We Need to Prepare for the 5G Jobs Apocalypse

We Need to Prepare for the 5G Jobs Apocalypse

My taxi driver in San Diego had a plan. He was moving to Laredo to get back into long-distance trucking. He’d work hard for 10 years, save a couple of hundred grand, and retire to Mexico. I did the math: that put him around 2028. He might just make it before all the trucking jobs go away .

At Qualcomm last week, Cristiano Amon, president of Qualcomm CDMA Technologies, extolled the virtues of the upcoming "5G economy," painting a picture of autonomous vehicles, smart cities, and ubiquitous augmented and virtual reality.

ADVERTISING inRead invented by Teads "It’s going to be […]

Manufacturing Support: The Industrial Sector In The Trump Era

Manufacturing Support: The Industrial Sector In The Trump Era

After his inauguration, Donald Trump rode into the White House on a wave of manufacturing support. In a September 2016 debate , Trump claimed that the US was “losing jobs to other countries at a higher rate than ever” as a result of trade deal after trade deal with foreign powers, promising to bring back manufacturing jobs and save the floundering sector. In a June 2016 speech , he used the words of George Washington, Alexander Hamilton, and Abraham Lincoln to cast the manufacturing sector as the lifeblood of the American nation. It was a powerful appeal to his […]

Haunted by a future work shortage, Europe grapples with robots laws

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A growing number of policymakers, lawyers and economists in Europe are beginning to face up to the job-eating threat of automation, with the Finnish government trialling a basic monthly income for the unemployed, while French socialist candidate Benoit Hamon has given a tax on robots a policy platform in his presidential campaign.

Proposals to give robot workers legal status and make their owners pay social security for them were debated – and ultimately rejected – by MEPs last week. However, they did back an ethical framework for robot development and deployment and liability for the actions of robots, including self-driving […]

Workforce automation

Workforce automation

Photo Courtesy of I4U News Jose Rodriguez
CONTRIBUTOR

Automated systems are part of our everyday life workforce, from manufacturing to self-checkouts in a supermarket. The implementation of said systems replaces human workforce members, generating worries each time new technologies are introduced.
Recently Amazon introduced its new convenience store “Amazon Go,” which is said to open early this year in Seattle, Washington. This store promises to provide shoppers with a simple shopping experience without lines, check-outs or registers, all thanks to machine learning, computer vision and artificial intelligence according to Amazon.As these new technologies are introduced, questions and fears about the future […]

Could Bill Gates, Elon Musk, and Stephen Hawking all be wrong? Yes

Could Bill Gates, Elon Musk, and Stephen Hawking all be wrong? Yes

quotes Bill Gates, Elon Musk and Stephen Hawking as he warns There’s a rising chorus of concern about how quickly robots are taking away human jobs. He also cites an Oxford U. study In 2013, policy makers largely ignored two Oxford economists who suggested that 45% of all US jobs could be automated away within the next 20 years. But today that sounds all but inevitable. Gates, Musk and Hawking are the smartest humans in the world and I have cited them early and often in my innovation blogs and books. But, no disrespect, but none of them is […]

Cuban: Trump can’t stop rise of the robots and their effect on U.S. jobs

Cuban: Trump can't stop rise of the robots and their effect on U.S. jobs

Add Mark Cuban to the list of tech visionaries exhorting the need to address the advance of robotics and artificial intelligence.

"Automation is going to cause unemployment and we need to prepare for it," Cuban posted on Twitter with a link to an essay about the rise of robots in the workplace.

Employment and jobs have been a hot topic recently with President Trump’s emphasis on getting U.S. corporations to focus on jobs at home and his plans of tightening of trade and immigration policies to foster job growth. Automakers including Fiat Chrysler, GM and Ford, as well as Intel and […]

What will we do when everything is automated?

What will we do when everything is automated?

Image by : opensource.com Recently, I came across a study the caused me to think beyond the day-to-day world of code-slinging in which I live. According to the study Myth and the Reality of Manufacturing in America (PDF), conducted by Center for Business and Economic Research at Ball State University in Indiana: "Almost 88% of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories." Just translate the term "productivity of American factories" into the word "automation" and you get […]

Rise of Robots: Boon for Companies, Tax Headache for Lawmakers

Rise of Robots: Boon for Companies, Tax Headache for Lawmakers

European lawmakers are grappling for answers to a question that until recently seemed like the stuff of science fiction: If robots take our jobs, who will pay taxes?

In an age of unprecedented technological change occurring at a faster rate than the Industrial Revolution, concerns over the growing robotization and automation of work have prompted fears about mass unemployment and plummeting tax revenue in the near future, pitting companies and robotics manufacturers against lawmakers and worker advocates.

The issue is taking on new urgency ahead of a Feb. 16 vote before the EU Parliament’s Legal Affairs Committee on whether to create […]

Bill Gates Wants To Tax Job Stealing Machines While Swiss Robots Protest

Bill Gates Wants To Tax Job Stealing Machines While Swiss Robots Protest

Artificially intelligent machines are set to smash the job market in the next 15 years and take tens of millions of jobs currently being done by humans and Bill Gates think those robots should pay taxes.

The tax on job stealing robots would be levied against the businesses that employ them and used to retrain humans who have been displaced in the workforce, Gates said during an interview with Quartz. “You ought to be willing to raise the tax level and even slow down the speed [of automation]. You cross the threshold of job replacement of certain activities all sort […]

Universal basic income

Universal basic income

Smart house device illustration with app icons (home, smart, automation, smart appliances) Photo: 123rf.com There’s a new idea that might be the solution to runaway populism.

Well, it’s not that new, really – it has been kicking around in left-wing circles for a least a quarter-century – but it has suddenly gone mainstream.

It’s called Universal Basic Income (UBI), and pilot programmes to see if it really works in practice are being launched this year in four different countries. Gwynne Dyer. It’s populism that gave us Brexit in Britain and President Donald Trump in the United States.It could soon give us […]