Tag: manufactur

Manufacturing jobs return to US during election year – but not quite like before

Manufacturing jobs return to US during election year – but not quite like before

An employee works on an assembly line producing automobiles at a factory in China. Photograph: China Stringer Network / Reut/Reuters When Fred Robinson moved to his cottage in 1960, it was on little more than a dirt lane surrounded by cotton fields. For 42 years, like so many others in Cleveland County, North Carolina, Robinson made his living turning that cotton into cloth, manning a weaving machine at the local Dover mill. His starting salary, in 1949, was 97 cents an hour.

In a familiar story, nearby textile mills closed – and with them went the jobs. From when Robinson’s […]

Living in a bubble: Y Combinator’s basic income study is merely a result of white unemployment

Living in a bubble: Y Combinator’s basic income study is merely a result of white unemployment

Workers arrive for a shift at the reopened Chrysler Warren Truck Assembly plant in Warren, Michigan, U.S., on Monday, June 29, 2009. Photo credit: Jeff Kowalsky/Bloomberg via Silicon Valley’s interest in basic income is based on a false prophecy of tech destroying jobs and wouldn’t be explored if those affected weren’t mostly white

Y Combinator made an announcement last Wednesday that it would pursue a short-term, exploratory study into the concept of a ‘ basic income ,’ a no-strings-attached form of welfare that would be allotted to every citizen of a given city or country. Residents of increasingly […]

Swiss Manufacturers Cut Jobs that Sector Warns Won’t Come Back

Swiss Manufacturers Cut Jobs that Sector Warns Won't Come Back

. Visitors say views through the glass floors in Schindler’s Auckland Sky Tower elevators offer one of the most exhilarating lift experiences in the world. Zurich

But for the Swiss workers who make the elevator parts, their uncertain future might feel as dizzying as the 220-meter drop underfoot as Swiss industry accelerates job cuts to mitigate the impact of the galloping franc.

Six decades after opening, Schindler’s hometown factory in Ebikon that decades ago employed hundreds will be scaled back to under 100 employees by the end of 2017.They will focus on special orders the company said would secure the […]

Will automation destroy jobs?

Will automation destroy jobs?

MT at 50: Carl Benedikt Frey, co-director of the Oxford Martin Programme on Technology and Employment, gives his expert view on the effects of automation on jobs – and the news isn’t all bad.

Carl Benedikt Frey of the Oxford Martin School at the University of Oxford has become (with colleague Michael Osborne) the leading authority on the automation of jobs. Their methodology focuses on how reliant tasks are on human aptitudes such as social perceptiveness, persuasion, originality and manual dexterity. We asked him about the impact automation will have in the future. What will determine the pace of […]

Who Needs Factories Anyway?

Who Needs Factories Anyway?

Listening to our political leaders, you’d think everyone on the planet works in a factory. Donald Trump wants to stop China and Mexico from “taking our jobs” by preventing factories from moving there — and he’s willing to launch a trade war to do so. Michael Short, a spokesman for the Republican National Committee, recently claimed that a loss of 264,000 manufacturing jobs under President Obama was “a stark reminder of the failure of his policies,” as if the nearly 10 million other jobs added on Obama’s watch didn’t matter.

This obsession with factories threatens to undermine sound economic policy. […]

How the rise of the robots will affect your job

How the rise of the robots will affect your job

MT at 50: We’re heading for the fourth industrial revolution where more and more jobs will be automated – from care assistants to check-in staff. So how can we manage the march of the machines?

The residents of the Colony Club, an assisted-living home near Fort Lauderdale in Florida, are fond of Zora, the little redhead who helps them with their daily exercises, tells them a story or two, takes them on a walk, reads them the weather forecast and will even dance them the Macarena if they ask.

And she works for virtually nothing, after an initial payment of […]

Swiss manufacturers cut jobs that sector warns won’t come back

Swiss manufacturers cut jobs that sector warns won't come back

By Brenna Hughes Neghaiwi

ZURICH, June 7 (Reuters) – Visitors say views through the glass floors in Schindler’s Auckland Sky Tower elevators offer one of the most exhilarating lift experiences in the world.

But for the Swiss workers who make the elevator parts, their uncertain future might feel as dizzying as the 220-metre drop underfoot as Swiss industry accelerates job cuts to mitigate the impact of the galloping franc.Six decades after opening, Schindler’s hometown factory in Ebikon that decades ago employed hundreds will be scaled back to under 100 employees by the end of 2017.They will focus on special orders the […]

Weird Science: Robots Poised to Take Half the World’s Jobs in 30 Years

Weird Science: Robots Poised to Take Half the World’s Jobs in 30 Years

This picture taken on November 24, 2015 shows visitors watching a robot (C) demonstration during the World Robot Conference in Beijing Vardi, a computer science professor at Rice University in Houston, told the American Association for the Advancement of Science (AAAS) that, "We are approaching a time when machines will be able to outperform humans at almost any task." He added, "I believe that society needs to confront this question before it is upon us: if machines are capable of doing almost any work humans can do, what will humans do?" ‘I’m Not Just Any AI’: Meet the World’s […]