Tag: employment

How the rise of the robots will affect your job

How the rise of the robots will affect your job

MT at 50: We’re heading for the fourth industrial revolution where more and more jobs will be automated – from care assistants to check-in staff. So how can we manage the march of the machines?

The residents of the Colony Club, an assisted-living home near Fort Lauderdale in Florida, are fond of Zora, the little redhead who helps them with their daily exercises, tells them a story or two, takes them on a walk, reads them the weather forecast and will even dance them the Macarena if they ask.

And she works for virtually nothing, after an initial payment of […]

Swiss manufacturers cut jobs that sector warns won’t come back

Swiss manufacturers cut jobs that sector warns won't come back

By Brenna Hughes Neghaiwi

ZURICH, June 7 (Reuters) – Visitors say views through the glass floors in Schindler’s Auckland Sky Tower elevators offer one of the most exhilarating lift experiences in the world.

But for the Swiss workers who make the elevator parts, their uncertain future might feel as dizzying as the 220-metre drop underfoot as Swiss industry accelerates job cuts to mitigate the impact of the galloping franc.Six decades after opening, Schindler’s hometown factory in Ebikon that decades ago employed hundreds will be scaled back to under 100 employees by the end of 2017.They will focus on special orders the […]

Weird Science: Robots Poised to Take Half the World’s Jobs in 30 Years

Weird Science: Robots Poised to Take Half the World’s Jobs in 30 Years

This picture taken on November 24, 2015 shows visitors watching a robot (C) demonstration during the World Robot Conference in Beijing Vardi, a computer science professor at Rice University in Houston, told the American Association for the Advancement of Science (AAAS) that, "We are approaching a time when machines will be able to outperform humans at almost any task." He added, "I believe that society needs to confront this question before it is upon us: if machines are capable of doing almost any work humans can do, what will humans do?" ‘I’m Not Just Any AI’: Meet the World’s […]