Tag: Services

Port workers’ next demand: Stop robots from taking our jobs

Port workers’ next demand: Stop robots from taking our jobs

NEWARK, NEW JERSEY – OCTOBER 04: Cranes are seen at Port of Newark on October 04, 2024 in Newark, New Jersey. A U.S. ports strike which halted shipping on the East and Gulf coasts for three days came to an end on Thursday after International Longshoremen’s Association (ILA) announced that the union had reached an agreement with the United States Maritime Alliance (USMX) on wages, suspending the strike until January. The strike involved 45,000 workers across 36 ports, from Texas to Maine. (Photo by Michael M. Santiago/Getty Images) (Michael M. Santiago) Washington Post

When Harold Daggett looks at the self-checkout […]

Generative AI and the Digital Divide: A Double-Edged Sword for Latin America’s Job Market

Generative AI and the Digital Divide: A Double-Edged Sword for Latin America's Job Market

Representative Image A New Frontier or a Bottleneck? GenAI’s Impact on Latin America’s Job Market

The rise of Generative Artificial Intelligence (GenAI) promises to reshape industries and economies globally. However, for the Latin America and Caribbean (LAC) region, this transformative technology presents a paradox. While it could boost productivity and streamline various sectors, a critical digital divide threatens to leave millions of workers behind. A new report titled Buffer or Bottleneck? Employment Exposure to Generative AI and the Digital Divide in Latin America by the World Bank highlights these contrasting effects, examining the potential for GenAI to either […]

Skills: Putting this new currency of work into action

Skills: Putting this new currency of work into action

At HR Tech, Mercer’s Ravin Jesuthasan explored how organisations can effectively lean into more fluid, agile talent structures, with a focus on skills. In the four years since the start of the COVID-19 pandemic, the volatility in the global economy has increased 2.5 times more than it had in the previous three decades, according to the World Economic Forum.

Business leaders are contending with a “poly-crisis world”—a heightened risk environment, rising importance of sustainability, new ways of working—with the “ultimate kicker” being the acceleration and impact of generative AI, said Ravin Jesuthasan at the closing keynote address at the HR […]

Periodic Labour Force Survey (PLFS) Report 2023-24

Periodic Labour Force Survey (PLFS) Report 2023-24

For Prelims: National Statistical Office (NSO) , Periodic Labour Force Survey (PLFS) , Formal Jobs , Reverse Migration , Informalisation , Automation , Digitisation , Goods and Services Tax (GST) , MSMEs , Green Jobs .

For Mains: Status of employment in India, Challenges associated with creation of formal jobs.

Source: BS Why in News? Recently, the National Statistical Office (NSO) released the annual Periodic Labour Force Survey (PLFS) report 2023-24 , showing the unemployment rate stagnated at 3.2% that raises concerns about the inability to generate enough formal jobs . What are the Key Highlights of […]

How AI Is Rewriting Business Rules—Just Like Globalisation Did in the ’90s!

How AI Is Rewriting Business Rules—Just Like Globalisation Did in the ’90s!

The business world is no stranger to transformative waves of change. In the 1980s and 1990s, the rapid globalisation of markets reshaped how companies operated, introducing new efficiencies (do you remember JIT or just in time?), expanding opportunities, and forcing adaptations that fundamentally altered the corporate landscape. Fast forward to today, and we are witnessing a similar revolution—this time driven by artificial intelligence (AI). Much like globalisation, AI is ushering in profound changes in business operations, strategies, and workforce dynamics. The parallels between the rise of AI and the globalisation era are striking, as both have or will change […]

Automation’s Impact on Jobs and Future Societies

Automation's Impact on Jobs and Future Societies

YouTube Video Thumbnail Explore the debate on automation replacing jobs, featuring John Danaher on potential societal changes, virtual futures, and ethical considerations.

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This article has been created using the same AI that powers Gistly AI. You can copy it and easily use on your website or blog. The Impact of Automation on Work: Navigating a Future with Robots In today’s rapidly evolving technological landscape, the question of how automation will affect the workforce is more pertinent than ever. As industries increasingly integrate robots and artificial intelligence, the future of work stands at a critical juncture. This blog post […]

Is medical coding an AI-proof career option

Is medical coding an AI-proof career option

Ebenazer Paul, GM – Talent Acquisition, Omega Healthcare The 21st century has witnessed rapid advancements in the field of Artificial Intelligence (AI), transforming the way we work and live our lives. Since its inception, AI has significantly impacted the employment landscape and has boosted the functioning of industries such as banking, finance, retail, gaming and especially healthcare. It has revolutionised how healthcare is delivered by improving medical diagnosis, increasing accuracy of results and improving patient care outcomes. Generative AI (GenAI) or Large Language Models (LLMs) can create fresh content in audio, video, music and even code. It is especially […]

Automating Professional Services: How AI Is Shaping The Next Generation Of Diligence And Deals, With Nick Kato (Podcast)

AI’s ability to automate is transforming traditional workflows and transactions, but in this fast-paced era, it can be difficult to predict the full extent of AI’s influence on complex tasks such as due diligence.

United States Technology

Authors AI’s ability to automate is transforming traditional workflows and transactions, but in this fast-paced era, it can be difficult to predict the full extent of AI’s influence on complex tasks such as due diligence and dealmaking. In this podcast, our New York tax partner Scott Semer is joined by Nick Kato, founder of Leo Berwick and co-founder of Elbe, to explore the […]

Australia’s data-driven future will transform economy and workforce

Australia's data-driven future will transform economy and workforce

Jobs will increasingly involve collaboration with AI systems to enhance decision-making and efficiency (Screenshot via YouTube) The rise of data-driven technologies is profoundly influencing global economic trends, labour markets and the future of work.

This transformation is characterised by data becoming a critical asset, the expansion of the digital economy and the integration of automation and artificial intelligence (AI) across various sectors.

Australia, like many other countries, is experiencing significant changes driven by these technologies, affecting its economy and labour market dynamics. Global economic trends Data as a commodity: In today’s digital age, data has emerged as a vital asset, […]

Automation and Job Markets

Automation and Job Markets

from class:

Ethnic Studies

Definition Automation refers to the use of technology to perform tasks that would typically require human labor, often resulting in increased efficiency and reduced operational costs. The connection between automation and job markets is significant, as advancements in technology can lead to the displacement of certain jobs while simultaneously creating new opportunities in emerging fields. This dual impact shapes the landscape of employment and can influence economic systems globally.congrats on reading the definition of Automation and Job Markets. now let’s actually learn it. 5 Must Know Facts For Your Next Test> The rise of […]