Tag: Services

What Are the Implications of Emerging Technologies in AI-Driven Robotics and Automation for Globalization?

Last month I attended an outstanding workshop at the University of Pennsylvania’s newly-established Perry World House on a topic that (as far as I can tell) has not received the attention it should: the intersection of emerging technologies with globalization. As it happens, I work in both these areas—but when I received the workshop invitation to join a panel on the interactions of emerging technologies in AI-enabled robotics and automation with processes of globalization, I realized I had never given much thought to how these two might interact with each other, today and into the future.

While there is a […]

Man vs Machine: Just How Soon Will Automation Reshape The Global Workforce?

Man vs Machine: Just How Soon Will Automation Reshape The Global Workforce?

MODERN computers can learn, they can listen, they can understand, and more importantly, they can create— a task they are performing at an extraordinary rate unseen by any human to date. Rather than relying mostly on physical labor and human presence to drive production, many industries are implementing technology that can perform the work of humans at lower costs and with less effort.

Defined as “the information processing in physical systems”, intelligence is arguably humanity’s most valuable resource. It is what drives the creation of new ideas and stimulates the growth of any successful economy. With that in mind, it […]

Taxing Robots Is a Terrible Idea

Taxing Robots Is a Terrible Idea

Former Microsoft CEO Bill Gates is much smarter—and richer!—than I will ever be, but even smart, rich men can have bad ideas.

During a February interview with the digital news outlet Quartz, Gates suggested that robots should be taxed as a way to compensate factory workers displaced by automation. Since factory workers pay Social Security and income taxes, he reasoned, if those workers are replaced by robots, then the robots should be similarly taxed to restore the lost government revenue. Gates worried that the rate at which factories are implementing robotics and automation is outpacing the economy’s ability to reallocate […]

Trump Can’t Bring Back All Those Jobs From China. Here’s What He Can Do

Trump Can't Bring Back All Those Jobs From China. Here's What He Can Do

This picture taken on Dec. 14, 2016, at a news stand in Shanghai shows an advertisement for a magazine featuring Donald Trump, who would soon take office as president, on the cover. Donald Trump’s rhetoric on China and trade has been blunt, to say the least.

"We can’t continue to allow China to rape our country — and that’s what they’re doing," he said at a May 2016 campaign rally . "It’s the greatest theft in the history of the world."

His tone was a bit more measured leading up to his meeting with Chinese President Xi Jinping , though the […]

Will automation take away all our jobs?

Will automation take away all our jobs?

With all the doom and gloom messages about robots taking all our jobs in the future, this article by Economist, David Autor, is a good reality check on this perspective. The good news is, history suggests, we will find new and interesting things to do for work, we just can’t imagine them yet. For job seekers and students the message is clear, continue to build your skill sets and ensure you able to adapt to change, or you might be left behind.

Probably not. But if we want a future where more of those jobs are decent and well-paying, […]

Future of Jobs: The Battle Between Man and Machine

Future of Jobs: The Battle Between Man and Machine

Employees stand next to robots at the Soft Bank Robotics’ stand during the Digital Business fair CEBIT in Hanover, Germany, on March 19, 2017. (Odd Andersen/AFP/Getty Images) An endless debate continues to rage over whether or not robots are taking our jobs, as advances in robotics and artificial intelligence (AI) have made machines smarter and capable of replacing humans in a variety of increasingly complex tasks. But if history tells us anything, the future won’t see a mere replacement of human labor with the rise of the machine.

“If we look at the history of automation and its impact on […]

Lawyers, accountants join list of workers who could lose their jobs to AI, warns report

Lawyers, accountants join list of workers who could lose their jobs to AI, warns report

If you’re an accountant, lawyer or data analyst, a robot may soon take over your job.

A new report from the International Bar Association suggests machines will most likely replace humans in high-routine occupations .

The authors have suggested that governments introduce human quotas in some sectors in order to protect jobs.Gerlind Wisskirchen, a lawyer for labour and employment law, coordinated the study, which started one-and-a-half years ago."We thought it’d just be an insight into the world of automation and blue collar sector," she said."This topic has picked up speed tremendously and you can see it everywhere and read it every […]

Riot Labor Automation; Robotics and AI, balancing job losses with wealth creation

Riot Labor Automation; Robotics and AI, balancing job losses with wealth creation

How AI and Robotics will save US companies $300 billion in salaries by 2030?

Riot Labor Automation; Robotics and AI, balancing job losses with wealth creation

Evidence is mounting that savings from emerging Internet of Things technologies, especially AI and Robotics, will be paid for by an unprecedented number of semi-skilled jobs disappearing all over the world. There will be over 10 million jobs in the US alone, replaced in industry over the next 15 years by Robotics and AI, saving companies hundreds of $ billions of dollars each year. Globally such savings could eventually reach into $trillions.Rethink tracks the reasons […]

I Get The Job Done: Technology Is Putting Us Out Of Work

I Get The Job Done: Technology Is Putting Us Out Of Work

One of the central talking points in Donald Trump’s presidential campaign was his vow to bring back American jobs. The longtime entrepreneur and businessman touted his boardroom and negotiation skills as major benefits of a Trump presidency, arguing that he alone could convince businesses who have outsourced American jobs to other countries to employ its own citizens again. Now that he is in the White House, he has seemingly taken steps to bring jobs stateside that would have otherwise gone to countries like Mexico (including a deal involving Carrier, which will actually lead to fewer jobs, because Carrier will […]

Robots and automation are going white collar – but they’re not here to steal your job just yet

Robots and automation are going white collar - but they're not here to steal your job just yet

Reporters called it the robot, but its physical presence was hardly felt.

It was almost invisible, just a Microsoft Excel macro that could write a fairly detailed stock-market report that could then be edited and polished by a human journalist.

But when Reuters introduced the robot to its newsroom in 2007 – just before the financial crisis – it was an early sign that manufacturing was not the only industry that automation was infiltrating.White-collar workers in fields like journalism, finance, medicine, and law are seeing an increasing use of machines, but one much less damaging to workers’ job prospects. Unlike in […]