Tag: productivity

UK Oil and Gas Requires Massive Recruitment Drive

UK Oil and Gas Requires Massive Recruitment Drive

A new report suggests that over 40,000 new people will need to be recruited into the UK oil and gas industry over the next 20 years, including 10,000 for roles that do not yet exist as the industry continues to evolve.

The UKCS Workforce Dynamics Review was carried out by OPITO in partnership with Robert Gordon University’s Oil and Gas Institute and assessed the evolving nature of the oil and gas industry in the UK. The Changing Face of Oil & Gas

The report finds that while the total workforce is set to fall by 2035 – around 80,000 workers […]

The Future Of Work: How AI Will Hit The Developing World

The Future Of Work: How AI Will Hit The Developing World

Daniel Salvatori/DPA/ZUMA Robotization, AI and other technological advances will change the nature of work in the coming decades. How will it play out in poorer parts of the world?

-Analysis-

BUENOS AIRES — To bring the debate on the future of work to the reality of the developing world, one should distinguish between three dimensions of the debate that are sometimes confused.The first has to do with the relationship between technology and labor displacement. The displacement of work comes before technological unemployment, in a transition between the past and the future. Here, traditional tasks and occupations are replaced […]

How tech affects women

How tech affects women

There is widespread discussion at present that robots and technology may take away jobs in the apparel sector in Bangladesh as well as in other developing and developed nations across the world.

It is thought that in the labour-intensive world, repetitive tasks previously done by humans can be done in far more efficient, effective way by the machines. Advanced technologies like AI and machine-learning might be able to perform, even the white-collar jobs, better than humans.

Whether technology will threaten jobs across the world or not is a fresh debate. More specifically, it is being discussed that technology upgradation will specifically […]

What Will Manufacturing Jobs Be Like in 2068?

What Will Manufacturing Jobs Be Like in 2068?

Alan Rooks Editor in Chief One theory I came up with years ago, backed by absolutely no evidence, is that automation and robotics will eventually be so extensive that none of us will have to leave our houses. We will eventually sit around all day, grow roots, and evolve back into the plant life we came from millions of years ago.

Apparently, we’re half way there. According to a recent article on MarketWatch.com , “Half of All Jobs Can Today Be Automated—and Within 50 Years, All of Them Can Be,” by Anna Kook, it is no longer in question whether […]

New technologies are affecting jobs the world over. Is your job safe?

New technologies are affecting jobs the world over. Is your job safe?

New technologies are affecting jobs the world over. Is your job safe? Photo – Shutterstock At the 51st annual general meeting of the Asian Development Bank (ADB) in Manila last week, discussions centred on the advancement of new technologies and the impact robotics and AI would have on local jobs.

In an interview on the sidelines of the event, Sameer Khatiwada, ADB economist at Economic Research and Regional Co-operation Department, told The Myanmar Times that while some jobs will likely be replaced by machines, new functions are also emerging that will require human skills.

Here are some excerpts of the interview, […]

Job losses from automation or trade pacts? Will we learn from this?

A simple request: please don’t turn this into something it is not by making this about supporting our fake pResident.

The Epic Mistake about Manufacturing that’s Cost Americans Millions of Jobs

America’s manufacturing sector is in far worse shape than the media, politicians, and even most academics realize. Manufacturers’ embrace of automation was supposedly a good thing. Sure, some factory workers lost their jobs. But increased productivity boosted living standards, and as manufacturing work vanished, new jobs in construction and other services took its place. This was more of a shift than a loss, explained Bradford DeLong, economics […]

ADB advises policies to harness tech for better economic growth

ADB advises policies to harness tech for better economic growth

MANILA: The Asian Development Bank (ADB) on Friday advised regional governments, including Pakistan to introduce policy interventions to harness technologies for better economic growth.

“Government has an important role to play in leveraging technological advances for inclusive growth,” Chief Economist Yasuyuki Sawada at ADB said.

Education and training, favourable labour regulation, social protection and tax policies are imperative for the fourth industrial revolution that is characterised by smart applications integrating virtual and physical production systems, Sawada noted in his presentation titled, ‘Asian Development Outlook 2018: how technology affects jobs’ on the second day of ADB annual meeting.The government is advised to […]

Robot revolution could give us bread and roses

Robot revolution could give us bread and roses

John Harris asks what happens next to all the jobs that technology will obliterate ( Ten million jobs could be gone in 15 years. What then?, 30 April ). He fears that inequality will worsen. Not necessarily. Let robots do the boring, repetitive stuff. Humans can do all those jobs required to create a better life for all, and provide decent pay and good working conditions to boot. It’s not rocket science. We need many more care, support, youth and early years workers. In fact, we pretty much need to reinvent local government and the services it should provide. […]

The epic mistake about manufacturing that’s cost Americans millions of jobs

The epic mistake about manufacturing that’s cost Americans millions of jobs

Looking back, there were two kinds of people who lived in America in 2016: people who believed Donald Trump, and people who believed data.

Trump claimed on the campaign trail that globalization had destroyed US manufacturing —and in the process, the American economy—by letting China and other countries steal American factory jobs. From the turnout at Trump’s rallies and the “Make America Great Again” stickers slapped on bumpers across America, it was clear the message was resonating.

The data camp didn’t get it. Yes, the US had hemorrhaged manufacturing jobs, losing close to 5 million of them since 2000. Trade may […]

Figures of the week: The future of work in Africa

Figures of the week: The future of work in Africa

Automation, artificial intelligence, and other technological advances associated with the Fourth Industrial Revolution are changing the nature of work globally. A new report, The Future of Work: Regional Perspectives [1] , assesses what rapid technological progress could mean for developing and emerging economies. In the chapter focusing on Africa, the report finds that new technologies could enable much-needed productivity growth and stimulate new types of economic activities; for example, retail and financial services given the high penetration of mobile devices in the region. However, a technologically driven rise in productivity could also mean that fewer people are needed to […]