Tag: employment

Automation: The Good News and the Bad

Automation: The Good News and the Bad

Jobs Will Be Lost And Jobs Will Be Gained; Business Will See Significant Benefits

JOB TRAINING: It’ll have to be a government priority, to deal with the effects of automation. There is bad news and good news for workers when it comes to automation , says a recent McKinsey report on the subject.

The bad news is that 30 percent of work activities in 60 percent of occupations globally could be automated. The good news is that the actual proportion of work automation will likely be lower—due to technical, economic, and social factors—and that automation will create new occupations that […]

It’s not just about creating jobs, but ones we can beat algorithms at

It’s not just about creating jobs, but ones we can beat algorithms at

Robots and artificial intelligence will revolutionise the workplace, but at what cost?

“As artificial intelligence outperforms humans in more and more tasks, it will replace humans in more and more jobs.” Like all good economists, John Maynard Keynes was better at predicting the past than the future. Writing in Economic Possibilities for Our Grandchildren in 1930, Keynes said that in 100 years’ time, people would work no more than 15 hours a week. With many people still clocking up 40 hours or more, that prediction was somewhat wide of the mark.

Fast forward to one of today’s most successful businessmen, […]

Politicians need to get to grips with potential dangers of Artificial Intelligence

Politicians need to get to grips with potential dangers of Artificial Intelligence

Stephen Hawking has warned of the dangers of ‘effective AI’. It needs to be governed before it gets too big, too quickly, writes Guy Verhofstadt .

At least since Mary Shelley created Victor Frankenstein and his iconic monster in 1818, humans have had a morbid fascination with manmade beings that could threaten our existence.

From the US TV adaptation of Westworld, which depicts an amusement park populated by androids, to the Terminator films in which super-intelligent machines aim to destroy mankind, we often indulge the paranoid fantasy that our own technological creations might turn on us. Robots on the production line […]

Rage against the machine?

Rage against the machine?

A robotic bartender mixes cocktails for guests. New technologies promise higher productivity and greater efficiency, but they also stoke fears about their effects on jobs, skills, and wages. Photo: Reuters Intelligent machines are transforming the way we produce, work, learn, and live throughout the world. Almost every aspect of our economies will be radically altered.

Major logistics companies and individual drivers are using new technologies to optimize their route planning. Companies like BMW and Tesla have already released self-driving features in their automobiles, which are produced with the help of sophisticated robots.

The Associated Press is using artificial intelligence to help […]

At Mail Today summit, MoS Giriraj Singh pitches for social entrepreneurship with focus on rural employment

At Mail Today summit, MoS Giriraj Singh pitches for social entrepreneurship with focus on rural employment

Minister of state for Micro, Small and Medium Enterprises Giriraj Singh attended Mail Today’s first Skills and Entrepreneurship Summit in Delhi. This is what he said.

MoS Giriraj Singh Social entrepreneurship is the need of the hour with a focus on rural employment, especially in the face of increasing population in the country, said minister of state for Micro, Small and Medium Enterprises (MSME), Giriraj Singh on Thursday.

"Problem is not just in what schemes the government has to come up with or how much money has to be pumped into them, the biggest problem is the increasing population," […]

If Work-Hours & the Value of Automation Were Distributed Fairly Today

If Work-Hours & the Value of Automation Were Distributed Fairly Today

Distribution of Work-Hours, On the Clock Laborwave, Fully Automated Luxury Communism Title Image The issue of wealth and income inequality is one of the central debates in US politics today and experts believe this is due to the fact that most of the country is sick of being poor. Inequality and poverty are not new problems, of course — but it is strange that they are problems for the wealthiest nation in history. Despite the abundance made possible by technological progress, a person working full-time at minimum-wage cannot afford to rent a 2-bedroom apartment in any US state . […]

Why corporates should jump on board with freelance marketplaces

Why corporates should jump on board with freelance marketplaces

The Australian workforce is shifting. Freelance marketplaces or open talent networks (OTN) present a brilliant opportunity for workers to have more enjoyment and autonomy in their career, whilst also empowering businesses to increase efficiency.

At a recent breakfast event hosted by Nvoi, an online marketplace for the contingent workforce, I met with a group of representatives from companies including EY, Coca-Cola , Lend Lease and Audi. We discussed the impact of current market trends, including shrinking talent pools, changing employee behaviour and a shift towards variable cost models, on the workforce and workplace as well as traditional organizational and management […]

Humans Will Rule the Marketing Machines in 2018 and Beyond

Humans Will Rule the Marketing Machines in 2018 and Beyond

As technology continues to evolve at an exceptional rate, the human vs. machine debate becomes ever more prevalent, and the fear job functions may become obsolete grows stronger. In fact a study from Pew Research Center revealed almost three-quarters ( 75% ) of U.S. adults are worried about a future where robots and computers can do human jobs.

This is particularly relevant to the marketing industry, where escalating connectivity has resulted in an explosion of new channels and tactics, automated advertising and data-driven targeting are already mainstream, and technologies such as Artificial Intelligence (AI) and machine learning are regularly employed.

But […]

Job Seekers Believe Job Loss to Automation is Overhyped, Contrary to Ominous Headlines; ‘State of the American Job Seeker’ Report from ZipRecruiter Reveals Complex Atti

Job Seekers Believe Job Loss to Automation is Overhyped, Contrary to Ominous Headlines; 'State of the American Job Seeker' Report from ZipRecruiter Reveals Complex Atti

SANTA MONICA, Calif., Dec. 6, 2017 /PRNewswire/ ZipRecruiter , the fastest-growing online employment marketplace, has released new nationwide data in a report titled "State of the American Job Seeker: Automation, AI and Technological Change." The report analyzes and explores data-based trends as well as the emotions of job seekers on matters such as their current satisfaction level with the job market, their feelings about technological advancements, and their take on automation and what it might mean for their current and future job prospects.

In the survey conducted online by Harris Poll among more than 1,000 U.S. job seekers, ZipRecruiter found […]

A watershed election

A watershed election

Our next election will be a watershed election.

Either we make fundamental changes to the way our society is organized and governed or we will become yet another failed post-colonial country.

The international environment in which we live has changed radically from that in which we became independent in the 1960s. And it is in the throes of even more rapid change, driven by technology and geopolitics.Fifty years ago we might have picked up a manufactured object and said, “Hey, look, this was made in China.” Today we pick up a similar object and exclaim in surprise, “Hey, look, this was […]