Tag: Technical

Does technology replace more jobs than it creates?

Does technology replace more jobs than it creates?

A new major study into US census data since 1940 has quantified technology’s impact on job loss and creation – and what AI will do in the future.

Image: Jose-Luis Olivares, MIT; iStock Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured.But a new research […]

How Will Artificial Intelligence Affect Jobs 2024-2030?

How Will Artificial Intelligence Affect Jobs 2024-2030?

Artificial Intelligence (AI) is poised to significantly impact jobs from 2024 to 2030. AI applications like automation and robots are reshaping workplaces, potentially leading to job displacement but also creating new roles that demand expertise in data analysis and machine learning . The evolving landscape may see routine tasks automated, necessitating a shift towards roles requiring technical, creative, and social skills . In the recruitment sector, AI is streamlining processes, enhancing productivity, and altering HR functions, with a projected increase in AI adoption by businesses . Specifically in software engineering, AI is expected to automate many tasks, prompting the […]

Does technology help or hurt employment?

This is part 2 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 1 is available here .

Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: Consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured. But […]

Does technology help or hurt employment?

Does technology help or hurt employment?

Combing through 35,000 job categories in U.S. census data, economists found a new way to quantify technology’s effects on job loss and creation. Images for download on the MIT News office website are made available to non-commercial entities, press and the general public under a Creative Commons Attribution Non-Commercial No Derivatives license . You may not alter the images provided, other than to crop them to size. A credit line must be used when reproducing images; if one is not provided below, credit the images to "MIT." This is part 2 of a two-part MIT News feature examining new […]

How not to talk about AI in education

How not to talk about AI in education

With AI described variously as a co-author, creator, thinker, and even a teacher, Helen Beetham urges the sector to articulate AI’s role in higher education more carefully, so that we’re not inadvertently fuelling the hype and confusion

It seems impossible not to talk about AI. Here is a story about technology that challenges universities on their own ground. It claims to have knowledge, to think, and to learn. Students can use it to write assignments, and scholars to turbocharge their research outputs. But by talking about it in the terms given by the AI industry, are we failing to […]

The impact of artificial intelligence on future-proof careers

The impact of artificial intelligence on future-proof careers

Photo credit: Shutterstock.com / PeopleImages.com – Yuri A In the rapidly evolving landscape of the modern workplace, the advent of artificial intelligence ( AI ) has sparked a global conversation about the future of employment and the nature of future-proof careers. This transformative technology, once the preserve of science fiction, is now a pivotal driver of change in virtually every sector of the economy, influencing how we work, the jobs we do, and the skills we need to succeed. As we stand on the brink of a new era, it’s essential to explore the impact of artificial intelligence on […]

Automation essay.pdf – Title: The Societal Impact of…

Title: The Societal Impact of Automation on Employment The advent of automation, driven by advancements in artificial intelligence, robotics, and machine learning, has transformed industries and reshaped the nature of work in the 21st century. While automation offers opportunities for increased efficiency, productivity, and innovation, its widespread adoption also raises significant concerns about its impact on employment and societal well-being. This essay examines the complex interplay between automation and employment, exploring the opportunities, challenges, and potential policy responses to mitigate adverse consequences. Automation has the potential to disrupt labor markets by displacing certain types of jobs while creating new […]

Harmonising Horizons: The futuristic symphony of automation in 2024

Harmonising Horizons: The futuristic symphony of automation in 2024

Representative Image Automation refers to the use of technology to perform tasks with minimal human intervention. Here are the different types of automation:

Fixed Automation: In fixed automation, a predefined sequence of operations remains constant and cannot be customised by the user. It is commonly used in the mechanical industry for specific tasks. Think of it as a “set-it-and-forget-it” approach where the system configuration determines the sequence of operations.

Programmable Automation: Programmable automation allows users to modify the sequence of operations based on specific requirements. Users can customise the process by changing the order of steps. It provides flexibility […]

Impacts of the advancement of automation in business.

Research Story: What will be the impacts, either positive or negative, of the advancement of automation on this particular business? How will this change your experience as an owner, employee, or customer? The Introduction Digital technologies adoption has immensely transformed the way businesses are done in the society today. The automation of various operations has led to changes in the business structures and strategies. It is due to this that the effects of these technological advancements in the business sector have been felt across from the owners, workers and customers. Positive Impacts Efficiency: Modern technologies has helped streamline many […]

Navigating the workforce and skills transformation in the age of AI

Navigating the workforce and skills transformation in the age of AI

Implementing AI and technology is more about managing human emotions than technical deployment. The genie has escaped the bottle and AI is everywhere now, and HR leaders must understand its implications and steer organisations toward a future in which humans and machines can coexist. While integrating these technologies offers a promising outlook to augment human capabilities and drive innovation, it is equally true that this journey is full of challenges and unknowns. Think of it as navigating through a thick fog—there is a lot we cannot see yet, and we are learning as we go. The path is unclear, […]