Tag: inequality

Is automation a threat to employment?

Is automation a threat to employment?

Did you know that 85% of jobs that will exist in 2030 haven’t been invented yet? As automation reshapes our workforce, it’s crucial to understand its impact.

Automation isn’t new – it’s been transforming industries since the Industrial Revolution. But today’s rapid advancements in AI and robotics are taking it to a whole new level. From self-driving cars to AI-powered customer service, automation is touching every sector. Sure, it brings benefits: increased productivity, better quality control, and safer working conditions. But it also raises concerns about job loss and growing inequality.

So, what does this mean for your career, especially in […]

World History – 1400 to Present

World History – 1400 to Present

from class:

Definition

Automation is the use of technology to perform tasks with minimal human intervention, often leading to increased efficiency and productivity. This process can involve mechanical, electrical, or computer-based systems to carry out repetitive tasks that were traditionally done by humans. In the context of inventions and mechanization, automation represents a significant shift in how work is performed, transforming industries and altering the labor landscape.congrats on reading the definition of automation. now let’s actually learn it. ok, let’s learn stuff 5 Must Know Facts For Your Next Test> Automation gained momentum during the Industrial Revolution as […]

Business Ethics in Artificial Intelligence

Business Ethics in Artificial Intelligence

from class:

Definition

Universal Basic Income (UBI) is a financial system in which all citizens receive a regular, unconditional sum of money from the government, regardless of other income sources. This concept aims to provide economic security and reduce poverty, especially in an era increasingly affected by automation and artificial intelligence, which can significantly impact employment and job markets.congrats on reading the definition of Universal Basic Income. now let’s actually learn it. ok, let’s learn stuff 5 Must Know Facts For Your Next Test> UBI can serve as a safety net for individuals who lose their jobs due […]

Explore Booksellers suggests titles built around work and reading some classics

Explore Booksellers suggests titles built around work and reading some classics

Explore Booksellers staff picks Each week as part of SunLit — The Sun’s literature section — we feature staff recommendations from book stores across Colorado. This week, the staff from Explore Booksellers in Aspen recommends an examination of AI and two books about reading foundational and forbidden literature. A World Without Work

By Daniel Susskind
Picador
$18 May 2021 Purchase From the publisher : For all the general anxiety about computers taking people’s jobs, economists have long been optimistic about technology’s impact on employment. Historically, new inventions have always complemented human labor, helping rather than hurting […]

Essays on Automation and Labor Markets

The evolutionary dynamics of labor markets due to technology are an undeniable aspect of capitalism. Recent theoretical and empirical literature has particularly highlighted the impact of technological change on the demand for various types of workers and the resulting shifts in workforce composition. However, the evidence is less conclusive regarding the effects of technology on overall employment and, to some extent, inequality. Establishing a clear direction of labor adjustments is challenging, as its effects depend on specific technologies, historical contexts, and prevailing institutional factors.

This thesis addresses these issues by emphasizing the distinct roles of various technologies in shaping labor […]

Manufacturing jobs have recovered, but not everywhere

Manufacturing jobs have recovered, but not everywhere

Manufacturing employment has rebounded nationally, but growth is concentrated in the Sun Belt and Mountain West, while the Rust Belt continues to rust.

By August Benzow and Connor O’Brien

Manufacturing employment in the United States has surpassed its pre-pandemic levels, the first time since the 1970s that the sector has regained all the jobs it lost in a recession. Yet its recovery lags behind job growth in other sectors of the economy and masks large regional disparities.In nearly half of the country’s states — and fully half of all counties — manufacturing employment has not yet rebounded to 2019 […]

Automation from the Worker’s Perspective: How can new technologies make jobs better?

Automation from the Worker’s Perspective: How can new technologies make jobs better?

1 Introduction

Sam Sayer worked in factories for years before he ever saw a robot. Now, in a red beard and zombie t-shirt, he’s teaching his colleagues on the factory floor how to use them [ 1 ]. Sayer is one of a growing group of employees at a New Hampshire cutting tool manufacturer who have become champions of the automation transforming their jobs. In recent years, Sayer’s employer has scaled advanced technologies across the company. Robots and advanced machines are distributed throughout their factories, working alongside employees to make them faster and freeing workers up to solve problems […]

Periodic Labour Force Survey (PLFS) Report 2023-24

Periodic Labour Force Survey (PLFS) Report 2023-24

For Prelims: National Statistical Office (NSO) , Periodic Labour Force Survey (PLFS) , Formal Jobs , Reverse Migration , Informalisation , Automation , Digitisation , Goods and Services Tax (GST) , MSMEs , Green Jobs .

For Mains: Status of employment in India, Challenges associated with creation of formal jobs.

Source: BS Why in News? Recently, the National Statistical Office (NSO) released the annual Periodic Labour Force Survey (PLFS) report 2023-24 , showing the unemployment rate stagnated at 3.2% that raises concerns about the inability to generate enough formal jobs . What are the Key Highlights of […]

Why wait until the robots take our jobs? We need a basic income now

Why wait until the robots take our jobs? We need a basic income now

Visitors attend Tokyo Robot Week in September, where the latest AI and robot tech is showcased | David Mareuil/Anadolu/Getty Images. All rights reserved In recent years, one of the most popular arguments for universal basic income (UBI) – a regular cash payment delivered to every individual with no work requirement or means test – has been the fear that automation and artificial intelligence (AI) will someday take our jobs. This, it’s argued, will cause massive unemployment and make UBI a virtual necessity – so we better get cracking.

This argument is often portrayed as the automation argument for UBI, but […]

Automation’s Impact on Jobs and Future Societies

Automation's Impact on Jobs and Future Societies

YouTube Video Thumbnail Explore the debate on automation replacing jobs, featuring John Danaher on potential societal changes, virtual futures, and ethical considerations.

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This article has been created using the same AI that powers Gistly AI. You can copy it and easily use on your website or blog. The Impact of Automation on Work: Navigating a Future with Robots In today’s rapidly evolving technological landscape, the question of how automation will affect the workforce is more pertinent than ever. As industries increasingly integrate robots and artificial intelligence, the future of work stands at a critical juncture. This blog post […]