Labour market effects of robots: evidence from Turkey

Labour market effects of robots: evidence from Turkey

Evidence from developed countries on the impact of automation on labour markets suggests that there can be negative effects on manufacturing jobs, but also mechanisms for workers to move into the services sector. But this narrative may not apply in developing economies. This column reports new evidence from Turkey on the effects of robots on labour displacement and job reallocation. In a nutshell

For most developed countries, studies of the impact of automation consistently find negative effects on the labour market; but the net impact of robots on employment and wage changes may be different in developing countries, as […]

The Future of Work in Nevada: Adapting to Automation and the Gig Economy

The Future of Work in Nevada: Adapting to Automation and the Gig Economy

The future of work in NevadaPhoto byTim MossholderonUnsplash The transition into a future dominated by automation and the gig economy is reshaping the landscape of work in Nevada, as well as globally. This transformation is driven by rapid advancements in technology, including artificial intelligence (AI), machine learning, and digital platforms that facilitate freelance and on-demand work. Understanding these changes is crucial for workers, employers, and policymakers alike as they navigate the challenges and opportunities presented by this new era of work. The Gig Economy’s Expansion and Its Impact

The gig economy, characterized by short-term contracts or freelance work as […]

These Are the Top 10 Threats From Artificial Intelligence The new book, “The Wolf Is At The Door,” breaks down the most pressing problems that AI presents to the world we live in.

These Are the Top 10 Threats From Artificial Intelligence The new book,

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Opinions expressed by Entrepreneur contributors are their own.The new book, The Wolf Is At The Door , teaches readers how to survive and thrive in an AI-powered world. In the following excerpt, author Ben Angel details what he has determined to be the top 10 threats that AI presents to our world today. 1. Manipulation By exploiting AI ‘s capacity to manipulate, actions such as persuading individuals to engage […]

Human Touch or High Tech? The Self-Checkout Debate Sparked by a TikTok User

Human Touch or High Tech? The Self-Checkout Debate Sparked by a TikTok User

Human Touch or High Tech? The Self-Checkout Debate Sparked by a TikTok User In a world increasingly dominated by automation and artificial intelligence, a TikTok user named Kevin, known on the platform as commachaser714 , has ignited a debate that strikes at the heart of our daily routines – the choice between self-checkout machines and traditional grocery clerks. With over 35,000 views, his video does not just lament a fading profession but underscores a deeper yearning for human connection in the age of efficiency. Preserving Tradition in a Digital Age

Kevin’s argument hinges on the idea that opting for […]

Between labour shortages and the desire to work part-time: ways out of the Swiss labour market crisis

Despite the economic downturn, Switzerland continues to enjoy a low unemployment rate and is even suffering from an increasing shortage of labour in many areas. The activation of the domestic labour potential could be a solution. However, as our employee survey reveals, confidence in the employability of older workers is declining. Respondents also show a clear preference for part-time work. This article discusses what options are available to combat the labour shortage.

After two years characterised by significant price increases and declining economic strength, the outlook for 2024 appears bleak. A silver lining, however, is that we have not yet […]

Between labour shortages and the desire to work part-time: ways out of the Swiss labour market crisis

Between labour shortages and the desire to work part-time: ways out of the Swiss labour market crisis

Despite the economic downturn, Switzerland continues to enjoy a low unemployment rate and is even suffering from an increasing shortage of labour in many areas. The activation of the domestic labour potential could be a solution. However, as our employee survey reveals, confidence in the employability of older workers is declining. Respondents also show a clear preference for part-time work. This article discusses what options are available to combat the labour shortage.

After two years characterised by significant price increases and declining economic strength, the outlook for 2024 appears bleak. A silver lining, however, is that we have not yet […]

Do immigrants crossing the US southern border take union jobs? Fact-checking Donald Trump

Do immigrants crossing the US southern border take union jobs? Fact-checking Donald Trump

Assembly line worker Ryan Pontillo attaches an LG battery to a 2023 Chevrolet Bolt EV at the General Motors Orion Assembly, June 15, 2023, in Lake Orion, Mich. (AP) Economy and labor experts told PolitiFact immigrants who recently crossed the U.S. border likely aren’t taking Michigan’s union jobs.

Instead, newly arrived migrants are likelier to work in jobs Americans don’t want to do, such as day laborer positions. These aren’t union jobs.

There is a correlation between an increase in immigration and a drop in unionization. However, experts said that’s not evidence that immigrants are taking […]

Politics—Not Tech—Can Save Black Jobs from AI

Politics—Not Tech—Can Save Black Jobs from AI

“Automation replaces men. This is of course nothing new,” explains James Boggs in his 1963 treatise The American Revolution: Pages from a Negro Worker’s Notebook. “What is new is that now, unlike most earlier periods, the displaced men have nowhere to go.” 1 This was particularly true for the many Black workers who, like Boggs, had migrated from the Jim Crow South to the northern cities in search of gainful employment during the postwar period. Unable to find meaningful work and with return to the South not an option, they remained trapped in urban ghettos with little hope for […]

The Impact of Automation on Employment

The Impact of Automation on Employment

The Impact of Automation on Employment

Automation has had a significant impact on employment in recent years, and the effects are only expected to increase in the future. Automation can lead to job losses in certain industries, but it can also create new opportunities in other areas. It’s important to consider the ways that automation is changing the job market, and how we can adapt to these changes.

For the last thirty years at the very least, and possibly longer depending on the movies we’ve seen, we’ve been hearing tales of the impending collapse of the human workforce. It is […]

The Rise of Industry 5.0: A Revolution Focused on Humans and Technology Synergy

The Rise of Industry 5.0: A Revolution Focused on Humans and Technology Synergy

Representative Imgae

Wondering what it’s all about, I am referring about Industry 5.0. While companies and whole industries are still in the middle of Industry 4.0, the next revolution is already well on its way—Industry 5.0.

The concept of Industry 5.0 is a relatively new one. According to the European Union, Industry 5.0 “provides a vision of industry that aims beyond efficiency and productivity as the sole goals, and reinforces the role and the contribution of industry to society.” and “It places the wellbeing of the worker at the center of the production process and uses new technologies to provide […]