The case for taxing robots — or not

The case for taxing robots — or not

Should your Roomba need a W-2?

Probably not, but it’s an amusing thought when debating the more serious topic of whether or not a robot should have to pay taxes — and how to do it.

During the June MIT Technology Review EmTech Next event, two experts argued both sides of the question before an audience at the MIT Media Lab in Cambridge, Massachusetts. Ryan Abbott , professor of law and health sciences at the University of Surrey, argued in favor of taxing robots, while Ryan Avent , economics columnist for The Economist, argued against the idea. Both agreed there needs […]

What automation means for gender gap

What automation means for gender gap

Recent trends, and the broader history of technological change, indicate that automation will usher in major shifts in labour markets over the next decade, displacing millions of workers but also creating millions of new jobs that require new skills. The McKinsey Global Institute, having documented these changes for several years, has produced a new report examining how automation might affect men and women differently. A key conclusion of the study is that persistent gender disparities in the workplace, as documented in a previous MGI report, will make it more difficult for women than for men to adapt to the […]

How Emerging Technologies Are Changing the Future of Work

How Emerging Technologies Are Changing the Future of Work

Imagine your workplace ten years from now. Chances are it’ll be very different from today thanks to fast-evolving technologies that are changing the nature of work, the dynamics of the workforce, and the notion of the workplace.

To stay relevant and competitive, you need to understand the impact of emerging technologies on the future of work. You must incorporate these innovations strategically to attract the right talent, increase efficiencies, and improve the bottom line. How the Future Of Work Will Change

Emerging technologies will impact the future of work in these major categories: The Nature Of Work Technologies […]

What Automation Means for the Gender Gap

What Automation Means for the Gender Gap

skynesher/Getty Images Within the next decade, rapid advances in artificial intelligence and automation will radically upend the labor market, replacing millions of jobs with new occupations that will require new technical skills. For women, the challenge is especially acute, because they will still face all the usual obstacles to gender parity at work.

BERKELEY – Recent trends, and the broader history of technological change, indicate that automation will usher in major shifts in labor markets over the next decade, displacing millions of workers but also creating millions of new jobs that require new skills. The McKinsey Global Institute, having documented […]

Advancing the Debate on Taxing Robots

Advancing the Debate on Taxing Robots

Ryan Abbott on left, moderator Gideon Lichfield, and Ryan Avert on right When Bill Gates proposed a couple of years ago that robots taking human jobs should be taxed, I confess that I wondered if Gates was as intelligent as I always thought he was. It seemed a somewhat nutty idea. Why should we tax something that leads to productivity—something our economy desperately needs? And what the heck is a robot anyway in the era of robotic process automation (RPA) and automation software of many other stripes?

The idea seemed so farfetched that I didn’t really take it seriously, but […]

Automation, teen pregnancies affect women’s lifelong earning potential

Automation, teen pregnancies affect women's lifelong earning potential

The automation of work and early pregnancy are most likely to impact a woman’s lifetime earning potential, according to recent reports on women’s health and welfare. Rising economies in Asia could be most affected. Indien Frau mit Baby arbeitet in einer Spinnerei (Imago/Robertharding) Delegates at the recently concluded Women Deliver Conference, the world’s largest gathering for gender equality, concluded that teen pregnancies and automation of work processes were two major reasons why women would earn much lesser than their educated or male counterparts throughout their lives.

The McKinsey Global Institute, which presented a study at the conference, analyzed job patterns […]

No, the robots aren’t taking our jobs as Deloitte Access Economics report finds technology is creating more interesting work

No, the robots aren’t taking our jobs as Deloitte Access Economics report finds technology is creating more interesting work

As robots increasingly take over boring and repetitive tasks, more challenging and interesting jobs are being created for humans. Workers have nothing to fear from the pace of technological change, because new technologies are creating just as many jobs as they are destroying, a new report claims.

However, WA’s labour force is facing serious shortages in skills that robots don’t possess — such as customer service, and the ability to care for others.

A new report from Deloitte Access Economics, The Path to Prosperity: Why the Future of Work is Human, says workers’ fears about the rise of insecure work are […]

6 Things Businesses And Governments Must Do To Prepare For A Robotics-Driven Future

6 Things Businesses And Governments Must Do To Prepare For A Robotics-Driven Future

Robots have already substantially changed how businesses are run. Yet, if you think robotics technology plays an important role in the workplace today, its place and purpose will likely be near ubiquitous in industries of the future. Machines will become increasingly better at carrying out the tasks performed by humans (see Fab Mate for instance) and even do things that are impossible for humans to do. As a result, the human resource structure of the average business will change.

To deal with the challenges of a world where robots will play such an outsized role, businesses and governments must develop […]

‘It was bound to happen’: Machines are coming to the Vegas Strip — and they may take jobs

'It was bound to happen': Machines are coming to the Vegas Strip — and they may take jobs

Ford wants to use walking robots to help self-driving cars deliver packages. USA TODAY

LAS VEGAS – The coming of the machines is inevitable. And this city knows it.

MGM Resorts International this year plans to install at Las Vegas resorts an unknown number of automated beverage systems programmed to mix hundreds of different drinks – all at the touch of a button.It’s a job that for many years depended on the hands of living, breathing service workers. But as the incoming technology moves closer to Southern Nevada casinos, rank-and-file union workers can’t say for certain whether machines will force them […]

Is Universal Basic Income Coming? (infographic)

Is Universal Basic Income Coming? (infographic)

Is a Universal Basic Income a good idea? The Great Recession drove the wealth gap up significantly worldwide, and the very poor are struggling to regain their footing. Technology is exacerbating this problem as automation threatens to take a large percentage of the world’s unskilled labor positions in just a few short decades, leaving many to question how society can continue to sustain itself under these circumstances. Universal basic income is one possible solution, and the idea has been around longer than you may think.

Thomas Moore called for a universal basic income in Utopia, wondering what the societal benefit […]