Tag: employment

Canada’s growing student debt crisis

Canada’s growing student debt crisis

Law In-depth

Debt loads are becoming an enduring burden for Canadian law graduates, and that is distorting the profession’s ability to service the public. Elsa Ascencio was only 12 when she knew she wanted to be a lawyer.

That’s how old she was when her father was hurt on the job, his back "shredded" while working as a labourer in a factory."It was devastating," she recalls. "One of the things my father used to do was carry us on his back. And suddenly, dad couldn’t do that anymore."A refugee from El Salvador, who’d fled death squads with his wife, he […]

Automation hypochondria in the new industrial age

Automation hypochondria in the new industrial age

The world has experienced four industrial revolutions and as each has unfolded, so have dire predictions of massive job losses. Looking back at the first three, it is clear that concerns were misplaced. The number of jobs increased each time, as did living standards and every other social indicator. McKinsey predicts that 800 million workers could be displaced in 42 countries — a third of the workforce — because of the Fourth Industrial Revolution (4IR). Although similar predictions were made at the onset of each revolution of the past, could there be something more to it this time? A […]

Is Andrew Yang wrong about robots taking on our job?

US presidential candidate Andrew Yang "is full of it," argues Slate & # 39; s senior business and economic correspondent, challenging Yang & # 39; s claim (in a Tuesday debate) that American jobs were lost to automation:

After the debate, a "fact check,quot; by the AP claimed that Yang was right and Warren wrong. "Economists blame job losses primarily on automation and robots, not on trade deals," it said. But this was not correct. Such a consensus does not exist, and if there is anything, the evidence strongly suggests that trade has been the main culprit in recent decades. […]

IT panelists: effect of automation on employment is ‘not drastic’

Panaji: The IT panellists, during a discussion, at Vibrant Goa Global Expo and Summit, observed that effect of automation on employment is not drastic, as the jobs most likely to get affected due to automation are the low-skilled ones, because the operation of technology requires professionals.

The panellists, including industrialist, entrepreneur and member of strategic advisory body of financial institution talked about trends in emerging technologies and how robots, artificial intelligence (AI), and automation will affect the workforce.

The panel of five members, representing different countries, comprised chairman and managing director of Tangentia, Vijay Thomas; CMD of Iris Consulting, USA, […]

If the Democrats preserve saying loopy issues concerning the financial system, Trump will win once more

If the Democrats preserve saying loopy issues concerning the financial system, Trump will win once more

With felonies flying quick and livid at 1600 Pennsylvania Avenue this week, it could appear a curious time to jot down about how Democrats operating for president are saying sort of loopy issues.

However they’re.

As a result of Andrew Yang, Bernie Sanders and (typically) Elizabeth Warren are radically misdiagnosing issues within the U.S. financial system, they’re off — typically miles off — in prescriptions for reform.The sheer quantity of free speak about how capitalism is failing is gorgeous. This myth-making scares employees within the current, and sparks proposals that ought to scare markets for the long run.Like, what?Robotic responseStart with […]

Opinion: If the Democrats keep saying crazy things about the economy, Trump will win again

Opinion: If the Democrats keep saying crazy things about the economy, Trump will win again

Elizabeth Warren and Andrew Yang exchange a high-five at the Democratic presidential candidates debate. With felonies flying fast and furious at 1600 Pennsylvania Avenue this week, it may seem a curious time to write about how Democrats running for president are saying kind of crazy things.

But they are.

Because Andrew Yang, Bernie Sanders and (sometimes) Elizabeth Warren are radically misdiagnosing problems in the U.S. economy, they are off — often miles off — in prescriptions for reform.The sheer amount of loose talk about how capitalism is failing is stunning. This myth-making scares workers in the present, and sparks proposals that […]

Leaders Need To Embrace The Digitized Future Of Work, Not Fear

Leaders Need To Embrace The Digitized Future Of Work, Not Fear

The machines are coming for our jobs. This is a dystopian vision of the future of work popularized by the media and perpetuated in boardrooms across the globe.

South Africa is not immune from this misperception and here it has created a climate of fear and paralysis. Leaders, both civic and corporate, hesitate to encourage and incentivise the very digitalization needed to sustain and grow our economies out of a misguided fear of job losses and the ensuing civil backlash.

Ironically, the exact efforts to protect jobs from technology may end up being the biggest cause of job losses in the […]

Op-Ed: Why leaders need to embrace, not fear, the digitised future of work

Op-Ed: Why leaders need to embrace, not fear, the digitised future of work

By Valter Adão, Chief Digital and Innovation Officer, Deloitte Africa

The machines are coming for our jobs. This is a dystopian vision of the future of work popularised by the media and perpetuated in boardrooms across the globe.

South Africa is not immune from this misperception and here it has created a climate of fear and paralysis. Leaders, both civic and corporate, hesitate to encourage and incentivise the very digitalisation needed to sustain and grow our economies out of a misguided fear of job losses and the ensuing civil backlash.Ironically, the exact efforts to protect jobs from technology may end […]

Opinion: If the Democrats keep saying crazy things about the economy, Trump will win again

Opinion: If the Democrats keep saying crazy things about the economy, Trump will win again

Elizabeth Warren and Andrew Yang exchange a high-five at the Democratic presidential candidates debate. With felonies flying fast and furious at 1600 Pennsylvania Avenue this week, it may seem a curious time to write about how Democrats running for president are saying kind of crazy things.

But they are.

Because Andrew Yang, Bernie Sanders and (sometimes) Elizabeth Warren are radically misdiagnosing problems in the U.S. economy, they are off — often miles off — in prescriptions for reform.The sheer amount of loose talk about how capitalism is failing is stunning. This myth-making scares workers in the present, and sparks proposals that […]

Basic income can’t do enough to help workers displaced by technology

Basic income can’t do enough to help workers displaced by technology

A driverless truck being tested in Russia in 2018. The October Democratic presidential debate featured something that many activists would have considered impossible just a few years ago: a lengthy debate between leading presidential candidates about a universal basic income , a policy that would give all l adult Americans a basic cash benefit every month.

Andrew Yang , the nonprofit chief and entrepreneur who is currently polling ahead of senators like Cory Booker and Amy Klobuchar, has made a $1,000-per-month basic income for everyone between the ages of 18 and 64 — which he calls a “Freedom Dividend” […]