Tag: Services

AI-proof jobs: a matrix to determine your career

Image by Cybernews. Some workers will be needed to train, explain, and sustain large language or other AI models. But what about the rest of us? For many, the labor market will change beyond recognition, with AI erasing and reshaping various jobs.

23% of global jobs will change in the next five years due to industry transformation, including through artificial intelligence (AI) and processing technologies, the latest World Economic Forum (WEF) white paper on the Jobs of Tomorrow reveals .

ChatGPT and other large language models (LLMs) could erase up to 62% of work time in some tasks and “could […]

Carl Benedikt Frey and Michael Osborne on how AI benefits lower-skilled workers

Carl Benedikt Frey and Michael Osborne on how AI benefits lower-skilled workers

Machines make producing average content easier, conclude the two academics

image: Dan Williams TEN YEARS ago we published a paper, “The Future of Employment”, highlighting how artificial intelligence (AI) was broadening the scope of what computers could do, and so broadening the possibilities for automation. The prevailing narrative at the time was that the era of the “average” worker was ending, with machines progressively replacing routine and administrative jobs. Highly skilled professionals were the ones reaping the benefits, as computers made them more productive and enabled them to sell their services locally and around the world. A decade on, […]

FOCUS: Japan labor market set for change as huge worker shortage looms

FOCUS: Japan labor market set for change as huge worker shortage looms

Japan’s labor market may be at an inflection point as the nation braces for a shortfall of millions of workers, the rise of generative AI and risks to economic security.

The spotlight is increasingly on the sustainability of wage growth, which has been accelerating at the fastest pace in three decades. Prime Minister Fumio Kishida now wants to see pay hikes that will be "several percentage points higher" than the country’s inflation rate.

Japan’s widespread seniority-based employment system, low labor productivity, and workers’ reluctance to hop from one job to another have been among the factors behind its tepid wage growth […]

Americans think AI will take away jobs, companies won’t use technology responsibly

Americans think AI will take away jobs, companies won't use technology responsibly

FILE – Members of the The Writers Guild of America picket outside Fox Studios on Tuesday, May 2, 2023, in Los Angeles. (AP Photo/Ashley Landis, File)

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(TND) — Americans are worried about how artificial intelligence will affect the workforce, and they are distrustful of businesses to use AI responsibly.A newly published Gallup survey shows 75% of people think AI will decrease the number of jobs over the next decade.And nearly 80% say they don’t trust businesses to use AI responsibly.Anton Dahbura, an AI expert and the co-director of the Johns Hopkins Institute for Assured Autonomy , said these results don’t […]

Americans think AI will take away jobs, companies won’t use technology responsibly

Americans think AI will take away jobs, companies won't use technology responsibly

FILE – Members of the The Writers Guild of America picket outside Fox Studios on Tuesday, May 2, 2023, in Los Angeles. (AP Photo/Ashley Landis, File)

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(TND) — Americans are worried about how artificial intelligence will affect the workforce, and they are distrustful of businesses to use AI responsibly.A newly published Gallup survey shows 75% of people think AI will decrease the number of jobs over the next decade.And nearly 80% say they don’t trust businesses to use AI responsibly.Anton Dahbura, an AI expert and the co-director of the Johns Hopkins Institute for Assured Autonomy , said these results don’t […]

U.S. Immigration Policy Lags behind a Globalizing World

U.S. Immigration Policy Lags behind a Globalizing World

Economic globalization has made little impact on U.S. immigration policy in recent decades. The United States has not expanded its low green card caps since 1990, and now it ranks in the bottom third of wealthy countries for its foreign‐​born share of the population.

Blaming immigrant labor force growth for sluggish wage growth is misplaced when—despite immigration—total labor force growth has continuously declined for decades.

Globalization and automation are not removing the need for immigrant workers to fill niches created by declining U.S. labor force growth. Instead, immigrants are playing pivotal roles in making trade and technological […]

Why AI is likely to render people jobless in future

Why AI is likely to render people jobless in future

Robot, PHOTO/Simplilearn. Imagine dedicating years to your education with the hope of improving your prospects in life; and just as you complete this arduous journey, unexpected disruptions occur.

This has been the story of countless individuals in our generation, a tale as old as time. Henry Makobi captured the essence of this struggle in his inspiring melody, Someni vijana…mwisho wa kusoma mtapata kazi nzuri sanaa.” These tunes served as a reminder that education is the key to unlocking a brighter future, assuring us that our efforts would be rewarded with fulfilling careers in life.

Recently, I engaged in a conversation with […]

Is the rise of AI the best argument for universal basic income?

Is the rise of AI the best argument for universal basic income?

A two-armed robot called "ADAM" prepares a cup of coffee for a customer at Botbar coffee shop on May 31, 2023 in Brooklyn, New York. (Spencer Platt/Getty Images) Listen to Meghna Chakrabarti’s extended interview with the award-winning authors of “The Expanse” here .

Could artificial intelligence replace hundreds of millions of jobs in the near future?

“Most CEOs and managers aren’t preparing enough for that transition,” says Erik Brynjolfsson. “The next coming decade could be the best decade that we’ve seen on Earth. Or it could be one of the worst.”If that happens, how will people make ends meet?“We’re all […]

UK: Embracing Artificial Intelligence In Commercial Contracts Whilst Navigating The Risks

UK: Embracing Artificial Intelligence In Commercial Contracts Whilst Navigating The Risks

Commercial contracts can be complex. In today’s digital age, Artificial Intelligence (AI) and automation continue to revolutionise various industries and commercial law is no exception. AI provides enhanced contract analysis and risk management capabilities and its systems can review contracts for potential risks, non-compliance, and inconsistencies. Furthermore, AI-based contract negotiation tools offer a collaborative environment where parties can engage in real-time discussions and secure faster agreement. Machine Learning algorithms, for example, can analyse historical data and provide insights into negotiation levers, including typical terms and agreement points. They can also provide alternative clause suggestions, enhancing the flexibility and creativity […]

Three Results From Recent Research on Advanced Technology Use and Automation

Three Results From Recent Research on Advanced Technology Use and Automation

Using robots to automate tasks is becoming increasingly common, even outside of manufacturing — for example, in fast food restaurant kitchens and hospitals. Similarly, recent advances in artificial intelligence (AI) suggest that AI is increasingly able to perform tasks (e.g., compose music, write poetry, and generate images) until recently believed to be reserved for humans. In general, the diffusion of advanced technologies like robotics and AI is accompanied by questions about whether they will mainly augment workers’ skills or substitute for them.

In this blog, we describe research 1 on advanced technologies (defined in Box 1) and their potential effects […]