Study: Automation Will Hurt Manufacturing-Heavy Midwest

Study: Automation Will Hurt Manufacturing-Heavy Midwest

Manufacturing-heavy states in the Midwest will be hit hardest by the rise of artificial intelligence (AI) and automation for lower-skilled jobs, according to a new study by Brookings Institution researchers.

Reuters reported that automation technology’s melt into middle-wage jobs like construction, office work, truck driving and even food prep and food service will see more and more jobs displaced by computer technology.

Certain states will be heavily affected, like Indiana, Kentucky, South Dakota, Arkansas and Alabama. Wisconsin, Iowa and Ohio, which are heavy manufacturing states, will be the hardest hit.States like New York and Maryland have only a fifth of […]

Spread of artificial intelligence to hit Midwest hardest, study finds

Spread of artificial intelligence to hit Midwest hardest, study finds

WASHINGTON • The Midwestern states hit hardest by job automation in recent decades, places that were pivotal to President Donald Trump’s election, will be under the most pressure again as advances in artificial intelligence reshape the workplace, according to a new study by Brookings Institution researchers.

The spread of computer-driven technology into middle-wage jobs like trucking, construction, and office work, and some lower-skilled occupations like food preparation and service, will also further divide the fast-growing cities where skilled workers are moving and other areas, and separate the high-skilled workers whose jobs are less prone to automation from everyone else regardless […]

Automation will change every job, but only 25% are on the chopping block

Automation will change every job, but only 25% are on the chopping block

Coming for a job near you. Automation is coming, but not for everyone. Researchers at the Brookings Institution estimate just 25% of occupations in the US—in production, food service, and transportation—are at “high risk” for losing jobs from the advance of automation. “Automation is not the end of work,” said Mark Muro, policy director for the Brookings Institution’s program on urban economies and co-author of a study published Jan. 24.

Most occupations will see specific tasks assumed by machines, but much of their labor will likely be enhanced, rather than fully replaced, through automation, the study found. That’s because automation […]

Technology and robots will shake labour policies in Asia and the world

Technology and robots will shake labour policies in Asia and the world

Developing countries must begin seriously considering how technological changes will impact labour trends. In the 21st century, governments cannot ignore how changes in technology will affect employment and political stability.

The automation of work – principally through robotics, artificial intelligence (AI) and the Internet of things (IoT), collectively known as the Fourth Industrial Revolution – will provide an unprecedented boost to productivity and profit. It will also threaten the stability of low- and mid-skilled jobs in many developing and middle-income countries. From labour to automation

Developing countries must begin seriously considering how technological changes will impact labour trends. Technology now […]

Davos 2019: Why do we Tech-optimists should be

Davos 2019: Why do we Tech-optimists should be

Klaus Schwab scares rarely back in front of a large comparison: After the Second world war, leaders from all over the world have met to design new institutional structures that enabled the post-war world, to work together to shape a common future, writes of the reasons of the Davos world economic forum, in its brief before the start of this year’s meeting, published the “Manifesto of Davos”. And now: The process from the time when half the world was in ruins, had to be urgently taken up again.

Carsten Knop

editor-in-chief of digital products.F. A. Z. TwitterHis justification for the severe […]

Will Technological Progress Impoverish the Poor and Working Classes?

Will Technological Progress Impoverish the Poor and Working Classes?

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This past weekend at LibertyCon , I debated Andrew Yang, a progressive candidate for the Democratic presidential nomination, about whether the U.S. should adopt a Universal Basic Income.

Yang believes there is need for a UBI because future technological progress will gradually destroy jobs for people with limited skills. This forecast has arisen for millenia, but it has consistently been wrong: Emperor Vespasian: The Roman historian Suetonius writes, of the Emperor Vespasian (69-79 AD), that someone came to him with a new, cheaper technology for transporting heavy columns to Rome. The emperor rewarded the inventor but quashed the device […]

Automation in the transition region

Automation in the transition region

Technological innovations are quickly shifting the balance between activities performed by humans and tasks performed by machines. Indeed, recent research by Frey and Osborne (2017) suggests that nearly 50% of all jobs in the US face a high risk of being automated in the foreseeable future. In developing countries the risk of automation may be even higher, with up to 70% of jobs at risk (World Bank 2016, Nedelkoska and Quintini 2018). The percentage of jobs that are at risk of robotisation and automation may be particularly high in manufacturing. In this column, we highlight the core findings on […]

63% of employment in Mexico risks being automated, they say

When analyzing the industry’s technical impact, it was found that there are three branches (wood, furniture and clothing) where more than 85 percent of employment is highly likely to be replaced by machines. The wood and furniture manufacturing industry together constitutes 5.8 percent of the manufacturing work, so the effect of their automation would be moderate.

In contrast, the development of automation in industries such as food, equipment for transportation, clothing and manufacturing of metal products is a serious threat, as they together account for more than half of the manufacturing work. And besides the food industry, the other three […]

More companies plan to increase or maintain headcount because of automation, says report

More companies plan to increase or maintain headcount because of automation, says report

Robots are progressively taking over the manufacturing duties of humans. Automation is great for profits and productivity. However, there is concern that by the middle of this century, most people might not have a job. There are concerns that robot workers are replacing human jobs. It is a rational thing to worry about given the rise of automated solutions to many tasks traditionally carried out by humans, such as self-driving vehicles, AI customer service bots and robots doing manufacturing duties.

However, according to a recent report by ManpowerGroup titled “Humans Wanted: Robots Need You” , the actual impact automation is […]

Coping with automation

Coping with automation

The final version of the World Development Report (WDR) 2019 of the World Bank released at the end of November 2018 landed like a bombshell. It was a powerful refutation of the World Bank’s own 2016 WDR, which declared that the proportion of jobs threatened by automation was 69 per cent in India and 77 per cent in China. With such startling figures, the 2016 WDR figures stunned not only India but the entire world.

True, automation based on interrelated processes of robotics, artificial intelligence (AI), internet of things (IoT) – with some secondary processes like 3D printing in manufacturing […]