Recent advancements in robotics and artificial intelligence have some experts worrying about the coming obsolescence of the human worker. Some are even calling for a universal basic income provided by the government for everyone, under the assumption that work will become scarce. But economists seem to have a pretty different view from the futurist and Silicon Valley types.
One of the reasons that economists are skeptical is because much of the fear that has recently been stoked in the media is familiar. Every few decades, predictions about the “end of work” have pervaded public discourse, and they’ve always been wrong. […]
It’s certainly the case that low-skilled immigrants will not be employable in the coming automated economy when robots can perform simple tasks cheaply 24/7 with no coffee breaks.
But it’s also true that higher skilled persons won’t be needed in many fields as artificial intelligence (AI) develops more capability. Immigration in general should be dialed down severely with the automated future in mind. When technology experts say 30 to 40 million American jobs are at risk of being eliminated , we should pay attention even though the employment economy is quite healthy today.
Young people planning careers and middle-aged persons considering […]
oday employees work more productively than ever before. Let’s look at some of the emerging HR trends for 2020. The world of work has been changed drastically in the previous decade. So it’s no surprise that the role of HR has transformed too. Consider the impact of the 2008 recession and significant technological advances like internal social media networks that have changed how we work. Today employees work more productively than ever before.
2020 will be another big year for HR; HR will be influenced by new trends that may transform the sector. HR professionals need to keep an […]
Artificial Intelligence is leaping into the breach from voice-activated assistants to the projection of self-programming robots. The moment has brought humans to a point where they have replaced themselves from automation in a number of fields. AI and robotics have made their mark in every sector of life, whether it be home or workplace, hotels or industries, hospitals, or battlefields. AI is being used excessively in every field of life, and the time has arrived when we should fear if it takes over our jobs. Taking over the jobs doesn’t mean the ease of life, but analyzing it critically […]
Automation has a significant impact on how business operations are handled. Throughout decades, we have constantly strived to figure out ways to work smarter and get things done faster.
With technology accelerating at an incredible speed—leading us to the Fourth Industrial Revolution—it’s no wonder we’ve consistently sought ways to eliminate repetitive tasks and focus our efforts on areas that require brainstorming and creativity.
Mass automation is a big part of our world, and will continue to shape the economy moving forward. Raconteur recently released an infographic detailing the age of automation and its profound influence. According to their research, remote communication […]
, the Bank of England estimates that about 15 million mostly service jobs—half the country’s total—could succumb to automation and widen the gap between rich and poor. S. some jobs remain almost as dirty and dangerous as ever. Although their job loss But look at what’s happening to retail jobs: The economists were wrong. But what is very much up for debate in the imaginations of economists and Hollywood producers is whether the future will look like "The Terminator" or A landmark 2017 study even looked at the impact of just industrial robots on jobs from 1993 to 2007 […]
ANLONG, CHINA – JANUARY 7,2020 – Workers operate intelligent scans on electrical automation Automation and the transformation of work are critical topics today and a potential upheaval (not in a good sense) taken to income inequality.
There have been many takes on the topic. Some people are sure that, as has happened before in the Industrial Revolution and at other points, such as the commercial use of electricity, the development of integrated electronics, and the broad adoption of computers, some jobs will disappear, only to be replaced by others.
I’ve found the other side more persuasive: that things are different now […]
When the internet turned 50 last year, there was much to celebrate. It proved to be a powerful platform from which to mobilize millions to fight for racial, economic, and social justice, through movements such as Occupy Wall Street, the Arab Spring, and Black Lives Matter. It has also given us a million different ways to escape, chill out, and give ourselves a much-needed break—from cat videos to Cookie Clicker (where I have amassed more than 55 million cookies in just the past week alone).
But the anniversary also gives us a reason to reflect. Computing and the internet have […]
There are two general philosophical camps when considering the automated future: those who believe it will be a time where massive numbers of jobs eliminated and large segments of the population will find themselves struggling to make ends meet, and you will also find people who think everything is going to be just fine. The second group will argue that automation will create new types of work and that automation has always been a positive thing in the past.
Those who think automation fears are overhyped often cite the Industrial Revolution, which started towards the end of the 18th century, […]
Home / Education / New skills, not your college degree, are what you need to acquire for a better future! It is often said that we are on the brink of the “Fourth Industrial Revolution”, a digital revolution that will change the way we live and work.
Adopting and embracing new technologies is extremely important for various industries like Robotic Process Automation, IoT edge computing, Augmented Reality & Virtual Reality, Artificial Intelligence, Cybersecurity. (Getty Images/iStockphoto) It is often said that we are on the brink of the “Fourth Industrial Revolution”, a digital revolution that will change the way […]