Robots Portend Grim Future for Working Class: Viewpoint

Robots Portend Grim Future for Working Class: Viewpoint

Email This Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared:

“The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do.”

Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are investigating the question of what work will look like in a […]

Tech advances will make life grim for the working class

Tech advances will make life grim for the working class

Marc Andreessen, venture capitalist and one of the pioneers of the World Wide Web, once declared: “The spread of computers and the Internet will put jobs in two categories: people who tell computers what to do, and people who are told by computers what to do.”

Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are investigating the question of what work will look like in a world filled with […]

Robots Are Poised to Make Life Grim for the Working Class

Robots Are Poised to Make Life Grim for the Working Class

Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared : The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do. Andreessen has since repudiated this declaration, and taken a more optimistic stance. But economists, a more pessimistic bunch, are taking the possibility of this sort of bifurcated future more seriously. As machine-learning technology enjoys rapid progress, more top researchers are investigating the question of what work will look like in a world […]

Policy cannot afford to be reactive to the automation revolution

Policy cannot afford to be reactive to the automation revolution

Columnists

If jobs considered safe by today’s standards become obsolete – then what? When technology doesn’t just replace human labour, but human thought too, entire professions stand to be affected. Picture: Waldo Swiegers/Bloomberg Change is the intrinsic feature of the Fourth Industrial Revolution (4IR); the scale and pace are extraordinary, and it will be disruptive.

Historically, as technology advanced, labour-intensive sectors in the United States were affected through job losses and sector declines.Despite this uncomfortable scenario, there is a strong argument to be made that South Africa still has time to bootstrap itself and shape its future.Throughout history, countries […]

With artificial intelligence and automation, how many Kiwi jobs are on the line?

With artificial intelligence and automation, how many Kiwi jobs are on the line?

There are widely varying estimates of the job-destroying potential of AI and automation. Illustration / Getty Images The job-destroying potential of artificial intelligence and automation has created much angst around the fast-evolving technology.

Internationally, various studies have predicted that up to half of all existing jobs could be rendered obsolete by algorithms and robots in the coming decades.

But what about the local situation? How will we be affected and what industries and regions are likely to be hit hardest?Much needed research into the issue is starting to emerge, but the widely varying estimates on the job-destroying potential of AI […]

Real estate news bot writing home sales stories in Sweden

Real estate news bot writing home sales stories in Sweden

Some of the most-read real estate articles published by Swedish local news publisher MittMedia are completely inhuman: They were written by a robot.

Okay, not some bulky android bashing on a keyboard – we’re talking about an artificial intelligence program called Homeowners Bot that, since 2016, has been churning out a short story about every home sale in the communities in Northern Sweden where MittMedia owns more than a dozen local newspapers.

“We know that when a house gets sold in a small village, it can be super interesting for the people who live there, but maybe not interesting at all […]

Enough With Estimations, Focus On How To Face Consequences Of Layoffs Due To Automation

Enough With Estimations, Focus On How To Face Consequences Of Layoffs Due To Automation

Layoffs Due To Automation: Estimations Pouring In, But What About Facing Consequences? Yes, the technology is advancing. Yes, the wave of automation coming. Yes, there will be job cuts. Yes, they will be immense. Every research firm and experts have been estimating that there be an enormous amount of job cuts due to automation in next few years and decade in different fields including manufacturing, BPO, automobile, and others. There are long-held discussions and debates on discussion forums and online platforms such as Reddit about how automation would replace labor and enhance the production capacity. It seems that there […]

Missing in the future of jobs debate: the elasticity of human needs

Missing in the future of jobs debate: the elasticity of human needs

There is a lot of debate on whether Industry 4.0 with a strong underpinning of artificial intelligence (AI) and machine learning is going to result in large-scale unemployment. This seems a bit odd because neither technology nor automation is a 21st-century phenomenon! They are as old as humanity itself, and if this appears an exaggeration, then they are at least as old as the industrial revolution at least.

The battle between man and machines goes back centuries. At one point of time, the worry was what would happen if spinning machines replaced weavers and if steam engines took the place […]

Automation vs jobs

Brown published: Automation vs. Sep 15, 2017 · The fear of robots replacing jobs is real — consider self-checkout kiosks and self-driving trucks. Experience strongly influences income for this job. S. Jobs. com/cgpgrey ## Robots, EtcStudents searching for Automation Technician: Job Description, Duties and Requirements found the links, articles, and information on this page helpful. Salary Comparisons: Which profession earns more software testing Test Automation YouWorth allows anyone to import LinkedIn skills and track their job …Since the turn of the century, the global recession has affected most businesses, including industrial automation. The skills that increase pay for this […]

Don’t blame Harley-Davidson for making a smart business decision

Don't blame Harley-Davidson for making a smart business decision

I ride motorcycles. I’m partial to Harley-Davidson motorcycles because I’m from Wisconsin, home of the company’s headquarters, but also because I have fond memories of riding my Harley with many friends, when I was a member of Congress, during the annual Rolling Thunder event in Washington to honor military veterans.

I understand Harley-Davidson’s recent decision to move production of its motorcycles for sale in the European Union to plants outside the United States.

It wasn’t a surprise — that’s what just about any company would do when faced with a 25 percent tariff imposed by the E.U. in response to President […]