Intel is hiring American workers to make high-tech chips that could displace American workers

Intel is hiring American workers to make high-tech chips that could displace American workers

Intel is building a $7 billion manufacturing plant in Arizona that will create “3,000 high-paying, high-wage, high-tech jobs,” CEO Brian Krzanich announced after a meeting with US president Donald Trump on Tuesday. “The people of Arizona will be very happy,” Trump said. “It’s a lot of jobs.”

Trump made “bringing back jobs” a central theme in his campaign, and he has continued to emphasize it in the early days of his presidency. Last month, for instance, the president that he would use taxes and other penalties to punish American companies who move manufacturing jobs abroad.

In that context, there’s something a […]

Economic advisory council delivers Bill Morneau an odd report: Walkom

Hamilton Spectator

The latest report from Ottawa’s Advisory Council on Economic Growth is an odd document. It foresees a world in which almost half of Canadians will have lost their jobs to automation. Yet it spends much effort trying to figure out how to encourage more workers to compete for this diminishing number of jobs.

Like the council’s first report in October, this one walks a fine line between market economics and activist government.It wants private capitalists to lead the way but it also wants government to both guide and backstop their efforts.In that sense it hearkens back to the Asian […]

Your role in a brave new world

Your role in a brave new world

The fourth industrial revolution is upon us but that doesn’t mean jobs are going to dry up, in fact there may be more than ever Experts say though some traditional jobs may disappear, others will be created by new technology. The march of technology will bring more jobs, not fewer, says Sharon Davies, managing director of recruitment solutions company Talent Propeller.

Davies is one of a number of commentators who see a positive future for work in New Zealand, rather than doom and gloom.

Whenever technology is introduced, society benefits and the number of available jobs tends to increase rather than […]

Robots, Yes Robots, Could Be Trump’s Greatest Threat

Robots, Yes Robots, Could Be Trump’s Greatest Threat

(image used under Creative Commons license via tecnalia) The rise of automation is destined to replace some worker employment, and it could increasingly cause friction with efforts to create new jobs, a hallmark of the Donald Trump administration.

Many studies have forecast a day when repetitive and labor-intensive jobs will be recast by automation, though the jury is still out about whether the humans now holding those jobs will be elevated to more meaningful positions that utilize automation or will be replaced outright.

One particular technology, self-driving cars, is on pace to emerge en masse in 2021, right around the next […]

What is the biggest threat to American jobs? Hint: It’s not immigrants

Several Super Bowl LI commercials on Sunday took a serious departure from the usual advertising sweet spots — to strike a much more political tone.

Both Coca-Cola and Budweiser put out spots that seemed to celebrate immigrants, and Airbnb produced an ad that seemed a direct rebuff to President Donald Trump’s travel restrictions on visitors from seven Muslim-majority countries.

While some of the ads fell flat , some progressives rushed to embrace their new favorite brands on Twitter.It’s easy to see why companies felt a need to stand up for immigrants at the moment, even at the risk of politicizing, as […]

Is your tech team ready for the revolution?

As the fourth industrial revolution gets underway, Hays’ Steve Weston asks whether company’s IT teams and talent pipelines are prepared to maximise on it.

It seems that artificial intelligence (AI) and robotics are moving from the laboratory at lightning speed, and are touching every single part of our lives. The way we read the news and hail a taxi has changed, and soon the way we work – and the skills needed to do our jobs – will evolve.

As the World Economic Forum put it, we’re on the brink of a fourth industrial revolution, and the technology that underpins it […]

AI could eliminate 250,000 public sector jobs within 15 years

AI could eliminate 250,000 public sector jobs within 15 years

We keep hearing about how robots or AI are set to replace humans in employment roles as we move into the next decade, and another claim has popped up on this front, predicting that almost 250,000 jobs in the public sector will get this treatment.

According to Reform, a think-tank organisation, over the next 15 or so years a massive amount of admin staff could be replaced by switching over to websites and AI chat bots (of the sort which have become much talked about over the last year or so – for example with Skype ).

The prediction for the […]

AI could eliminate 250,000 public sector jobs within 15 years

AI could eliminate 250,000 public sector jobs within 15 years

We keep hearing about how robots or AI are set to replace humans in employment roles as we move into the next decade, and another claim has popped up on this front, predicting that almost 250,000 jobs in the public sector will get this treatment.

According to Reform, a think-tank organisation, over the next 15 or so years a massive amount of admin staff could be replaced by switching over to websites and AI chat bots (of the sort which have become much talked about over the last year or so – for example with Skype ).

The prediction for the […]

Automation’s Positive Effect: 90% Automation In Chinese Factory Results In 250% More Output, 80% Reduction In Defects

Automation’s Positive Effect: 90% Automation In Chinese Factory Results In 250% More Output, 80% Reduction In Defects

One of the first lessons which a business learns via hard way is that it exists for one sole purpose: making profits. A hardcore business is different from a social service, and providing employment is not it’s main objective of creation, but a means to achieve its business goals.

If automation leads to more productivity, reduction in errors, then is there any real reason for opposing it, even if it means a reduction in employment? A recent case study from a Chinese factory forces us to ask this question, in a hard way. Automation’s Positive Side-Effect in A Chinese Factory

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Opinion: Canada’s economy can thrive in automated future

Opinion: Canada's economy can thrive in automated future

World Economic Forum founder and executive chairman Klaus Schwab: The consequences of job automation were a reoccurring theme. In 2017, the United States government will attempt to revive industrial jobs from the 20th century — and we in Canada might be tempted to follow suit.

Employment in manufacturing and resource extraction continues to decline even though a majority of the companies in the Toronto Stock Exchange Composite Index still belong to those sectors.

Yes, it’s frustrating that these companies represent so much of Canada’s economic value yet employ fewer and fewer people. But no, they cannot revive jobs that technology is […]