A data-driven network model can be used to study occupational mobility and automation by analyzing how workers transition into new jobs in response to automation scenarios. The model takes into account the network structure of occupational mobility and its impact on unemployment levels    . At a macro level, the model reproduces the Beveridge curve, a key stylized fact in the labor market, providing insights into its counter-clockwise cyclicality   . At a micro level, the model provides occupation-specific estimates of changes in short and long-term unemployment corresponding to automation shocks . The network structure plays […]
Apprentices Colin Paul (Left) and Patrick Hooper (Right) work on robotic welding at the Gakuto Club training facility in Wheeling, IL The manufacturing landscape is rapidly changing. As we stand on the cusp of Industry 4.0, the demand for a highly skilled, adaptable workforce is more pronounced than ever. Enter Gakuto Club, a 501(C)(3) nonprofit training center focused on providing affordable and accessible STEM workforce education to students and adults, regardless of socioeconomic background.
As a testament to its mission statement, Gakuto Club has recently launched the Gakuto Club Apprenticeship Program – with a series of stackable credentials that demonstrate […]
MAXIM SHEMETOVREUTERS Since the pandemic, the demand for food delivery has exploded. In light of this surge, apps like Uber Eats, Postmates, Grubhub, and a slew of others have come under scrutiny for their extremely exploitative labor practices . Many of these companies, as well as fast food corporations, have announced plans to use drone technology to carry out delivery. Drones would allow them to cut down on labor costs, highlighting the precarious nature of many jobs in the ‘gig economy’ that can be eliminated once the technology exists to do so .
For now, the technological advancements needed to […]
The year is 2057 and the SRA considers whether there are any benefits for robots allowing humans into the legal profession. The Solicitors Regulation Authority has warned firms of the risks of using artificial intelligence, as well as highlighting the benefits of the latest technology (so as to appease our future robot overlords).
In a report for the legal profession, the SRA outlined the key pros and cons of using AI.
Inaccuracies and bias in AI can be a problem, warned the regulator, as the technology can produce incorrect and "possibly harmful results". The SRA warned that AI could produce legal […]
Date: 04 June
Manufacturers in the UK are experiencing a monumental shift in the way they operate. The advent of automation and robotics is not just a buzzword; it’s a fundamental revolution that is reshaping how goods are produced, processed, and delivered to the market. While the promises of increased efficiency, reduced costs, and improved quality are enticing, the road to embracing these technologies is not without its hurdles.
This summit is dedicated to exploring the rapidly evolving landscape of automation and robotics in the manufacturing industry, and more importantly, addressing the challenges that manufacturers face in this […]
Artificial intelligence from the perspective of workers and CEOs
maria clara s. scheffel
· Follow 5 min read·2 hours ago–We’ve all had that moment when we wanted to watch a movie but didn’t know what to choose. The right choice is crucial because it ensures viewership, guaranteeing that we’ll continue paying for our Netflix subscription, which generates recurring financial income for the platform. For us, it ensures entertainment. However, good recommendations are only possible because Artificial Intelligence tracks our behavior on the video platform.This is why streaming services like Netflix use Artificial Intelligence to make recommendations. On Wikipedia, […]
The big question about Artificial Intelligence, other than whether it will destroy human civilization , is the effect it will have on employment. Large language models already seem poised to automate large fractions of the work in certain industries , and the technology is only getting more capable.
There are, broadly, two schools of thought about this issue, what we might call the optimists and the pessimists. The optimists note that we’ve been automating work for hundreds of years, and it has yet to result in sustained, large-scale unemployment. Certain jobs, like telephone switchboard operators or dockworkers , get automated […]
We have all seen the headlines. How will AI impact jobs? Robots are coming for your manufacturing roles. As manufacturing professionals who are well versed in automation technologies – and what it really takes to operate them effectively and successfully – we know there’s more to the story. And that’s why the International Society of Automation (ISA), the leading professional society for automation, authored a position paper on this very subject: Automation Depends on People .
With each new innovation in society, we see corresponding headlines and public concern about how that innovation will be responsible for job loss. This […]
Automation has not wiped out a majority of jobs because it both substitutes for and complements labor, leading to higher demand for labor. Changes in technology do affect the types of jobs available and their pay, but the polarization of the labor market is unlikely to continue in the future. Recent and future advances in artificial intelligence and robotics will shape the trajectory of occupational change and employment growth, with computers substituting for routine tasks and workers providing problem-solving skills, adaptability, and creativity. The risk of job loss due to automation is driven by occupation-specific factors, but the rise […]
In recent years, the healthcare industry has experienced rapid transformation fueled by technological advancement. From electronic health records (EHRs) and telemedicine to automation and artificial intelligence (AI), technology is already revolutionizing healthcare.
But how will this reshape the healthcare employment landscape? And is technology the solution to the industry’s growing talent shortage ?
According to one recent study, 99% of industry leaders believe that it’s critical to their organizations to actively invest in digital transformation. In fact, 84% say that their workforce is required to use at least some digital health tools.Needless to say, these innovations are not only reshaping existing […]