Tag: productivity

In Colorado, growth industries include manicurists and cell phone tower workers. Surprisingly, some once-important tech jobs are dwindling.

In Colorado, growth industries include manicurists and cell phone tower workers. Surprisingly, some once-important tech jobs are dwindling.

DISH team members Bryan Bren, left, a mobile tower deployer, and Monty Groff, right, director of engineering set up a COW, or Cell On Wheels tower, near the DISH Riverfront Call Center on July 30, 2019 in Littleton. 0

Concerns that robotics, automation and artificial intelligence will displace entire job categories are on the rise. But what occupations have actually fallen in and out of favor in Colorado this decade?

For example, the number of survey researchers in Colorado has dropped by four-fifths since 2009, while the number of cellular tower workers is up eight-fold, according to an analysis from […]

The future of work will be far less frightening when there’s more women in AI

The future of work will be far less frightening when there’s more women in AI

The future is here. Open a web browser. Pick up a newspaper. Search for stories about artificial intelligence and the future of work. While scholarship on the topic is getting increasingly nuanced , you’re still likely to confront dire warnings about how smart machines are coming to take our jobs . Like, all of them.

Tesla and Space X CEO Elon Musk says mass automation is “ the scariest problem ” facing society because “what’s going to happen is robots will be able to do everything better than us … I mean all of us.” AI pioneer and venture […]

Philexport: Create more jobs to boost automation readiness

Philexport: Create more jobs to boost automation readiness

AN EXPORT industry leader has underscored the need for the country to create more employment opportunities especially in the rural areas to prepare itself for Industry 4.0 and foster inclusive national economic development agenda.

Philippine Exporters Confederation Inc. (Philexport) president Sergio Ortiz-Luis Jr. noted the Yonsei University Automation Readiness Index 2017 indicating that low unemployment, labor productivity, income inequality and high gross domestic product (GDP) per capita are the factors affecting automation readiness.

“(These are) areas where the Philippines still needs to work on a lot. However, this does not mean that we should brush this issue aside. We must […]

Mckinsey global institute automation

McKinsey & Company | 1 Digitization of everything . Worlds Fair Nano is a future festival that aims to connect people with the future Across the country, automation is changing the landscape of local labor markets. Jul 06, 2017 · The McKinsey Global Institute has conducted a research about automation technologies and their potential impact. 64% 74% 98% . McKinsey Quarterly. Apr 10, 2019 · McKinsey Global Institute (2019), Globalization in transition: The future of trade and value chains, January. . A new report from the McKinsey Global Institute (MGI) looked at 315 cities to identify the ways automation […]

China Will Live Or Die by Its Digital Economy

China Will Live Or Die by Its Digital Economy

Recent research from the International Monetary Fund highlights just how important this growth driver has become in recent years—and how critical keeping up the momentum is for the nation’s prospects.

Technological innovation is key to all economies, but the fate of China’s high-productivity IT sector has taken on outsize importance . One reason is the government’s failure in recent years—partly for ideological reasons—to make many key reforms which could boost the productivity of the rest of the economy and keep growth chugging along.

Created with Highcharts 6.0.4Worker’s Paradise?Chinese gross domestic product and laborproductivity, change from a year earlierChinese gross domestic product […]

Why robots will soon be picking soft fruits and salad

Why robots will soon be picking soft fruits and salad

The Vegebot uses machine learning to identify ripe, immature and diseased lettuce heads. (CNN photo) Fruit picking robots like this one, developed by Fieldwork Robotics, operate for more than 20 hours a day. (CNN photo) LONDON (CNN Business) — It takes a certain nimbleness to pick a strawberry or a salad. While crops like wheat and potatoes have been harvested mechanically for decades, many fruits and vegetables have proved resistant to automation. They are too easily bruised, or too hard for heavy farm machinery to locate.

But recently, technological developments and advances in machine learning have led to successful trials […]

The Coming Manufacturing Giant: The United States of America

The Coming Manufacturing Giant: The United States of America

One of the positive externalities of the U.S.-China trade war will be the re-emergence of the United States as one of the two dominant manufacturing powers in the world. While China enjoys a labor advantage due to its large population, it also is constrained by the poverty of its population which forces the Chinese Communist Party to seek overseas markets to finance the state-owned enterprises (SOE) which provide employment for almost 50 percent of the Chinese working population. SOEs consume 70 percent of the financial resources of China , yet only contribute 30 percent of China’s GDP.

With the rise […]

Jobs are changing – and fast. Here’s what trainers and employers must do to keep up

Jobs are changing – and fast. Here’s what trainers and employers must do to keep up

Technological developments are expected to majorly, and rapidly, disrupt or change the nature of employment. The multiplier effect of these disruptions interacting with each other has led to what has been termed the fourth industrial revolution.

The first industrial revolution took us from agrarian to industrial economies and the second used resources like electricity and steel to create mass production. The third refers to technology advancing from analog and mechanical devices to the digital technology available today.

The fourth industrial revolution represents ways technology has become embedded in societies by the fusion of technologies, or what is known as cyber-physical systems. […]

The UK is at risk of being left behind by the Fourth Industrial Revolution

The UK led the way in the First Industrial Revolution, embracing new technologies and the opportunities they created. But as we embark on the Fourth Industrial Revolution and the transition to automation, the reality is we are lagging behind our international competitors in adoption of robot technology.

We cannot pretend that the move to automation doesn’t bring challenges for businesses and for workers. Given the way in which communities were failed during previous industrial changes, such as the decline of the UK’s coal and steel industries, it isn’t surprising that that some may be worried about job disruption and livelihoods. […]

The economic consequences of automation

The economic consequences of automation

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Reactions While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favourably: Technology, they say, may destroy jobs in the short run, but creates new and better jobs in the longer term.

The destruction of jobs as a result of automation is clear and direct: a firm automates a conveyor belt, supermarket checkout or delivery system, keeps one-tenth of the workforce as supervisors, and fires the rest. But what happens after that is far less obvious.The standard economic argument is that workers affected by automation […]