Automation Risks Creating a Two-Tier Workforce of Haves and Have-Nots

Automation Risks Creating a Two-Tier Workforce of Haves and Have-Nots

Blue Planet Studio/Getty Images The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI) , is part of a growing trend of job losses globally due to various forms of automation.

This is borne out by several industry reports, including one from McKinsey Global Institute (MGI) acknowledging that as many as 800 million jobs may be lost globally due to changes in technology by 2030.

In our book Work 3.0 , the author and business adviser Avik Chanda and I contend that, due to automation as […]

How will workers be impacted by the artificial intelligence revolution?

How will workers be impacted by the artificial intelligence revolution?

Miller is a local author, professor at San Diego City College, and vice president for the American Federation of Teachers, Local 1931. He lives in Golden Hill.

Are you ready for the great disruption? According to a recent article in The New York Times, tens of millions of jobs could be automated by generative artificial intelligence. Boosters of AI are bullish on how this technology will increase productivity, but the cost for workers could be enormous.

According to The New York Times, “there will be immense instability for displaced workers. Automation has been a significant driver of income inequality in […]

Automation risks creating a two-tier workforce of haves and have-nots

Automation risks creating a two-tier workforce of haves and have-nots

The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI) , is part of a growing trend of job losses globally due to various forms of automation.

This is borne out by several industry reports, including one from McKinsey Global Institute (MGI) acknowledging that as many as 800 million jobs may be lost globally due to changes in technology by 2030.

In our book Work 3.0 , the author and business adviser Avik Chanda and I contend that, due to automation as well as newer ways […]

Automation risks creating a two-tier workforce of haves and have-nots

Automation risks creating a two-tier workforce of haves and have-nots

Workplaces could become “anti-human”: centred around technology rather than people. Credit: PaO_STUDIO / Shutterstock The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI) , is part of a growing trend of job losses globally due to various forms of automation.

This is borne out by several industry reports, including one from McKinsey Global Institute (MGI) acknowledging that as many as 800 million jobs may be lost globally due to changes in technology by 2030.

In our book Work 3.0 , the author and business adviser […]

10 Jobs that could be at risk in the future due to AI

10 Jobs that could be at risk in the future due to AI

DADO RUVICREUTERS Over the next ten years, the Bureau of Labor Statistics estimates that around 2.1 million jobs will be lost , with one of the main drivers being the growth of automation and artificial intelligence (AI) . However alarming that statistic may be, the BLS also projects the economy to add 10.4 million jobs by 2031. Together this means that the US economy will see around eight million jobs created over the next decade .

When trying to identify the ten jobs more threatened by AI, we must consider if we are talking about the total number of jobs […]

Automation risks creating a two-tier workforce of haves and have-nots

Automation risks creating a two-tier workforce of haves and have-nots

Workplaces could become “anti-human”: centred around technology rather than people. The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI) , is part of a growing trend of job losses globally due to various forms of automation.

This is borne out by several industry reports, including one from McKinsey Global Institute (MGI) acknowledging that as many as 800 million jobs may be lost globally due to changes in technology by 2030.

In our book Work 3.0 , the author and business adviser Avik Chanda and I […]

Our Thousand-Year Struggle Over Technology and Prosperity

This book by two MIT economists is very timely because the world is now dealing with the latest in the “Thousand Year Struggle,” in the form of artificial intelligence, the claims that many white-collar jobs will be automated, OpenAI’s call for regulation, and the possibility that AI will bring a further concentration of power among the big tech companies.

Much of the book sets the stage for this discussion by summarizing the history of technology. This review focuses on the economic and social impact of automation and information technology over the last 50 years. For instance, “the distribution of income […]

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

from the unexpected-optimism dept

We’ve certainly been talking a lot about the “ AI Doomers ” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income , in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly […]

Navigating AI Job Losses: Balancing Progress and Social Responsibility

In an era of rapid technological advancement, I find myself increasingly concerned about the potential loss of jobs due to automation and artificial intelligence (AI). If we reflect on the ethical considerations surrounding this issue, we are reminded of the personal implications it holds for individuals. Let’s delve into the ethical implications of "job losses" resulting from automation with empathy and a personal touch.

At the heart of this issue lies the worry of job displacement. As automation driven by AI continues to advance, I cannot help but wonder how it will impact my own job and those of individuals […]

Column-World balance sheet may need AI-style productivity leap: Mike Dolan

Column-World balance sheet may need AI-style productivity leap: Mike Dolan

By Mike Dolan

LONDON (Reuters) – Hype or hope, this year’s boom in artificial intelligence along with other productivity-enhancing tech developments may be one of few ways to sustain an increasingly fragile “global balance sheet” over coming decades.

There is little doubt about the market heat, corporate alarm and social anxieties created in the mere six months since the breakthrough in “generative AI” tools took the world by storm. What it means for jobs, productivity, profit margins and even trustworthy information dominates the debate.Even Bank of America’s strategists have taken to describing the stock market craze around it as a “baby […]