Tag: Services

New Report Predicts Shift in Education System to Keep Up with Future Job Market

To better understand the systemic change needed, Jobs for the Future (JFF), with the support of Pearson, conducted an in-depth review of the field, interviewing more than 20 education and workforce experts in the US and the UK. JFF also performed original research comparing the data from The Future of Skills with United States Bureau of Labor Statistics projections.

"As the future of work is realized, what makes us human is what will make us employable; education systems are already evolving to develop and measure the skills that matter, but there is much more that can be done," said Maria […]

Automation generates more jobs opportunities in Asia than it demolishes

Automation generates more jobs opportunities in Asia than it demolishes

According to a new report from the Asia Development Bank (ADB), new technologies like robots, automation, and Artificial Intelligence (AI) are creating more jobs in Asia than they destroy. Figure 1: The adoption of robotics and other connected systems stimulated higher productivity and economic growth, creating 134 million new jobs, compared with the 101 million lost to new technologies. Using productivity as a broad measure of technological advance, ADB’s input/output analysis of 12 economies in Asia found that, had output remained the same. Technology-driven increased productivity would have brought a 66 percent decrease in employment , equal to 101 […]

China to see more jobs in manufacturing, service sectors

Even with the rapid development of technology, especially in automation and artificially intelligence field, which can see tasks previously performed by humans taken over by robots, China is expected to create more jobs in both the manufacturing and service sectors, said an official from the World Bank.

"Since the global markets for manufacturing is expanding, our prediction is that the share of manufacturing jobs and the number of service jobs in China will continue to expand, much more than the last few years which were affected by the global financial crisis," said Simeon Djankov, director of the World Development Report […]

A radical trade prescription from the Federal Reserve: Stop complaining about China, and pay U.S. workers better

A radical trade prescription from the Federal Reserve: Stop complaining about China, and pay U.S. workers better

One doesn’t normally look to the Federal Reserve System for radical economic prescriptions, but it’s a good place to find reasoned economic analysis. A recent economic brief from the Federal Reserve Bank of St. Louis offers both: a solid explanation of the U.S. trade deficit, and advice to stop blaming China for the decline in U.S. manufacturing.

What makes this radical isn’t its substance per se, but its variance from Trump administration orthodoxy. Under the sway of Peter Navarro, an economist from UC Irvine, the Trump White House has treated the U.S. trade deficit with China as the whole economic […]

Employment 2: Technology Will Drive Value Added-jobs

Employment 2: Technology Will Drive Value Added-jobs

The pace of change, especially technological change, has never been this fast, yet it will never be this slow again. In the early 1900s, it was the Luddites smashing weaving machines. These days, retail staff worry about automatic checkouts. Professional drivers are already fretting over self-driving cars and trucks.

There is no denying the fact automation has been decimating more and more jobs every year. From supermarket cashiers to postal workers and travel agents, industries and jobs that were considered mainstays barely a decade ago are vanishing rapidly.

McKinsey Global Institute predicts that as many as 800 million jobs could be […]

AI Is Less Of A Threat Than Some Suggest

AI Is Less Of A Threat Than Some Suggest

NTT Docomo 5G robot mirroring the operator’s movements doing calligraphy, during the Mobile World Congress day 3, on February 28, 2018 . (Photo by Joan Cros/NurPhoto via Getty Images) While robotics and artificial intelligence (AI) promise great advances in productivity, mostly they seem to worry people. Commentators talk and write endlessly about how these marvelous technologies will steal jobs from both workers and the managerial class, creating a large unemployed population. If history has anything to say, however, and it does, such fears are not only exaggerated, they are off the mark entirely. Ultimately, AI will create more new […]

Why Artificial Intelligence Won’t Be as Bad—or as Good—as Everyone Thinks

Why Artificial Intelligence Won't Be as Bad—or as Good—as Everyone Thinks

The humanoid robot AILA (artificial intelligence lightweight android) operates a switchboard during a demonstration by the German research centre for artificial intelligence at the CeBit computer fair in Hanover March, 5, 2013. The biggest fair of its kind open its doors to the public on March 5 and will run till March 9, 2013. REUTERS/Fabrizio Bensch Robotics and artificial intelligence (AI) have fed two kinds of dreams, the first of the hopeful pleasant sort, and the other a nightmare. The first tells of great abundance, convenience and wealth. The other warns of job loss and widespread unemployment, among both […]

The Fed Can’t Save Jobs From AI and Robots

The Fed Can’t Save Jobs From AI and Robots

The day is coming, experts tell us, when artificial intelligence and robotics will massively disrupt the labor market. Autonomous vehicles will put 3.5 million truck drivers at risk of losing their jobs. Checkout machines may replace 3.4 million retail cashiers. That is only the beginning of the long list of jobs that will be destroyed by technological change.

The shift will not happen all at once, and most of the people who lose their jobs will eventually find new employment. The benefits of automation will include lower production costs, which will increase real incomes and job-creating consumer demand. But the […]

Does automation create jobs

QA Automation Engineer jobs at The If you are a tech professional who wants to directly apply for jobs, do NOT please create a new account to apply for jobs Are Robots Going To Kill Your Next Job Or were doomed by their hesitation to adopt automation. Search Brookings. As a result, many fear that technology is creating job-stealing robots. A new report from Citi and the Oxford Martin School explores the varying impact that automation of jobs will have on countries and cities around the world, in the near future and the coming decades. Forbes blogger Tim Worstall […]

Leveraging Automation in Job Redesign

Leveraging Automation in Job Redesign

Automation can be a friend in the workplace instead of an enemy. In this lesson, you’ll learn more about ways to leverage software and technology to redesign the responsibilities of team members. Robots in the Workforce

You’ve seen the headlines and probably heard your friends talking:

‘Robots will take 800 million jobs…”The future is automated and we’re all at risk…”The automation apocalypse is upon us…’The idea that robots are going to displace human workers, virtually taking over all industries and eventually the planet is hyperbole of the highest order. But, that doesn’t mean that automation isn’t around. Automation is the […]