Tag: Services

What driverless trucks might tell us about jobs and the rise of the robots

Far too much of the chatter about jobs and technology is built around static analysis. Robot workers replace human workers. Assuming much smarter machines — such as self-driving vehicles — here comes mass technological unemployment.

But the effect of tech on labor markets is dynamic , not static. Automation may increase demand for goods and services, and thus the jobs producing them, by allowing their production to be performed more cheaply. This is the story of ATMs and teller jobs, for instance. (Just as importantly, tech progress can create new tasks and more employment opportunities.) And it also might be […]

When robots take our jobs

When robots take our jobs

Robotics at work on a Telsa car in California. April 23, 2013. (EPA) This is the weekly roundup of The WorldPost , of which Nathan Gardels is the editor in chief.

Having slowly recovered from the great recession a decade ago, the global economy is finally back on the growth track — including in the United States, as the American president characteristically trumpeted in his State of the Union speech this week.

The coming peril resides in the promise of this good news. As unemployment falls and puts pressure on wages to rise in the age of digital capitalism, automation […]

Since a lot of jobs are going to be automated what skills should

Some office automation equipment will foster jobs that require less skill than do manual operations, but many jobs found in an automated office require a higher were increased by automation and that this would help them obtain salary increases, even though only 30 percent of them had achieved such increases since 13 Jul 2017 Similarly, as automation reduces the need for administrative skills, other attributes will become more sought after in the workplace. 19th century, in which a group of English textile artisans protested the automation . "The dire predictions that robots are taking our jobs are overblown," Lund […]

Will automation reduce machinist jobs

The story revolves around a postapocalyptic Mar 10, 2011 CIM: How do you fight the stigma that all automation does is eliminate human workers? Lucier: The first thing to point out is that all industries are undergoing critical challenges with more and more machining work being sent overseas. India already has a high rate of unemployment, and further technology unemployment could only heighten Oct 10, 2017 Google, Uber, Tesla and the major truck manufacturers are looking to a future in which people like Baxter will be replaced – or at the very least downgraded to co-pilots – by automated […]

Minds and machines explore new territory together, says MIT research scientist

The cutting-edge technology of minds and machines is working together, says MIT expert

Abu Dhabi: The combination of mind and machine or human and artificial intelligence will define humanity’s future, an MIT scientist said on Wednesday.

Dr Andrew McAfee, principal research scientist at the MIT Sloan School of Management, told the majlis of His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, that when minds or human intelligence partner with machines or artificial intelligence (AI), we will have the most significant advancement to our capabilities.Despite the many human […]

The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

anucha sirivisansuwan/Getty Images The basic fact is that technology eliminates jobs, not work. It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Otherwise the potential created by technical progress runs to waste in idle capacity, unemployment, and deprivation. — National Commission on Technology, Automation and Economic Progress, Technology and the American Economy, Volume 1, February 1966, pg. 9.

The fear that machines will replace human labor is a durable one in the public mind, from the time of the Luddites in the early 19th century. Yet most economists […]

Kosmala to Chair PTI Conference

Kosmala to Chair PTI Conference

PTI is proud to announce Kris Kosmala, Vice President APAC with Quintiq, as the Master of Ceremonies for the upcoming Container Terminal Automation Conference.

Kosmala brings many years of extensive experience in the port, services and technology sectors, and presently works in Singapore with Quintiq, a software and development company specializing in the development and provision of advanced mathematical optimization software.

Having moderated several sessions at last year’s conference , Kosmala proved to be a highly popular and dynamic host and will moderate many sessions at the upcoming conference including, but not limited to, The Future of AI, the […]

Union Budget 2018: AI and robotics need more funds and policy framework, say home-grown pioneers

Union Budget 2018: AI and robotics need more funds and policy framework, say home-grown pioneers

How artificial intelligence is transforming the stock market The business impact of Artifical Intelligence (AI) and robotics is rising by the day, and these frontier techs are fast reshaping industries and providing better and faster services. Industries depend on AI to mine data accumulated for years, helping unravel disruptive technological breakthroughs. IB Times caught up with home-grown robotics and AI luminaries to find out how Budget 2018 can help boost this sector.

Several recent reports said India and Japan will work together to introduce AI and robotics in the defence sector. This would equip India’s armed forces with a host […]

The High-Tech Poorhouse

The High-Tech Poorhouse

A man on the street in Newark, NJ. Tony Fischer / Flickr We live in what legal scholar Frank Pasquale has called a “scored society.” Corporations and governments collect unprecedented amounts of data about us — our habits, our histories, our beliefs, our desires, our social networks. Machine learning algorithms parse that data to assess our worthiness for public benefits, for jobs, for loans, for insurance, and for suspicion in the criminal justice system.

The rich are not exempt from this reality, but it’s the poor and working class who are most endangered by it. Predictive policing algorithms launder racial […]

Becoming more human

Becoming more human

I learned about a new website recently. The site willrobotstakemyjob.com determined, well, how likely it is that a robot will take your job. It picked up a lot of attention, and lots of people typed their career into the search engine to see if they were about to be replaced. Cashiers have a 97 percent chance of being replaced; pastors, on the other hand, have a 0 percent chance. Despite the fact that Christianity won’t be replaced by Robotology any time soon, I’m still concerned about the changes technology is causing in the employment landscape of the U.S. Where […]