Tag: employment

Is the Robo-pocalyse Upon Us?

Is the Robo-pocalyse Upon Us?

The argument over the impact of continuing technological advances on labor markets has been around at least since the Industrial Revolution introduced steam power and mechanization to the world. Overall it’s pretty hard to argue that technology has made the world worse, even if its benefits have been mixed.

The current terms of the argument include people who think that the displacement of human workers by automation is either very close at hand or very far in the future.

Economists Daron Acemoglu and Pascual Restrepo recently studied the impact of rising industrial robot usage and found that each new robot reduced […]

Automation, Robots, and Job Losses Could Make Universal Income a Reality

Automation, Robots, and Job Losses Could Make Universal Income a Reality

The rise of automation and resulting job losses those issues incur could force the federal government to guarantee some income for everyone, but that won’t happen for years or even decades, according to some academics at the Massachusetts Institute of Technology.

This sort of payment, usually referred to as Universal Basic Income (UBI), has been embraced by much of Silicon Valley and other tech enclaves, in part to offset anxiety that the technology built in these places is killing off people’s livelihoods.

UBI, if enacted, would be a flat payment to every citizen that would, in theory, act as a basic […]

The biggest problem with robots taking jobs may not be unemployment—yet

The biggest problem with robots taking jobs may not be unemployment—yet

An industrial robot welds a car together. Source: AP Automation is changing the economy and workforce – and significantly. Due to robots, computers and better technology, it takes far fewer workers to get the same amount of economic output.

The data are clear: Manufacturing output in the US has never been higher , and yet the number of people employed in that sector has fallen dramatically since 2000. Similarly, retail sales have skyrocketed thanks to Amazon and other e-commerce companies while retail employment stagnates and store closings ramp up.

And more is likely to come: Self-driving cars no longer live in […]

Mining industry looks towards a new wave of automation

Mining industry looks towards a new wave of automation

Drivers trucks are expected to change the mining industry’s employment landscape. Australia’s mining industry continues to push the boundaries of automation with the use of robots and remote-controlled equipment expanding in the industry.

Automation in mining has a long history as companies look to extract minerals more efficiently and more safely.

However, the new wave of automation has been tipped to change the employment landscape of the industry.James Cook University professor Ian Atkinson said it was likely some jobs would be lost but expected it to happen over a long period of time. "It may happen that as people retire or […]

COMMENT: ‘Could the rise of robots see them replace jobs such as taxi drivers and doctors?

COMMENT: 'Could the rise of robots see them replace jobs such as taxi drivers and doctors?

"The increasing use of robots can be a blessing" David Williamson, Professor of Regulation and Governance at Staffordshire University’s Business School, discusses the effect ‘robots’ could have on employment opportunities

Please Mr Robot, can I have a job?

If the projections are correct the effect of automation on jobs, brought about by advances in artificial intelligence, will be enormous. In Scotland, for example, it is estimated that 46 per cent of jobs will be lost to automation by 2030.Estimates for the U.S. suggest that six per cent of jobs will be lost in four years, with over 50 per cent by […]

Lim Swee Say reveals workforce predictions

Lim Swee Say reveals workforce predictions

Tharman blasts HR in Budget attack on ageism HR leaders have been urged by Deputy PM Tharman Shanmugaratnam to stop their “unstated discrimination” against older workers looking for jobs.

Are you asking illegal interview questions? Have you ever asked a job applicant how old they are? If you have, you might be breaking the law. A leading Singapore employment lawyer looks at which interview questions could land you in hot water.

Advancements in technology worldwide would drive the creation of new jobs, according to Minister for Manpower Lim Swee Say . In a speech at the G20 […]

Half of All Retail Jobs Could Be Gone in 10 Years

Half of All Retail Jobs Could Be Gone in 10 Years

With all the focus on immigration’s effects on U.S. jobs, it may be that many are missing the bigger story of technological disruption .

With automation already displacing waves of workers across industries, the declining retail segment sticks out as a segment particularly vulnerable to cheaper, more efficient alternatives to human capital . (See also: What is the One Job Automation Has Eliminated in the Past 60 Years? ) ‘Stranded Workers’

A recent report conducted by Cornerstone Capital Group suggests that 47% of the 16 million Americans currently employed in the retail sector are at risk of becoming “stranded workers.” […]

HALF of American retail workers could be replaced by robots, chilling new study finds

HALF of American retail workers could be replaced by robots, chilling new study finds

Nearly half of Americans working in retail are at risk of losing their job to a robot, a new study has revealed.

An analysis has found up to 7.5 million jobs that deal with merchandise are set to be automated over the next decade.

The researchers discovered that those who work as cashiers have the highest risk of being replaced – and 73 percent of those positions are held by women.Scroll down for video An analysis has found up to 7.5 million jobs that deal with merchandise are set to be automated over the next decade– leaving behind a large portion […]

NONFICTION | Software developer argues robots will impact economy

Bob Funk
Contributing writer

For those who worry about the future for their loved ones, and others in general, add another dire prediction to the menu of impending disasters looming over the horizon.
In addition to global warming and natural resource depletion, a crushing national debt, and an arc of political, economic, and social instability across Africa and the Middle East and its causal relationship to global terrorism, now add the rise of robots.Anyone concerned with the future of employment and work should read “The Rise of Robots: Technology and the Threat of a Jobless Future,” written by Martin Ford, a […]

Automation Technology Will Put 6 To 7.5 Million Jobs In Peril

Automation Technology Will Put 6 To 7.5 Million Jobs In Peril

Technological unemployment is already affecting the prodigious sectors that contribute majorly to the economy. By now, we know that automation can lead to temporary and permanent unemployment in predominantly profitable sectors. The most significant aspect of automation technology powering every industry is due to precise and efficient output. A recent study notes that 4 out of 10 jobs globally would be lost by 2021 due to the growing adoption of automation in every sector. Automation technology and robots already cost millions of jobs in every economy, and Cornerstone capital survey says that this is not just it.

According to a […]