Tag: employment

What Can History Teach Us About The Implementation Of AI, Automation And Other Job Reducing Technologies?

What Can History Teach Us About The Implementation Of AI, Automation And Other Job Reducing Technologies?

The term ‘luddite’ originally referred to those who opposed the job losses brought on by the Industrial Revolution. So, are those that oppose the threats to jobs from advances in technology the luddites of today?

Of course, no-one wants to see job losses and we should do all we can to prevent that occurring. But neither does anyone want to prevent progression. If history has taught us anything, it’s that it’s futile to try to stop the advancement of invention – in all its forms.

We happen to be living in a time when that advancement is coming thick and fast […]

Women are twice as likely than men to lose their jobs to robots

Women are twice as likely than men to lose their jobs to robots

Scott Olson / Getty Images As automation threatens the existence of millions of jobs across the US, not every American is equally at risk of being replaced by a robot.

Twice as many women than men are likely to lose their jobs as automation replaces human labor, according to a recent report by the Institute for Spatial Economic Analysis (ISEA).

That’s because women are more likely to be employed in roles that can be replaced by robots. For example, 97% of cashiers are expected to lose their jobs in the coming years to automation. As of 2016, 73% of cashiers are […]

What jobs will still be around in 20 years? Read this to prepare your future

What jobs will still be around in 20 years? Read this to prepare your future

The robots are coming, the robots are coming!

Regular reports warn us that an automation apocalypse is nigh. In January, a McKinsey & Company study found that about 30% of tasks in 60% of occupations could be computerized and last year, the Bank of England’s chief economist said that 80m US and 15m UK jobs might be taken over by robots .

Of course, not all jobs are created equally. In 2013, a highly cited study by Oxford University academics called The Future of Employment examined 702 common occupations and found that some jobs – telemarketers, tax preparers and sports referees […]

Jagler: Rockwell CEO cites 7 virtues of automation

Jagler: Rockwell CEO cites 7 virtues of automation

(Photo: Steve Jagler / Milwaukee Journal Sentinel) During the nasty presidential election of 2016, the word “automation” was tossed around derisively with other words such as “China,” “Mexico” and “illegal immigrants” as scapegoats that were taking away American jobs.

Given all that hyperbole, when the word “automation” is half of your company’s name, you’d better be ready to defend the concept.

Blake Moret is up for the task.Moret is the chief executive officer of Milwaukee-based Rockwell Automation.Rockwell is the world’s largest company dedicated to industrial automation and information. Through its flagship Allen-Bradley and Rockwell Software product brands, the company’s mission is […]

job losses due to automation

job losses due to automation

Thirteen years ago, two prominent U.S. economists wrote that driverless cars couldn’t execute a left turn against oncoming traffic because too many factors were involved. Six years later, Google proved it could make fully autonomous cars, threatening the livelihoods of millions of truck and taxi drivers. Throughout much of the developed world, gainful employment is seen as almost a fundamental right. But what if, in the not-too-distant future, there won’t be enough jobs to go around? That’s what some economists think will happen as robots and artificial intelligence increasingly become capable of performing human tasks. Of course, past technological […]

WVU professor: NAFTA renegotiations ‘might even make things worse’ for state

WVU professor: NAFTA renegotiations 'might even make things worse' for state

MORGANTOWN – The devil might be in the details of a Trump administration-renegotiated North American Free Trade Agreement (NAFTA) that could end up hurting West Virginia even if it benefits the rest of the nation, a West Virginia University law professor said during a recent interview.

"West Virginia needs jobs, and NAFTA isn’t the problem," WVU Law Professor Alison Peck said during a The West Virginia Record email interview. "If we focus on fighting NAFTA we will lose our opportunity to demand that the federal government provide real support for business innovation here in West Virginia that will move our […]

Meet tech industry headwinds with the right skillset engines

Meet tech industry headwinds with the right skillset engines

Workers are seen at their workstations on the floor of an outsourcing centre in Bangalore, in this file photo. Reuters File

A technology hawk which bulks up India’s foreign exchange could be slowing down, but a hawk is still a hawk even if it flies low. The fact remains that growth rates have moderated for most IT services companies globally. Each company has a different painpoint (manufacturing, utilities, energy, healthcare and retail, among others) but at an aggregate level this has meant lower growth rate for India’s tech services titans TCS, HCL, Infosys, Wipro and Cognizant.

IT industry body Nasscom’s constant […]

Jack Ma Predicts People Will Work Just 16 Hours Per Week By 2047

Jack Ma Predicts People Will Work Just 16 Hours Per Week By 2047

Jack Ma, the billionaire businessman and chairman of the Alibaba Group, believes that automation will help workers of the future enjoy more leisure time. In fact, he sees a future where people will be working just 16 hours per week by 2047.

Donald Trump and Jack Ma, Chairman of Alibaba Group, speak to reporters following their meeting at Trump Tower, January 9, 2017 in New York City (Photo by Drew Angerer/Getty Images)

"I think in the next 30 years, people only work four hours a day and maybe four days a week," Ma said this week at a conference in Detroit […]

Bad News: Automation Will Terminate Many Millennial Jobs

Bad News: Automation Will Terminate Many Millennial Jobs

Terminator Genisys Millennials supporting the minimum wage hike trends better rethink themselves, because a new report from Gallup shows that many of those entry-level jobs will be terminated by robots. No telling if they’ll be back. A Gallup study said that 37 percent of millennials are at “high risk” of being replaced by either artificial intelligence (AI) or automation. The news is slightly better at 32 percent for Generation X and Baby Boomers. The five percent divergence rate is because millennials lack work experience, where older generations are more likely to hold higher-ranking positions. The study said that only […]

The World’s Workers Have Bigger Problems Than a Robot Apocalypse

The World’s Workers Have Bigger Problems Than a Robot Apocalypse

The world’s workers seem to be in a bad spot: A recent study found that each new industrial robot displaces six employees. Automation is on the rise in fields from radiology to volleyball coaching . Workers in poorer manufacturing-reliant nations are especially vulnerable, it’s said, because their jobs could soon be done by robots. Yuval Noah Harari, author of the new book Homo Deus , speculates in a recent Bloomberg View column about the rise of a huge, embittered “useless class” living on the dole.

But if work is being automated out of existence, how do you explain a 2.8 […]