Automation And The Future Of Work

Automation And The Future Of Work

AUTOMATION AND THE FUTURE OF WORK

Understanding the impact of automation on workers throughout the world.

TABLE OF CONTENTS 1. AUTOMATION ACROSS THE WORLD – Summary, Advances In Technologies, Worker Displacement, Probabilities of Automation, Research Studies Suggest High Probabilities Of Automation, It’s Different This Time 2. SUSCEPTIBILITY TO AUTOMATION IN THE WORLD ECONOMIES – Developing Economies, Advanced Economies 3. GENERAL CONSEQUENCES – Political, Economic 4. SOME SOLUTIONS – Prepare For Automation With “Difficult To Automate” Skills, Convince Employers And Educational Institutions To Address The Skills Gap, Pursue High Skill Occupations, Education – Real World Project Challenges […]

Many SC jobs will be lost to robots. Is yours safe?

Many SC jobs will be lost to robots. Is yours safe?

Columbia’s “mom-and-pop hippie shop” has kept its doors open for more than two decades because it offers customers something online shopping and self-checkout kiosks can’t.

“We offer a human interaction,” James “Don” McCallister said Tuesday from his Five Points boutique, Loose Lucy’s. The polychromatic portal to the past offers tie-dyed clothing, tapestries, Grateful Dead posters and jewelry — all set against a classic rock soundtrack and the pervasive smell of incense.

“There is no reason people can’t get any of this stuff online.”McCallister is confident that he and his employees are safe, for now, from automation eliminating their jobs. Loyal customers […]

Alibaba launches robo-porter, Japan hires disabled people to operate robots

Alibaba launches robo-porter, Japan hires disabled people to operate robots

There’s plenty of debate surrounding the impact that robotics and artificial intelligence will have on the job sector. Among reams of recent reports, the World Economic Forum this month predicted that many middle-class professionals are at risk from the technologies, despite a global net gain of 58 million jobs by 2022.

Looking east, the Asia Development Bank paints a similarly positive picture, while a PwC report predicts that China will benefit most from the Fourth Industrial Revolution.

However, two news items from China and Japan have emerged this week that typify the complicated relationship between emerging technologies and traditional notions of […]

Preparing for the Future of Work

Preparing for the Future of Work

Preparing for the Future of Work. Futurists have long envisioned a brighter tomorrow, full of A.I. helpers and automated environments that run on the sound of our voice. Now that we stand on the edge of that reality, it’s time to realize what it requires of us to make this new world work. With immense possibilities on the horizon comes expanding responsibility. Businesses need to act now to transform their IT, workforce and security to stay ahead of the curve.

Recently, Dell Technologies teamed up with Institute for the Future to project into the next decades, and predict how emerging […]

Why We Should Learn To Love The Robot

Why We Should Learn To Love The Robot

Robot vs. human: automation will eradicate some jobs, but it will also create new roles and restructure others. Getty Although the word “robot” didn’t appear until 1920, mankind has long been fascinated by the idea of creating a higher intelligence. Ancient mythology is peppered with references; from the Greek sculptor Pygmalion crafting his ideal woman out of ivory and bringing her to life, to the Jewish legend of Golem, built from clay by a rabbi seeking to protect his community from persecution. However, while we are captivated by robots we also seem to be highly suspicious of them. And […]

What Are Humans Good For? Oxford Researcher Shows How To Future-Proof Jobs In AI Economy

What Are Humans Good For? Oxford Researcher Shows How To Future-Proof Jobs In AI Economy

The recent surge in AI development has a twin effect on the industry — on the one hand it led to deployment of AI-based technology, and on the other it also sparked fear of job losses, due to rising automation. When seen in the Indian context, jobs siphoned off by automation has become an important issue in India’s tech circles. The Indian government led by PM Modi has fully embraced AI but it remains to be seen how it plans to assist the population of India in the age of automation.

Now, machine learning researcher Michael Osborne is looking at […]

Rest Easy, Sort of: AI Will Create More Jobs Than It Destroys

Rest Easy, Sort of: AI Will Create More Jobs Than It Destroys

Artificial intelligence, robotics and the fourth industrial revolution are setting the stage for a massive, global expansion in job creation, according to a new report released by the World Economic Forum .

Entitled “ The Future of Jobs ”, the report predicts that although the new technology will wipe out 75 million jobs worldwide by 2022, 133 million new jobs will be created in their place. The Swiss organization behind the annual agenda-setting Davos summit claims that on the whole, the robot revolution will by far deliver a net positive contribution to employment. Smooth Sailing or Storms Ahead?

The […]

Autonomous Trucks Still Down the Road

Autonomous Trucks Still Down the Road

Driverless haul trucks rumble over trails at Rio Tinto’s Mine of the Future in Western Australia. Ned Ludd never drove a truck. They didn’t exist in 1779 when, folklore says, he smashed a weaving machine in a “fit of passion.” This the young Englishman did after being beaten by his boss for idleness, or simply being told by his father, also a weaver, to “square his needles”—the accounts of the long-ago event vary. Indeed, Ludd the man may never have existed, but in the next century, textile workers who protested the introduction of job-killing machinery, sabotaging a lot of […]

World Economic Forum Forecasts Machines Will Do More Work Than Humans by 2025

World Economic Forum Forecasts Machines Will Do More Work Than Humans by 2025

The WEF has a prediction that should get people’s attention because of the rapid entry of smart machines into the workplace. According to the experts, the world of employment is about to experience a revolution because of computers, robots and automation, and humans will find themselves priced out by machines that are cheaper and don’t require lunch breaks.

See the full report here: The Future of Jobs Report 2018 .

The report says that millions of new jobs will be created to replace the ones lost, so not to worry, except that those new jobs will require technical training. Retraining employees […]

Automation in a low-wage country

Automation in a low-wage country

Robots are common in car production: VW production line in Puebla, Mexico. © Lossie/picture-alliance/dpa

Evermore industrial robots are being used in Mexico, where the potential for automation is great. To what extent robots will really replace low-wage labour remains to be seen however.

Mexico has historically been a low-wage economy. In the past, the USA’s southern neighbour mostly attracted foreign investors with low production costs which basically resulted from cheap labour. Among the members of the OECD (Organisation for Economic Co-operation and Development), a club of advanced economies, Mexico has the lowest minimum wage. It is a mere 88.36 pesos per […]