If you’ve been paying attention to the news at all, you would think that the coming artificial intelligence revolution was a foregone conclusion, but many of these pronouncements tend to give a cursory acknowledgment of the ethics of artificial intelligence as if these are simply academic exercises that have no real bearing on the development of AI.
Those on the cutting edge of AI development know better. Autonomous vehicle makers are carefully managing the roll-out of autonomous vehicles knowing full well that a hasty introduction of these systems could lead to a public backlash that can shut the whole thing […]
A proactive approach to the changing business environment will benefit organisations and adapt to the change. Organisations in general, and HR departments in particular, will need to re-examine the way resources are deployed, and potentially invest in new skills for jobs that currently do not exist. Picture: Shutterstock The world as we know it is on the brink of a revolution, driven by emerging technologies that are set to fundamentally alter our lives in unprecedented and unanticipated ways. This shift to Industry 4.0, also known as the fourth Industrial Revolution, hinges off the increasing pervasiveness of digitisation.
Printing company foresees robot in Indiana benefitting from Illinois $15 minimum wage
The owner of a growing book printing company faces a greater threat from out-of-state competitors thanks to lawmakers in his home state. Calls for a $15 minimum wage and progressive tax could hurt his workers and business in southern Illinois.
Rick Lindemann started working for Total Printing Systems as a child, but now owns the book printing company and has grown it after buying out his parents in 2016.Since becoming the owner, he added 10 employees, bringing the total to 57 at two locations in Newton, Illinois. He […]
Created by me using Adobe Illustrator. Maciej DUraj Robotic Process Automation (RPA) is allowing businesses to automate certain mundane tasks and business processes with the aid of machine learning algorithms and robotics. The way it works is that computer software or a robot can watch the way employees interact with a GUI and later emulate these actions in an automated process.
There are clear advantages of this approach and many CIOs are jumping on the bandwagon and implementing RPA in their companies workflows. For one, robots can always be on and do not need to leave the office or sleep. […]
It’s always intriguing to consider what we would tell our younger selves if we could travel back in time, and offer decades of experience and directional guidance that might change our trajectory in life. After providing some investment advice and a much-needed dating and personal grooming tip or two, I’d probably encourage my college-age self to pay a bit more attention to my studies outside technology and business.
As I look back over my career, beyond general concepts, I’ve used almost nothing from my dozens of programming and technical classes, yet I’m surprisingly confronting questions that draw on everything from […]
Workers should have a say in the future of their jobs Close What will the future of work look like? It is a question that is being asked by many people — not just by economists, but by political scientists, labor organizers and everyday people alike. The reason for the popularity of this question has to do in part with what we see happening to labor in the marketplace. Go to a Walmart around here and you will find multiple self-checkout kiosks where you input the items you want to purchase through a scanner instead of employees scanning […]
Workplace automation meets brain drain and ageing populations: In Eastern Europe, the ‘Fourth Industrial Revolution’ will fundamentally transform job markets in the future – yet studies suggest that the effects may have surprisingly positive effects.
Brain Drain: It’s a term that has taken some momentum across a number of countries as officials consider how to retain young talent within their countries.
From fearing that Brexit might send talent running for the bright job markets and open borders of the European Union, to employers reportedly being forced to hike up wages in Eastern Europe as a last-ditch attempt to retain staff, it’s […]
One of the most contentious debates in technology is around the question of automation and jobs . At issue is whether advances in automation, specifically with regards to artificial intelligence and robotics, will spell trouble for today’s workers. This debate is played out in the media daily, and passions run deep on both sides of the issue. In the past, however, automation has created jobs and increased real wages.
A widespread concern with the current scenario is that the workers most likely to be displaced by technology lack the skills needed to do the new jobs that same technology will […]
Technology is spreading throughout the workforce, leaving many people without jobs. Getty Images967522166 Companies are adopting emerging technologies wildly throughout the industry, but for Arizona, it is hard to ignore how much it is growing.
Intel’s $7 billion chip plant is going up in Chandler and Axon is bringing talent from Silicon Valley to Scottsdale to keep up with growing demand. Meanwhile, startups are also flocking to the area as well, the San Francisco Chronicle reports.
Even though innovation is taking place throughout the state, the vast majority jobs are still in workaday service industries, such as health care, hospitality, retail […]
47 Pages Posted: 18 Mar 2017 Last revised: 28 Mar 2018 Abstract
Do industries shed jobs when they adopt new labor-saving technologies? Sometimes productivity-enhancing technology increases industry employment instead. In manufacturing, jobs grew along with productivity for a century or more; only later did productivity gains bring declining employment. What changed? Markets became saturated. While the literature on structural change provides reasons for the decline in the manufacturing share of employment, few papers can explain both the rise and subsequent fall. Using two centuries of data, a simple model of demand accurately explains the rise and fall of employment […]