Tag: employment

Jobs are changing – and fast. Here’s what trainers and employers must do to keep up

Jobs are changing – and fast. Here’s what trainers and employers must do to keep up

Technological developments are expected to majorly, and rapidly, disrupt or change the nature of employment. The multiplier effect of these disruptions interacting with each other has led to what has been termed the fourth industrial revolution.

The first industrial revolution took us from agrarian to industrial economies and the second used resources like electricity and steel to create mass production. The third refers to technology advancing from analog and mechanical devices to the digital technology available today.

The fourth industrial revolution represents ways technology has become embedded in societies by the fusion of technologies, or what is known as cyber-physical systems. […]

The UK is at risk of being left behind by the Fourth Industrial Revolution

The UK led the way in the First Industrial Revolution, embracing new technologies and the opportunities they created. But as we embark on the Fourth Industrial Revolution and the transition to automation, the reality is we are lagging behind our international competitors in adoption of robot technology.

We cannot pretend that the move to automation doesn’t bring challenges for businesses and for workers. Given the way in which communities were failed during previous industrial changes, such as the decline of the UK’s coal and steel industries, it isn’t surprising that that some may be worried about job disruption and livelihoods. […]

The economic consequences of automation

The economic consequences of automation

115k

Reactions While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favourably: Technology, they say, may destroy jobs in the short run, but creates new and better jobs in the longer term.

The destruction of jobs as a result of automation is clear and direct: a firm automates a conveyor belt, supermarket checkout or delivery system, keeps one-tenth of the workforce as supervisors, and fires the rest. But what happens after that is far less obvious.The standard economic argument is that workers affected by automation […]

Economic consequences of automation

LONDON — While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favourably: Technology, they say, may destroy jobs in the short run, but it creates new and better jobs in the longer term.

The destruction of jobs is clear and direct: A firm automates a conveyor belt, supermarket checkout, or delivery system, keeps one-tenth of the workforce as supervisors, and fires the rest. But what happens after that is far less obvious.

The standard economic argument is that workers affected by automation will initially lose their jobs, but […]

Robot Tax Rebutted By Automation Industry On A Roll; Displaced Dockworkers Unconvinced

Robot Tax Rebutted By Automation Industry On A Roll; Displaced Dockworkers Unconvinced

A ludicrous idea from a desperate Democratic presidential candidate – that pretty much sums up how Bill De Blasio’s "robot tax" was received earlier this month. Mockery, mixed with disdain, poured from political commentators while business writers relied more on reason. Reason.com, for example, citing Reason’s Ron Bailey, foreman stevedore working in yard terminal of the port checking safety equipments readiness for start loading cargo anytime, lifting by gantry crane, working at risk on the high level insurance Getty

pointed out what many economic experts take to be a given, that automation creates more jobs than it destroys.

One of […]

Times of Malta Comment Policy

Times of Malta Comment Policy

One of the fathers of the US Constitution, James Madison, famously wrote that a democracy could not flourish if its people was ignorant; it could only end in farce, tragedy, or both. He had in mind both access to news and knowledge of constitutional rights and freedoms, and why they needed safeguarding.

So the process of constitutional reform here will hopefully mean that we not only change what needs to be changed for the better, but also ensure greater public awareness of constitutional values. Some things are worth reflecting on even if we have no intention of changing them.

The reason […]

Who will benefit from innovative technologies?

Who will benefit from innovative technologies?

Innovative technologies will allow workers to have more time for leisure and personal pursuits, but can also threaten their employment. Photo: AFP In the United States, a computer programmer shared a “trade secret” on an online forum frequented by people in his line of work.

The man said he was hired to do a full-time job of data entry, but instead of doing the job manually, he used a program to automate the work. The one who used to occupy his position had to spend a month to complete the task, but it only took him 10 minutes to finish […]

Will robots steal my job?

Will robots steal my job?

Source: Curtin Business School The answer is: quite possibly, so start planning for it.

The relentless march of technology. The rise of robots. The AI doomsday trap. These aren’t slogans for the upcoming Terminator: Dark Fate , but news headlines that turn up in search results when you Google future of employment .

The big question is no longer whether robots and artificial intelligence will eventually replace us at work, but how and when it will happen. Debate rages. In 2013, a pair of Oxford academics predicted that 47 percent of American jobs could be lost to automation by 2030 […]

AI, Automation, And The Employment Challenge.

AI, Automation, And The Employment Challenge.

In the era of Artificial Intelligence (AI) and automation, there are more jobs that can be done by robots effectively, in a shorter time, with minimum to zero errors. Automation will enable repetitive work to be done by robots or systems efficiently with minimized risks. AI will enable a deeper insight of a vast amount of data for various intelligence applications.

Although AI and automation is able to revolutionize and improve production and service provision, they also come with some “side-effects”. The disruption brought about by automation and AI will make many jobs eventually obsolete, replacing human workers of similar […]

Save the Robots

Save the Robots

New York’s mayor has a plan to address the displacement of workers through automation: Bill de Blasio wants the federal government to enact a “robot tax.” De Blasio’s proposed law stipulates that when a company introduces labor-saving automation, such as a forklift on a loading dock, it would have to pay the federal government five years’ worth of payroll taxes for each worker that the innovation displaces. The employer would have to find new jobs for the workers at their same pay or give them severance. Further, the law would invent a new federal agency to determine which jobs […]