Tag: employment

Now Right-wing think-tank wants State wage for everyone to curb threat of unrest posed by jobs becoming automated

Now Right-wing think-tank wants State wage for everyone to curb threat of unrest posed by jobs becoming automated

Every adult should be given a weekly cash handout to curb public unrest over the threat to jobs posed by automation, according to a Right-wing think-tank.

The Adam Smith Institute backs the idea of a universal basic income – in which everyone gets a fixed payment from the State regardless of salary or employment.

It said the scheme would help secure public support for future technological upheaval when robots are predicted to take over many manual tasks.The idea has previously been identified with politicians on the Left, including Labour’s Shadow Chancellor John McDonnell, and has been piloted in countries such as […]

STUDY: Automation Could Displace 2.7 Million Construction Workers by 2057

STUDY: Automation Could Displace 2.7 Million Construction Workers by 2057

Like manufacturing, the U.S. construction industry is becoming more reliant on capital and technology Increasing automation in the construction industry could displace or replace as much as 49% of America’s blue-collar construction workforce (2.7 million workers) and eliminate nearly 500,000 non-construction jobs by 2057, according to "The Potential Consequences of a Highly Automated Construction Industry" , a new study by the Midwest Economic Policy Institute (MEPI) and the Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign.

Read an Executive Summary Here .

“Advancements in technology have already dramatically re-shaped American manufacturing and eliminated millions of […]

STUDY: Automation Could Displace 2.7 Million Construction Workers by 2057

Chicago: Increasing automation in the construction industry could displace or replace as much as 49% of the America’s blue-collar construction workforce (2.7 million workers) and eliminate nearly 500,000 non-construction jobs by 2057, according to a new study by the Midwest Economic Policy Institute (MEPI) and the Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign.

"Advancements in technology have already dramatically re-shaped American manufacturing and eliminated millions of blue-collar, middle-class jobs," said study co-author and Project for Middle Class Renewal Director, Dr. Robert Bruno. "Similar changes are already underway in the construction sector, and it is vital […]

500,000 workers at risk of being replaced by robots in Northern Ireland over next 10 years: report

500,000 workers at risk of being replaced by robots in Northern Ireland over next 10 years: report

The rise of robotic machinery means manufacturers are increasingly cutting down on manpower, with a negative knock-on effect on employment rates Nearly 500,000 workers in Northern Ireland, from typists to bank clerks, will risk being replaced by technology over the next 10 years, according to a report today.

The knowledge economy index from Connect – part of Catalyst NI – said typists were at the highest risk of being displaced by technology, followed by bank and post office clerks.

But professions such as nursing and teaching were at the lowest risk of being displaced as a result of technological advances.However, the […]

Esther J. Cepeda: We can’t let robots steal all our jobs

Esther J. Cepeda: We can’t let robots steal all our jobs

By Esther J. Cepeda / The Washington Post

In a world that seems in constant danger of going over the edge, why isn’t more effort going into making sure robots don’t steal every last job and leave our kids fighting, cage-match style, for whatever’s left?

Jobs are a key measure of how well the economy is ticking along, but they have become a partisan battleground.The elites of Silicon Valley, sensing a backlash against a system in which no-wage robots toil 24 hours a day without complaint, have suggested a universal income to provide those displaced by technology with a small, guaranteed […]

The Good News About Automation

The Good News About Automation

While a new report projects automation will replace many workers in the next 12 years, other changes may spur opportunities for both companies and humans. Automation could replace up to one-third of the global workforce by 2030, according to the latest McKinsey report, Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation . But as staggering as that prediction is, experts say the biggest impact for companies may come from elsewhere in the 160-page study.

The good news is that, even if millions of workers lose their jobs, rising consumption, an aging population’s new demands and the continuation […]

MICHAEL HICKS: Carrier illustrates the big economic shifts of our time

MICHAEL HICKS: Carrier illustrates the big economic shifts of our time

Michael Hicks, director of the Bureau of Business Research at Ball State University

The final layoffs at the Carrier Indianapolis plant provide a moment to reflect on three trends that are remaking much of the American economy. I start with the least impactful of these and move on to the big disrupters.

A little over two years ago, at the height of the 2016 presidential campaign, Carrier threatened to close plants in Indianapolis and Huntington, relocating this production to Mexico. They argued that total costs from regulation and labor were too much to bear and that they needed a less expensive […]

Why automation and robots won’t be the “end of work”

Why automation and robots won’t be the “end of work”

Galeries opening up shop in Luxembourg: report Snow flurry in Dippach Comment: Can you imagine travelling to work in a robotic “ Jonnycab ” like the one predicted in the cult Arnold Schwarzenegger movie Total Recall ? The image from 1990 is based on science fiction, but Mercedes Benz does have a semi-autonomous Driver Pilot system that it aims to install in the next five years and Uber is also waging on a self-driving future. Its partnership with Volvo has been seen as a boost to its ambitions to replace a fleet of self-employed drivers with autonomous vehicles .

Jonnycab […]

Interview: Ulrich Spiesshofer, CEO of ABB

Interview: Ulrich Spiesshofer, CEO of ABB

Ulrich Spiesshofer, the boss of one of the world’s largest automation companies talks to Jon Excell about collaboration, innovation, and why we shouldn’t fear the robots

The rapid march of automation and robotics is a divisive trend. For some, it’s a destructive force that threatens jobs and even entire professions. Others trumpet its productivity-boosting powers and the trickle-down benefits this brings to the wider economy.

There are no prizes for guessing where CEO of power and automation giant ABB Ulrich Spiesshofer sits on this. On a recent visit to the UK he explained to The Engineer why he believes we […]

Robot Writing, AI, and Marketing: It’s the End of the World as We Know It

Robot Writing, AI, and Marketing: It’s the End of the World as We Know It

Picture if you will, dear reader, the marketing apocalypse, a place where human-powered engines are less and less relevant and we are facing a new dawn: robot writing, triggered email campaigns, automated social scheduling and responses, ways to track users wherever they go.

Oh, hang on. Isn’t that . . . ? the future is here Yeah, it is. We would say welcome to the future, but that scares an awful lot of people. Case in point: all these stories about the robots coming to take our marketing jobs. There is legitimate worry in our industry today, and with good […]