Planning a Career in the Age of AI

Planning a Career in the Age of AI

After decades of industrial robots, factory layoffs, and outsourcing, automation has finally arrived in the cubicle. A recent Wall Street Journal article spotlighted how the new “robots for the mind”—the complex algorithms and language models of generative AI—are creating rising uncertainty in the professional class.

In the past, automation has generally been more of a concern for blue-collar workers, especially those in the manufacturing sector. However, multiple recent studies suggest generative AI, with its emphasis on language tasks, means some of the work done by people who make their living with words (whether writing, coding, or coordinating people) may find […]

Will AI Take Our Jobs? Exploring the Impact of Automation on Employment

Will AI Take Our Jobs? Exploring the Impact of Automation on Employment

Will AI Take Our Jobs The rapid advancement of Artificial Intelligence (AI) has sparked widespread speculation about its potential to disrupt the job market. From manufacturing to finance, AI technologies are increasingly being integrated into various industries, automating tasks that were once performed exclusively by humans. As AI continues to evolve, the question on many people’s minds is whether it will ultimately replace human workers, leading to widespread job loss and economic upheaval. In this article, we delve into the complex dynamics of AI and its impact on employment, examining both the challenges and opportunities it presents. Will AI […]

Singapore’s Workforce Embraces the Future: Hybrid Work and Upskilling Take Center Stage

Singapore's Workforce Embraces the Future: Hybrid Work and Upskilling Take Center Stage

Singapore’s Workforce Embraces the Future: Hybrid Work and Upskilling Take Center Stage In the heart of Singapore’s bustling economic landscape, a recent study unveils a transformative shift in the workplace dynamics, as companies and employees navigate the evolving demands of flexibility, automation, and artificial intelligence (AI). The ‘Future of Work’ survey, a collaborative effort between Reeracoen Singapore and Rakuten Insight Global, paints a vivid picture of a workforce standing at the crossroads of tradition and innovation, grappling with the challenges and opportunities that lie ahead. The Hybrid Work Paradigm: A Balancing Act

As the world leans into the post-pandemic […]

The Impact of Technology on Employment

Technology has significantly transformed the job market and the nature of work. While it has brought about increased efficiency and productivity, it has also raised concerns about job displacement and the changing skill requirements. One of the main impacts of technology on employment is automation. Advances in robotics, artificial intelligence, and machine learning have led to the automation of various tasks and processes. Jobs that involve routine, repetitive tasks are particularly vulnerable to automation. This has led to concerns about job displacement, as machines can often perform these tasks more efficiently and at a lower cost than humans. However, […]

The Intersection of Artificial Intelligence and Society

AI won’t replace people; instead, people with AI will replace people without AI. According to experts, the increasing prevalence of artificial intelligence is expected to improve the lives of the majority of people in the next decade. However, there are widespread concerns regarding the impact of AI advancements on human identity, productivity, and the exercise of free will.

Let’s first explore the definition and current state of artificial intelligence before exploring its future. The ability of machines or computer-controlled robots to do tasks normally associated with human intelligence is known as artificial intelligence. Artificial Intelligence is essentially a branch of […]

The Double-Edged Sword of AI: Its Impact on the Global Labor Market

The Double-Edged Sword of AI: Its Impact on the Global Labor Market

The Double-Edged Sword of AI: Its Impact on the Global Labor Market In an era where technological evolution is as certain as the sunrise, the advent of artificial intelligence (AI) is reshaping the global labor market with a force comparable to industrial revolutions of the past. As we stand at the crossroads of innovation and uncertainty, the impact of AI on employment worldwide emerges as a double-edged sword. On one side, AI’s capability to automate tasks heralds unprecedented efficiency and the creation of new job opportunities within technology and AI-related sectors. On the other, there looms the specter of […]

Do poor countries need a new development strategy?

Back in the 1990s and 2000s, the debate over development had pretty clear battle lines. On one hand you had the neoliberals, who thought that free trade, low regulation, prudent macroeconomics, and good health care and education were pretty much all you needed. On the other hand you had the industrialists, who thought that the key was to emulate South Korea, and pursue an industrial policy oriented around exporting manufactured goods. The latter camp was smaller, and included folks like Alice Amsden, Ha-Joon Chang, and Joe Studwell.

Interestingly, China’s rapid industrialization didn’t really settle the argument — its early successes […]

The Rise of Automation in the workforce: How Robotics impacts on jobs

The Rise of Automation in the workforce: How Robotics impacts on jobs

The Rise of Automation in the workforce: How Robotics impacts on jobs

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· Follow 3 min read·1 day ago Automation has emerged as a transformative force reshaping the workforce across various industries. The integration of robotics and advanced technologies into business operations has sparked discussions and debates surrounding its implications for jobs and employment opportunities. In this article, we delve into the rise of automation in the workforce and explore its profound impact on jobs. Understanding Automation in the Workforce Automation in the workforce refers to the adoption of technologies and robotics systems to perform tasks traditionally […]

Skill development: Key to India’s shifting job market

Skill development: Key to India's shifting job market

Skill-based education is paramount to bridging the gap between potential and realisation in a job market increasingly favouring specialised technical skills

In today’s rapidly changing job market, skills development is of paramount importance. The job market is constantly evolving due to technological advancements, economic developments, and shifting client preferences. To excel in this dynamic environment, people must adapt and develop new abilities.

The future of work will not only revolve around hard skills but also encompass holistic skills. India, with over 808 million young workers below the age of 35, needs to reflect seriously on the correlation between skills and […]

Generative AI in Real-Time Decision Making: Applications in Dynamic Environments

Generative AI in Real-Time Decision Making: Applications in Dynamic Environments

Artificial intelligence had a banner year in 2023, capturing headlines for generative tools that went mainstream (ChatGPT, DALL-E, and Midjourney leading the way) and the reactive efforts by world governments to assess and start reigning in what AI can and cannot do.

While these hands-on applications are likely to be the first (and in some cases only) examples most people think of when they hear “AI,” it is the application of advanced machine learning in dynamic environments that will have the most substantial long-term impact on our lives. And yet, many of the most impactful developments in this space remain […]