Rethinking the World of Work

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The pandemic is accelerating a shift toward more informal and precarious work

With millions of jobs lost, robots on the rise, and white-collar workers toiling largely at home, COVID-19 appears to have ushered in a new normal in the global workplace.But many of these developments stem from failed policy responses to megatrends already in motion long before the pandemic struck. For at least two decades, shifting demographics and technological upheaval have been upending labor markets, exacerbating inequality, making jobs increasingly precarious, and deepening economic insecurity.The new normal, in other words, isn’t really new. A deadly virus has simply […]

Robots the ally, not adversary, of labourers

Robots the ally, not adversary, of labourers

Artificial Intelligence (AI) is a buzzword that has infiltrated almost everyone’s vernacular. Writers, media houses and technology sector billionaires like Elon Musk warn of a gloomy, even disastrous, future with AI — a future that is forewarned by popular culture’s fictional fantasies.

The anxiety that robots will annihilate the human race was driven into popular culture after the 1920 Czech play Rossum’s Universal Robots . In the dramatic play, a scientist named Rossum creates the first robots whom he employs as slave-like labourers. As the play progresses, the robots develop emotional capacities and come to dominate their creators. The popular […]

Robotics and Automation vs The Workforce

Robotics and Automation vs The Workforce

The World Economic Forum’s report ‘The Future of Jobs 2020’ states that the global workforce is automating faster than expected, with 85 million jobs expected to be displaced by the end of 2025.

Fortunately, the World Economic Forum indicate the robotic revolution should create 97 million new jobs. That still leaves many roles and communities at risk from disruption – and support will be needed to upskill and retrain many people.

By 2025, skill such as analytical thinking, creativity and flexibility will be in high demand; with roles related to data, artificial intelligence, content creation and cloud computing near the top […]

Reinventing HR operations with humans and AI collaboration

Expected to be the most significant business advantage in the future by 72% of executives , artificial intelligence (AI) is predicted to be incorporated into 47% of organisations’ HR functions by 2022.

While it is feared that employment rates will drop as the use of intelligent technologies rises, when speaking with Business Chief in October, Arun Shenoy, SVP Global Sales and Marketing at Serverfarm reflected on the best way to deploy technology, software and hardware tools. “Most organisations find this challenging because they are only solving one part of the problem – the technology. Simply buying and deploying a platform […]

Top 8 Robotic Process Automation Trends to Watch in 2021

Top 8 Robotic Process Automation Trends to Watch in 2021

Robotic Process Automation (RPA) is perpetually the eventual future of automation.

RPA, an interesting issue among the C-suite, is quickly making strides over several businesses, including Manufacturing, Retail, Telecommunications, BFSI, and protection. However, the rundown doesn’t end there-it rather begins.

The innovation has filled quickly in the previous few years, however, so has the debate encompassing automation and other related groundbreaking advancements like Artificial Intelligence. The relationship is intelligent, taking into account how automation tools and technologies are closely interwoven. Robotic Process Automation (RPA) is perpetually the eventual future of automation.A report from IDC states that worldwide enterprises are required […]

How Will Be The AI Job Market Fare In Coming Years?

How Will Be The AI Job Market Fare In Coming Years?

Artificial intelligence (AI) has quite evolved itself over recent decades. While it sparked numerous innovations and brought digital disruption to many industries, it also changed the jobs market forever. It is true that AI has replaced some jobs, however, it has also brought new roles for human workers. As per a 2017 research from IDC , released by Salesforce, AI is projected to create 823,734 jobs by the year 2021, surpassing the number of jobs lost to AI technologies such as machine learning and automation. The report had also predicted that AI would increase global business revenues by US$1.1 […]

The 5 biggest technology trends in 2021 everyone must know

Technological innovations are changing at a very fast rate and the annual predictions of the market are out of date. The present technologies in the market enable faster growth thereby impacting the organization success overall. The adoption of these existing technologies for business brings acceleration and eventually increases the business exponentially.

If you are a tech savvy guy, you should learn or constantly update yourself with the evolving technologies in the market. It helps you to gain developmental skills on those technologies. Just keep an eye on the latest and upcoming technology trends in the market so as to make […]

Automation will affect kiwi’s lives – how we handle it is critical

Automation will affect kiwi’s lives – how we handle it is critical

Data, AI & ML automation employment knowledge & insights the digital divide

Predictions are that New Zealanders will soon be storing most of their data on the Cloud. Will there be trade-offs?

Walkerscott is a Microsoft Dynamics business applications led consultancy who differentiate ourselves through our focus on analytics and reporting. A Microsoft Gold partner across multiple disciplines that deliver solutions across industries and business sizes from Forestry to Consumer goods to Government.Microsoft Power Platform combines the robust power of PowerApps , PowerBI , and Power Automate into one powerful business application platform to achieve process automation – providing quick […]

Americans Work Too Damn Much

Americans Work Too Damn Much

Thinkers like John Maynard Keynes used to say that we would soon have more free time than we knew what to do with. Instead, we find ourselves working longer hours than ever. (Unsplash) It wasn’t supposed to be like this, according to John Maynard Keynes. In 1930, the economist predicted that his grandchildren would be working fifteen-hour workweeks. Technology would have advanced to the point two generations after his own that workers’ average time on the job would be a fraction of what it once was. We would all be struggling to figure out what to do with so […]

Increasing the Tax Burden on Capital Investment and Automation Hurts Workers

Increasing the Tax Burden on Capital Investment and Automation Hurts Workers

Over the past half decade, there has been an ongoing debate about how automation and the use of robots in the workplace has impacted workers’ wages and employment. Recently, economists Andrea Manera and Daron Acemoglu of the Massachusetts Institute of Technology (MIT) and Pascual Restrepo of Boston University examined whether tax policy favors certain forms of automation that puts workers at a competitive disadvantage.

In their latest report , Manera and her coauthors argue that differences in the tax treatment between labor and capital encourage firms to automate, reducing full-time employment without corresponding productivity increases. They encourage policymakers to consider […]