China battles US for AI and robotic space: Who’s ahead?

China battles US for AI and robotic space: Who’s ahead?

Robot dominates: Ford F150 trucks go through robots on the assembly line at the Ford Dearborn Truck Plant in Dearborn, Michigan. Robots are also entering areas such as logistics warehousing, chemicals and plastics factories and F&B industries. — AFP NO doubt, the FAANGs – Facebook, Apple, Amazon, Netflix and Google – are making the world a better place.

Still, they are being accused of being BAADD – big, anti-competitive, addictive and destructive to democracy.

Regulators fine them, politicians take them to task, and even their backers warn of their power to cause harm. Much of the techlash is undeserved. There’s fake […]

How to bridge India’s tech-induced skill gap

How to bridge India's tech-induced skill gap

Oct 2 (IANS): The world stands on the brink of the Fourth Industrial Revolution, powered by a wide range of new technology breakthroughs — Artificial Intelligence, Machine Learning, advanced robotics, Internet of Things, cloud computing and 3D printing — and the revolution is expected to result in major changes in the labour market globally by reducing the demand for middle-skilled workers doing repetitive tasks, and increasing the demand for more highly-skilled workers and also low-skilled workers doing non-routine work.

While many developed countries, such as the US, Japan and several European economies, are already experiencing this labour market polarisation, the […]

How to bridge India’s tech-induced skill gap (Column: Active Voice)

How to bridge India's tech-induced skill gap (Column: Active Voice)

The world stands on the brink of the Fourth Industrial Revolution, powered by a wide range of new technology breakthroughs — Artificial Intelligence, Machine Learning, advanced robotics, Internet of Things, cloud computing and 3D printing — and the revolution is expected to result in major changes in the labour market globally by reducing the demand for middle-skilled workers doing repetitive tasks, and increasing the demand for more highly-skilled workers and also low-skilled workers doing non-routine work.

While many developed countries, such as the US, Japan and several European economies, are already experiencing this labour market polarisation, the market is also […]

Automation And The Future Of Work

Automation And The Future Of Work

AUTOMATION AND THE FUTURE OF WORK

Understanding the impact of automation on workers throughout the world.

TABLE OF CONTENTS 1. AUTOMATION ACROSS THE WORLD – Summary, Advances In Technologies, Worker Displacement, Probabilities of Automation, Research Studies Suggest High Probabilities Of Automation, It’s Different This Time 2. SUSCEPTIBILITY TO AUTOMATION IN THE WORLD ECONOMIES – Developing Economies, Advanced Economies 3. GENERAL CONSEQUENCES – Political, Economic 4. SOME SOLUTIONS – Prepare For Automation With “Difficult To Automate” Skills, Convince Employers And Educational Institutions To Address The Skills Gap, Pursue High Skill Occupations, Education – Real World Project Challenges […]

The Future of Work: Youth sceptical of A.I., ‘work as a service’ rising | SPECIAL REPORT

The Future of Work: Youth sceptical of A.I., ‘work as a service’ rising | SPECIAL REPORT

Chris Middleton looks at another new report on the future of work, and finds troubling gaps between the promise of AI and automation, and the real world the technologies are delivering.

In-depth analysis and comment Internet of Business says

With automation and AI sweeping into the workplace, a new report on the future of work finds that the younger workers are, the more sceptical they are of the benefits of the technology.In all, 50 percent of workers are not convinced about the benefits of AI, claims collaboration tech provider, Fuze. However, only 36 percent of employees over the […]

Robots May Replace A Lot More Human Jobs By 2022

Robots May Replace A Lot More Human Jobs By 2022

The Why Axis Human Machine Working Hours The rise of AI and automation has implications on productivity, wages, employment, and more as robots start performing more and more jobs once done by humans.

According to a report from the World Economic Forum (WEF), " The Future of Jobs 2018 ," 52 percent of current job tasks will be performed by robots by 2025. The study found that automation could eliminate 75 million jobs by 2022 in sectors such as accounting, assembly plants, customer management centers, and postal services.

But the report also estimates that this "robot revolution" will create a […]

Exclusive Q&A: Which Retail Jobs Are Safe From A Robot Takeover? Featured

Exclusive Q&A: Which Retail Jobs Are Safe From A Robot Takeover? Featured

Retail, hospitality and other service-oriented industries have been seen as relatively immune to the job-killing effects of robotics, automation and AI. But as these technologies grow more sophisticated, retail’s resistance is weakening. Futurist Martin Ford, author of Rise Of The Robots: Technology And The Threat Of A Jobless Future , notes that robots are already reducing (or eliminating) the number of humans needed to do many jobs, including:

• Warehouse work;
• Checking in-store inventory;
• Providing customer service; and • Staffing points of sale.In an exclusive interview with Retail TouchPoints , Ford identifies the advances in robotics and AI […]

India Inc – Hello AI, Bye-bye EA?

India Inc – Hello AI, Bye-bye EA?

Sukhdeep Aurora, Chief People Officer – ANAROCK Property Consultants

India is adopting new-age technology fairly rapidly – and is, in fact, a hotbed for the very creation of such technology. Corporate executives are increasingly using technology to make their day-to-day tasks more efficient and less strenuous. This trend brings up a loaded and hotly-debated question for India Inc. and in fact corporates globally – will technology eliminate the need for humans when it comes to performing routine tasks?

There is obviously no one-size-fits-all answer to this question. The answer is obviously ‘yes’ when it comes to a number of largely […]

Rebuilding the employment security system for the Rust Belt that created it

Rebuilding the employment security system for the Rust Belt that created it

Industrial transformation, brought on by global trade, new digital technologies , and changes in the structure of work, have hit Rust Belt communities hard. Some places, such as Pittsburgh and Kalamazoo, have gone through painful transitions and come out the other side. However, the majority of the Rust Belt’s older industrial cities continue to struggle with job loss and weak economic growth.

The collapse of the region’s labor-intensive manufacturing-based economy took its toll on the employment-based safety net protections that Midwestern employers and unions forged after World War II. Today, employer-based systems of health insurance, pensions, and unemployment insurance serve […]

Think SA’s unemployment is bad now? Automation could kill another 4.5m jobs – expert

Think SA’s unemployment is bad now? Automation could kill another 4.5m jobs – expert

JOHANNESBURG — This article takes a rather realistic (and possibly even bleak) look at how 4IR tech, such as automation, could eliminate millions of jobs in South Africa. While I have no doubt that automation will create new jobs that we haven’t even heard of yet, what’s clear is that highly skilled workers will be able to adapt while low-skilled workers may find themselves unemployed in huge numbers. This will hit South Africa hard as our government has, quite frankly, failed in sufficiently skilling up the majority of the country’s population for the 21st Century. This article should serve […]