Tag: inequality

Workplace Robots To Hit Low Paid The Hardest

Workplace Robots To Hit Low Paid The Hardest

Bad robot? Increasing automation must not drive workplace wage inequality, think tank warns

The government is being warned by a leading think tank that robots and workplace automation must be carefully managed, if predictions of mass unemployment and economic disruption are to be avoided.

According to the Institute for Public Policy Research , the government specifically needs to intervene to stop automation driving up wage inequality, although it did state that automation will ‘significantly increase productivity’ and that jobs would be reallocated, rather than lost.The report comes amid a debate over the future where artificial intelligence (AI) , robots, and increasing […]

Automation risks exacerbating income inequality across UK, think tank warns

Automation risks exacerbating income inequality across UK, think tank warns

On the back of the report’s findings, the IPPR is calling on the Government to manage automation so that the benefits and threats to the labour market of the future are balanced A rise in automation across a slew of industries could widen an already stubborn gap between the incomes of the UK’s richest and poorest, a new report compiled by the Institute for Public Policy Research has warned.

In the study, the IPPR argues that the total level of wages associated with jobs that have the technical potential to be automated in the UK is around £290bn annually. That […]

Rise of robots could cost nearly HALF of British jobs with workers in catering, retail and agriculture likely to be hardest hit, report finds

Rise of robots could cost nearly HALF of British jobs with workers in catering, retail and agriculture likely to be hardest hit, report finds

Nearly half of British jobs are at risk of being taken over by robots, a report warned last night.

Technological advances mean 44 per cent of current roles could be automated, the Institute for Public Policy Research (IPPR) think-tank found.

Employees working in catering, retail and agriculture are most under threat by the march of machines.Scroll down for video Nearly half of British jobs are at risk of being taken over by robots, a report warned last night. Technological advances mean 44 per cent of current roles could be automated, the Institute for Public Policy Research think-tank found, with catering, retail […]

Don’t fear the rise of the robots: automation will be good for your jobs, think-tank says

Don't fear the rise of the robots: automation will be good for your jobs, think-tank says

Embracing automation is vital in order to drag UK productivity out of the doldrums Credit: REUTERS Embracing greater automation is vital to reap the full productivity benefits offered by technology and offer much-needed wage rises, the IPPR think tank has said.

An “accelerated trajectory” of automation could raise productivity growth by as much as 1.4pc each year, boosting GDP by 10pc by 2030.

This comes as UK GDP growth was downgraded by the Office for Budget Responsibility following seven years of productivity levels failing to meet expectations. Jobs for robots | How the rise of automation is taking hold Premier […]

Universal Basic Income – More than just fighting robots

Universal Basic Income - More than just fighting robots

Robots and artificial intelligence (AI) are here to stay. They’ll only become more and more efficient and intelligent. It’s not unnatural to ask the question: will these robots make us all redundant one day? Only time can tell how the future unfolds. The question to ask now is: what to do?

After World War II, it became a necessity for housewives to join the labour force. Mass education disturbed traditional professions and way of life. As children of farmers and artisans got educated, they entered their parents’ profession less and less. As a necessity, these sectors became mechanised and slowly […]

Universal Basic Income – More than just fighting robots

Universal Basic Income - More than just fighting robots

Robots and artificial intelligence (AI) are here to stay. They’ll only become more and more efficient and intelligent. It’s not unnatural to ask the question: will these robots make us all redundant one day? Only time can tell how the future unfolds. The question to ask now is: what to do?

After World War II, it became a necessity for housewives to join the labour force. Mass education disturbed traditional professions and way of life. As children of farmers and artisans got educated, they entered their parents’ profession less and less. As a necessity, these sectors became mechanised and slowly […]

Automation and job loss statistics

Automation and job loss statistics

Mar 24, 2017 Up to around 30% of existing UK jobs are susceptible to automation from robotics and Artificial Intelligence (AI) by the early 2030s, but in many “The UK employment rate is at its highest level now since comparable records began in 1971, despite all the advances in digital and other labour-saving Dec 2, 2016 The US did indeed lose about 5. Are we facing a future of stagnant income and worsening inequality? Artificial intelligence could dramatically improve the economy and aspects of everyday life, but we need to invent ways to make sure everyone benefits. The topic […]

Robots can set us free and reverse decline, says Labour’s Tom Watson

Robots can set us free and reverse decline, says Labour's Tom Watson

Labour’s Tom Watson will call on society to “embrace an android” as he argues that the rise of automation in the workplace need not cause mass unemployment and should instead be welcomed.

The party’s deputy leader will make the comments at the launch of the final report of the Future of Work Commission, which has concluded that people should not fear the “march of the robots”.

Instead, it claims that if government investment is sensibly targeted, the technological revolution has the potential to reverse the UK’s economic decline and create as many jobs as it destroys.Watson, who convened and co-chaired the […]

‘No job is safe’ Expert says robots will spark GLOBAL migration and unemployment crisis

‘No job is safe’ Expert says robots will spark GLOBAL migration and unemployment crisis

JOBS: The rise in automatons could spark a global employment and migration crisis Top UK lawyer Monica Atwal said the automaton will soon be widespread, with workers in all fields replaced by automatons.

Ms Atwal, who is the managing partner at Clarkslegal law firm, claimed all jobs – and not just manual labour – are at risk of being done by machines.

She said this is in part because robots can work 24 hours-a-day all seven days a week, making them a hugely attractive investment for employers.She told Daily Star Online: “In all countries, people skilled in driving vehicles, flying planes, […]

Rage against the machine?

Rage against the machine?

A robotic bartender mixes cocktails for guests. New technologies promise higher productivity and greater efficiency, but they also stoke fears about their effects on jobs, skills, and wages. Photo: Reuters Intelligent machines are transforming the way we produce, work, learn, and live throughout the world. Almost every aspect of our economies will be radically altered.

Major logistics companies and individual drivers are using new technologies to optimize their route planning. Companies like BMW and Tesla have already released self-driving features in their automobiles, which are produced with the help of sophisticated robots.

The Associated Press is using artificial intelligence to help […]