Education at the forefront of India’s rising complexity

Education at the forefront of India’s rising complexity

Economist Ricardo Hausmann suggests that prosperity arises from economic complexity and economic development is like a game of Scrabble. The private sector provides the letters (more of which enable more and longer words), and the government provides the vowels. Higher wages for workers arise from more words (more firms competing for talent), longer words (high-productivity firms and sectors) and more vowels (effective public goods). We make the case that our economic complexity, popularly associated with 5 million software jobs, will leap in the next five years as 12 million new jobs in engineering, telecom and healthcare combine with the […]

Artificial intelligence may take your job. Some lessons from my grandmother

Artificial intelligence may take your job. Some lessons from my grandmother

Siblings on the way to school. Bradley Hastings does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

My grandmother, Claire Hastings, was born in the 1920s on a farm in Armidale, northern New South Wales. That was a relatively common thing, with just 43% of the population living in cities, compared with more than 70% now .

She lived in a small wooden hut, with a chicken coop out the front and fields out the back. When […]

How to compete with robots by assessing job automation risks and resilient alternatives

How to compete with robots by assessing job automation risks and resilient alternatives

Abstract

The effects of robotics and artificial intelligence (AI) on the job market are matters of great social concern. Economists and technology experts are debating at what rate, and to what extent, technology could be used to replace humans in occupations, and what actions could mitigate the unemployment that would result. To this end, it is important to predict which jobs could be automated in the future and what workers could do to move to occupations at lower risk of automation. Here, we calculate the automation risk of almost 1000 existing occupations by quantitatively assessing to what extent robotics […]

Next decades will be augmented and automated, according to DHL

Next decades will be augmented and automated, according to DHL

DHL has released the second instalment of its DHL Trend Report ‘Future of Work in Logistics’, which has presented two possible futures – one augmented by technology and one automated by it – and the practical considerations for balancing the implementation of each while leading through change today.

In the report, DHL envisages a future in which some aspects from both the augmented and automated concepts are realised, mostly across the six specific segments of the supply chain: warehousing operations; long-haul transportation; last-mile delivery; back-office operations; customer service; and supply chain planning.

“We know that the digital transformation of logistics is […]

WSCC professor details how automation has impacted the workforce

WSCC professor details how automation has impacted the workforce

1of5 Kellon Petzak Screenshot/Zoom Show More Show Less SCOTTVILLE — The times, they are a-changin’.

With regard to technology, they are doing so at a rapid pace.

"Moore’s Law … states the number of transistors in a microchip doubles every two years," said Kellon Petzak, West Shore Community College professor of information technology. "This is important because it essentially means that our computers get twice as good, or have twice the computing power, every two years. This will build into why we are currently in the fourth Industrial Revolution, or the digital revolution."Petzak was speaking Wednesday evening during a discussion held […]

The Automation Myth

The Automation Myth

“Our workplaces already treat us like the robots they threaten to replace us with.” | Flickr W
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F a c t o r y Most important, computerization has reduced neither the workweek, the promise of all techno-utopias since the 1950s, nor the burden of physical work. We now work more than ever. —Silvia Federici, “Reenchanting the World: Technology, the Body, and the Construction of the Commons” In 1963, the Black working-class revolutionist James Boggs wrote of a coming cataclysm in American industrial production. As an autoworker at Chrysler in Detroit, Boggs had an intimate knowledge of the […]

Workplace trends 2022 – Humans, machines, and changing labour relationships

Workplace trends 2022 – Humans, machines, and changing labour relationships

By Michael Daniels, Head of Group Automation and Shared Capabilities at Standard Bank

Innovations in ICT and artificial intelligence (AI) have opened the door for a re-imagining and restructuring of the traditional workspace.

The application of new technologies combined with the acceleration of digital transformation as necessitated by the pandemic, means there will be new trends to look out for next year that will impact both employees and business leaders.Whether these trends are related to staff communication, the jobs of the future, the application, and consequences of machine learning (ML), collaboration between businesses, or the role of education, it’s important […]

How automating jobs can reduce unemployment

How automating jobs can reduce unemployment

Careers Image: © VectorMine/Stock.adobe.com Hays’ Tim Olsen explains why automation doesn’t take away jobs and can actually help to narrow the digital skills gap.

The Czech word for forced labour is ‘robota’ – the origin of today’s word, ‘robot’. It’s not something automation evangelists such as myself would want to associate with, but the reality is that robotics has a difficult history surrounded by fear ever since the mills were mechanised and workers replaced.

Even in today’s modern times robophobia is rife. We regularly hear that 50pc of our activities can be automated and we are led to wonder whether our […]

A Future Without Work

A Future Without Work

Can you imagine a world where nobody has to work? A world in which people are free — really free, to pursue their hobbies and their interests. A world in which people don’t have to decide between watching their children grow up and working to provide for them. A world without poverty and the pressure to earn money. A world without bullshit jobs that have no use and purpose whatsoever. This vision, this utopia, is called fully automated luxury communism . What is it? Recommended mood. When living to work doesn’t work anymore

In recent years, the discussion of […]

Reskilling workforce is the way ahead for realising full potential of AI

Reskilling workforce is the way ahead for realising full potential of AI

In a guest column, the author argues for reskilling of workforce to meet the AI-driven replacement of human labour. Ankit Shah, COO, EVM india Artificial intelligence (AI) has established itself as a critical component of recent technology advances. It can be found all around us, automating routine chores and drastically enhancing our lives. It is a vast branch of computer science that focuses on creating intelligent computers capable of completing activities that would ordinarily need human intellect. The increasing usage of digitalization, artificial intelligence (AI), and other technological solutions indicates that humans’ position in the economy would decline drastically, […]