Tag: employment

Will humanity be phased out of the workforce by robots?

Will humanity be phased out of the workforce by robots?

Robots and AI should boost our wages, not take our jobs (Source: Getty) As automated employees begin to fulfill not just physical roles but also cognitive ones, workers can be safe in knowing that history has proven humanity’s staying power.

Researchers have concluded unanimously that automation will make improve our ability to do our jobs, boost wages and make the world a better place, according to a report from Deutsche Bank .

Employment-to-population ratios are down in OECD countries are no lower than they were in the early 1990s, with the UK’s at its highest level since records began. Figures suggest […]

Dyer: Trump’s trade delusion

Dyer: Trump’s trade delusion

Gwynne Dyer is a global affairs columnist whose work appears in KTW on a regular basis. Halfway across the Pacific Ocean, U.S. President Donald Trump heard the closing statements from the G7 summit in Quebec (which he had left early to meet North Korean dictator Kim Jong-un in Singapore).

All the G7 countries had signed up to an anodyne closing communique that papered over the huge gap between the United States and the other six on world trade — but Prime Minister Justin Trudeau then said once again that he would answer Trump’s big new tariffs on steel and aluminum […]

The Fed Can’t Save Jobs From AI and Robots

The Fed Can’t Save Jobs From AI and Robots

The day is coming, experts tell us, when artificial intelligence and robotics will massively disrupt the labor market. Autonomous vehicles will put 3.5 million truck drivers at risk of losing their jobs. Checkout machines may replace 3.4 million retail cashiers. That is only the beginning of the long list of jobs that will be destroyed by technological change.

The shift will not happen all at once, and most of the people who lose their jobs will eventually find new employment. The benefits of automation will include lower production costs, which will increase real incomes and job-creating consumer demand. But the […]

Does automation create jobs

QA Automation Engineer jobs at The If you are a tech professional who wants to directly apply for jobs, do NOT please create a new account to apply for jobs Are Robots Going To Kill Your Next Job Or were doomed by their hesitation to adopt automation. Search Brookings. As a result, many fear that technology is creating job-stealing robots. A new report from Citi and the Oxford Martin School explores the varying impact that automation of jobs will have on countries and cities around the world, in the near future and the coming decades. Forbes blogger Tim Worstall […]

Understanding the Decline of U.S. Manufacturing Employment

U.S. manufacturing experienced a precipitous and historically unprecedented decline in employment in the 2000s. Many economists and other analysts—pointing to decades of statistics showing that manufacturing real (inflation-adjusted) output growth has largely kept pace with private sector real output growth, that productivity growth has been much higher, and that the sector’s share of aggregate employment has been declining—argue that manufacturing’s job losses are largely the result of productivity growth (assumed to reflect automation) and are part of a long-term trend. Since the 1980s, however, the apparently robust growth in manufacturing real output and productivity have been driven by a […]

Artificial Intelligence bane or boon: Task Force to define

Artificial Intelligence bane or boon: Task Force to define

With the establishment of the Artificial Intelligence Task Force last year, India has taken its first step in the simulated world of immense possibilities. The Ministry of Commerce and Industry has submitted a detailed report speaking about the usage of Artificial Intelligence in multiple fields and its aim to transform India’s economy. The report submitted by the Ministry is meticulous and invariably states all the aspects of human existence like pharmaceuticals, Defence, technology, household, entertainment, education, environment, farming, finance and many more. The report mentions the usage and benefits of Artificial Intelligence in all these arenas. It is definitely […]

The future of factory jobs

The future of factory jobs

Not your grandfather’s manufacturing: Industry 4.0 is giving Singapore manufacturing a new lease of life – but with different jobs in tow. Can the skills keep up? BT ILLUSTRATION: SIMON ANG

PEOPLE are usually surprised when they find out that 49-year-old Azizul Syed is an assistant robotics engineer.

"Most would expect someone much younger – they are either supportive or sceptical," says Mr Azizul, who has worked for more than 20 years in German sensor manufacturing firm Pepperl+Fuchs. But he takes their expectations and assumptions in his stride. As an industry veteran, he has seen first-hand how the manufacturing landscape has […]

Quality, meaningful future work hinges on human-machine ‘complementarity’

Quality, meaningful future work hinges on human-machine 'complementarity'

Massage therapists, breathe easy. Robots won’t steal your job. They don’t have the empathy, manual dexterity or ability to ask the right questions. Radiologists, take notice . A tool wired with machine learning algorithms can easily interpret medical images using computer-aided diagnosis systems.

But there are 26 other tasks radiologists do that machines can’t do well, such as administering conscious sedation during procedures or developing treatment plans, said Erik Brynjolfsson, director of the MIT Initiative on the Digital Economy. He was sharing results of a study on tasks in various jobs that can be done well by machines, at the […]

On AI and Jobs, We Are All Augmentarians Now

On AI and Jobs, We Are All Augmentarians Now

Walmart’s Katie Finnegan onstage at Emtech Next For a couple of days this week, I attended the EmTech NEXT conference at MIT, which is organized by MIT Technology Review. The focus of the event was that fabled idea “The Future of Work,” and if you are on the side of the humans, the future seems pretty bright. Virtually every speaker (MIT folks, AI and robotics leaders) came out in favor of augmentation over automation. They say that AI and robots won’t take our jobs, but rather augment them by doing the things we humans don’t do so well.

I must […]

What Happens When Robots Take Our Jobs? Automation and the Dignity of Work

We’re in the middle of a revolution that could prove as disruptive as the Industrial Revolution. What does work look like in a world of automation?

Recently on "Saturday Night Live," John Mulaney observed that we spend an awful lot of our time these days proving to robots that we aren’t robots. This brave new world is not just online. Grocery shopping in the last five years makes many of us wish for the good old days with real, live human cashiers.

For many employers, of course, the advantages of machines over human employees is obvious. Former fast-food executive Andrew Puzder […]