Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Robot revolution is coming to a town near you

Robot revolution is coming to a town near you

We have lived with robots in various forms for a while, but the robot revolution is coming, and Britain’s business lobby smells opportunity.

The problem is that around one in five UK jobs threatened by automation, so the Confederation of British Industry (CBI) has urged Theresa May to launch a commission to examine the impact of Artificial Intelligence (AI) on productivity.

The captains of industry want the commission to start as early as the beginning of next year, and to identify new ways of increasing productivity and economic growth.Accountancy firm PwC warned in March that more than 10 million workers may […]

Automation: work, inequality, skills and jobs

Automation: work, inequality, skills and jobs

> Automation: inequality & skills Azeem Azhar, Exponential View Sign up to Exponential View at www.exponentialview.co @azeem Presentation to All Party Parliamentary Group on AI, 16/10/2017

www.exponentialview.co …in all markets -20 -15 -10 -5 0 Spain Italy RepublicofKorea UnitedStates Japan Australia Canada Germany France UnitedKingdom Changes in labour shares in G20 countries (plus Spain) — Advanced economies 1970-2014 Source: The Labor Share in G20 Economies, International Labor Organization, OECD, 2015

www.exponentialview.co Leading to huge value per employee in superstar firms Source: Exponential View Analysis 0 7.5 15 22.5 30 GM Microsoft Facebook www.exponentialview.co And the trend […]

Lessons from history for the future of work

Lessons from history for the future of work

Children working in a cotton mill in Macon, Georgia, in January 1909. Today is not the first time that people have worried that machines will render human labour obsolete, making a few very rich and the majority very poor.

Since the Industrial Revolution, mechanization has been controversial. Machines pushed up productivity, raising incomes per capita. But they threatened to put people out of work, to lower their wages and to divert all the gains from growth to the owners of businesses. The stocking-frame operators of Nottingham, UK (the Luddites), wrecked improved knitting machines that threatened their jobs. Mobs burnt down […]

Commentary: The future of work – new underclass, dystopian reality?

Commentary: The future of work – new underclass, dystopian reality?

SINGAPORE: The dust will take decades to settle on the key issue of precisely how much technology and artificial intelligence (AI) will displace human labour.

But it is already clear the coming decades will see a sizeable proportion of jobs worldwide threatened and substituted by automation, machine learning, or a combination of both.

It is increasingly apparent too that jobs commonly reckoned to be “safe” at present may in fact be candidates for an AI takeover, with many knowledge workers themselves candidates for displacement.Research by McKinsey from 2015 suggests that current technologies alone could automate 45 per cent of the activities […]

Developing countries left behind by automation, research suggests

Developing countries left behind by automation, research suggests

A substantial amount of jobs in developing countries are at risk of automation. At a time in which we as a society are making great strides with automation technology, the question looms of how this will affect jobs.

It’s important not to generalise too much about the effect automation will have either directly or indirectly, as to do so would be failing to consider the unique factors in each population that will mediate these effects.

A 2016 report published by the Oxford Martin programme on technology and employment in conjunction with Citi explains that countries such as Ethiopia (85pc), India (69pc), […]