Tag: productivity

The Dark Side of Automation Revealed

LastWeekTonight Table of Contents

> Introduction

The Impact of Automation on Jobs The Fear of Job Loss The Shift Towards Automation The Role of Technology in Job Transformation Automation in Manufacturing Job Creation in the Tech Industry The Complications of Automation Unequal Distribution of Job Opportunities Challenges for Displaced Workers Strategies for Adapting to Automation Retraining and Education Programs Embracing Episodic Careers The Role of Government in Addressing Automation Funding for Retraining Programs Support for Displaced Workers Conclusion The Impact of Automation on Jobs In today’s rapidly advancing technological landscape, the impact of automation on jobs has become a […]

The Impact of Artificial Intelligence on the Job Market: Contrasting Perspectives

The Impact of Artificial Intelligence on the Job Market: Contrasting Perspectives

Artificial Intelligence (AI) has been the subject of a huge debate when it comes to its impact on employment opportunities. While some argue that AI will result in job losses, others believe it will create new job opportunities. Two prominent figures in the technology industry, Tesla CEO Elon Musk and Nvidia CEO Jensen Huang, have expressed contrasting views on the future of AI and its implications for the economy.

Elon Musk, known for his ambitious goals and futuristic vision, has a more pessimistic outlook on the impact of AI on the job market. According to Musk, there will come a […]

Will AI Increase or Decrease Job Opportunities? Perspectives from Tech Visionaries

Will AI Increase or Decrease Job Opportunities? Perspectives from Tech Visionaries

Artificial intelligence (AI) has been a topic of immense debate when it comes to its impact on job opportunities. While some argue that AI will result in job losses, others believe it will create new employment opportunities. Two prominent figures in the tech industry, Tesla CEO Elon Musk and Nvidia CEO Jensen Huang, have expressed contrasting viewpoints on the future of AI and its implications for the economy.

Elon Musk, known for his ambitious goals and futuristic vision, has a more pessimistic outlook on the impact of AI on job markets. According to Musk, there will come a point where […]

The Digital Age & Automation: The Future of Work Explained.

The Digital Age & Automation: The Future of Work Explained.

The digital age and automation are transforming the way we work. As technology advances at an unprecedented rate, it’s crucial to understand how these changes reshape the employment landscape. In this blog, we will explore the impact of the digital age and automation on the future of work, dissecting the various aspects that make this topic so important. The Digital Age: A Transformation of Work

The digital age, characterized by the rapid development and widespread use of information technology, redefines how work is conducted. From cloud computing to smartphones and the Internet of Things, digital tools have become […]

Protecting Workers’ Interests in the Tech Revolution

Protecting Workers’ Interests in the Tech Revolution

Americans are experiencing the greatest technological transformation of the modern era. Automation and artificial intelligence (AI) are changing how we live, work and communicate.

But the future of this technology feels uncertain. Working people are concerned that this technology will make our jobs worse, make us earn less and maybe even cost us our jobs.

We’ve seen Hollywood studios threatening to replace writers with AI scripts and actors with digital avatars. We’ve seen warehouse workers denied bathroom breaks because an algorithm said it would hurt productivity. We’ve seen more gig work, less equity and fewer benefits.We need guardrails that put workers—not […]

Employability & education in digital space

The primary purpose of education is to empower graduates for jobs. Hence, the higher the education level, the more the employability should have been the natural outcome. Ironically, the reality is the opposite in less-developed countries. According to media reports, the unemployment rate among educated youths is the highest in Bangladesh. Over the last five years, graduate unemployment has doubled. A similar situation is observed in India and many other less-developed countries. For example, according to media reports, over 80 per cent of engineering graduates in India are failing to get engineering jobs-creating a syndrome of jobless graduates and […]

AI, Automation To Create 4.7 Mn New Tech Jobs In India By 2027: Report

While AI and automation will create new jobs, it would also necessitate reskilling and upskilling of 16.2 Mn workers in India by 2027, as per a report by ServiceNow and Pearson

In India, where automation has not yet significantly transformed physical processes as in other countries, the manufacturing industry is set to undergo the most substantial changes, it said

The report comes at a time when an increasing number of Indian corporates as well as startups are adopting AI and the country is home to over 70 generative AI startupsArtificial intelligence (AI) and automation will necessitate reskilling and upskilling of 16.2 […]

From barbers to firefighters, the most AI-proof jobs are blue collar

From barbers to firefighters, the most AI-proof jobs are blue collar

As the AI tsunami sweeps across the white-collar working world and fundamentally disrupts hundreds of millions of jobs , nearly 1 billion knowledge workers worldwide will be affected, and 14 million jobs will be wiped out.

Disruption from artificial intelligence is just one of the major structural shifts that will define the American economy over the next few decades. But while white-collar professionals stare down a turbulent job market and declining wages, a large, unexpected segment of the workforce may be safely on high ground: blue-collar jobs. The likes of skilled trades, intensive manual labor, and jobs that require a […]

US Manufacturing Is Already Thriving and Higher Tariffs Won’t Help

Last week I mentioned the use of bleak language by members of the commentariat to describe the state of US manufacturing, but I had no idea such a prime example of this mistaken rhetoric would present itself so quickly thereafter. Writing in the Wall Street Journal last week, Oren Cass called for raising tariffs to rescue an industrial base he described as “reeling.” But both Cass’s premise and prescribed remedy are badly flawed. United States manufacturing remains in robust health and new tariffs will only undermine the sector.

Although various metrics exist for assessing the state of manufacturing, perhaps the […]

AI: Reshaping Realms and Navigating New Frontiers

AI: Reshaping Realms and Navigating New Frontiers

Artificial Intelligence (AI) has swiftly emerged as one of the most revolutionary technological marvels worldwide. Its impact has already reverberated across diverse domains, spanning from healthcare to finance, promising to sculpt the future in profoundly inconceivable ways. Within this discourse, we shall delve into the profound imprint of AI upon our realm, together with the manifold prospects and quandaries it presents. The AI Upheaval

The notion of AI has loomed for decades, yet only recent years have unveiled momentous breakthroughs. This meteoric advance can be attributed to a confluence of factors, including the exponential surge in computational capacity, […]