Tag: mobility

Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent

Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent

Technology isn’t just changing the way businesses work, it is also impacting careers across all fields and disciplines. This is especially true for the financial sector, as financial services institutions are investing heavily in new technological capabilities to enhance competitive positioning and operating efficiencies.

While it may seem like a rat race when it comes to adopting new technologies, it is crucial to not neglect the humans who will ultimately be driving that change. An ageing workforce

In Singapore, the traditional “hire-and-fire strategy” – hiring people with the skills for emerging jobs and firing those in less relevant jobs […]

Working for a brighter future in Asia

Working for a brighter future in Asia

By Tomoko Nishimoto

WITH NEARLY two decades of strong economic growth, the world’s highest employment ratios and lowest unemployment rates, massive technological innovation, some say “Asia is the future” or even “The future is Asia.” But what will this future look like for the three billion Asians of working age (15+)?

Globalization, new technologies, shifting demographics, climate change, and labor mobility are the forces at play as the region continues on its path to prosperity. The unprecedented speed and scale of changes is exponentially affecting how, where and when we work, do business and make a living. The demand for […]

Women Will Face Disproportionately Negative Consequences from AI

Women Will Face Disproportionately Negative Consequences from AI

Prompts on how to use Amazon’s Alexa personal assistant are seen as a Roomba begins cleaning a room in an Amazon “experience center” in 2018. (Reuters / Elijah Nouvelage) Apple’s Siri, Amazon’s Alexa, Netflix’s prediction of your next favorite show—we’re already living with artificial intelligence, and its adoption by the business world will only increase in coming years. We’re already hearing about AI’s potentially disastrous impact on the labor market, but how will these technological tools, designed to augment or replace human cognition, affect women?

The first-ever study to map the labor consequences of AI for women, published by the […]

Adjusting to the new world of work

Adjusting to the new world of work

Waking up on my first morning in Las Vegas, where the time is 14 hours behind Thailand, was not easy. Cup of coffee in hand, I walked past a group of senior citizens wearing red long-sleeved T-shirts outside a large conference hall. They were event ambassadors, hired to welcome and guide participants from all over the world, and the sight of their smiling faces helped to bring me awake. What a pleasant start to the day: I get to experience human interaction and some seniors have a chance to earn extra income, I was telling myself.

I was in Las […]

The autonomous car revolution is here

The autonomous car revolution is here

Driverless cars used to be the sort of thing you’d see in reel life, but today they are becoming real in real life. India is a different ball game for driverless cars with jaywalkers, poor pothole-ridden roads and bad road discipline. Steven Spielberg’s "Minority Report" nailed the driverless car technology way back in 2002 with its futuristic Lexus-designed auto-piloted car. In one of the scenes, Tom Cruise decides to "run" from the authorities and sets off an exciting driverless car chase.

Driverless cars used to be the sort of thing you’d see in reel life, but today they are becoming […]

What’s up for Metro Vancouver in year 2050: Regional planners present four scenarios

What's up for Metro Vancouver in year 2050: Regional planners present four scenarios

No one really knows what the future holds.

But that doesn’t mean that people can’t think about what lies ahead with the things that are known.

This is what planners with Metro Vancouver and TransLink did in an exercise to imagine what the region may look like in 2050.The result is four different scenarios, which they hope will guide decision makers respond to challenges and opportunities.The process identified technology and automation, and the economy and trade, as two factors exerting the biggest and most variable impacts.“This exercise is not about choosing a preferred future, or about proposing a set of […]

Man vs Machine: Who will come out on top

Man vs Machine: Who will come out on top

The general rule of gambling is that “the house always wins”. No matter the game, the odds are always stacked in favour of the casino and, according to Investopedia, “for every $1 million bet at the roulette tables…the casino expects to pocket a profit of slightly more than $50,000”. However, that knowledge is paradoxically what drives people back to the table—the odds may be stacked against them, but people will always love to think that they will be the ones who win big. And whether by counting cards or waiting it out for a slot machine that’s ready to […]

Why Women’s Jobs are Disproportionately Threatened by Automation

Why Women's Jobs are Disproportionately Threatened by Automation

If the automation revolution is as bad as some researchers believe, almost half of all occupations in the United States are at risk of replacement by 2026. Truck drivers will be swapped out for self-driving AI. Manufacturers will use smarter machines instead of hands. Supermarkets will go cashier-free. Even more conservative projections acknowledge that some kind of transition is coming: The Bureau of Labor Statistics has projected that the overall number of jobs of the future will grow , but that 1.4 million current ones could soon become "redundant."

As it rages, the automation debate has tended to center on […]

10 jobs that won’t exist 20 years from now

10 jobs that won't exist 20 years from now

The truth is, no industry is 100% safeguarded against the influence of technology.

Some workers, such as dispatchers, are more at risk of seeing their jobs become computerised than others.

Occupations that tend to be more routine and repetitive will likely cease to exist in 20 years. Out with the old, in with the robots! These days, new technological advances happen all the time – and while some industries have flourished in the changing landscape, others have fallen prey to automation .Here’s the good news: automation isn’t necessarily synonymous with job loss . In fact, many […]

Lousy Jobs, Lovely Jobs – and the Sagging Middle

Lousy Jobs, Lovely Jobs – and the Sagging Middle

Job-market polarisation is impeding class mobility. What does this mean for the future of management? This article is part of a series entitled “The Future of Management”, about how changes in culture and technology are reshaping what managers do. INSEAD professors Pushan Dutt and Phanish Puranam serve as academic advisors for this series.

The past four decades or so have been hard on those with dreams of climbing the socio-economic ladder. With social mobility having effectively ground to a halt in many of the world’s most advanced economies, divisions between the blue- and white-collar segments of society have clarified […]