Whatever happened to all the jobs?

Whatever happened to all the jobs?

In the good old days of call centres, the revenues of Indian BPOs equalled the number of people they hired. Award winning journalist Goutam Das first book ‘Jobnomics’ on India’s unemployment crisis and what the future holds, could not have been more perfectly timed. The latest "unpublished" report by the National Sample Survey Office (NSSO) only confirms our worst fears, that there are not enough jobs going around, pushing young, educated youth to desperation. The anger of young people could well spell doom for the five-year-old Modi government, which is presenting its "vote-on-account", the last of its financial papers, […]

How Will Automation, AI Impact Healthcare Employment?

How Will Automation, AI Impact Healthcare Employment?

Source: Thinkstock The report, titled Automation and Artificial Intelligence: How machines are affecting people and places , looks back at how automation impacted the workforce from the 1980s to 2016 and offers projections on how new automation and artificial intelligence (AI) tools will affect the economy by 2030.

“The next phase of automation, increasingly involving AI, seems like it should be manageable in the aggregate labor market, though there are many sources of uncertainty,” Mark Muro, Senior Fellow and lead author of the report, stated in a press release . “With that said, the potential effects will vary significantly across […]

A good time to replace human workers with robots? When the next recession comes.

A good time to replace human workers with robots? When the next recession comes.

A robot named Marty cleans the floors at a Giant grocery story in Harrisburg, Pa., Tuesday, Jan. 15, 2019. On Monday, the Carlisle-based Giant Food Stores announced new robotic assistants will be arriving at all 172 Giant stores by the middle of this year. The chain’s parent company says it plans to eventually deploy the robots to nearly 500 stores. (AP Photo/Matt Rourke) Matt Rourke / AP Robots’ infiltration of the workforce doesn’t happen gradually, at the pace of technology. It happens in surges, when companies are given strong incentives to tackle the difficult task of automation.

Typically, those incentives […]

Brookings: Food Service Jobs for Humans in Jeopardy as Automation Takes Hold

Brookings: Food Service Jobs for Humans in Jeopardy as Automation Takes Hold

Photo by Andy Kelly on Unsplash The Brookings Metropolitan Policy Program released a new report yesterday on the future and impact of automation on the U.S. workforce. Predictably, food service jobs do not fare well.

Automation and Artificial Intelligence: How machines are affecting people and places forecasts automation trends across industries through 2030. From that report:

Approximately 25 percent of U.S. employment (36 million jobs in 2016) will face high exposure to automation in the coming decades (with greater than 70 percent of current task content at risk of substitution). Among the industries with the greatest share of tasks […]

The Effect of AI Across the US and How to Adjust

The Effect of AI Across the US and How to Adjust

New Brookings study says the potential effects will “vary significantly across occupations, regions, and demographic groups,” so policymakers have a lot to do to adapt to the new reality.

Whatever you look artificial intelligence is present. In order to get a handle on how and where this technology, and automation in general, will impact U.S. workers, the Brookings Institute analyzed data in a variety of industries, geographies, and demographic groups across the country.

“The next phase of automation, increasingly involving AI, seems like it should be manageable in the aggregate labor market, though there are many sources of uncertainty,” said Mark […]

Brookings Says a Quarter of U.S. Jobs To Be Automated Soon

Brookings Says a Quarter of U.S. Jobs To Be Automated Soon

The report from the Brookings Institution released on Thursday drew lots of attention, most of it positive. Its conclusions were condensed into a single sentence: “Approximately 25 percent of U.S. employment (36 million jobs in 2016) will face high exposure to automation in the coming decades.”

In the past this was cause for much hand-wringing and calls for more government training for people working in low-skilled positions to prepare them for the brave new world of automation and artificial intelligence. Instead what is remarkable is how the U.S. economy is adapting to the changes taking place, and preparing for more […]

Chefs and truck drivers beware: AI is coming for your jobs

Chefs and truck drivers beware: AI is coming for your jobs

Robots aren’t replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation of existing work, according to a new Brookings Institution report.

Thursday’s report from the Washington think tank says roughly 36 million Americans hold jobs with "high exposure" to automation — meaning at least 70 percent of their tasks could soon be performed by machines using current technology. Among those most likely to be affected are cooks, waiters and others in food services; short-haul truck drivers; and clerical office workers.

"That population is going to need to upskill, reskill or change jobs […]

Report: AI is coming for 36 million jobs, and sooner than you think

Report: AI is coming for 36 million jobs, and sooner than you think

We’ve probably covered enough Killer Robot stories here for a little while, so let’s veer back to the other half of the AI equation. Assuming Artificial Intelligence doesn’t “wake up” in the near future and destroy us all, even the supposedly tame and manageable robots will be able to cause plenty of problems. First and foremost is the issue of all the jobs they will take away from flawed and limited human beings. How many jobs are we talking about and how soon will this robot workforce be kicking into high gear? According to a new report from the […]

Automation will change every job, but only 25% are on the chopping block

Automation will change every job, but only 25% are on the chopping block

Coming for a job near you. Automation is coming, but not for everyone. Researchers at the Brookings Institution estimate just 25% of occupations in the US—in production, food service, and transportation—are at “high risk” for losing jobs from the advance of automation. “Automation is not the end of work,” said Mark Muro, policy director for the Brookings Institution’s program on urban economies and co-author of a study published Jan. 24.

Most occupations will see specific tasks assumed by machines, but much of their labor will likely be enhanced, rather than fully replaced, through automation, the study found. That’s because automation […]

The Doomed Fallacy of Jobs and Growth (Part 2)

The Doomed Fallacy of Jobs and Growth (Part 2)

Jobs. You just have to say the word and objections to anything seem to evaporate. A slight lift in the employment figure and the nation breathes a sigh of relief. But why, in a time of rapid automation, does work still dominate our thinking? In Part 2 of this series (you can read Part 1 here ), Mike Dowson challenges our assumptions about jobs.

If you arrived from outer space, and plugged a human language translator into Earth’s chatter, you’d probably notice something odd. It appears we humans believe our well-being depends on the possession of a ‘job’.

This might […]