Tag: Services

If You Have Any of These 13 Jobs, Your Career Might Vanish in 5 Years

If You Have Any of These 13 Jobs, Your Career Might Vanish in 5 Years

As AI and automation reshape industries at lightning speed, the job market is experiencing a radical transformation. Here’s a look at 13 jobs that experts predict could vanish or be dramatically altered in the next five years, reshaping the employment landscape as we know it. 1. Data Entry Clerks and Bookkeepers

Note : While these jobs may disappear in their traditional forms, many will likely evolve or be replaced by new roles. The pace and extent of change will vary by region, industry, and individual adaptability to new technologies

Data Entry Clerks and Bookkeepers are facing a rapidly changing […]

AI: The hype Is strong with this one

AI: The hype Is strong with this one

Recently, while waiting for a flight, I was sitting next to someone who was calling several companies he was doing business with – his bank, his health insurance provider, and some others.

In every case the call was answered by a chatbot.

But in every case he also did whatever he had to do to get past it and talk to an actual human being. So much for the promise of AI, I thought! What can AI do? As anyone who has ever phoned up companies, to hear the expression “ In a few words tell me what you’re looking […]

Why Technology Creates More Jobs

Why Technology Creates More Jobs

Why Technology Creates More Jobs

The Paradox of Automation: How Innovation Fuels Employment Growth

Mohammed Arshad · Follow 3 min read·6 hours ago In the modern narrative of technological advancement, there’s a prevalent fear that automation and digitalization will lead to a mass displacement of jobs. However, the reality is often the opposite: technology tends to create more opportunities than it eliminates. This article delves into the multifaceted ways technology spurs job creation and explores how businesses and individuals can harness these opportunities. 1. Direct Job Creation in Tech Sectors As technology evolves, new industries and sectors emerge, […]

Billionaire Investor Ken Griffin Contradicts Elon Musk, Says ‘Not Convinced’ AI Will Replace Human Jobs Anytime Soon: LLMs Have ‘No Idea What To Do’

Billionaire Investor Ken Griffin Contradicts Elon Musk, Says 'Not Convinced' AI Will Replace Human Jobs Anytime Soon: LLMs Have 'No Idea What To Do'

The founder and CEO of Citadel , Ken Griffin , expressed skepticism about the imminent replacement of human jobs by artificial intelligence, contradicting Tesla Inc. CEO Elon Musk .

What Happened : Billionaire investor Griffin shared his reservations about the future of AI at an event for Citadel’s new class of interns in New York. He questioned the potential of large language models and other AI tools to fully replicate human tasks within the next three years, reported CNBC on Monday.

"Some are convinced that within three years almost everything we do as humans will be done in one form […]

AI’s Negative Economic Impact on White-Collar Middle-Class Workers

AI’s Negative Economic Impact on White-Collar Middle-Class Workers

AI’s Negative Economic Impact on White-Collar Middle-Class Workers 2 Artificial Intelligence (AI) is rapidly transforming the work landscape, with profound implications for white-collar middle-class workers. As AI systems become increasingly sophisticated, they’re capable of performing tasks once thought to be the exclusive domain of human intelligence.

This technological revolution promises increased efficiency and productivity. However, it also poses significant challenges to the job security and economic stability of the middle class—a crucial segment of the workforce that has long been the backbone of modern economies. Job Displacement: A Growing Concern

Many white-collar professionals face the threat of job displacement. Software […]

3D AI, Robotics, and Immersive Reality Brighten Manufacturing’s Future

3D AI, Robotics, and Immersive Reality Brighten Manufacturing’s Future

Epstudio20 via iStock / Getty Images Plus via Getty Images At a Glance

Modern robots are more intelligent, flexible, and perform complex tasks with greater precision.

VR and AR give manufacturers new ways to train employees, conduct maintenance, and enhance overall operational efficiency. 3D AI is revolutionizing the design and production of prosthetics and implants. A new wave of technology is ramping up the intelligence of manufacturing. The emerging tools offer production advantages across multiple industries, from medical to retail. The technology company, GridRaster is leveraging several these advancements, from immersive XR interfaces to artificial intelligence (AI) and cloud […]

Apple Ramps Up Automation for iPhone Production: Could Impact 50% of Jobs in Coming Years!

Apple Ramps Up Automation for iPhone Production: Could Impact 50% of Jobs in Coming Years!

As the integration of artificial intelligence (AI) and robots accelerates across industries, concerns about job displacement have become increasingly prevalent. In a bold move to enhance efficiency and reduce dependency on manual labor, Apple is reportedly accelerating its automation for iPhone manufacturing.

According to The Information , the Cupertino giant aims to slash the workforce on iPhone final assembly lines by as much as 50% in the coming years. This strategic shift follows several incidents , including worker protests in China, and is in line with Apple’s strategy to broaden its manufacturing footprint beyond China. A Multi-Faceted Decision

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Robots steal jobs from unions

Automation has had a greater impact on employment in sectors where union representation was stronger. A Bocconi University study highlights the decline in Italy’s unionization rate and warns that “Unless the trend is reversed, social cohesion is at risk

Bocconi University

Collective bargaining is a fundamental pillar of the European social model. In Italy, over the decades, unions have ensured wage increases commensurate with productivity growth and a gradual improvement in working conditions. Today, however, they are in decline: in 20 years, according to a Bocconi University, Milan, study , the unionization rate has been declining from 30 percent to about […]

Robots steal jobs from unions—study shows decline in unionizations

Robots steal jobs from unions—study shows decline in unionizations

Credit: Unsplash/CC0 Public Domain Collective bargaining is a fundamental pillar of the European social model. In Italy, over the decades, unions have ensured wage increases commensurate with productivity growth and a gradual improvement in working conditions. Today, however, they are in decline.

In 20 years, according to a Bocconi University, Milan, study , the unionization rate has been declining from 30% to about 12%. Fewer members means less bargaining power, hence less protection at a time in history when the challenges of technological development would, on the contrary, require greater worker protection in the face of shrinking employment in some […]

Overseas Demand, AI, Domestic Demand Transition Are Key to China’s Economic Development

Overseas Demand, AI, Domestic Demand Transition Are Key to China’s Economic Development

audio is not supported! Overseas Demand, AI, Domestic Demand Transition Are Key to China’s Economic Development

(Yicai) June 25 — Chinese companies are offered opportunities from the overseas market and artificial intelligence sector but also face great challenges from protectionism in Western countries. Therefore, the Chinese economy is experiencing an inevitable deep transition, especially in its supply and demand structure.

There are two kinds of opportunities that Chinese firms can seize globally: robust overseas demand and the development of AI. Regarding the first, Chinese companies that went global and had a high percentage of overseas sales over the past years have […]