Tag: Technical

Automation Is Here

Automation Is Here

Robotics, automation and artificial intelligence have the power to transform the workplace for all those employed, including senior management. Today everyone, especially senior leaders, must understand this challenge, stay ahead of it and create conditions to benefit from it. This is a sea change comparable to the industrial and agricultural revolutions in scope and effect. For those in the workforce, like past societal transformations, the digital/tech revolution involves disruption and displacement, and new ways and types of working.

Using U.S. Bureau of Labor Statistics and Occupational Information Network (O*Net) data, McKinsey Global Institute analyzed automation’s potential workplace effect by examining […]

Robots Are Coming for Your Job. Here’s How, Why and When

Robots Are Coming for Your Job. Here’s How, Why and When

Four in 10 U.S. jobs are at risk of being replaced by automation and artificial intelligence by 2030. Here’s why Americans should worry the most. March 26, 2017 – The potential for job losses due to advances in technology is not a new concern. But over the past few years, fears of technology-driven job losses have emerged with advances in ‘smart automation’ – the combination of artificial intelligence (AI), robotics and other digital technologies. The impact of innovation is already visible in driverless cars and trucks, intelligent virtual assistants like Siri, Alexa and Cortana, and Japanese healthcare robots. But […]

Technology is killing jobs, and only technology can save them

Technology is killing jobs, and only technology can save them

In the recent presidential election, automation and robotics got a slight reprieve from the accusations that it has been the key driver in job losses in the United States. During the campaign, the conversation shifted, thanks largely to then-candidate Trump’s masterful scapegoating of Mexico and China, while calling out trade deals like NAFTA and the Trans-Pacific Partnership as clear and present threats to U.S. manufacturing.

Indeed, the administration continues to downplay automation as a factor in the U.S. economy, because that explanation runs against the political policies it hopes to enact under the guise of improving the conditions of America’s […]

Automation Could End Meaningless Jobs—And None Too Soon

Automation Could End Meaningless Jobs—And None Too Soon

What makes your work valuable?

Does it fulfill you? Allow you to connect with or help people? Contribute to a greater good?Or does its value come from your income, which allows you to do other meaningful things?You probably know someone who has a bullshit job. Maybe you have one yourself. Anthropologist David Graeber estimates 20 to 30 percent of the workforce feels their jobs are meaningless, and he’s calling for an end to the era of bullshit jobs.Graeber’s call to overhaul how we think about work introduces a twist to the ongoing […]

Mnuchin: Automation `not even on our radar screen’

Mnuchin: Automation `not even on our radar screen'

Companies are investing heaps of money to develop artificial-intelligence technologies that promise to transform industries as varied as transportation, finance and health care. That all adds up to big economic change, technologists warn.

But for Treasury Secretary Steven Mnuchin, the artificial intelligence revolution and its impact on the U.S. workforce is "not even on our radar screen." In an interview with Axios, Mnuchin predicted the technology was still 50 to 100 years from displacing human jobs.

"I’m not worried at all," he said. "In fact, I’m optimistic."His remarks contrast with a growing body of research that suggests the economic shift will […]

Tech world debate on robots and jobs heats up

Tech world debate on robots and jobs heats up

Advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations (AFP Photo/JUSTIN TALLIS) Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about automation replacing a growing number of occupations, including highly skilled or "knowledge-based" jobs.

Just a few examples: self-driving technology may eliminate the need for taxi, Uber and truck drivers, algorithms are playing a growing role in journalism, robots are informing consumers as mall greeters, and medicine is adapting robotic surgery and artificial intelligence to detect cancer and heart conditions.

Of 700 occupations […]

Will robots replace workers in the near future?

Will robots replace workers in the near future?

Those in wholesale and retail sectors in the UK are at highest risk from breakthroughs in robotics and artificial intelligence

Millions of workers are at high risk of being replaced by robots within 15 years as the automation of routine tasks gathers pace in a new machine age. A report by the consultancy firm PwC found that 30 per cent of jobs in Britain were potentially under threat from breakthroughs in artificial intelligence (AI). In some sectors, half the jobs could go. The report predicted that automation would boost productivity and create fresh job opportunities, but it said action was […]

Treasury Secretary: Robots replacing human workers is ‘not even on our radar screen’

Treasury Secretary: Robots replacing human workers is ‘not even on our radar screen’

Treasury Secretary Steven Mnuchin talks March 9 before a meeting with leaders from small community banks in the Roosevelt Room at the White House. (Jabin Botsford/The Washington Post) Companies are investing heaps of money to develop artificial-intelligence technologies that promise to transform industries as varied as transportation, finance and health care. That all adds up to big economic change, technologists warn.

But for Treasury Secretary Steven Mnuchin, the artificial intelligence revolution and its impact on the U.S. workforce is “not even on our radar screen.” In an interview with Axios , Mnuchin predicted the technology was still 50 to 100 […]

30% of UK jobs at risk of automation by 2030

30% of UK jobs at risk of automation by 2030

Over 30% of UK jobs are at risk of becoming automated within the next 15 years thanks to developments in artificial intelligence, at least according to a recent report by PwC .

More than 10 million jobs are at "high risk" of being replaced with robots, although some sectors such as transportation and manufacturing would be worst hit by the emerging technology.

The report found that up to 56% of transportation and storage jobs could disappear, while 46% of manufacturing and 44% of retail roles could be soon carried out by AI led software or robots, sectors involving high proportions of […]

30% of UK jobs could be affected by automation

30% of UK jobs could be affected by automation

Up to around 30% of existing UK jobs could face automation over the next 15 years, but new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, according to new analysis by PwC in its latest UK Economic Outlook report. This involves looking in detail at the task composition of jobs in different industry sectors and occupations, using machine learning techniques to model the potential impact of AI in the future based on OECD data.

The study estimates that the UK (30%) has a lower proportion of existing jobs at potential high risk of automation […]