Tag: robot

Spotlight: Time to prepare workers for future as fourth industrialization beckons

LONDON, April 11 (Xinhua) — Humans will be further liberated from strenuous and monotonous labor thanks to the development of robotics, artificial intelligence (AI), big data and other technologies that lead to the fourth industrial revolution.

Industry and technology leaders have realized it is high time that businesses and universities prepare workers for the future in an innovative way.

FAREWELL TO STRENUOUS, REPETITIVE WORKThe Industry 4.0 Summit and Expo, the UK’s largest event for the fourth industrial revolution, running from Wednesday to Thursday in Manchester, attracted start-ups, manufacturing companies, universities and other institutions that are involved in development and application of […]

AI could disrupt workforce in every sector by 2030, Brookfield report finds

AI could disrupt workforce in every sector by 2030, Brookfield report finds

Within the next 10 to 15 years, the Canadian workforce could face complex forces ranging from automation to digitalization, as technology begins to progressively assimilate into daily life. As part of its Employment in 2030 project, a new report by the Brookfield Institute for Innovation and Entrepreneurship explored the various trends compelling these big changes in Canada’s workforce. “Imagining possible futures can allow us to anticipate and plan more effectively for what’s to come.” The Turn and Face the Strange report used strategic foresight research methods to answer the broader “what if” questions that surround the future of employment […]

Energy, employment and economic growth: Kemp

Energy, employment and economic growth: Kemp

LONDON (Reuters) – Policymakers in the advanced economies are increasingly worried by the economic, social and political disruption resulting from the decline of traditional manual jobs in manufacturing, mining and distribution. FILE PHOTO: Job seekers wait to speak with staff at a National Agency for Employment (Pole Emploi) office in Aubervilliers, near Paris, France, December 20, 2017. REUTERS/Benoit Tessier/File Photo

Globalization, trade, migration, the rise of the internet, and the advent of artificial intelligence/robotization have all been blamed for the adverse impact on those who make a living from manual labor.

In reality, the loss of manual employment is the extension […]

Energy, employment and economic growth: Kemp

Energy, employment and economic growth: Kemp

LONDON (Reuters) – Policymakers in the advanced economies are increasingly worried by the economic, social and political disruption resulting from the decline of traditional manual jobs in manufacturing, mining and distribution. FILE PHOTO: Job seekers wait to speak with staff at a National Agency for Employment (Pole Emploi) office in Aubervilliers, near Paris, France, December 20, 2017. REUTERS/Benoit Tessier/File Photo

Globalization, trade, migration, the rise of the internet, and the advent of artificial intelligence/robotization have all been blamed for the adverse impact on those who make a living from manual labor.

In reality, the loss of manual employment is the extension […]

AI and the future of work: Main changes to expect in the next years

AI and the future of work: Main changes to expect in the next years

Artificial Intelligence (AI) is here to stay, and many people are not happy. After all, it is hard to embrace something that could displace about 40 per cent of human jobs in the next 15 years. In an interview for CBS’s 60 minutes, Kai-Fu Lee (a Chinese AI expert) also mentioned truck drivers, chauffeurs, waiters, and chefs as some of the professions that will be disrupted.

That right there must have hit a nerve. However, everything is about to change because this article highlights some of the reasons you should not fear AI. And even if you were to ask […]

Opinion: PepsiCo’s massive, painful restructuring is actually a sign of strength

Opinion: PepsiCo’s massive, painful restructuring is actually a sign of strength

PepsiCo is being heavily criticized for its plans to spend $2.5 billion to restructure the company and pursue automation in certain procedures, resulting in a large, undisclosed number of layoffs among its 250,000-plus employees.

PepsiCo’s PEP, -0.11% layoffs would be better perceived if they were “justified” in some way — if the company were operating at a loss, for example, and needed to decrease its workforce to compensate. Not only is that the wrong way to look at businesses as they grow and evolve, but this mode of thinking perpetuates the false notion that layoffs and innovation are inherently bad.

That […]

We need a big bet on technology literacy and education to move America forward

We need a big bet on technology literacy and education to move America forward

Will technology take over our jobs, destabilize our society and democracy? Or can we leverage technology to amplify human purpose and potential?

Technology has created a strange new world. Cats playing piano can now get more attention than political leaders — perhaps deservedly. Artificial intelligence can now generate chillingly compelling “ fake news .” Police are having trouble pulling over Teslas whose drivers are sleeping .

But these effects are small compared with what I believe are the central questions of our time: Will all this accelerating technology — which will generate incredible productivity and wealth — also cause labor […]

Look out for I, Robot: 8 jobs soon to be lost to automation

Look out for I, Robot: 8 jobs soon to be lost to automation

While Jordan Peele’s psychological thriller "Us" put viewers on edge about doppelgangers , robots with the capacity to automate tasks might present a more pressing fear in 2019.

According to artificial intelligence experts, automation will swallow up certain jobs. And this is not in some distant future. Predictions call for this AI revolution to eliminate jobs beginning this year and growing for the foreseeable future.

AI expert and venture capitalist Kai-Fu Lee told "60 Minutes" he anticipated robots will affect 40 percent of the world’s jobs. "I believe it’s going to change the world more than anything in the history of […]

As technology changes our lives, shouldn’t it change our taxes?

As technology changes our lives, shouldn’t it change our taxes?

Picture: iSTOCK Technology and the internet are changing our lives. Online shopping is displacing the high street. The gig economy is disrupting employment patterns and wages. Gaming and streaming are altering leisure habits.

However, economies are being affected by the transformations to our lifestyles resulting from smartphones, artificial intelligence (AI), virtual reality, autonomous cars, to the internet of things and 3D printing.

Online shopping and price-comparison websites give consumers better information and more choice of places from which to buy, making it harder for companies to raise prices. Central banks are thus questioning whether inflation targeting remains valid for setting interest […]

Can AI create more jobs than it destroys?

Can AI create more jobs than it destroys?

Amidst the buzz and excitement around Artificial Intelligence (AI), there is simultaneous discussion on the possible consequences of AI. One of them is concerns of job loss. A very real issue, the fear of losing a job to a robot is making the policy think tank NITI Aayog to emphasise on the importance creating new employment to absorb those rendered redundant by automation.

The idea is to create a framework that will allow us to not only enjoy the advantages of AI in areas such as health, farming, education, infrastructure and transportation but to also look at “skilling and reskilling […]