A proactive approach to the changing business environment will benefit organisations and adapt to the change. Organisations in general, and HR departments in particular, will need to re-examine the way resources are deployed, and potentially invest in new skills for jobs that currently do not exist. Picture: Shutterstock The world as we know it is on the brink of a revolution, driven by emerging technologies that are set to fundamentally alter our lives in unprecedented and unanticipated ways. This shift to Industry 4.0, also known as the fourth Industrial Revolution, hinges off the increasing pervasiveness of digitisation.
Chicago alderman wants ‘robot tax’
As Amazon considers pulling its HQ2 out of New York City, Chicago is considering imposing a “robot tax” on companies looking to automate their way around high labor costs.
Chicago would impose a “robot tax” on companies as a penalty for automating, under a proposal that may soon get a hearing in the City Council.Ald. Ameya Pawar, 47th Ward, announced Feb. 11 his intention to introduce a pair of “Amazon protection ordinances” before his self-imposed final term ends in May, according to the Chicago Sun-Times .The proposals would include a steep fine – a “robot […]
Workers should have a say in the future of their jobs Close What will the future of work look like? It is a question that is being asked by many people — not just by economists, but by political scientists, labor organizers and everyday people alike. The reason for the popularity of this question has to do in part with what we see happening to labor in the marketplace. Go to a Walmart around here and you will find multiple self-checkout kiosks where you input the items you want to purchase through a scanner instead of employees scanning […]
Workplace automation meets brain drain and ageing populations: In Eastern Europe, the ‘Fourth Industrial Revolution’ will fundamentally transform job markets in the future – yet studies suggest that the effects may have surprisingly positive effects.
Brain Drain: It’s a term that has taken some momentum across a number of countries as officials consider how to retain young talent within their countries.
From fearing that Brexit might send talent running for the bright job markets and open borders of the European Union, to employers reportedly being forced to hike up wages in Eastern Europe as a last-ditch attempt to retain staff, it’s […]
Automation’s impact on jobs is one of the most talked-about issues in financial services right now. It’s also one of the most misunderstood.
Augmentation or elimination?
The conversation most of the world is having about the impact of intelligent machines on the workplace has its roots in a paper published in 2013 by two researchers at the University of Oxford. “Technology at Work: the Future of Innovation and Employment,” by Carl Frey and Michael Osborne, analyzed hundreds of different jobs for their susceptibility to automation. Alarmingly, the authors concluded that roughly one in two jobs in America is at […]
Technology is spreading throughout the workforce, leaving many people without jobs. Getty Images967522166 Companies are adopting emerging technologies wildly throughout the industry, but for Arizona, it is hard to ignore how much it is growing.
Intel’s $7 billion chip plant is going up in Chandler and Axon is bringing talent from Silicon Valley to Scottsdale to keep up with growing demand. Meanwhile, startups are also flocking to the area as well, the San Francisco Chronicle reports.
Even though innovation is taking place throughout the state, the vast majority jobs are still in workaday service industries, such as health care, hospitality, retail […]
The world’s two largest economies are engaged in a trade war without clear end. Britain is in the midst of a messy exit from the European Union.
Germany wants to block foreign takeovers of German companies. And worldwide there were more than three times as many restrictive trade measures implemented in 2017–18 as liberalizing ones, according to Global Trade Alert. All of this prompts the question: Is globalization going in reverse?
Not quite. Yes, trade in goods is growing more slowly amidst rising trade barriers in many places. But trade in goods is still growing, and trade in information and other […]
Employees assemble Tasers at the Axon headquarters in Scottsdale, Ariz., Jan. 29. While some jobs are changing or being eliminated because of automation, many positions at Axon still require the dexterity of human hands.
PHOENIX — It’s hard to miss the dogged technological ambition pervading this sprawling desert metropolis.
There’s Intel’s $7 billion, 7-nanometer chip plant going up in Chandler. In Scottsdale, Axon, the maker of the Taser, is hungrily snatching talent from Silicon Valley as it embraces automation to keep up with growing demand. Startups in fields as varied as autonomous drones and blockchain are flocking to the area, drawn […]
1of3Abhijit Majumdar, AI/vision developer at Plus One Robotics, demonstrates the PickOne, a Swiss-made robot that sorts out cluttered packages, which uses software developed by Plus One.Photo: Bob Owen / Hearst Newspapers It’s hard to miss the dogged technological ambition pervading the sprawling desert metropolis of Phoenix.
There’s Intel’s $7 billion, 7-nanometer chip plant going up in Chandler. In Scottsdale, Axon, the maker of the Taser, is hungrily snatching talent from Silicon Valley as it embraces automation to keep up with growing demand. Startups in fields as varied as autonomous drones and blockchain are flocking to the area, drawn in large […]
The spectre of unemployment will neither be solved by knee jerk reactions to media stories, nor from formal employment.
It’s a complex monster, which to tackle, calls for a radical recalibration of our means of production, the collective national spirit towards entrepreneurship, and a revamped education system to align to the technological changes sweeping the world.
The tale of Ms Ruth Rono, the fabled first-class Chuka University graduate of economics who resorted to odd jobs to eke out a living, captured the nation’s imagination. Her plight sent tongues wagging. Social media, as usual, erupted. And then, thankfully, […]