job can be stressful and demoralizing. Seeing your role replaced by automation is an additional stressor that more workers will have to contend with and worry about in the future.

Robots are already replacing people in some jobs. Apps take orders in chain restaurants, and some supermarkets use self-checkout machines to replace checkers. This is the new reality. The Brookings Institution predicts that 36 million Americans face a “high […]

Robots more likely to replace US workers in these 10 areas

Robots more likely to replace US workers in these 10 areas

IBM AI expert on robots taking over jobs The labor market may be humming right now, but there may be a dark cloud looming ahead.

Over the course of the next decade, up to 800 million jobs globally could disappear due to advances in artificial intelligence and robotics, according to research from the McKinsey Global Institute, a top consulting firm. An estimated one-third of the 2030 workforce in the U.S. may need to learn new skills and find work in new occupations.

The changes won’t hit the country equally. It will vary for groups of workers — manufacturing industries have been […]

Interview: Shaping the future

Interview: Shaping the future

Futurist Ray Hammond talks to Stephen Hyams about revolutions in healthcare, the future of work and cryptocurrencies Ray Hammond “By the mid-2030s robots will be so ubiquitous, powerful and capable that a lot of human endeavour will not be needed”

Ray Hammond has a long record of accurate foresight about the future, such as identifying the coming importance of the internet shortly after its launch.

How did he become a ‘futurist’?“It happened by accident,” he says. “After finishing with journalism, I wanted to become a writer. During a small book tour in San Diego, I met the well-respected futurist Alvin Toffler. […]

Supply Chain Talent: A Thousand Ways to Do What You’re Told

Supply Chain Talent: A Thousand Ways to Do What You’re Told Supply Chain Talent: A Thousand Ways to Do What You’re Told Global Supply Chains Trust in a “Stabilized” Economy What is your worth as a Supply Chain Professional? IMO 2020 is Coming to Town Part 2: Will spiking cost of fuel cause you pain? More News Life Maps and Supply Planning Maps – What They Have in Common: Success This white paper is an entertaining, quick read about Paul McGuire’s experiences in turning around supply planning processes.
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We are on the cusp of major challenges […]

View from India: New chips on the block

Internet of Things (IoT), artificial intelligence (AI) and new chips are opening out previously unexplored avenues.

Vertical-specific AI and deep learning chips are doing the rounds for facial- and speech-voice recognition. AI is being used to understand multitude gesture exchanges. Market drivers for AI, deep learning, machine learning and IoT include computer vision and neural computing, high bandwidth demands, image and video computing, and the broader move towards wider, increased digitisation.

AI has been making inroads into such diverse professions as healthcare, retail, education and automobile. Income tax is a relatively new vertical to tap AI solutions. The direct tax panel […]

Population Boom Masks Lingering Productivity Concerns in Canada

Population Boom Masks Lingering Productivity Concerns in Canada

(Bloomberg) — Canada’s immigration-driven population boom gets credit for driving employment gains, bolstering housing markets and keeping the nation’s expansion running.

But it’s also masking a deeper economic problem that will hamper the nation’s long-term growth: sluggish productivity gains.

Over the past two years Canada’s productivity hasn’t grown at all. And while the latest data due this week is poised to show a pick-up, it’s likely not sustainable, according to Bank of Montreal Chief Economist Doug Porter.“When you look at Canada’s overall growth rate it’s basically just keeping pace with population growth and not much else,” Porter said, citing meager business […]

Population Boom Masks Lingering Productivity Concerns in Canada

(Bloomberg) — Canada’s immigration-driven population boom gets credit for driving employment gains, bolstering housing markets and keeping the nation’s expansion running.

But it’s also masking a deeper economic problem that will hamper the nation’s long-term growth: sluggish productivity gains.

Over the past two years Canada’s productivity hasn’t grown at all. And while the latest data due this week is poised to show a pick-up, it’s likely not sustainable, according to Bank of Montreal Chief Economist Doug Porter.“When you look at Canada’s overall growth rate it’s basically just keeping pace with population growth and not much else,” Porter said, citing meager business […]

Growth of value chains will be hurt by trade war: World Bank’s Aaditya Mattoo

Growth of value chains will be hurt by trade war: World Bank’s Aaditya Mattoo

Aaditya Mattoo, World Bank’s Chief Economist for East Asia and Pacific region. NEW DELHI : Aaditya Mattoo is the co-author of a World Bank Development Report (WDR) 2020 on global value chains (GVCs) and its role in powering a surge of international trade after 1990. In India on a short visit, Mattoo, the World Bank’s Chief Economist for East Asia and Pacific region, spoke of the impact of the US-China trade war on GVCs, the lessons India could learn from countries like Bangladesh and Vietnam and why automation and artificial intelligence need not necessarily lead to job losses. Edited […]

Technology could widen the gender employment gap – IMF

Technology could widen the gender employment gap – IMF A new report from the International Monetary Fund (IMF) has found that women face a greater threat of losing their jobs to technology than their male counterparts.

According to the study, up to 26 million women in major economies could see their jobs displaced within the next two decades, if technology continues at its current rate. That puts 11 percent of women at high risk (70 percent likelihood) of job disruption compared to 9 percent of men. The stated that this could lead to a further widening of the pay gap […]