Automation not about losing jobs, corporates say

Automation not about losing jobs, corporates say

A humanoid robot works side by side with employees in the assembly line at a factory of Glory Ltd, a manufacturer of automatic change dispensers, in Kazo, north of Tokyo July 1, 2015. — Reuters pic KUALA LUMPUR, Nov 20 — The advent of “disruptive” technology, particularly the anticipated arrival of artificial intelligence and robotics, has sparked global fears of mass job losses and worsening income disparity.

But to optimistic industry and tech players, the fear may be exaggerated.

Panellists at a forum discussing the future of work here say automation may not necessarily be a zero-sum game.While traditional jobs — […]

Jobs of the future: Here is what your children will be doing in 2025

Jobs of the future: Here is what your children will be doing in 2025

With the world aggressively embracing newer forms of technology, many of the existing job profiles are at stake. People are a little unsettled over this fact and believe that, within the next decade, a lot of jobs will become obsolete. In reality, they’ll vanish to the tune of over 100 million by 2025, according to recent McKinsey reports. Isn’t that a very frightening figure? In light of information like that, I can’t help but wonder what will the jobs of the future be like? What will we be doing? What will our kids be doing? But then again, before […]

MSM economics reaches for peak stupid

MSM economics reaches for peak stupid

I’m happy to say that we’ve reached MSM peak stupid thanks to Greg Jericho : So yes, we are seeing a solid increase in employment, but this is not resulting in a rise in overall average incomes like we would expect and as a result we are not seeing a similar boost in spending or consumer confidence. And when you throw in to the mix the fact that wages growth across the board is down it makes for a disconnect between the unemployment rate and our desire to spend. But perhaps there is some hope. Often when talking of […]

Bid to Revive U.S. Solar Factories Faces Familiar Job-Killer

Bid to Revive U.S. Solar Factories Faces Familiar Job-Killer

Macau | Group submit petition to complain application requirements for social housing Bloomberg – A bankrupt Georgia company is pushing to revive U.S. solar manufacturing with a trade case that’s headed for the president’s desk.

The simmering dispute from Suniva Inc. stands a good chance of leading to import tariffs, but don’t expect that to bring the jobs back.

While at least six Asian solar companies say the prospect of trade barriers has them weighing the idea of opening factories in the U.S., they’re likely considering highly automated facilities that won’t need armies of workers.Advanced manufacturing techniques and surging production, especially […]

We Need to Retool Higher Ed to Defeat Robots

Thousands of years ago, the agricultural revolution led our foraging ancestors to take up the scythe and plough. Hundreds of years ago, the Industrial Revolution pushed farmers out of fields and into factories. Just tens of years ago, the technology revolution ushered many people off the shop floor and into the desk chair and office cube.

Today, we are living through yet another revolution in the way that human beings work for their livelihoods—and once again, this revolution is leaving old certainties scrapped and smoldering on the ash heap of history. Once again, it is being powered by new technologies. […]

Bid to Revive U.S. Solar Factories Runs Into Familiar Job-Killer

Bid to Revive U.S. Solar Factories Runs Into Familiar Job-Killer

Suniva seeking import tariffs in bid to boost solar jobs

Automated new factories unlikely to require armies of workers

A bankrupt Georgia company is pushing to revive U.S. solar manufacturing with a trade case that’s headed for the president’s desk. The simmering dispute from Suniva Inc. stands a good chance of leading to import tariffs, but don’t expect that to bring the jobs back.While at least six Asian solar companies say the prospect of trade barriers has them weighing the idea of opening factories in the U.S., they’re likely considering highly automated facilities that won’t need armies […]

NTT Data Executive Reports Robots are Empowering Humans in the Workplace

Doug Reeder Innovation Leader at NTT DATA Services Virtual agents, virtual assistants, bots, and other automated technologies are supercharging workforces, said Doug Reeder, innovation leader at NTT DATA Services.

These technologies easily execute tasks that are mundane and repetitive, Reeder said.

“They allow people to do less of the mundane things,” he said.Reeder delivered the keynote address Thursday morning at the InnoTech Austin conference at the Austin Convention Center.Automation isn’t about displacing humans, but it’s about making them more productive by taking away labor’s most repetitive and time-consuming tasks, Reeder said.“Don’t automate anything that isn’t highly efficient in the first instance,” […]

AI and The Future of Work

AI and The Future of Work

Artificial Intelligence will have a profound effect on the way people work, and will almost certainly also impact the availability of jobs and distribution of income. But a number of leading technologists and economists speaking at a conference on AI and the Future of Work —presented by MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and its Initiative on the Digital Economy—earlier this month suggested that the changes may not be as rapid or as unusual as is popularly suggested, which is very different from much of what I hear at typical technology conferences.

MIT President Rafael Reif, who opened […]

How the Robot Revolution Could Create 21 Million Jobs

How the Robot Revolution Could Create 21 Million Jobs

Human and robot work together on a chain saw production line. With robots on the march, many tech visionaries foresee a world without jobs. The advance of artificial intelligence and automation, they say, will make much of the work people do obsolete. Some entrepreneurs such as Tesla Inc. Chief Executive Elon Musk predict so little human work will be left that a universal social-safety net will be needed to maintain economic order.

Now, a sunnier employment picture is coming into focus. At least 21 new job categories may soon emerge from technological and other societal changes, says a new report […]

Data skills could improve employment options as AI accelerates

Data skills could improve employment options as AI accelerates

Data sharing and data within digital literacy were among the subjects addressed by expert witnesses during the second House of Lords select committee hearing on artificial intelligence ( AI ). Watch out – artificial intelligence (AI) is going to steal your job!

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