Tag: productivity

[Industry 4.0] How will Industry 4.0 impact jobs?

[Industry 4.0] How will Industry 4.0 impact jobs?

It took a weeklong match in March this year between 18-time world Go champion Lee Se-dol and Alphago for it to hit South Koreans hard: Human beings could actually be replaced by artificial intelligence.

Alphago, the AI Go program developed by Google DeepMind, won four out of five games. The initial anticipation of Lee’s sweeping victory soon turned into self-assuring consolation that he at least managed one win.

“After the match, I was actually fearful of my own arrogant assumption that a man-made AI would never outperform a human,” said Kim Sung-jin, a 33-year-old researcher in material engineering. “When an AI […]

Will robotics take over HR?

Will robotics take over HR?

Tharman blasts HR in Budget attack on ageism HR leaders have been urged by Deputy PM Tharman Shanmugaratnam to stop their “unstated discrimination” against older workers looking for jobs.

Are you asking illegal interview questions? Have you ever asked a job applicant how old they are? If you have, you might be breaking the law. A leading Singapore employment lawyer looks at which interview questions could land you in hot water.

As technology advances, automation and robotics increasingly threaten to replace the workforce.Recent research has done little to soothe the worries of workers – including a report […]

Trump’s Right: Detroit Is Hurting. But He’s Wrong About Why

Trump’s Right: Detroit Is Hurting. But He’s Wrong About Why

In many ways, Detroit, Michigan is the perfect place for Donald Trump to try to appeal to the American people. It is a once-great city that badly needs to be made great again. It’s a place where today, nearly 40 percent of residents live in poverty and per capita income is roughly $15,000 —about half the national average. For Trump, it’s a fitting venue to make the case that the United States’ economic outlook is “ really bad! ” “ Sad! ” And, lest we forget, “ a total disaster! ”

Trump did as much when he addressed the people […]

Automation and Jobs for People

Automation and Jobs for People
Since the introduction of the first machines for weaving cloth and other automated processes during the Industrial Revolution, manufacturers have relied more on machines and less on humans for labor. Automation increased during the latter half of the 20th century, as computers were combined with machines to produce highly sophisticated robotic systems and other automated processes. Improvements in communication and information technology moved automation from strictly manufacturing processes to processes that involved more intellectual work. The result has been increased productivity and lower human resource costs for manufacturers and the elimination of some categories […]

Making disruption work for humans

Making disruption work for humans

Split, shatter, break apart. That is the original Latin meaning of the word disruption. Even today, the word provokes fear.

When my colleagues and I conceptualised this series, Fast Forward: Disruption and the Singapore Economy, of which you are now reading the final instalment, we considered technology-driven job loss to be a big threat. Just before this series was launched, Transport Minister Khaw Boon Wan spoke of a time, perhaps just 15 years away, when private cars would go the way of horse carriages as driverless vehicles become the norm; and with that change, the prospect that thousands of transport […]

Millions of ASEAN jobs vulnerable to automation, says International Labour Organization

HR and accounting among the sectors at risk as business process outsourcing gets overtaken by technology

Disruptive technology will put millions of jobs at risk of automation over the next 20 years, a new report from the International Labour Organization predicts.

ASEAN in transformation: How technology is changing jobs and enterprises , suggests that business process outsourcing (BPO), which currently provides employment around one million people in the Philippines alone, is one of five industries set to see big changes because of automation. Electronics, automotive and auto parts, textiles and retail face similar disruption.BPO involves contracting out specific business […]

A turning point in labour history

A turning point in labour history

The latest wave of automation heralds new transformations for society, but how can we ensure that nobody is left stranded? "The so-called sharing economy and the new wave of automation are appearing to rewrite the old rules." Cab drivers protest against Uber in Lisbon, 2016. Flickr/Stròlic Furlàn – Davide Gabino Follow. Some rights reserved. Several profound transformations are taking place in the world of labour at the same time. Aspects of a so-called sharing economy and the new wave of automation are appearing to rewrite old rules. The long-term consequences of this turning point depend on the policies adopted […]

Whatever Happened to Jobs? Automation, immigration, and joblessness

Keywords: jobs, immigration, automation, unemployment

President Obama, the Senate, and House Democrats wish to “fix” our “broken immigration system” by doubling legal immigration. Not content with that, and casting aside the rule of law, they wish to reward 11 to 20 million illegal aliens with legal status and, moreover, provide these miscreants with a “pathway to citizenship”—our most precious possession. A good idea?

Between 1916 and 1965—fifty years—immigration averaged just 218,000 per year. Since then the annual take has risen gradually to over a million per year, a growth unabated during the Great Recession and indolent recovery. Some blame our sluggish […]

Are you ready for the jobs of the future?

Are you ready for the jobs of the future?

The flow of reports about the impact of automation, mostly dire , continues. The latest is from StartupAUS , Australia’s national startup advocacy group.

This report follows the now familiar line captured in the phrase “exponential technologies”: exponential improvements in computer power and advances in technology such as artificial intelligence, robotics, big data, cloud computing and the internet of things will have a profound impact on future employment, with almost 5 million current jobs (that is 40% of the workforce) in Australia becoming obsolete by 2030.

This follows in the footsteps of a detailed CEDA report in 2015, which conducted the […]

Will Automation Take Our Jobs?

Will Automation Take Our Jobs?

Last fall economist Carl Benedikt Frey and information engineer Michael A. Osborne, both at the University of Oxford, published a study estimating the probability that 702 occupations would soon be computerized out of existence. Their findings were startling. Advances in data mining, machine vision, artificial intelligence and other technologies could, they argued, put 47 percent of American jobs at high risk of being automated in the years ahead. Loan officers, tax preparers, cashiers, locomotive engineers, paralegals, roofers, taxi drivers and even animal breeders are all in danger of going the way of the switchboard operator.

Whether or not you buy […]