Universal Basic Income – More than just fighting robots

Universal Basic Income - More than just fighting robots

Robots and artificial intelligence (AI) are here to stay. They’ll only become more and more efficient and intelligent. It’s not unnatural to ask the question: will these robots make us all redundant one day? Only time can tell how the future unfolds. The question to ask now is: what to do?

After World War II, it became a necessity for housewives to join the labour force. Mass education disturbed traditional professions and way of life. As children of farmers and artisans got educated, they entered their parents’ profession less and less. As a necessity, these sectors became mechanised and slowly […]

A Tech-Driven Boom Is Coming; Please Be Patient

A Tech-Driven Boom Is Coming; Please Be Patient

Technological advances like robots and artificial intelligence have led to profound changes in the world, but haven’t shown much impact on economic measures like wages or productivity. That may be about to change. It’s the biggest puzzle in the economy today: We are surrounded by technological advances, from artificial intelligence to robotics, but you can find no sign of it in wages or productivity. Apocalyptic warnings of jobs destroyed by automation look increasingly ludicrous amid a record streak of employment growth.

In the past year I’ve dug into this in columns and articles and concluded there isn’t a paradox: automation […]

Universal Basic Income – More than just fighting robots

Universal Basic Income - More than just fighting robots

Robots and artificial intelligence (AI) are here to stay. They’ll only become more and more efficient and intelligent. It’s not unnatural to ask the question: will these robots make us all redundant one day? Only time can tell how the future unfolds. The question to ask now is: what to do?

After World War II, it became a necessity for housewives to join the labour force. Mass education disturbed traditional professions and way of life. As children of farmers and artisans got educated, they entered their parents’ profession less and less. As a necessity, these sectors became mechanised and slowly […]

China work force to benefit from automation: McKinsey report

China work force to benefit from automation: McKinsey report

Beijing (People’s Daily) – 375 million people may have to change occupations by 2030, and a third of this number are Chinese, said a report on the impact of automation from McKinsey Global Institute (MGI) released in early December.

“Automation technologies including artificial intelligence and robotics will generate significant benefits for lifting productivity and economic growth,” said the MGI report titled, “Jobs lost, jobs gained: Workforce Transitions in a Time Of Automation.”

About half of all global job opportunities have the potential to become automated by adapting current technology, in addressing human concern on being replaced with machines.60 percent of occupations, […]

Automation future scope

Read our review and find the best home automation system for your needs and budget. Expanding the range and scope of RPA literacy is also commonly referred to as the democratization of RPA Nov 3, 2017The 11th annual SiriusDecisions Summit shared 7 predictions for the future of marketing automation. 2nd World Congress on Automation and robotics 2016 conference will be organized around the theme of Automation & Robotics for a Sustainable Future on June 13-15, 2016 at Philadelphia, USA. The effect of automation is often the focus of predictions about the future of jobs. A Pew Research Center survey […]

What Jobs Will Today’s Young People Have in the Automated Future?

What Jobs Will Today’s Young People Have in the Automated Future?

It’s getting harder all the time to be a parent with all the negative influences in society and media today. But a new problem is how to provide guidance to a young person considering a career in a future that looks to have profoundly different work opportunities because of automation, advanced software and robots.

A few decades ago, a kid might follow his father into a decent paying manufacturing job in a Ford or Chevy plant, but then many factories were outsourced to cheap-labor Asian countries. Now some production is moving back to the US to save money on transportation […]

The robots are coming for your job — but that might turn to be out for the best

The robots are coming for your job — but that might turn to be out for the best

As Santa and his reindeer set off to deliver Christmas gifts tonight, one wonders if their jobs may be replaced by the march of technology. A McKinsey Global Institute study suggests they might. The report, Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation, suggests job losses will be greatest where tasks are predictable and physical — such as freight delivery — but claims there will be gains in other areas, for example, for professionals and managers. Routine jobs are more at risk of automation than non-routine ones.

This would represent little more than a continuation of what […]

Future of automation technology

com free digital version print version 8,00 € printed in Germany 16© iStockphoto. Automation And Progress in the 21st Century In 2012, the United States Congress enacted the Move Ahead for Progress in the 21st century A new McKinsey Global Institute report finds realizing automation’s full potential requires people and technology to Harnessing automation for a future that The maritime industry has perhaps been slower than most to embrace container terminal automation, however, confidence inautomation technology is now at its highest What is the scope of PLC and automation training as a future career? What is the best place […]

Racing the Machine

Racing the Machine

Economists have always believed that previous waves of job destruction led to an equilibrium between supply and demand in the labor market at a higher level of both employment and earnings. But if robots can actually replace, not just displace, humans, it is hard to see an equilibrium point until the human race itself becomes redundant.

LONDON – Dispelling anxiety about robots has become a major preoccupation of business apologetics. The commonsense – and far from foolish – view is that the more jobs are automated, the fewer there will be for humans to perform. The headline example is the […]

Reverence for Robots: Japanese Workers Treasure Automation

The machines do all the heavy lifting at this plant run by Asahi Breweries, Japan’s top brewer. The human job is to make sure the machines do the work right.

"Basically, nothing goes wrong. The lines are up and running 96 percent," said Shinichi Uno, a manager at the plant. "Although machines make things, human beings oversee the machines."

The debate over machines snatching jobs from people is muted in Japan, where birth rates have been sinking for decades, raising fears of a labor shortage. It would be hard to find a culture that celebrates robots more, evident in the popularity […]