AI could diminish wage bargaining power and transform job roles, report finds

AI could diminish wage bargaining power and transform job roles, report finds

With artificial intelligence expected to disrupt work, experts are calling for businesses, governments and unions to work together to mitigate the threats Credit: Kentoh/iStockphoto, Fonikum/Getty Images Artificial intelligence (AI) and automation could diminish wage bargaining power and transform job roles in an unequal manner, but also solve some labour shortages, a report has found.

The Allianz Trade No quick wins: more jobs but little productivity in the Eurozone report highlighted that AI-centric disruption could permanently diminish wage bargaining power via new working agreements and role redundancy.

While this disruption might benefit countries with an ageing population or those that are suffering […]

WM CEO Jim Fish discusses the economy, labor automation and sustainability investments

WM CEO Jim Fish discusses the economy, labor automation and sustainability investments

Permission granted by WM As the waste and recycling industry continues to evolve, its largest company — WM — remains a key barometer for the pace of innovation and economic activity in the sector.

Following the company’s recent Q1 earnings report , CEO Jim Fish was in the spotlight during multiple sessions at last week’s WasteExpo. During a keynote session, Fish said one of his top goals for the year ahead was to ensure that big spending plans for renewable natural gas projects at landfills and MRF expansions — described as “critically important for us” — are rolled out smoothly. […]

New AI systems tailored to specific jobs are popping up fast

New AI systems tailored to specific jobs are popping up fast

As both warnings and promises of hope around AI abound, one of the consistent themes is its potential impact on jobs, with new tools aimed at specific sectors being launched regularly.

The pantheon of hot takes concerning AI ranges from warnings that we’re about to be terminated by hyper-smart and genocidal robot killers to dismissing it as nothing but a silly novelty that is no where near the capabilities of a human brain yet. But a general consensus seems to be that new generative AI models are going to have some impact on the job market, to a greater or […]

Preparing for the Future of Work: The Impact of AI on Employment

Preparing for the Future of Work: The Impact of AI on Employment

Preparing for the Future of Work The Impact of AI on Employment Artificial intelligence (AI) is transforming the world in unprecedented ways, and the workplace is no exception. With advancements in machine learning and natural language processing , AI is already being used to automate tasks across a range of industries, from manufacturing and logistics to healthcare and finance . As technology continues to develop at an exponential pace, it’s becoming increasingly clear that AI is set to have a profound impact on the future of work.

AI is already being used to automate tasks in a variety of industries, […]

If bosses fail to check AI’s onward march, their own jobs will soon be written out of the script

If bosses fail to check AI’s onward march, their own jobs will soon be written out of the script

Actor Gina Gershon marches with striking writers in New York City, 3 May 2023. If there’s one thing Hollywood screenwriters know how to deliver, it’s a snappy one-liner.

“Pay your writers, or we’ll spoil Succession,” read one of the placards paraded outside movie studios in Los Angeles this week, as thousands of film and television writers went on strike. “Pencils down, middle fingers up,” said another. Closer to the bone, however, was a placard reading: “Wrote ChatGPT This.” For the plot twist is that this strike isn’t just over money. The Writers Guild of America also wants to establish some […]

Worker shortage: Why doesn’t Japan come to Africa?

Worker shortage: Why doesn’t Japan come to Africa?

Delivery robots are virtually inevitable and are already being used in many countries. PHOTO | COURTESY An article in The Citizen of March 30, 2023 sent me scurrying to satisfy my rising curiosity.

Titled ‘Why advancements in tech puts (sic) jobs at risk,’ the article said a recent data analysis showed that “the number of jobs created in the Industrial Sector … rose by 19,866 between 2020 and March 2023!”

“About 280,899 workers were employed in the Industrial Sector in 2017…” That number grew to “306,180 in the following year (2018), and to 370,485 in 2020. However, “the employment numbers dropped […]

What’s Keeping China From Moving Up the Value Chain?

What’s Keeping China From Moving Up the Value Chain?

VOICES & OPINION

The “world’s factory” needs more skilled workers as it upgrades its manufacturing industry. But not everyone is on board. Wang Xing Wang Xing is a professor of sociology at Nankai University.

Over the past few decades, China’s low labor costs helped transform it into the “ world’s factory ,” a center of industrial production for companies around the globe.Now, with wages rising, the workforce shrinking, and the global supply chain undergoing a significant reshuffle, China faces an even stiffer challenge: upgrading its labor-intensive low-end manufacturing industries to better compete in the world of value-added manufacturing.Most discussions […]

Explained: How faster tech, green energy adoption is reshaping global jobs landscape

Explained: How faster tech, green energy adoption is reshaping global jobs landscape

The global jobs landscape is being reshaped by quicket adoption of technology and green energy By India Today Business Desk : Technology advancement and green energy adoption are expected to pave the way for future job creation, but they could prove to be a bitter pill to swallow for many employees over the next five years.

A report released by the World Economic Forum (WEF) suggests that in the next five years, almost a quarter of jobs, i.e. 23 per cent are expected to change through growth of 10.2 per cent and a decline of 12.3 per cent.

advertisementThe WEF Future […]

A rise in self-service technologies may cause a decline in our sense of community

A rise in self-service technologies may cause a decline in our sense of community

Manufacturing Operations Research & Development Technology / IIoT Electronics

As public-facing automation shifts workers away from public view, wages which reflect professional skill and customer service expectations may disappear. PHOTO: Technology versus Humanity/Gerd Leonhard via Flickr Automation, once hidden behind closed doors in factories, is increasingly moving into public view. Customers can pay for groceries or clothing at a self-checkout machine, order fast food from a touchscreen kiosk or even pickup coffee from a “ robo-café .”

These technologies, which substitute human contact for robot-based interactions, are examples of self-service technologies — innovative public-facing automation which “ enable customers to […]

A rise in self-service technologies may cause a decline in our sense of community

A rise in self-service technologies may cause a decline in our sense of community

In this picture taken on August 21, 2019 a woman uses a facial recognition device installed at an IFuree Go self-service supermarket in Tianjin. – China’s mobile payment infrastructure is already among the most advanced in the world, but facial payment technology is bidding to make QR phone codes old-fashioned. The newest payment systems being rolled out across the country only require a person’s face to make purchases — no mobile, no cash, no wallet. (Photo by Nicolas ASFOURI / AFP) / To go with AFP story China-technology-retail, FEATURE by Helen Roxburgh Automation, once hidden behind closed doors in […]