Tag: Services

Adair Turner: ‘Every politician’s wrong about productivity’

Adair Turner: 'Every politician’s wrong about productivity'

‘Sometimes a useful role in public debate is to throw something deliberately provocative into the pond!’ Adair Turner is being provocative again. Almost a decade ago now he scandalised bankers and traders (although not the general public) when he declared the work of financiers to be “socially useless”.

A few years ago he made himself almost equally unpopular in central banking circles by suggesting they should consider monetising debt to rebalance their economies. Between Debt and the Devil by Adair Turner, book review

And now Baron Turner of Ecchinswell’s latest thesis is that politicians, everyone from the Chancellor Philip […]

Doctor Who: Kerblam!

Doctor Who: Kerblam!

Episode 7 of the first season with Jodie Whittaker as the Doctor is called “Kerblam!” We learn why very early in the episode, as the Doctor receives a teleport delivery via robot. Kerblam, we are told, is the biggest retailer in the galaxy. The Doctor had apparently ordered a fez some time ago and forgotten about it. If that were true and there were no other factors, we would think that the company was very late in delivery. But on the one hand, this might have been the Doctor passing through the earlier time period in which the order […]

Why AI Creates Jobs And New Work Opportunities

Why AI Creates Jobs And New Work Opportunities

Right now, we’re living on the precipice of a fourth industrial revolution. The first industrial revolution brought us steam power and machinery. The second brought electrical power, and with the third came the internet.

Which brings us to number four. But this new revolution, driven by artificial intelligence and automation, is taking a different tack from the previous ones. Those movements were all about introducing new technologies and new ways of working and then dropping them on top of how we did things already. This new revolution is about the fusion of people and technology, blurring the lines between the […]

AI and Automation Will Replace Most Human Workers Because They Don’t Have to Be Perfect—Just Better Than You

AI and Automation Will Replace Most Human Workers Because They Don't Have to Be Perfect—Just Better Than You

Sawyer the Robot will work for the equivalent of $4 per day. And he’s never in a bad mood. Can you compete with that? Route 9 skims by Boston and cuts clear across Massachusetts to Pittsfield, a city of roughly 50,000, the largest in Berkshire County. Well east of Pittsfield, Route 9 becomes Worcester Road, named for a city that in earlier times was the nation’s largest manufacturer of wire—barbed wire, electrical wire, telephone wire and the wire used in the making of undergarments by the Royal Worcester Corset Co., once the largest employer of women in the United […]

Intelligent machines prepare to take over your treasured job

Intelligent machines prepare to take over your treasured job

Picture this: You are cruising along Uhuru Highway and all of a sudden, your car comes to a halt exactly two metres from the car in front of you without you having hit the brakes. After 30 minutes on the road, you arrive at the main entrance of your workplace at the exact time the car informed you when the journey started.

ALSO READ: County eyes 600 jobs with new textile factory

You disembark and make your way to your office just in time to see the car park itself as you peer through the window to confirm that […]

AI in the Workplace: New Cognizant ‘Jobs of the Future Index’ Tracks 50 Emerging Roles

AI in the Workplace: New Cognizant ‘Jobs of the Future Index’ Tracks 50 Emerging Roles

Index to Identify New Jobs Created as Technologies like Artificial Intelligence, Automation, Bots and Big Data Continue to Grow

The Cognizant Center for the Future of Work launched a unique new measurement designed to regularly provide insight into what the jobs of the future will look like and how they are evolving. The Cognizant Jobs of the Future Index measures the changes in demand for 50 specific occupations and examines both the volume and velocity of new work that is emerging as artificial intelligence (AI), automation, and other next generation digital technologies take a greater foothold in the workplace.

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Cognizant debuts new work index: Jobs of the future grew 37% in a year

Cognizant debuts new work index: Jobs of the future grew 37% in a year

The Cognizant Center for the Future of Work announced Wednesday it has debuted a new index which provides insights into what jobs of the future will be and how they will evolve.

The Cognizant Jobs of the Future Index measures the changes in demand of 50 occupations (45 actual jobs and five proxy jobs) by examining the volume and velocity of new work that emerges “as artificial intelligence, automation and other next generation digital technologies take a greater foothold in the workplace.”

Cognizant partnered with ESI ThoughtLab , an economic research firm, to create the index.“When talking about the future of […]

Is Automation Really Taking All of Our Jobs Away?

Is Automation Really Taking All of Our Jobs Away?

It’s 2018. Technology is advancing exponentially and, as time goes on, becoming more and more integral to our lives. Machines are increasingly doing more work for us, but job creation has simultaneously been rising. According to the Bureau of Labor Statistics , nonfarm payroll employment increased by 213,000 in June 2018, and job growth occurred across professional and business services, manufacturing, and health care.

How jobs are still being created during technology’s takeover was a topic recently discussed in a TEDx talk with economist David Autor, who breaks down this paradox with two very interesting points:

The O-Ring – What […]

India’s higher education system needs drastic changes to address tech-induced challenges

Nov 13 (IANS): As the world stands on the brink of the Fourth Industrial Revolution, powered by a wide range of new technology breakthroughs such as Artificial Intelligence (AI), Machine Learning (ML), advanced robotics, Internet of Things IoT), Cloud computing and 3D printing, major changes are expected in the labour market globally.

There will be reduced demand for middle-skilled workers doing repetitive tasks and increased demand for more highly-skilled workers — and also low-skilled workers doing non-routine work. While many developed countries, such as the US and Japan, as also several European economies, are already experiencing this polarisation, the labour […]

Populating your organisation in the face of rapidly-advancing technology

Populating your organisation in the face of rapidly-advancing technology

Aadil Patel, National Head of the Employment practice at Cliffe Dekker Hofmeyr (CDH) Society is currently experiencing the beginnings of a revolution that will fundamentally change the way we in South Africa live, work and relate to one another. Driven by technology, this transformation presents diverse and fascinating challenges – as well as opportunities, not only for the evolving Human Resources (HR) function.

Due to its scope, scale and complexity, the Fourth Industrial Revolution (4IR) is unlike anything we have ever experienced before. The question becomes – is an organisation ready to face this new era of work and associated […]