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Is the threat of job automation affecting your recruitment strategy

Is the threat of job automation affecting your recruitment strategy

Is the Threat of Job Automation Affecting Your Recruitment Strategy?

If the threat of job automation is impacting your organization’s ability to attract top talent, it’s likely time to revisit your recruitment strategy. Because technology has become a big part of how different industries perform tasks, it can cause a fear of job stability for many employees seeking new positions in these industries. Fear of being replaced by software or an algorithm can cause job seekers to consider switching industries or independently pursue training.

According to ADP’s study 43 percent of employees believe that “automation will replace employees for repetitive […]

Automation And The Future of Work: Are Management, Creative, And Administrative Jobs At Risk?

Automation And The Future of Work: Are Management, Creative, And Administrative Jobs At Risk?

An astounding 47% of jobs in the United States alone are at high risk of being automated over the coming 20 years. A combination of new business models, technology, workforce automation, and globalization is changing the way that companies do business – and the workforce is at the crux of it all. New job categories will replace many of these automated jobs. But the real question is: What happens to the people rendered redundant, and how likely will companies help ensure their success?

Traditionally, robots and automation are associated with the displacement of more manual labor. However, the stark reality […]

Universal Basic Income

Universal Basic Income

Universal Basic Income by Independent Trader

It wasn’t long time ago when Swiss had a referendum about universal basic income (UBI). They rejected it. The initiators of the campaign for UBI wanted a minimum salary to be paid to everyone regardless of their age, occupation or level of income. The UBI was aimed to replace pensions and benefits thanks to which numbers of bureaucrats would decrease. One argument for such a change is advancing automation and the end goal is to disconnect salary from work.

The Swiss economy is one of the most efficient economies in the world. Robotised manufacturing […]

“They’ve just shot the wrong thing.” Automation, immigration and Brexit at London Tech Week

The absence of Ashok Vaswani, CEO of Barclays UK, at London Tech Week’s Future of Work panel was a telling hint at the enormous, Brexit-shaped elephant in the room.

While technology and business leaders had gathered to hear a panel talk about the changing face of work, the pound was plummeting to a 31-year low. As a result, optimistic words about the future of 21st-century employment had to jostle around the awkward fact that Britain’s future economy was, and continues to be, very much in the toilet.

The young can look forward to a “more secure” and “prosperous future”, Boris Johnson […]

Report: EU Floats Social Security Payments For ‘Electronic Persons’

Report: EU Floats Social Security Payments For 'Electronic Persons'

European authorities are reportedly questioning whether manufacturers should be on the hook for the impact of factory robots on human employees and social services.

Reuters reports that a draft European Parliament motion would urge reconsideration of a wide range of issues in the age of automation.

One provision would ask whether "the most sophisticated autonomous robots could be established as having the status of electronic persons with specific rights and obligations."Another floated the possibility of funds to cover the liability of individual smart robots, while another suggested that robot owners could pay social security in order to sustain those programs […]

The return of the machinery question

The return of the machinery question

THERE IS SOMETHING familiar about fears that new machines will take everyone’s jobs, benefiting only a select few and upending society. Such concerns sparked furious arguments two centuries ago as industrialisation took hold in Britain. People at the time did not talk of an “industrial revolution” but of the “machinery question”. First posed by the economist David Ricardo in 1821, it concerned the “influence of machinery on the interests of the different classes of society”, and in particular the “opinion entertained by the labouring class, that the employment of machinery is frequently detrimental to their interests”. Thomas Carlyle, writing […]

Automation and anxiety

Automation and anxiety

SITTING IN AN office in San Francisco, Igor Barani calls up some medical scans on his screen. He is the chief executive of Enlitic, one of a host of startups applying deep learning to medicine, starting with the analysis of images such as X-rays and CT scans. It is an obvious use of the technology. Deep learning is renowned for its superhuman prowess at certain forms of image recognition; there are large sets of labelled training data to crunch; and there is tremendous potential to make health care more accurate and efficient.

Dr Barani (who used to be an oncologist) […]

Re-educating Rita

Re-educating Rita

IN JULY 2011 Sebastian Thrun, who among other things is a professor at Stanford, posted a short video on YouTube, announcing that he and a colleague, Peter Norvig, were making their “Introduction to Artificial Intelligence” course available free online. By the time the course began in October, 160,000 people in 190 countries had signed up for it. At the same time Andrew Ng, also a Stanford professor, made one of his courses, on machine learning, available free online, for which 100,000 people enrolled. Both courses ran for ten weeks. Mr Thrun’s was completed by 23,000 people; Mr Ng’s by […]

March of the machines

March of the machines

EXPERTS warn that “the substitution of machinery for human labour” may “render the population redundant”. They worry that “the discovery of this mighty power” has come “before we knew how to employ it rightly”. Such fears are expressed today by those who worry that advances in artificial intelligence (AI) could destroy millions of jobs and pose a “Terminator”-style threat to humanity. But these are in fact the words of commentators discussing mechanisation and steam power two centuries ago. Back then the controversy over the dangers posed by machines was known as the “machinery question”. Now a very similar debate […]