Tag: inequality

AI replaceability fears bring an urgent need for people skills but not for the reasons you think

AI replaceability fears bring an urgent need for people skills but not for the reasons you think

Machines cannot feel compassion—at most, they can mimic it (primarily through advances in spoken language technology and Natural Language Processing). This highlights the importance of developing advanced people skills and communication skills. In a recent keynote presentation at IMI’s National Leadership Conference, IBM Ireland General Manager, Deborah Threadgold, shared insights around the profound impact of AI in the workplace.

Drawing on IBM’s own digital transformation journey, Threadgold noted how the integration of self-service solutions and AI technologies like chatbots has allowed IBM to streamline HR processes, such as identifying gaps in employee readiness for promotions or handling out-of-policy expense claims—tasks […]

AI and Automation: Challenges and Solutions

AI and Automation: Challenges and Solutions

AI And Automation One important trend of our day is the fact that AI and automation are incorporated into the workforce, altering both the nature of work and the skills, structures, and dynamics that uphold it. We are moving further into the technology revolution. Hence understanding its full implications is becoming increasingly important. Besides the ethics issues they raise, this article also explores the considerable effects of AI and automation on employment positions and the skills required . There will also be ten key areas that must be addressed immediately to optimize human potential and ensure that everyone has […]

What will artificial intelligence mean for your pay?

What will artificial intelligence mean for your pay?

Around a decade ago Carl Benedikt Frey and Michael Osborne, two economists, published a paper that went viral. It argued that 47% of American jobs were at risk of automation. A deluge of research followed, which suggested the poorest and least-educated workers were most vulnerable to the coming revolution. Such fears have intensified as artificial-intelligence (ai) capabilities have leapt ahead. On November 2nd, speaking after Britain’s ai summit, Elon Musk predicted: “There will come a point where no job is needed.” Yet at the same time, economists have become more optimistic . Recent studies have found that fewer workers […]

The Future of Work Adapting to the Era of Automation

The Future of Work Adapting to the Era of Automation

Title: The Future of Work: Adapting to the Era of Automation In the wake of the Fourth Industrial Revolution, characterized by rapid technological advancements and automation, the landscape of work is undergoing a profound transformation. Machines powered by artificial intelligence and robotics are increasingly capable of performing tasks that were once the exclusive domain of human workers. As we stand on the precipice of this new era, the future of work is a topic of intense debate and speculation. This essay explores the challenges and opportunities presented by automation, examining how societies and individuals can adapt to this evolving […]

A.I. job postings as a share of all job postings

A.I. job postings as a share of all job postings

Digital workers The entertainment industry has long churned out movies and television shows about machines equipped with artificial intelligence taking over—and destroying—humanity. But this past July, when actress Fran Drescher told the crowd at a press conference that “we are all going to be in jeopardy of being replaced by machines,” it was not part of a science fiction script.

Drescher, who is also president of the Screen Actors Guild-American Federation of Television and Radio Artists, was announcing the beginning of the union’s long-anticipated strike. SAG-AFTRA was joining the Writers Guild of America—an organization of unions representing writers in film, […]

How are traditional labor movements affected by automation?

How are traditional labor movements affected by automation?

Traditional labor movements are affected by automation in various ways. Labour unions have incentives to protect incumbent workers who are negatively affected by automation, which can neutralize the positive effects of automation on new hires of junior and unskilled production workers. Automation displaces employment and reduces labor’s share of value-added in the industries where it originates, but these own-industry losses are reversed by indirect gains in customer industries and induced increases in aggregate demand. Automation may induce productivity gains, increase market demand, and the scale of production, which can in turn increase labor demand. The joint impact of the […]

The Future of Artificial Intelligence: A Glimpse into 2024

The Future of Artificial Intelligence: A Glimpse into 2024

Welcome to the future, where science fiction is rapidly becoming science fact! Imagine a world brimming with limitless possibilities and dazzling innovations, all fueled by the boundless potential of Artificial Intelligence (AI). As we stand on the cusp of 2024, it’s time to take an awe-inspiring glimpse into what lies ahead for this ever-evolving field. Join us as we embark on an exhilarating journey through mind-boggling advancements, profound societal changes, and breathtaking breakthroughs that will redefine our existence. Buckle up – because the future of AI is here and ready to blow your mind! Introduction

Artificial Intelligence (AI) has […]

How will artificial intelligence and automation affect the future of labor market business models?

How will artificial intelligence and automation affect the future of labor market business models?

Artificial intelligence (AI) and automation will have a significant impact on the future of labor market business models. On one hand, AI and automation technologies have the potential to replace many jobs, particularly those that involve repetitive tasks, leading to concerns about "machine substitution" unemployment. However, it is important to note that certain human qualities, such as intuition and empathy, are still difficult for AI to imitate, and with the increase in human resource skills, humans who adapt will not be replaced by machines but rather work alongside them. Additionally, while AI and automation may displace some workers, they […]

The Dark Side of Automation Revealed

LastWeekTonight Table of Contents

> Introduction

The Impact of Automation on Jobs The Fear of Job Loss The Shift Towards Automation The Role of Technology in Job Transformation Automation in Manufacturing Job Creation in the Tech Industry The Complications of Automation Unequal Distribution of Job Opportunities Challenges for Displaced Workers Strategies for Adapting to Automation Retraining and Education Programs Embracing Episodic Careers The Role of Government in Addressing Automation Funding for Retraining Programs Support for Displaced Workers Conclusion The Impact of Automation on Jobs In today’s rapidly advancing technological landscape, the impact of automation on jobs has become a […]

The Digital Age & Automation: The Future of Work Explained.

The Digital Age & Automation: The Future of Work Explained.

The digital age and automation are transforming the way we work. As technology advances at an unprecedented rate, it’s crucial to understand how these changes reshape the employment landscape. In this blog, we will explore the impact of the digital age and automation on the future of work, dissecting the various aspects that make this topic so important. The Digital Age: A Transformation of Work

The digital age, characterized by the rapid development and widespread use of information technology, redefines how work is conducted. From cloud computing to smartphones and the Internet of Things, digital tools have become […]