Tag: productivity

China to see more jobs in manufacturing, service sectors

Even with the rapid development of technology, especially in automation and artificially intelligence field, which can see tasks previously performed by humans taken over by robots, China is expected to create more jobs in both the manufacturing and service sectors, said an official from the World Bank.

"Since the global markets for manufacturing is expanding, our prediction is that the share of manufacturing jobs and the number of service jobs in China will continue to expand, much more than the last few years which were affected by the global financial crisis," said Simeon Djankov, director of the World Development Report […]

How Will Robotics and AI Evolve?

How Will Robotics and AI Evolve?

Precambrian marine life. Source: Ghedoghedo / CC BY-SA 3.0 At certain points in prehistoric epochs, the evolution of life experienced an explosion of diversified organisms within a relatively short time. The so-called Cambrian explosion is the best-known of these diversification events. Scientists have debated the scope and possible causes for the explosion for decades. Fossil records show that between 505 and 542 million years ago, all of our existing biological taxa appeared, forever altering the global ecosystem.

AI and robotics systems may become pervasive in society in the same way. Hundreds of years in the future, historians could look back […]

A radical trade prescription from the Federal Reserve: Stop complaining about China, and pay U.S. workers better

A radical trade prescription from the Federal Reserve: Stop complaining about China, and pay U.S. workers better

One doesn’t normally look to the Federal Reserve System for radical economic prescriptions, but it’s a good place to find reasoned economic analysis. A recent economic brief from the Federal Reserve Bank of St. Louis offers both: a solid explanation of the U.S. trade deficit, and advice to stop blaming China for the decline in U.S. manufacturing.

What makes this radical isn’t its substance per se, but its variance from Trump administration orthodoxy. Under the sway of Peter Navarro, an economist from UC Irvine, the Trump White House has treated the U.S. trade deficit with China as the whole economic […]

Employment 2: Technology Will Drive Value Added-jobs

Employment 2: Technology Will Drive Value Added-jobs

The pace of change, especially technological change, has never been this fast, yet it will never be this slow again. In the early 1900s, it was the Luddites smashing weaving machines. These days, retail staff worry about automatic checkouts. Professional drivers are already fretting over self-driving cars and trucks.

There is no denying the fact automation has been decimating more and more jobs every year. From supermarket cashiers to postal workers and travel agents, industries and jobs that were considered mainstays barely a decade ago are vanishing rapidly.

McKinsey Global Institute predicts that as many as 800 million jobs could be […]

How Useful Is the Aggressive Fare Enforcement of Link Light Rail?

How Useful Is the Aggressive Fare Enforcement of Link Light Rail?

Charles Mudede The one, possibly only thing, I dislike about Vancouver BC’s SkyTrain is that it’s completely run by machines. I have used the system over 100 times in the downtown area, and only once have seen a human working at a station as an employee of the rail system. The trains are fully automated, and tickets are dispensed by machines; they also do the gatekeeping. The system is one giant transportation robot. Seattle’s Link Light Rail has humans, but they only do two forms of work. One is driving the trains, and the other concerns policing or security […]

AI Is Less Of A Threat Than Some Suggest

AI Is Less Of A Threat Than Some Suggest

NTT Docomo 5G robot mirroring the operator’s movements doing calligraphy, during the Mobile World Congress day 3, on February 28, 2018 . (Photo by Joan Cros/NurPhoto via Getty Images) While robotics and artificial intelligence (AI) promise great advances in productivity, mostly they seem to worry people. Commentators talk and write endlessly about how these marvelous technologies will steal jobs from both workers and the managerial class, creating a large unemployed population. If history has anything to say, however, and it does, such fears are not only exaggerated, they are off the mark entirely. Ultimately, AI will create more new […]

Robots to the rescue: How automation can create a more equal society

Robots to the rescue: How automation can create a more equal society

Discussion on automation often focuses on dystopian outcomes but it could improve gender equality at work.

Robots replace waiters in Indian restaurant Reuters If predictions are right , automation will transform work as we know it. But it’s difficult to know exactly which – and how many – jobs will be affected. Although there is a huge debate over just these questions, one area frequently overlooked is how automation will affect the prospect of gender equality.

Why advertise with us Right now, there are considerable differences in pay, employment levels, and the types of activities that men and women […]

Why Artificial Intelligence Won’t Be as Bad—or as Good—as Everyone Thinks

Why Artificial Intelligence Won't Be as Bad—or as Good—as Everyone Thinks

The humanoid robot AILA (artificial intelligence lightweight android) operates a switchboard during a demonstration by the German research centre for artificial intelligence at the CeBit computer fair in Hanover March, 5, 2013. The biggest fair of its kind open its doors to the public on March 5 and will run till March 9, 2013. REUTERS/Fabrizio Bensch Robotics and artificial intelligence (AI) have fed two kinds of dreams, the first of the hopeful pleasant sort, and the other a nightmare. The first tells of great abundance, convenience and wealth. The other warns of job loss and widespread unemployment, among both […]

Does automation create jobs

QA Automation Engineer jobs at The If you are a tech professional who wants to directly apply for jobs, do NOT please create a new account to apply for jobs Are Robots Going To Kill Your Next Job Or were doomed by their hesitation to adopt automation. Search Brookings. As a result, many fear that technology is creating job-stealing robots. A new report from Citi and the Oxford Martin School explores the varying impact that automation of jobs will have on countries and cities around the world, in the near future and the coming decades. Forbes blogger Tim Worstall […]

Understanding the Decline of U.S. Manufacturing Employment

U.S. manufacturing experienced a precipitous and historically unprecedented decline in employment in the 2000s. Many economists and other analysts—pointing to decades of statistics showing that manufacturing real (inflation-adjusted) output growth has largely kept pace with private sector real output growth, that productivity growth has been much higher, and that the sector’s share of aggregate employment has been declining—argue that manufacturing’s job losses are largely the result of productivity growth (assumed to reflect automation) and are part of a long-term trend. Since the 1980s, however, the apparently robust growth in manufacturing real output and productivity have been driven by a […]