Tag: robot

Information technology jobs outpace most other jobs in productivity and growth since 2004

Information technology jobs outpace most other jobs in productivity and growth since 2004

Jobs in information technology-like computer software, big data, and cybersecurity-are providing American workers with long-lastings financial stability, suggests a new study from the University of British Columbia and the Massachusetts Institute of Technology.

"The future of jobs is in IT, and IT-intensive tasks" said Giovanni Gallipoli, co-author and associate professor from the Vancouver School of Economics at UBC. "Growth and productivity in jobs involving IT tasks are very strong, and workers who can perform such tasks have a clear competitive advantage in the labour market."

The study reveals the well documented slow-down in employment and wage gains associated with skills and […]

Ohio can play offense with the AI revolution by investing in quality education: Eric A. Hanushek (Opinion)

Ohio can play offense with the AI revolution by investing in quality education: Eric A. Hanushek (Opinion)

Ohio can build on relative strength in math education to shore up the educational skills of Ohioans and better position the state for the coming artificial intelligence revolution, writes guest columnist and educational expert Eric A. Hanushek. ( COLUMBUS, Ohio — All states today worry about the coming of the machines – the artificial intelligence revolution . Ohio more than most other states has already seen much of the potential for automation changing the face of employment . The answer for the future is investing in "automation insurance" – quality education.

History has previously seen large changes in employment. Much […]

Impact of AI on banking jobs: Industry’s reaction to ex-Barclays boss’ comments

Impact of AI on banking jobs: Industry’s reaction to ex-Barclays boss’ comments

An ex-Barclays chief executive last week claimed that AI will halve the number of jobs in the banking sector, but plenty of other industry voices have differing opinions concerning how the technology will affect financial services The impact of AI on banking jobs is a hotly-disputed topic that has been intensified after an ex-Barclays chief executive suggested the emerging technology will halve employment in the sector.

Antony Jenkins’ comments have received both support and opposition from many prominent figures, some of whom feel artificial intelligence (AI) is a threat to job security , and some who see it as an […]

No current jobs threat yet from AI, automation in labor front–DOLE

No current jobs threat yet from AI, automation in labor front–DOLE

When it comes to doing business, companies still prefer to keep their operations labor-intensive. At least for now.

The Department of Labor and Employment (DOLE) said it has yet to observe any game-changing shift in the local industries toward the so-called fourth industrial revolution with the mainstreaming of new technology like robotics and artificial intelligence (AI).

DOLE’s Bureau of Local Employment (BLE) cited the absence of a new massive displacement in industries that are expected to adapt to such innovation like the manufacturing and business-process outsourcing (BPO).“Companies are required to report anything related to displacement. This gives us a signal [on […]

As the age of AI looms, what is the future for labour and unions?

As the age of AI looms, what is the future for labour and unions?

Baxter the industrial robot, used on production lines, is on display at the Science Museum at Preview Of The Science Museum’s Robots Exhibition at Science Museum on February 7, 2017 in London, England. (Getty) Christo Aivalis is a postdoctoral fellow in the history department at the University of Toronto. He is the author of The Constant Liberal: Pierre Trudeau, Organized Labour, and the Canadian Social Democratic Left.

Every year, Canadians gather in early September to celebrate Labour Day. For many, it serves primarily as summer’s last hurrah. But Labour Day transcends barbeques and the back-to-school blues, stretching as it […]

No more sweat and dust: Factory work in Germany goes digital

No more sweat and dust: Factory work in Germany goes digital

DIGITALISATION: A digital factory floor plan seen at Stuttgart University, part of the Arena 2036 university-backed research project focusing on the digitalisation of the car industry. Dust, oil and sawdust used to be part of daily life for employees at German machine tool maker and laser technology specialist Trumpf. Not anymore. At the company’s Stuttgart factory, a large metal plate glides across the floor in a self-driving pallet, as if led by an invisible hand. The halls are large, bright and noticeably clean – the human workers don’t need to haul around sheets of metal or work heavy levers, […]

Thanks to AI, the need for humans to work for survival could soon be at an end

Thanks to AI, the need for humans to work for survival could soon be at an end

Should we fear the rise of the robots? Earlier this month, a report warned that over 6 million workers in the UK fear losing their jobs as a result of developments in automation. The Bank of England has gone further: its own study in 2015 estimated that 15 million British jobs could be at risk; more recently Mark Carney, the bank’s governor, suggested job losses caused by the technological revolution could re-create conditions seen after the industrial revolution of the 18th and 19th centuries.

The response to these warnings has been a flurry of comments in national newspapers, coloured by […]

How to Turn Workers into Innovators

How to Turn Workers into Innovators

In about a decade, one-third of current jobs could be automated. This doesn’t have to be a doomsday prediction if your plant can figure out how this paradigm shift will enhance your current workers.

Every week, there’s a new article about AI and automation becoming more efficient at manual tasks. By 2030, the McKinsey Institute estimates 39 to 73 million jobs — or one-third of the United States workforce — will be automated.

With no added context, this statistic sounds scary. Why would Americans invent themselves out of work? Unemployment and automation are not synonymous. Using these advancements, in tandem with […]

Why B.C. is the best prepared province to weather automation

Why B.C. is the best prepared province to weather automation

B.C. is one of two provinces best positioned to adapt to labour force changes resulting from automation, according to a C.D. Howe Institute report (via Zapp2Photo/Shutterstock) The automation of B.C.’s labour force won’t take the form of city buses being run by driverless programming or robotic limbs replacing kitchen staff.

At least not overnight.

But half of all Canadian jobs will be affected by automation over the next decade, according to a research paper released in March by RBC Economics.Humans Wanted found that the four million young Canadians entering the workforce in the next 10 years are “unprepared” for sweeping changes […]

Automation Has Already Changed Your Job. Here’s How.

Automation Has Already Changed Your Job. Here’s How.

According to Pew Research, about 70% of Americans are wary of a world in which machines execute tasks instead of humans.

Clearly, “automation” is a scary word for a lot of people.

But automation doesn’t mean losing your job to a fleet of robots! Usually, automation involves streamlining smaller, repetitive tasks and letting technology take care of the things you don’t really want to do. We call this “workflow automation.”Workflow automation currently saves workers around the world millions of hours every year. And as the technology continues to improve, it’s helping employees work smarter and realize their full potential. In fact, […]