Tag: employment

Tech to cost SE Asia millions of jobs, doom ‘factory model,’ warns WEF

Automation will soon make millions of low-skilled jobs – from cashiers and machine operators to waiters and drivers – redundant across Southeast Asia, experts said Wednesday, warning the region to upskill fast or face huge employment problems. The topic was centre stage at the World Economic Forum (WEF) in Hanoi, where warnings abounded that countries including Vietnam, Indonesia and Thailand where manufacturing has driven GDP and employed millions would be among the worst affected. In stark comments, Vietnam’s Prime Minister Nguyen Xuan Phuc told the forum technology could spell doom for the "Asian factory model" of growth that has […]

Let’s reboot work – is it really robots vs people?

Let’s reboot work – is it really robots vs people?

The debate about technology in business and the workplace is one that tends to exist at extremes.

On the one side you have the evangelists, who want to put as much technology as possible into every nook and cranny. They will tell you that tech can only ever mean a more efficient and productive organisation.

Against them are the doom-mongers, who point to the threat that automation and artificial intelligence (AI) pose to jobs and humanity. They fear that, by opening the door to the power of AI, we are sowing the seeds of our own eventual destruction.And the rest of […]

Job-stealing robots stoke concerns about inequality in Japan

Job-stealing robots stoke concerns about inequality in Japan

Japan has more than 3 industrial robots installed in factories for every 100 workers. © Reuters NEW YORK — Japan is famous for its innovation in productivity-boosting automation and lifelike robots like Sony’s robo-puppy aibo, but a new study finds that many Japanese believe these advances are coming at the expense of the humans that made them.

According to the study released by the Pew Research Center Thursday, which surveyed public opinion on job automation in 10 developed and emerging economies, 89% of Japanese respondents think robots and computers will either "definitely" or "probably" take over many jobs now done […]

Frere Enterprises Explores the Future of the Workforce in an Artificially Intelligent World

PETALUMA, Calif., Sept. 13, 2018 /PRNewswire/ — Every so often, a technological advancement comes about that is so earth-shattering that it changes the way entire industries work. These disruptive innovations can change not only how businesses are run, but also how people live and work. One such technology that promises to be a complete game-changer is artificial intelligence (AI). Once a mere science fiction fantasy, AI is quickly being developed to the point that it has very real-world applications. As this technology moves from the realm of fiction to reality and companies increase their use of it, the question […]

You Decide: What’s the New Outlook for Jobs?

You Decide: What's the New Outlook for Jobs?

A few years ago, a couple of economists made a big splash by predicting almost half of occupations in the country had a big chance of being replaced by automation and technology in coming decades.

Unemployment rates would soar to double digits and stay there. The economists’ forecast revived fears of “technological unemployment” posing a bigger threat to jobs than any future recession.

How out-of-touch those forecasts now look today. Companies are hungry for workers. Many are hiring unqualified people and then training them. Unemployment rates are reaching historic lows among many groups and in many regions.The job situation and facts […]

Automation to kill Southeast Asian jobs: WEF

Automation to kill Southeast Asian jobs: WEF

Experts at the World Economic Forum have warned that huge employment problems will hit the region if skills do not keep up with technology advances.

A number of experts attending the World Economic Forum (WEF) in Hanoi, Vietnam, have warned that Southeast Asia could face huge employment problems if it does improve its skills fast.

Countries such as Vietnam, Indonesia and Thailand could see millions of low-skilled workers losing their jobs due to the introduction of automation.Vietnam’s Prime Minister Nguyen Xuan Phuc said those Southeast Asian countries that depend heavily on manufacturing for their GDP will be among the worst affected.Nguyen’s […]

Tech to cost SE Asia millions of jobs, doom ‘factory model’

Tech to cost SE Asia millions of jobs, doom ‘factory model’

HANOI (AFP) – Automation will soon make millions of low-skilled jobs – from cashiers and machine operators to waiters and drivers – redundant across Southeast Asia, experts said yesterday, warning the region to upskill fast or face huge employment problems.

The topic was centre stage at the World Economic Forum (WEF) in Hanoi, where warnings abounded that countries including Vietnam, Indonesia and Thailand where manufacturing has driven GDP and employed millions would be among the worst affected.

In stark comments, Vietnam’s Prime Minister Nguyen Xuan Phuc told the forum technology could spell doom for the “Asian factory model” of growth that […]

Automation to cost Southeast Asia millions of jobs, warns World Economic Forum

Automation to cost Southeast Asia millions of jobs, warns World Economic Forum

Employees work at an automobile-production line in China. On Wednesday, experts warned that automation will soon make millions of low-skilled jobs — from cashiers and machine operators to waiters and drivers — redundant across Southeast Asia, saying the region to upskill fast or face huge employment problems. Automation will soon make millions of low-skilled jobs — from cashiers and machine operators to waiters and drivers — redundant across Southeast Asia, experts said Wednesday, warning the region to upskill fast or face huge employment problems.

The topic was center stage at the World Economic Forum (WEF) in Hanoi, where warnings abounded […]

Education in the Age of Automation

Education in the Age of Automation

The race is on between technology and education. The outcome will determine whether the opportunities presented by major innovations are seized, and whether the benefits of progress are widely shared.

SEOUL – As digital technologies and automation have advanced, fears about workers’ futures have increased. But, the end result does not have to be negative. The key is education. Already, robots are taking over a growing number of routine and repetitive tasks, putting workers in some sectors under serious pressure. In South Korea , which has the world’s highest density of industrial robots – 631 per 10,000 workers – manufacturing […]

WEF: Tech to cost Southeast Asia millions of jobs, doom ‘factory model’

WEF: Tech to cost Southeast Asia millions of jobs, doom ‘factory model’

HANOI: Automation will soon make millions of low-skilled jobs – from cashiers and machine operators to waiters and drivers – redundant across Southeast Asia, experts said Wednesday, warning the region to upskill fast or face huge employment problems.

The topic was centre stage at the World Economic Forum (WEF) in Hanoi, where warnings abounded that countries including Vietnam, Indonesia and Thailand where manufacturing has driven GDP and employed millions would be among the worst affected.

In stark comments, Vietnam’s Prime Minister Nguyen Xuan Phuc told the forum technology could spell doom for the “Asian factory model” of growth that has driven […]