Tag: productivity

Lawyers of the world: Robots aren’t replacing you–yet

Lawyers of the world: Robots aren't replacing you--yet

ArtificiaI intelligence (AI) may soon render many jobs obsolete. Remember how popular one-hour photo shops were in the 1980s and into the mid-1990s? That’s just the tip of the tech iceberg, as AI now seems to be gunning to take over the legal world.

The UK-based Law Society noted in a study earlier this year: "Over the longer term, the number of jobs in the legal services sector will be increasingly affected by automation of legal services functions. This could mean that by 2038 total employment in the sector could be 20% less than it would otherwise have been, with […]

Effect of digitisation on careers

Effect of digitisation on careers

Digital is the most commonly heard term today, everyone knows the term but what does Digital mean? Simply put all devices use a series of signals in the form of 1 (one) and 0 (zero) all signals go in this form which are then decrypted and shown on the screens of your devices

Digital is the most commonly heard term today, everyone knows the term but what does Digital mean? Simply put all devices use a series of signals in the form of 1 (one) and 0 (zero) all signals go in this form which are then decrypted and […]

Effect of digitisation on careers

Effect of digitisation on careers

Digital is the most commonly heard term today, everyone knows the term but what does Digital mean? Simply put all devices use a series of signals in the form of 1 (one) and 0 (zero) all signals go in this form which are then decrypted and shown on the screens of your devices

Digital is the most commonly heard term today, everyone knows the term but what does Digital mean? Simply put all devices use a series of signals in the form of 1 (one) and 0 (zero) all signals go in this form which are then decrypted and […]

FACT CHECK: Do Robots Or Trade Threaten American Workers More?

FACT CHECK: Do Robots Or Trade Threaten American Workers More?

Sen. Elizabeth Warren, D-Mass., and entrepreneur Andrew Yang talk during break in the Democratic presidential primary debate hosted by CNN/New York Times. Are robots stealing workers’ jobs? At last week’s Democratic presidential debate, CNN moderator Erin Burnett dove into the thorny issue.

"According to a recent study, about a quarter of American jobs could be lost to automation in just the next 10 years," she said, asking candidates how they would respond to this problem.

The question ultimately pitted two divergent worldviews against each other. One came from entrepreneur Andrew Yang, who has centered his campaign around what he perceives as […]

We Have the Tools and Technology to Work Less and Live Better

We Have the Tools and Technology to Work Less and Live Better

atwater kent assembly line In 1930, a year into the Great Depression, John Maynard Keynes sat down to write about the economic possibilities of his grandchildren. Despite widespread gloom as the global economic order fell to its knees, the British economist remained upbeat, saying that the ‘prevailing world depression … blind[s] us to what is going on under the surface’. In his essay, he predicted that in 100 years’ time, ie 2030, society would have advanced so far that we would barely need to work. The main problem confronting countries such as Britain and the United States would be […]

Universal Basic Income: Could It Really Work?

Universal Basic Income: Could It Really Work?

The truth is, poverty is a disease ravaging the world’s economies and universal basic income (UBI) may be the cure. Universal basic income could provide all citizens with the funds to feed, shelter and educate themselves without outside interference. Can universal basic income really work? The utopian ideal may sound like it’s on the bleeding edge, but, in reality, the idea of every citizen receiving an unconditional sum of money is quite old. In fact, American revolutionary Thomas Paine proposed a dividend for all citizens of age in his pamphlet Agrarian Justice, published in 1797. “To preserve the benefits […]

Universal Basic Income: Could It Really Work?

Universal Basic Income: Could It Really Work?

The truth is, poverty is a disease ravaging the world’s economies and universal basic income (UBI) may be the cure. Universal basic income could provide all citizens with the funds to feed, shelter and educate themselves without outside interference. Can universal basic income really work? The utopian ideal may sound like it’s on the bleeding edge, but, in reality, the idea of every citizen receiving an unconditional sum of money is quite old. In fact, American revolutionary Thomas Paine proposed a dividend for all citizens of age in his pamphlet Agrarian Justice, published in 1797. “To preserve the benefits […]

Industries Fight Automation Hypochondria in the Tech Industrial Age

Industries Fight Automation Hypochondria in the Tech Industrial Age

McKinsey has predicted that 800 million workers could be possibly displaced in 42 countries — a third of the workforce, in the Fourth Industrial Revolution. While similar predictions came before every earlier change of era, could this one be?

The world has seen four industrial revolutions till now, and as each one has come with terrible frightening job loss scenarios. But, to date, nothing has been as disruptive as what’s coming now.

Disruptive technologies are indeed transforming the entire social, economic, and political systems in many unpredictable ways. While technology evolution is difficult to map because of its factorial or […]

Blame the policies, not the robots

The claim that automation is responsible for massive job losses has been made in almost every one of the Democratic debates. In the last debate , technology entrepreneur Andrew Yang told of automation closing stores on Main Street and of self-driving trucks that would shortly displace “3.5 million truckers or the 7 million Americans who work in truck stops, motels, and diners” that serve them. Rep. Tulsi Gabbard (Hawaii) suggested that the “automation revolution” was at “the heart of the fear that is well-founded.”

When Sen. Elizabeth Warren (Mass.) argued that trade was a bigger culprit than automation, the fact-checker […]

6 skills that will never be replaced by automation

6 skills that will never be replaced by automation

The nature of work is evolving. Automation and artificial intelligence (AI) are spurring a revolution, transforming jobs in every industry from IT to manufacturing.

The latest OECD Employment Outlook report reports that around 36% of Australian jobs face a significant or high risk of being automated in the next 15 to 20 years. If this number is worrying, you’re not alone. Half of all Aussie employees are concerned about their job will be replaced by technology at some point down the line.

However, automation isn’t going to eliminate jobs but rather, transform them. While some skills can be automated — such […]