Tag: Services

Automation to disproportionately affect women in healthcare

Automation to disproportionately affect women in healthcare

An emergency department in 2030 is poised to look much different as automation takes hold, and those changes are likely to disproportionately affect women in healthcare, according to a new report.

Automation will displace as many as 1 in 4 female workers across all sectors, or 160 million women, but that will be offset by an increase in demand and productivity, according to a new report from the McKinsey Global Institute. That does not account for "frontier" jobs that one could not even imagine today, said Kweilin Ellingrud, a senior partner at McKinsey and co-author of the report.

"It is scary […]

What is the fifth industrial revolution and how will it change the world?

What is the fifth industrial revolution and how will it change the world?

New technology is just the tip of the fifth industrial revolution iceberg (Picture: Brittany Hosea-Small/AFP/Getty Images) There were nearly two centuries between the first and second industrial revolutions.

We’re now living in either the third or fourth industrial revolution (also known as Industry 4.0), depending on who you talk to, and we’re ‘on the cusp’ of the fifth one.

With the third only fully getting underway in 2012, according to the Economist , that’s a lot of industrial revolutions for a decade.The first mechanised the textile industry, the second created the means for mass production and the third is around the […]

High Oxford researcher talks the chance of automation on employment

If you’ve been following the conversation about technological unemployment and the threat of robots and A.I. stealing jobs, you may have come across the prediction that 47% of current jobs in the U.S. are at risk of automation. That figure comes from a widely cited 2013 paper, titled “The Future of Employment.”

One of that paper’s co-authors, Dr. Carl Benedikt Frey, has now expanded on the thesis in a new book. Frey is co-director of the Oxford Martin Programme on Technology and Employment at the U.K.’s prestigious Oxford University. His new book, The Technology Trap: Capital, Labor, and Power in […]

Why AI Will Redefine (Not Replace) Jobs

Why AI Will Redefine (Not Replace) Jobs

Artificial intelligence (AI) is cascading out of the lab and into the real world. It is being applied in many fields, from health care and warfare to creditworthiness

In business, it seems that talk of the imminent dominance of AI is inescapable. Yes, it is beginning to transform the way organizations operate in substantial ways, but there is one thing that AI cannot do: be human.

And there is tremendous value in that because the study of AI is, essentially, a study of ourselves. I like computer scientist and CEO Sebastian Thrun’s perspective on AI: “Nobody phrases it this way, […]

The AI gig economy is coming for you

The AI gig economy is coming for you

Mary Gray On Wednesday, the Guardian published an article about the realities of producing Google Assistant. Behind the “magic” of its ability to interpret 26 languages is a huge team of linguists, working as subcontractors, who must tediously label the training data for it to work. They earn low wages and are routinely forced to work unpaid overtime. Their concerns over working conditions have been repeatedly dismissed.

It’s just one story among dozens that have begun to peel back the curtain on how the artificial-intelligence industry operates. Human workers don’t just label the data that makes AI work. Sometimes humans […]

Automation isn’t about giving in to the robots

Automation isn’t about giving in to the robots

Future workplaces still need those high skill jobs credentials to make it happen Image Credit: Hugo A. Sanchez/©Gulf News We’ve all heard the warnings of an impending dystopian future.

According to Deloitte, an estimated 35 per cent of UK jobs are at high risk of automation in the next 10 to 20 years, while in the past 15 years technology already contributed to the loss of over 800,000 jobs. Market research firm Forrester predicts 6 per cent of US jobs will be lost to robots and automation by 2021, with the main losses being felt in transportation, logistics, customer services, […]

Artificial intelligence, the future of work, and inequality

Artificial intelligence, the future of work, and inequality

Figure 1: Gross Domestic Product in five countries, 1000-2015. Source: The CORE-Econ Project. Credit: Colorado State University One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries since 1000 AD.

This economic progress, unprecedented in human history, would be impossible without major breakthroughs in technology. The economic historian Joel Mokyr has argued that the Enlightenment in Britain brought new ways to transfer scientific discoveries into practical tools for engineers […]

The future of work: Being a cashier is Maryland’s most common occupation, but it’s vanishing

The future of work: Being a cashier is Maryland's most common occupation, but it's vanishing

Technological advances could leave Maryland cashier’s jobless. (Karl Merton Ferron / Baltimore Sun) Lester Watson began ringing up customers some 40 years ago at a five and dime store before he landed a job at Hutzler’s, the longtime Baltimore department store. He wrote up sales tickets by hand at first, calculating how much, with taxes, a customer owed. Later, he punched numbered keys on a cash register that did the math for him.

Now, the 59-year-old cashier works at Graul’s Market in Ruxton, all but teaching a master class in customer service. As he scans product codes into what’s now […]

Cyber-Physical System Market Size & Positive Long-Term Growth Outlook 2018-2028

Cyber-Physical System Market Size & Positive Long-Term Growth Outlook 2018-2028

Researchmoz added Most up-to-date research on “ Cyber-Physical System Market: Will China be Able to Surpass Western Europe in Terms of Growth in the Coming Years: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)” to its huge collection of research reports.

The Cyber-Physical System market report [10 Year Forecast 2018-2028] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Cyber-Physical System market […]

Where workers risk losing jobs to automation, training must start now

Where workers risk losing jobs to automation, training must start now

Share0

Employees from the Czech Republic and Slovenia are most at risk of losing their jobs to automation, according to a new report by the Organisation for Economic Cooperation and Development ( OECD ). Poland, Italy and Slovakia are also considered some of the other countries where workforces are at risk of eventually losing jobs to automation.

The OECD is an international organisation geared at enhancing government policies that can lead to better opportunities and equality. Their annual report, published at the beginning of May, forms part of the OECD’s initiative to work with policymakers to bring about solutions to current […]