Tag: Technical

Automation to hit most jobs, but overall impact ‘muted’: Study

Automation to hit most jobs, but overall impact 'muted': Study

Artificial intelligence and automation will lead to job losses in "virtually all occupational groups" over the coming decades in the United States, but the overall impact on employment will be "muted," a prominent think tank study said Thursday.

"Almost no occupation will be unaffected by the adoption of currently available technologies," said the Brookings Institution study.

The researchers, examining some 800 occupations, concluded that roughly 25 percent of US employment, or 36 million jobs in the United States, would face "high exposure to automation" in the coming decades.But they also pointed out that automation and artificial intelligence "are increasingly looking like […]

Automation: The leader of digital transformation

Automation: The leader of digital transformation

INDUSTRY 4.0 is impacting the world by storm. For Singapore to remain relevant in this highly globalised and competitive environment, businesses need to continuously innovate and use their resources more effectively. The manufacturing industry is no exception.

Manufacturing – which contributes about 20 per cent of Singapore’s gross domestic product (GDP) and 14 per cent of total employment – is being impacted by new technologies, changes in global supply chains and consumer demands. Local manufacturers must adapt to these technologies, such as robotics, to remain relevant.

Singapore’s manufacturing base has been gearing up to adopt the Industry 4.0 model to enhance […]

Automation to hit most jobs, but overall impact ‘muted’: study

Automation to hit most jobs, but overall impact 'muted': study

Artificial intelligence and robotics will impact most occupations in the coming years, according to a new study, but the overall impact on employment is likely to be "muted" Washington (AFP)

Artificial intelligence and automation will lead to job losses in "virtually all occupational groups" over the coming decades in the United States, but the overall impact on employment will be "muted," a prominent think tank study said Thursday.

"Almost no occupation will be unaffected by the adoption of currently available technologies," said the Brookings Institution study.The researchers, examining some 800 occupations, concluded that roughly 25 percent of US employment, or 36 […]

Automation will change every job, but only 25% are on the chopping block

Automation will change every job, but only 25% are on the chopping block

Coming for a job near you. Automation is coming, but not for everyone. Researchers at the Brookings Institution estimate just 25% of occupations in the US—in production, food service, and transportation—are at “high risk” for losing jobs from the advance of automation. “Automation is not the end of work,” said Mark Muro, policy director for the Brookings Institution’s program on urban economies and co-author of a study published Jan. 24.

Most occupations will see specific tasks assumed by machines, but much of their labor will likely be enhanced, rather than fully replaced, through automation, the study found. That’s because automation […]

The Doomed Fallacy of Jobs and Growth (Part 2)

The Doomed Fallacy of Jobs and Growth (Part 2)

Jobs. You just have to say the word and objections to anything seem to evaporate. A slight lift in the employment figure and the nation breathes a sigh of relief. But why, in a time of rapid automation, does work still dominate our thinking? In Part 2 of this series (you can read Part 1 here ), Mike Dowson challenges our assumptions about jobs.

If you arrived from outer space, and plugged a human language translator into Earth’s chatter, you’d probably notice something odd. It appears we humans believe our well-being depends on the possession of a ‘job’.

This might […]

Will Technological Progress Impoverish the Poor and Working Classes?

Will Technological Progress Impoverish the Poor and Working Classes?

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This past weekend at LibertyCon , I debated Andrew Yang, a progressive candidate for the Democratic presidential nomination, about whether the U.S. should adopt a Universal Basic Income.

Yang believes there is need for a UBI because future technological progress will gradually destroy jobs for people with limited skills. This forecast has arisen for millenia, but it has consistently been wrong: Emperor Vespasian: The Roman historian Suetonius writes, of the Emperor Vespasian (69-79 AD), that someone came to him with a new, cheaper technology for transporting heavy columns to Rome. The emperor rewarded the inventor but quashed the device […]

Automation could hollow out the American workforce

The legend of John Henry holds new relevance for workers across all industries.

That is, until a salesman showed up with a steam-powered drill.

Henry’s boss staged a contest between his best worker and the newfangled machine. Henry hollowed out 14 feet to the machine’s 9, but collapsed and died after the whistle blew. The company buried Henry in the sandy soil nearby, and though the song doesn’t say it, the central office probably placed an order for a dozen machines the next day and laid off the rest of the steel-driving men.Productivity-boosting automation has underlain American business success since the […]

Employment in the age of automation – Yusuf Saadat

Employment in the age of automation – Yusuf Saadat

Employment in the age of automation
What policymakers should consider

Syed Yusuf Saadat
The lift-operator is a peculiar person. He sits on a stool inside a small, claustrophobic space. In the olden days his job required quite a few skills. Back then, lifts were manually operated with a large lever, and it was the responsibility of the lift-operator to regulate the speed of the lift. His task also involved synchronising his timing in order to make sure that the lift always stopped parallel to the floor. It was almost as exciting as landing an aeroplane. However, nowadays […]

63% of employment in Mexico risks being automated, they say

When analyzing the industry’s technical impact, it was found that there are three branches (wood, furniture and clothing) where more than 85 percent of employment is highly likely to be replaced by machines. The wood and furniture manufacturing industry together constitutes 5.8 percent of the manufacturing work, so the effect of their automation would be moderate.

In contrast, the development of automation in industries such as food, equipment for transportation, clothing and manufacturing of metal products is a serious threat, as they together account for more than half of the manufacturing work. And besides the food industry, the other three […]

Automation can cost 1 million jobs but create as many by 2030

Automation can cost 1 million jobs but create as many by 2030

According to a report presented this Thursday, adopting automation in Portugal can potentially lead to a loss of around 1.1 million jobs in the industry and commerce by 2030 but it may also create others in health, social assistance, science and construction.

The report from CIP – Business Confederation in Portugal, which is presented on Thursday in Lisbon at a conference on “The Future of Employment in Portugal”, said that “Portugal has a relatively high potential for automation due to the weight of industry and repetitive tasks recorded in various sectors,” and points to the digital transformation of Portugal’s society […]