“The future of work will be determined by who yields power and for what purposes. We are in a moment of great transition — we have an opportunity to imagine what a new social contract can be,” said Sarita Gupta, executive director of Jobs with Justice and co-director of Caring Across Generations as she kicked off last Friday’s launch of J-PAL North America’s Work of the Future Initiative .
Gupta opened the confercence with a powerful call to action for participants to shift the narrative around “the future of work.” The newest initiative from J-PAL North America, a research center […]
Prompts on how to use Amazon’s Alexa personal assistant are seen as a Roomba begins cleaning a room in an Amazon “experience center” in 2018. (Reuters / Elijah Nouvelage) Apple’s Siri, Amazon’s Alexa, Netflix’s prediction of your next favorite show—we’re already living with artificial intelligence, and its adoption by the business world will only increase in coming years. We’re already hearing about AI’s potentially disastrous impact on the labor market, but how will these technological tools, designed to augment or replace human cognition, affect women?
The first-ever study to map the labor consequences of AI for women, published by the […]
Will technology take over our jobs, destabilize our society and democracy? Or can we leverage technology to amplify human purpose and potential?
Technology has created a strange new world. Cats playing piano can now get more attention than political leaders — perhaps deservedly. Artificial intelligence can now generate chillingly compelling “ fake news .” Police are having trouble pulling over Teslas whose drivers are sleeping .
But these effects are small compared with what I believe are the central questions of our time: Will all this accelerating technology — which will generate incredible productivity and wealth — also cause labor […]
Fifth Frame co-founder Jon Williams. Source: Supplied. Every prediction you have read about the future of work will be wrong.
And the impact on workers in five or 10 years’ time is not an issue for the future, has the potential to be either positive or destructive and will be a consequence of actions taken today.
While the debate about the future of work continues to get plenty of media coverage, much of it is of the alarmist ‘the robots are coming to take your job’ version. It makes for good press and interesting, populist stories.However, the predictions for the near-term […]
New report warns against taxing robots
There are increasing calls for policymakers to impose taxes on robots and other capital goods based on the faulty analysis that doing so is necessary to raise adequate government revenue, restore labor income, and remove “distortions” in the tax code.
However, a new report from the Information Technology and Innovation Foundation (ITIF), the world’s leading think tank for science and technology policy, shows that these concerns are illusory and that taxing robots would slow productivity growth, as well as growth in wages and GDP.Robert Atkinson, ITIF president and author of the report, […]
Artificial intelligence and automation will create more jobs than they replace, according to a new report entitled “The Future of Jobs” from the World Economic Forum (WEF). But the transition will likely be tough for some workers, the group warns. “Our analysis finds that increased demand for new roles will offset the decreasing demand for others,” according to the report. “However, these net gains are not a foregone conclusion. They entail difficult transitions for millions of workers and the need for proactive investment in developing a new surge of agile learners and skilled talent globally.” Among the report’s findings: […]
Even Experts cannot deny exactly how much Robots and AI Technology will change our Workforce.
In today’s era, there’s little in the world of work that can’t be done by computers, either now or in the foreseeable future. Machines have been doing many things more precisely than humans for all sorts of industries from farming [Autonomous tractors] to retail [Amazon’s warehouse robots].
Even the tasks we used to think as ‘safe’ from Machines, such as those involving quintessentially human traits like empathy and creativity, are slowly becoming things computers might one day do.Robotics and machine learning [AI] have improved productivity and […]
Workers at a MNREGA construction site. | HT Photo When the next government takes over, it will have to attend to multiple challenges. Before we discuss those, however, we need to talk about an overarching challenge that is at the heart of any discussion involving India’s future – employment generation.
If the economy produces the kinds of decent jobs that Indian youth are struggling to find right now, the ramifications will be massive and positive. India could end extreme poverty, reduce inequality and achieve upper-middle-income country status. The table below provides the World Bank’s income classification. India’s gross national income […]
The American economy accelerated nicely in the middle of last year. A Two Percent Economy no more! Well, at least for a bit. Economic growth now seems to be reverting to the humdrum pace seen over most of the post-Financial Crisis recovery. (The Trump White House, it should be noted, sees things more optimistically .) The combo of slower labor force growth and productivity growth means the economy’s growth potential isn’t what it once was.
But maybe artificial intelligence can accelerate economic growth on a sustained basis by boosting productivity growth. In their 2018 paper, “ AI and the Economy […]
The American economy accelerated nicely in the middle of last year. A Two Percent Economy no more! Well, at least for a bit. Economic growth now seems to be reverting to the humdrum pace seen over most of the post-Financial Crisis recovery. (The Trump White House, it should be noted, sees things more optimistically .) The combo of slower labor force growth and productivity growth means the economy’s growth potential isn’t what it once was. I.P. Park, president and chief technical officer for LG Electronics, speaks on artificial intelligence during a keynote address at the 2019 CES in Las […]