Tag: productivity

Q&A with Bethany Hartley on conclusion of 5-year LIFT Network grant cycle

Q&A with Bethany Hartley on conclusion of 5-year LIFT Network grant cycle

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This audio file is brought to you byLoading audio file, please wait. Bethany Hartley (photo provided) SOUTH BEND, Ind. – From Lippert Components in Elkhart to ITAMCO in Argos to Lock Joint Tube in South Bend, companies, employees and their bottom line have benefitted from different programs offered through the LIFT Network and iNDustry Labs.Launched with a $42.4 million grant from Lilly Endowment Inc., the Labs for Industry Futures and Transformation (LIFT) Network, […]

Australia’s data-driven future will transform economy and workforce

Australia's data-driven future will transform economy and workforce

Jobs will increasingly involve collaboration with AI systems to enhance decision-making and efficiency (Screenshot via YouTube) The rise of data-driven technologies is profoundly influencing global economic trends, labour markets and the future of work.

This transformation is characterised by data becoming a critical asset, the expansion of the digital economy and the integration of automation and artificial intelligence (AI) across various sectors.

Australia, like many other countries, is experiencing significant changes driven by these technologies, affecting its economy and labour market dynamics. Global economic trends Data as a commodity: In today’s digital age, data has emerged as a vital asset, […]

Impact of artificial intelligence on the job market.

Impact of artificial intelligence on the job market.

Impact of artificial intelligence on the job market.

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· Follow 4 min read·5 hours ago Introduction Artificial Intelligence (AI) is rapidly transforming industries, economies, and societies. The advancement of AI technologies has the potential to revolutionize the job market, influencing the nature of work, job roles, and employment opportunities. While AI brings numerous benefits such as increased efficiency and productivity, it also raises concerns about job displacement, skill redundancy, and the growing demand for specialized skills. Understanding AI’s impact on the job market is critical, particularly in the context of policy-making, governance, and workforce development. Historical […]

Are Human Jobs Under Threat by AI? A Look at the Future of Work

Are Human Jobs Under Threat by AI? A Look at the Future of Work

The rapid advancement of * artificial intelligence (AI) is changing the landscape of human employment, with some professions at higher risk of replacement than others.

* The term Artificial Intelligence or AI refers to software technologies that enable machines, such as computers or robots, to simulate human thinking and behavior. In other words, it makes smart machines think and behave like human beings.

As AI technology continues to evolve, it raises important questions about which jobs are most vulnerable and how society can adapt to these changes.Recent studies and reports from various organizations have shed light on AI’s potential impact on […]

Labour Ministers agree G7 AI plan, but ignore cost-of-living and climate crises

Labour Ministers agree G7 AI plan, but ignore cost-of-living and climate crises

As requested by G7 Leaders, Labour Ministers from G7 countries agreed a ‘G7 Action Plan for a human-centred adoption of safe, secure and trustworthy AI in the World of Work’.

The Plan includes positive commitments to: Promote the active involvement and consultation of workers and workers’ organisations in the adoption of AI systems in the workplace.

Promote social dialogue and collective bargaining at all levels, including on the development, deployment and monitoring of AI. Address potential risks of undermining social dialogue, collective bargaining and other fundamental principles and rights at work, including freedom of association, non-discrimination in the world of […]

Automation and Job Markets

Automation and Job Markets

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Ethnic Studies

Definition Automation refers to the use of technology to perform tasks that would typically require human labor, often resulting in increased efficiency and reduced operational costs. The connection between automation and job markets is significant, as advancements in technology can lead to the displacement of certain jobs while simultaneously creating new opportunities in emerging fields. This dual impact shapes the landscape of employment and can influence economic systems globally.congrats on reading the definition of Automation and Job Markets. now let’s actually learn it. 5 Must Know Facts For Your Next Test> The rise of […]

Is it time for India to introduce a Universal Basic Income? Premium

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The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. | Photo Credit: Getty Images/iStockphoto

Due to the phenomenon of […]

The Future of Work in Central America and the Dominican Republic

The Future of Work in Central America and the Dominican Republic

Panama’s Metro workers with their computers. Photo: Javier Conte for The World Bank DOWNLOAD THE FULL REPORT

Technological progress has the potential to cause significant disruption in labor markets, but also to create new job opportunities for people in Central America and the Dominican Republic . Advances in agricultural and industrial machinery, computers, and now artificial intelligence (AI) have enabled machines to undertake many tasks previously done by humans, which puts jobs at risk.

Far from being a purely destructive force, technological progress and automation can generate employment . In competitive environments, automation can create jobs as price […]

Will AI hit employment and increase inequality?

Will AI hit employment and increase inequality?

A helping hand: A robot delivering food at the first restaurant in Kenya to use humanoid machines. Automation generally leads to productivity gains, which generate income that can be spent on new products and services. — AFP THE release of ChatGPT in November 2022 has raised great hopes that artificial intelligence (AI) can contribute to solving problems in many fields and lift productivity, but also fears that many jobs may disappear, and that income inequality could rise further.

AI is commonly seen as a general-purpose technology, like the internal combustion engine, early electricity-based technologies, and computers.

Such technologies have the potential […]

Automation in warehouses

Automation in warehouses

Views of Geekplus robots in action at the Geekplus Innovation Center in Suwanee, Ga., on Thursday, April 11, 2024. (Natrice Miller/AJC) Inside an unassuming building off Peachtree Parkway in Gwinnett County, robots, some of which look like Roombas on steroids, zoom around a warehouse floor, lifting pallets and moving racks of goods in precise routes.

Guided by QR codes on the floor, the robots are following a system outlining orders to fulfill.

The robots are made by Geekplus, a company based in China that has offices in the U.S. and has opened an innovation center in Suwanee, where it can demonstrate […]