Tag: Services

Rise of the robots could see 850,000 in public sector jobs by 2030

(ShareCast News) – Public sector jobs appear to be the most threatened by the rise of automation, as a new study from Oxford University and Deloitte has found that more than 850,000 administrative jobs could be transferred to robots by 2030.

The research also found that in the near future even the work conducted by teachers, police officers and social workers could bein part replaced by automated devices.

The study formed part of Deloitte’s state of the state report, in which the business advisory firm analyses public finances and how effectively they are utilised.It has also included an assertion that automation […]

Another warning. The world is about to run low on JOBS as automation takes over

Another warning. The world is about to run low on JOBS as automation takes over

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More data and more warnings . The fourth industrial revolution has started. It will be jobless and many people will lose their employment, or be forced to compete for their jobs. The result is, you will probably be unemployed, or accept low wages to survive. What will we do in a world without work? LOS ANGELES, CA (California Network) – Just a few years ago, forecasters issued a dire warning. The world’s workers are in danger of running out of work. As the fourth […]

Opinion: Workers will simply try to survive, rather than prosper, as tech takes over the economy

Opinion: Workers will simply try to survive, rather than prosper, as tech takes over the economy

For most people, a secure, well-paid job is the difference between a reasonable life and penury. Today, changes in the structure of the work force driven by globalization and technology make this objective increasingly elusive.

Technology has exacerbated declines in employment and incomes by eliminating tasks and “de-skilling” many jobs.

Robotics and complex computerized equipment has successfully replaced skilled labor. Computer software is now replacing journalists, synthesizing news items electronically by crawling the internet. Even traders in financial markets are being replaced by automated algorithms.In the late-20th century, global supply chains allowed lower-paid workers to displace expensive counterparts in more developed […]

IT sector’s transformation comes when India is struggling to create jobs: Is it in a downward spiral?

IT sector's transformation comes when India is struggling to create jobs: Is it in a downward spiral?

There has been some worrying news on the side of the economy which has remained confined to the business newspapers. It concerns India’s large information technology and software industry and companies like Infosys, TCS and Wipro. These firms, which were expanding quickly for the last two decades, have all slowed down.

They are now growing at single digits annually and even that is a struggle. This has caused speculation that the industry is in a death spiral in India. One reason for this slowing down is that automation is replacing human capital. This affects the services being offered by these […]

Automation to cause huge job loss in IT sector

There has been some worrying news on the side of the economy which has remained confined to the business newspapers. It concerns India’s large information technology and software industry and companies like Infosys, TCS and Wipro. These firms, which were expanding quickly for the last two decades, have all slowed down.

They are now growing at single digits annually and even that is a struggle. This has caused speculation that the industry is in a death spiral in India. One reason for this slowing down is that automation is replacing human capital. This affects the services being offered by these […]

Automation to cause huge job loss in IT sector

Automation to cause huge job loss in IT sector

There has been some worrying news on the side of the economy which has remained confined to the business newspapers. It concerns India’s large information technology and software industry and companies like Infosys, TCS and Wipro. These firms, which were expanding quickly for the last two decades, have all slowed down.

They are now growing at single digits annually and even that is a struggle. This has caused speculation that the industry is in a death spiral in India. One reason for this slowing down is that automation is replacing human capital. This affects the services being offered by these […]

India’s IT industry & automation angst

India’s IT industry & automation angst

Aakar Patel Automation is coming upon us more rapidly than most of us imagine… Even if India’s IT companies are able to retain their market share of software work, it is going to be automated, meaning requiring less employees. There has been some worrying news on the side of the economy which has remained confined to the business newspapers. It concerns India’s large information technology and software industry and companies like Infosys, TCS and Wipro. These firms, which were expanding quickly for the last two decades, have all slowed down.

They are now growing at single digits annually and even […]

Alarming speculations

Alarming speculations

The writer is the editor and translator of Why I write: Essays by Saadat Hasan Manto, published by Westland in 2014. His book, India, Low Trust Society, will be published by Random House. He is Executive Director of Amnesty International India. The views expressed here are his own. aakar.patel@tribune.com.pk There has been some worrying news on the side of the economy which has remained confined to the business newspapers. It concerns India’s large information technology and software industry and companies like Infosys, TCS and Wipro. These firms, which were expanding quickly for the last two decades, have all slowed […]

Here’s How Artificial Intelligence Is Going to Replace Middle Class Jobs

Here's How Artificial Intelligence Is Going to Replace Middle Class Jobs

“We are going to move from people to things.”

While transportation, hospitality, and financial services are all industries being disrupted by technology, the next big area poised for massive, tech-driven change may be the human workforce.

“We are going to move from people to things,” explained Jane Fraser, CEO of Citigroup’s Latin America business, speaking Monday at Fortune ‘s Most Powerful Women Summit in Laguna Niguel, Calif.“We are expecting 500 billion objects to become connected to the internet and this automation is going to hollow out middle and working class jobs,” explained Fraser. “Technology is replacing these jobs.”The technology […]

Automation for the People: The Public, Technology and Jobs

Automation for the People: The Public, Technology and Jobs

A 2012 research brief by Erik Brynjolfsson and Andrew McAfee at MIT renewed an old debate over the effect of new technologies on employment levels. They argued that, counter to the prevailing belief that new technologies and automation simply shift jobs into new sectors after a period of disruption, instead rapid improvements in technology over the past decades have left some workers completely behind, a trend that will continue to accelerate as computers capabilities expand. But what does the public think? Do Americans see technological threats to employment, and have their views changed since the days when robots first […]