Tag: productivity

How will AI affect employment?

How will AI affect employment?

(Image: Eolas Recruitment) Ireland has secured its status as a technological hub. However, with AI becoming more prominent, what will happen to the levels of employment across the country?

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Pro Firmly securing its status as a technological hub, Ireland is at the forefront of pioneering advancements in the field. Here at Eolas Recruitment, we pride ourselves on being one of the leading specialist IT recruitment agencies in the country, and this involves us keeping up-to-date with the emerging trends of the tech world and how this will shape the industry in Ireland.As a frontrunner in Artificial Intelligence […]

The scary and exciting future of jobs

The scary and exciting future of jobs

A new study predicts one-quarter of work activities in Singapore being displaced by 2030. But the Republic is also poised to enjoy higher growth and productivity.

About 24 per cent of work activities in Singapore could be displaced by 2030.

That’s what the data shows in a new study by consulting firm McKinsey & Company titled Jobs Lost, Jobs Gained: Workforce Transitions In A Time Of Automation.Job displacement is nothing new. It’s been going on for decades as we have shifted away from labour-intensive manufacturing to higher-value-added activities and services.We have already begun to witness more recent workforce transitions, in […]

How will AI affect employment?

How will AI affect employment?

(Image: Eolas Recruitment) Ireland has secured its status as a technological hub. However, with AI becoming more prominent, what will happen to the levels of employment across the country?

Print

Pro Firmly securing its status as a technological hub, Ireland is at the forefront of pioneering advancements in the field. Here at Eolas Recruitment, we pride ourselves on being one of the leading specialist IT recruitment agencies in the country, and this involves us keeping up-to-date with the emerging trends of the tech world and how this will shape the industry in Ireland.As a frontrunner in Artificial Intelligence […]

Your “Financial Shock” Wealth

Your “Financial Shock” Wealth

Understanding money, inequality, and why the tax bill is important

Imagine that today you accidentally got overcharged $1 somewhere, and a week from now they realized this and gave you your dollar back. On the whole, this might be annoying, but it probably won’t be a big deal to you. Not having that dollar likely didn’t affect your life in any material way; the “opportunity cost” you lost out on could probably be well-summarized by the interest rate on a dollar for a week.

That means that an unexpected expense of $1 basically costs you $1. If you got the […]

Britain Needs To Truly Understand The Coming Robot Revolution

Britain Needs To Truly Understand The Coming Robot Revolution

Bloomberg via Getty Images In the 2016 London Assembly elections, I was shortlisted to go to the first round of candidate selections for Lewisham and Greenwich. One of the key aspects of my pitch was to turn London from one of the most toxic environments in terms of air quality to one of the best cities in the world, specifically by removing all diesel vehicles from London by 2021. One of those attending in the audience asked me, “take a taxi driver with their own vehicle, how are you going to convince them to do this?”. My response brought […]

Digitalisation of work: blessing for some, curse for others

Digitalisation of work: blessing for some, curse for others

It is a commonplace that we live in the age of disruption. The latest trend towards digitalisation is set to accelerate changes in the workplace and transform the labour market perhaps irreversibly. Current debates on the digitalisation of work concern the extent and degree to which advanced technology such as robotics, artificial intelligence, machine learning and algorithmic decision-making could substitute for manual labour. More worryingly, this is considered to be a potentiality that affects not only the manufacturing industry but also the services sectors and impact on knowledge-intensive jobs.

But technological innovations do not only lead to the displacement of […]

Artificial intelligence is not there, but it is expected

Artificial intelligence is not there, but it is expected

see photogallery In 2014, the Billionaire Tesla CEO Elon Musk s eñaló que la raza humana está mucho más cerca de un levantamiento de robots parecido a la ciencia ficción de lo que la mayoría de la gente cree: “El riesgo de que algo muy peligroso ocurra es en el plazo de cinco años. Diez años como máximo”. Muchos estarán de acuerdo conmigo en que vamos tarde para el primer plazo. Me atrevo a apostar –sin miedo a equivocarme- que también para el segundo.

Since time immemorial, man has strived to visualize and predict the future, and the higher intelligences […]

IT jobs: Traditional employment dying, here’s how AI and machine learning can revolutionise segment

IT jobs: Traditional employment dying, here’s how AI and machine learning can revolutionise segment

From driverless cars and automated recruiting processes to connected machines and voice assistants, these developments are rapidly boosting our productivity at home and at work. Mayank Kumar, Apoorva Shankar

We’ve all heard and read enough—if not actually seen the impact in our day-to-day lives—to figure out that artificial intelligence and machine learning are changing the world as we know it. From driverless cars and automated recruiting processes to connected machines and voice assistants, these developments are rapidly boosting our productivity at home and at work.
The late 1990s to early 2000s was the age of the Indian IT sector, which […]

Milford company wants to help regional manufacturers automate

Milford company wants to help regional manufacturers automate

Buy Now 966 Industries owner Kevin Frodermann wants to help bring automation to forefront in the region. The Milford, Iowa-based company provides industrial robotics integration sales, service and consulting and also provides machine shop services. Tim Hynds Sioux City Journal MILFORD, Iowa — Contrary to popular belief among those opposed to automation, Kevin Frodermann doesn’t want robots to take human’s jobs.

Instead, the 37-year-old owner of 966 Industries of Milford, Iowa, wants to use the expertise of he and his staff to help to help regional companies automate systems through the use of robotics so they can find more fulfilling […]

800 million workers will be replaced by Robots by 2030, study suggests

800 million workers will be replaced by Robots by 2030, study suggests

800 million workers will be replaced by machines by 2030, study suggests One-third of US workers could be jobless by 2030 due to automation

A new study by the consultancy firm, McKinsey Global Institute (MGI), reveals that up to one-third of the United States workers and 800 million workers globally could lose their jobs as a result of automation by 2030.

The new report, entitled “Jobs lost, jobs gained: Workforce transitions in a time of automation,” builds on previous MGI research published in January of 2017. The consulting firm now estimates that between 400 million and 800 million individuals […]