Tag: Services

Let’s find solutions to problems of youth not social media banter

Let’s find solutions to problems of youth not social media banter

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, […]

Column: Is gig the next big thing?

Column: Is gig the next big thing?

The world of work is undergoing a radical shift, thanks to automation and artificial intelligence. More than 2,000 people are expected to hear from dozens of diplomats, professors, military professionals and journalists on 31 panels at this year’s St. Petersburg Conference on World Affairs. [File photo from 2018 conference by Denis Thuin] Editor’s note: The author will speak at the St. Petersburg Conference on World Affairs, which runs Tuesday night through Friday. Click for more details .

By Ann M. Morrison

Special to the Tampa Bay TimesMy brother-in-law is an Uber driver in Springfield, Ill. My nephew uses specialized software to […]

Vijay Eswaran Talks About the Role of Technology in the Modern Business Landscape

Vijay Eswaran Talks About the Role of Technology in the Modern Business Landscape

As influential leaders, entrepreneurs, and politicians gather in Davos, Switzerland, for the World Economic Forum, one topic is on everyone’s mind: the impact technology is having on the workplace. Canadian Prime Minister Justin Trudeau touched on the topic with concern for the speed of change. He stated that “the world of work certainly has changed a lot since I started out in business in the 1980s… The pace of change, [especially technological change], has never been this fast, yet it will never be this slow again.” This echoes the fears that many of us share about the pace of […]

How Artificial Intelligence Will Transform Our Economic Future

How Artificial Intelligence Will Transform Our Economic Future

Look around. Artificial intelligence applications are everywhere, from the automated production lines in factories to the machine learning algorithms that extract meaning from mountains of data. AI has become the fabric of modern society. But where is it all going?

As computing systems become smarter, and as intelligent automation and the economy become more tightly interwoven, people start to wonder … will robots take our jobs ? For experts who study such matters, the short answer is yes — some of them. But do not fear. Artificial intelligence applications will also create new employment opportunities never before imagined, boost profitability […]

Chart of the WeekChina’s Digital Dividend

Chart of the WeekChina’s Digital Dividend

(FeatureChina/Newscom) Digitalization has created millions of new jobs in China, accounting for between one-third and one-half of employment growth in the world’s second-largest economy.

Our Chart of the Week shows employment in two sectors: information and communications technology (ICT) and retailing. ICT added 14 million new jobs for high-skilled workers in the five years through 2016, and the average wage doubled. But ICT is just one part of a much larger picture. E-commerce and the sharing economy are even bigger drivers of job creation, according to our recent IMF staff working paper . Alibaba Group’s e-commerce platform, for example, has […]

Tech Is Splitting the U.S. Work Force in Two

Tech Is Splitting the U.S. Work Force in Two

Dominic Valente for The New York Times

PHOENIX — It’s hard to miss the dogged technological ambition pervading this sprawling desert metropolis.

There’s Intel’s $7 billion, seven-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. Start-ups in fields as varied as autonomous drones and blockchain are flocking to the area, drawn in large part by light regulation and tax incentives. Arizona State University is furiously churning out engineers.And yet for all its success in drawing and nurturing firms […]

Employment multiplier impact of sectors key to job creation

Employment multiplier impact of sectors key to job creation

LAHORE: Pakistan lacks data on employment multiplier impact of each sector, but can get guidance from the US data to create more employment opportunities in the country.

The research on US economy may not be fully relevant to Pakistan, as automation in the US is very high. Still, it can give our planners an idea on how to proceed. This government is rightly trying to boost manufacturing sector where the job creation is high. The textile sector is not included in this report because textile production in the US is mostly outsourced, but our planners have an idea about the […]

Reimagining The World Of Work

Reimagining The World Of Work

Innovations like AI and robotic automation are radically changing the workplace. But they are also changing the nature of work itself for the next generation. Having worked for one of Australia’s largest banks for more than 20 years, Eddy Ku, at 43, suddenly found himself out of a job last December. His position as innovation lead had been eliminated. To help him transition to new work, the bank paid for him to use Transition Hub in Sydney, where formerly employed people from different walks of life—whether ex-bankers, athletes or military personnel—come together to “reset” and build skills to adapt […]

How to ‘future proof’ your career: The top 10 growth jobs over the next five years

How to ‘future proof’ your career: The top 10 growth jobs over the next five years

Worried a robot’s coming for your job? There’s still time to ‘future proof’ your career. Photo: YouTube The rise of automation and artificial intelligence means the prospect of a robot stealing your job is no-longer the stuff of science fiction.

However, there’s still time to ‘future-proof’ your career by choosing a job in one of the sectors tipped to grow over the next five years, new analysis by Sydney-based firm McCrindle has found.

From health care to sports and hospitality, these are the jobs and industries tipped to rise – and fall – over the next half decade. Four sectors to […]

IMF study highlights how digitization has transformed China

IMF study highlights how digitization has transformed China

How digitization has transformed China. Source: Shutterstock CHINA has grown to become a force to reckon with thanks to its championing of artificial intelligence (AI), 5G, and other new and emerging technologies. A new study by the International Monetary Funds (IMF) takes a hard look at the country’s digitization achievements so far.

Despite the debates and discussions that the US-China trade war is certain to make an impact on technology, China’s digital economy is expected to continue to expand rapidly. US-CHINA STRAIN MUCH BIGGER THAN TRADE WAR SAYS NUS PROFESSOR 0are quoted to have revitalized the economy.

Thanks to digitization, businesses […]