[Watch] Robots may steal as many as 800m jobs in next 13yrs

[Watch] Robots may steal as many as 800m jobs in next 13yrs

A new study estimates that between 400 million and 800 million of today’s jobs will be automated by 2030.

The research by McKinsey Global Institute adds fresh perspective to what is becoming an increasingly concerning picture of the future employment landscape, reports Fortune.

“We’re all going to have to change and learn how to do new things over time,” institute partner Michael Chui told Bloomberg according to Fortune.In places where labor is cheaper and tech is more expensive, jobs may be less vulnerable than in more developed markets.In the US, it seems it’s the middle class that has the […]

Paradox of automation

Automation isn’t just for blue-collar workers anymore. In other words, automation is not causing persistent unemployment. We work with renowned distributors world wide and are present on all The automated machine labor revealed by this project is a symptom of the emergent autonomous production it documents, revealing the paradox of automation, labor, and value production: the cultural, historical, and aesthetic ruptures between automation and the (traditional) conceptual mappings of human society. Humans are less involved, but their involvement becomes more critical. The Air France The Paradox of Automation’s “Last Mile” My collaborator, Siddharth Suri, and I have spent nearly […]

Automation and job loss statistics

Automation and job loss statistics

Mar 24, 2017 Up to around 30% of existing UK jobs are susceptible to automation from robotics and Artificial Intelligence (AI) by the early 2030s, but in many “The UK employment rate is at its highest level now since comparable records began in 1971, despite all the advances in digital and other labour-saving Dec 2, 2016 The US did indeed lose about 5. Are we facing a future of stagnant income and worsening inequality? Artificial intelligence could dramatically improve the economy and aspects of everyday life, but we need to invent ways to make sure everyone benefits. The topic […]

Mckinsey automation report 2017

Mckinsey automation report 2017

Automation could kill 73 million U. jobs by 2030. The institute, the research arm of the consulting firm McKinsey & Company, concludes that many tasks can be automated and that most jobs Dec 4, 2017 Hundreds of organizations around the world rely on OpCon’s automation to improve performance and reduce errors and overhead costs. Based on groundbreaking McKinsey research, this report shows that a Automation could kill 73 million U. works: Automation, employment, and productivity, published in January 2017, as well as. JANUARY 2017. m. 28, 2017 | Updated 8:39 p. All economies, from Brazil and Germany to India […]

Embrace the march of the robots – they are more likely to make us richer than redundant, says RUTH SUNDERLAND

Embrace the march of the robots - they are more likely to make us richer than redundant, says RUTH SUNDERLAND

It sounds like the quintessential anti-festive story. An animal welfare charity in San Francisco was accused of using a robot – it looks alarmingly like a giant egg – to clear homeless people off pavements in front of its offices. All was not quite as it seemed.

The sinister egg-bot, supposedly on a mission to socially cleanse the streets of undesirables, turned out to be a robotic crime-buster. And since the robot had been on patrol, break-ins, thefts and assaults had gone down, according to the Silicon Valley firm that made it.

The story illustrates a deep-seated fear about robotics and […]

Future of jobs is more secure with AI, robot, big data, machine learning, says Cognizant

Future of jobs is more secure with AI, robot, big data, machine learning, says Cognizant

As we enter 2018, ‘digital’, ‘big data’, ‘artificial intelligence’, ‘automation’, and ‘machine learning’ have become more than just buzzwords. As we enter 2018, ‘digital’, ‘big data’, ‘artificial intelligence’, ‘automation’, and ‘machine learning’ have become more than just buzzwords. (Photo: Agency) As we enter 2018, ‘digital’, ‘big data’, ‘artificial intelligence’, ‘automation’, and ‘machine learning’ have become more than just buzzwords. They are increasingly shaping the future of work and jobs . Despite high concerns about humans losing their jobs to automation — a concern that has existed since the dawn of the industrial age — the fact remains that the […]

Plumbers and nurses will be last to lose jobs to robots

All human jobs will be replaced by robots in the future, but plumbers, electricians and nurses will stay in employment the longest, according to an artificial intelligence expert.

U.S author Martin Ford, who has written a bestselling book on robots, warned that soon, humans wont be able to compete with machines in any vocation.

This follows an assurance from Labour’s deputy leader Tom Watson, that the rise of robots can be a good thing for Britain because they will do the ‘boring and routine’ jobs.But Mr Ford, whose most recent book is called Rise of the Robots: Technology and the Threat […]

Plumbers and electricians are the workers who will be last to lose their jobs to robots, AI expert reveals

Plumbers and electricians are the workers who will be last to lose their jobs to robots, AI expert reveals

All human jobs will be replaced by robots in the future, but plumbers, electricians and nurses will stay in employment the longest, according to an artificial intelligence expert.

U.S author Martin Ford, who has written a bestselling book on robots, warned that soon, humans wont be able to compete with machines in any vocation.

This follows an assurance from Labour’s deputy leader Tom Watson, that the rise of robots can be a good thing for Britain because they will do the ‘boring and routine’ jobs. They are coming: A U.S. AI expert has warned that all human jobs will be replaced […]

Another Effect Of The GOP Tax Plan

Another Effect Of The GOP Tax Plan

The GOP has passed its tax bill, and the real winners in this major overhaul to our tax system might surprise you. The group that stands to gain the most is not middle-class taxpayers, not the so-called upper 1 percent, and not even the multinational corporations. The real benefits will go to robots. Let me explain. The Republican tax plan is based on the theory of trickle-down economics — the idea that cutting taxes at the very top spurs investment that eventually trickles down to workers in the form of more jobs, higher wages, and greater opportunities.

The critical assumption […]

Robots, humans to fight for new jobs: Experts

Robots, humans to fight for new jobs: Experts

CHENNAI: Amid high concerns about humans losing their jobs to automation, experts say the year 2018 will be a crucial year in furthering this vision of the future of jobs based on a deep understanding of how humans evolve through change. Most predictions about the job scenario in the future involve automation, artificial intelligence (AI) and increasingly-redundant humans.

Nasdaq listed IT services major, Cognizant has envisioned 21 hitherto unimaginable jobs that would provide sustainable employment to scores of people in the coming decade. The company said that the foundation may well be laid in 2018.

Manish Bahl, senior director, Centre for […]