Tag: Services

Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent

Minister Thinks Singapore Needs to Stop Snubbing Seniors for Fintech Talent

Technology isn’t just changing the way businesses work, it is also impacting careers across all fields and disciplines. This is especially true for the financial sector, as financial services institutions are investing heavily in new technological capabilities to enhance competitive positioning and operating efficiencies.

While it may seem like a rat race when it comes to adopting new technologies, it is crucial to not neglect the humans who will ultimately be driving that change. An ageing workforce

In Singapore, the traditional “hire-and-fire strategy” – hiring people with the skills for emerging jobs and firing those in less relevant jobs […]

Robot redundancy: four future scenarios for Kiwis’ jobs

Robot redundancy: four future scenarios for Kiwis' jobs

We’ve long been hearing about the threat of "robot redundancy" – and just whose jobs are at risk of automation.

Fewer than 5 per cent of jobs can be done entirely through automation today – and researchers have thrown out wildly varying forecasts how this might soon change.

One headline-grabbing study from Oxford University, suggesting that 47 per cent of all employment in the US was at risk of being replaced by computers and algorithms in the next 20 years, appeared overblown when set against findings of a forensic OECD investigation.Of the 21 advanced nations that report looked at, only 9 […]

Pete Buttigieg Trivializes the Impact of Trade on US Job Losses

Pete Buttigieg Trivializes the Impact of Trade on US Job Losses

Democratic presidential candidate Pete Buttigieg speaks with attendees during a campaign stop at Stonyfield Farms in Londonderry, New Hampshire, on April 19, 2019. Scott Eisen / Getty Images In his campaign for the Democratic presidential nomination, Pete Buttigieg has been telling audiences that the U.S. lost six times as many jobs due to automation than trade from 2000 to 2010, according to The Washington Post . This is literally true, but for all practical purposes it is a very big lie.

The way in which it is true is that we always lose jobs to “automation,” which is known to […]

What Industry 4.0 means for your job

What Industry 4.0 means for your job

Artificial intelligence (AI) is outperforming humans in an increasing number of tasks and is likely to replace humans in more and more jobs. In the Middle East, 50 per cent of the CEOs surveyed for the 2019 Mercer Global Talent Trends believed that more than 20 per cent of current jobs will cease to exist in the next five years.

Governments in the region have been quick to realise the power of innovation as a way to transition from their resource-based economies to knowledge-based ones. The UAE has witnessed extraordinary digital transformation, with a strong government focus on developing the […]

Businesses adopting digital tech to provide better customer experience: Report

Businesses adopting digital tech to provide better customer experience: Report

Digital transformation also open door to new business opportunities, thus creating employment NEW DELHI: Today, India is at the cusp of digital transformation. With nearly 500 million internet users and roughly 340 million smartphone users in 2018, the digital wave is touching the lives of millions of people, shaping them into a digitally empowered society.

According to a new report by AIMA and KPMG on the ‘Socio Economic Impact of Digital Transformation, businesses are adopting digital technologies to achieve higher operational efficiencies and provide better customer experience.

Technology start-ups have further accelerated the trend by disrupting the traditional industries through innovative […]

Will Robots Completely Replace the Labor Force in Future Rapid Machining Industry?

Will Robots Completely Replace the Labor Force in Future Rapid Machining Industry?

With the advancement of Robotics in recent years, will they become a cheaper alternative to a human labor force? Robotics ( Newswire.net — April 18, 2019) — With the accelerated development of artificial intelligence and 3D printing, robots will expand to all corners of the rapid machining , covering the industry sector is not limited to services, technology and technology work is not spared. Then when people lose their jobs, their income is also deprived.

AI and Robots will Replace Humans after their High Development Earlier, a British broadcaster had reported that French socialist Benoit Hamon won the 29th […]

Good life after work

Good life after work

LONDON ― Almost all "robots are coming" stories follow a tried-and-true pattern. "Shop Direct puts 2,000 UK jobs at risk," screams a typical headline.
Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of "jobs at risk" ― that is, percentages of workers whose livelihoods are threatened by high-tech automation.
To quote another representative example: "A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end."
Sometimes, this […]

Good life after work

Good life after work

LONDON ― Almost all "robots are coming" stories follow a tried-and-true pattern. "Shop Direct puts 2,000 UK jobs at risk," screams a typical headline.
Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of "jobs at risk" ― that is, percentages of workers whose livelihoods are threatened by high-tech automation.
To quote another representative example: "A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end."
Sometimes, this […]

Future of work about much more than technology, automation: Report

Future of work about much more than technology, automation: Report

Employers must prepare for broader trends impacting labour market – including a possible rise in wildfires, floods and mudslides Calgary endured its heaviest flood in decades in 2013. A new report from the Brookfield Institute for Innovation and Entrepreneurship says employers need to prepare for more natural disasters in the future. Reuters/Andy Clark/File Photo

When predicting the future, employers have much more to worry about than technological change and automation, according to a new report by the Brookfield Institute for Innovation and Entrepreneurship in Toronto.

Demographic change, environmental sustainability, political uncertainty and globalization are all factors employers must consider when forecasting […]

The good life after work

The good life after work

LONDON – Almost all “robots are coming” stories follow a tried-and-true pattern. “Shop Direct puts 2,000 UK jobs at risk,” screams a typical headline. Then, quoting from authoritative reports from prestigious institutes and think tanks, the article in question usually alarms audiences with extravagant estimates of “jobs at risk” – that is, percentages of workers whose livelihoods are threatened by high-tech automation. To quote another representative example: “A new report suggests that the marriage of [artificial intelligence] and robotics could replace so many jobs that the era of mass employment could come to an end.” Sometimes, this bleak outlook […]