Tag: Technical

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 […]

Employment in the age of automation

Employment in the age of automation

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 most lifts can be operated by the user with the mere push of a button. […]

87% of companies will add workers this year, despite rise of robots

87% of companies will add workers this year, despite rise of robots

More employers than ever before (87%) will either increase or maintain their workforce numbers this year because of automation, according to a ManpowerGroup report released on Friday. The report surveyed 19,000 employers across 44 countries, assessing the effects of automation on job growth in the next couple years.

Robots replacing human jobs remains a top concern in the workforce, as automated systems are able to complete manual tasks at a much faster rate than humans. Instead of eliminating or reducing employment opportunities, robots will actually cause organizations to create new jobs, the report found. Other research has come to the […]

GENERATION OF AUTOMATION: IS YOUR JOB IN DANGER?

GENERATION OF AUTOMATION: IS YOUR JOB IN DANGER?

Humanity has made great strides in the technical world and, as of late, those strides have begun affecting the livelihood of people directly. Technology, (specifically A.I.) has seen vast advancements in recent years, so much so that for some industries the threat of redundancy is becoming ever more real.

According to original research from MoneySuperMarket, driverless vehicles are growing in capability and becoming more popular among firms that traditionally employ large numbers of drivers. Such a transition could trigger large-scale redundancies by as early as 2020. But, which jobs are in danger of being automated first?

Is Your Job At […]

Mothers the ‘single biggest influence on student’ career choices

Mothers the ‘single biggest influence on student’ career choices

Work needs to be done in telling parents how workplace is changing, conference hears

The gathering heard that student career decisions are made on the basis, more or less, on what their mother tells them, not their father. File photograph: Getty Images Mothers are the single biggest influence on students choosing their career options even though they may be out of touch with developments in work and education, a conference has heard.

The rise of automation and robotics – dubbed the “fourth industrial revolution” – is disrupting the world of work and will result in workers changing jobs and […]

Opinion: Automation and our jobs

What’s next in automation as Missouri minimum wage increases?

Missouri’s minimum wage will increase to $8.60 per hour in January, thanks to the voter-approved Proposition B that appeared on the November ballot. The increase is part of a four-year escalator that will raise the minimum wage to $12/hour in 2023 for non-exempt employees.

Proponents argue it’s time to increase the minimum wage to help those on the low end of the economic spectrum, closing the gap in income inequality. Opponents suggest raising the minimum wage leads to fewer jobs that less expensive automation could accomplish.The Show-Me Institute, a politically conservative think […]

AI Will Create Millions More Jobs Than It Will Destroy. Here’s How

AI Will Create Millions More Jobs Than It Will Destroy. Here’s How

In the past few years, artificial intelligence has advanced so quickly that it now seems hardly a month goes by without a newsworthy AI breakthrough . In areas as wide-ranging as speech translation, medical diagnosis , and gameplay , we have seen computers outperform humans in startling ways.

This has sparked a discussion about how AI will impact employment . Some fear that as AI improves, it will supplant workers, creating an ever-growing pool of unemployable humans who cannot compete economically with machines.

This concern, while understandable, is unfounded. In fact, AI will be the greatest job engine the world has […]

Will automation and AI give us four-day weekends – or simply leave us without jobs?

Will automation and AI give us four-day weekends – or simply leave us without jobs?

Assembly line robots have already taken over from humans in many manufacturing jobs, but will machines be replacing us in many other fields in future? (Photo: FRANCOIS GUILLOT/AFP/Getty Images) Artificial Intelligence expert Toby Walsh looks ahead to the work revolution coming our way, when robots are predicted to take over

In 1900 many people worked in dreadful conditions, doing repetitive and tedious jobs. The streets were full of horses and carts. Life expectancy for someone born that year was just 41. Wind forward to 1962 and working conditions had greatly improved. The streets were full of cars and trucks […]

Turning on the taps of global talent pipelines

Turning on the taps of global talent pipelines

We report from the CIPD 2018 conference on the changes in recruitment that will be created by AI technologies thereby reducing the skills gap. This article is taken from the latest issue of Relocate magazine. – the must read for HR, global managers and relocation professionals. Getting the right people in the right place at the right time is becoming more pressured. Survey after survey point to low applicant rates, high numbers of unfilled vacancies and skills shortages in key sectors. Brexit takes it to another level in some sectors. But could this be about to change? Ruth Holmes […]

THE CHANGING NATURE OF WORK

THE CHANGING NATURE OF WORK

Print Edition

Features As technology advances, firms adopt new methods of production, markets expand, and societies evolve. Firms rely on new technologies to better use capital, overcome information barriers, outsource, and innovate. Workers, firms and governments are building new comparative advantages as conditions change. For example, by being the first to adopt 3-D technologies, Danish firms strengthened their hold on the global market for hearing aid products in the 2000s.

The Indian government invested in technical universities across the country, and subsequently India became a world leader in high-tech sectors. By integrating into global value chains, Vietnamese workers developed […]