Tag: manufactur

Job losses through automation a real concern to leaders at Davos

Job losses through automation a real concern to leaders at Davos

An attendee communicate with SARA, a socially aware robot assisstant, during a presentation at the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich DAVOS, Switzerland (Reuters) – Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.

And while business leaders gathered at the annual World Economic Forum (WEF) in Davos relish the productivity gains technology can bring, they warned this week that the collateral damage to jobs needs to be addressed more seriously.

From taxi drivers to […]

Will AI Bless Us With A 15 Hour Work-Week, Or Turn Us Into Paperclips?

Will AI Bless Us With A 15 Hour Work-Week, Or Turn Us Into Paperclips?

Francois Lenoir / Reuters With scaremongers predicting millions of job losses and an increasing divide between the haves and the have-nots, it was interesting to see the results of a recent White House report into AI. Yes, there will be job losses, but the report found that business productivity will rise, which could prompt an increase in average salaries. The benefits for the global workforce should not be ignored.

When you think of the average white-collar office job, it probably doesn’t conjure up images of a room full of whizz kids staring at glistening monitors replete with fancy graphs and […]

Davos Elites Are Increasingly Stressed About Robots Taking Your Job

Davos Elites Are Increasingly Stressed About Robots Taking Your Job

Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.

And while business leaders gathered at the annual World Economic Forum (WEF) in Davos relish the productivity gains technology can bring, they warned this week that the collateral damage to jobs needs to be addressed more seriously .

From taxi drivers to healthcare professionals, technologies such as robotics, driverless cars, artificial intelligence and 3-D printing mean more and more types of jobs are at risk.Adidas, for example, aims to use 3-D printing in the manufacture of […]

Impact of job-stealing robots a growing concern at Davos

Impact of job-stealing robots a growing concern at Davos

An attendee communicate with SARA, a socially aware robot assisstant, during a presentation at the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich By Martinne Geller and Ben Hirschler

DAVOS, Switzerland (Reuters) – Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.

And while business leaders gathered at the annual World Economic Forum (WEF) in Davos relish the productivity gains technology can bring, they warned this week that the collateral damage to jobs needs to be addressed […]

Obama Warns Automation Is a Danger to U.S. Jobs

Obama Warns Automation Is a Danger to U.S. Jobs

leminuit/istock.com In his final interview before leaving office, released Thursday by Pod Save America, President Barack Obama warned that automation is the bigger threat than global trade in taking away jobs in the United States.

“The fact is, and the data just shows this, the jobs that are going away are primarily going away because of automation and that’s going to accelerate,” Obama said. Uber Technology Inc.’s driverless car programs and the “equivalent displacement that’s going to take place in office buildings around the country is going to be scary for folks,” he added.

Uber is currently running pilot programs for […]

Bet You Didn’t See This Coming: 10 Jobs That Will Be Replaced By Robots

Bet You Didn't See This Coming: 10 Jobs That Will Be Replaced By Robots

I was recently talking to a friend of mine who’s an accountant. He has his own accounting firm and lives an upper-class lifestyle in the Chicago suburbs. As he’s an accountant with an additional degree in economics, naturally the conversation veered to the future of the economy. He said he will happily pay for his daughter’s college education, provided she won’t pursue a degree in accounting.

This isn’t the first time I’ve heard a parent say they don’t want their child following in their career footsteps; a lawyer recently told me the same thing. And it’s not because they feel […]

For white-collar staff, AI threatens new workplace revolution

For white-collar staff, AI threatens new workplace revolution

If your job involves inputting reams of data for a company, you might want to think about retraining in a more specialised field. Or as a plumber.

After industrial robots and international trade put paid to many manufacturing jobs in the West, millions of white-collar workers could now be under threat from new technology such as artificial intelligence (AI).

The issue of how best to face up to this "Fourth Industrial Revolution" has been exercising politicians and business leaders this week at the World Economic Forum in the Swiss Alpine town of Davos.The progress of artificial intelligence has been "staggering" in […]

For white-collar staff, Artificial Intelligence threatens new workplace revolution

For white-collar staff, Artificial Intelligence threatens new workplace revolution

a man works amid orange robot arms.(Photo |AP) DAVOS: If your job involves inputting reams of data for a company, you might want to think about retraining in a more specialised field. Or as a plumber.

After industrial robots and international trade put paid to many manufacturing jobs in the West, millions of white-collar workers could now be under threat from new technology such as artificial intelligence (AI).

The issue of how best to face up to this "Fourth Industrial Revolution" has been exercising politicians and business leaders this week at the World Economic Forum in the Swiss Alpine town of […]

Boss of the world’s largest recruiter: ‘One-off education followed by a career will no longer work’

Boss of the world's largest recruiter: 'One-off education followed by a career will no longer work'

Alain Dehaze, CEO of Adecco at Davos this year. Adecco DAVOS, SWITZERLAND — The world is going through a seismic shift in the make-up of its workforce and the boss of the world’s largest staffing firm told Business Insider that the only way to stay employed is to constantly learn.

The World Economic Forum’s benchmark "Global Risks" report for 2017 says the biggest risk to doing business globally is unemployment or underemployment due to the greater adoption of robots, automation, and artificial intelligence.

However, Adecco CEO Alain Dehaze told BI that companies now need to look beyond displacement and how […]

Davos — the rich are worried

“I can’t wait to see how the incoming administration deals with AI,” said US Secretary of State John Kerry in a less-than-gracious reference to the fact that the Trump team has not got a clue about the real driving force in the changing world economy.

What was striking was that Kerry did not have to clarify his remark for the 2,000 “global leaders” — politicians, bureaucrats, business representatives and public intellectuals — who are in the Swiss alpine town of Davos for the annual World Economic Forum. They all know what he is talking about.

This year’s Davos gathering is actually […]