Tag: Technical

Britain faces social unrest because swathes of people are set to lose their jobs in robot revolution, Bank of England’s chief economist warns

Britain faces social unrest because swathes of people are set to lose their jobs in robot revolution, Bank of England's chief economist warns

There are calls for a massive skills drive to find employment for those set to be affected by the next wave of automation (file picture) There are calls for a massive skills drive to find employment for those set to be affected by the next wave of automation (file picture)

Britain faces the threat of social unrest as robots take ‘swathes’ of jobs, the Bank of England’s chief economist warned today.

Andy Haldane said the so-called Fourth Industrial Revolution will see ‘the machine replacing humans doing thinking things’.He cautioned that the ‘dark side’ of the change could be disruption on a […]

Droids to steal ‘swathes’ of jobs in ‘dark robot revolution’, warns top economist

Droids to steal ‘swathes’ of jobs in ‘dark robot revolution’, warns top economist

ROBOTS are poised to take "swathes" of jobs from humans – and not just manual labour roles, either.

A leading economist has warned that as robotic tech improves, we could see the "dark side" of a fourth industrial revolution. Reuters The Bank of England’s Chief Economist Andy Haldane has warned over a robot takeover GETTY – CONTRIBUTOR Robots will nick 56 percent of low-wage jobs in the next two decades, predicts the UN Andy Haldane, chief economist at the, Bank of England said: "The first three industrial revolutions have been about largely machines replacing humans doing principally manual tasks, whereas […]

Factory automation doesn’t spell doom for human workforce

Factory automation doesn’t spell doom for human workforce

Nikki Summers, Regional Director, SAGE East Africa, speaking during the CIO IoT and AI Summit. A recent study by the McKinsey Global Institute predicts that by 2030, as many as 800 million jobs could be lost worldwide to automation. The study , revealed that advances in AI will have a drastic effect on everyday working lives.

During the IoT and AI Summit, Nikki Summers, Regional Director, SAGE East Africa, speaking on future factories mentioned that the biggest trend in smart manufacturing is lights out manufacturing, which means factories that run lights out are fully automated and require no human presence […]

Jobs and careers in the ‘fourth industrial revolution’

By Jock Finlayson
and Kristine St.-Laurent
Business Council of B.C.

The work world is being transformed by rapidly evolving digital technologies as we march into what many are calling the “fourth industrial revolution.” Jock Finlayson With disruptive technologies pushing the frontiers of automation, some of the comparative advantages humans traditionally have enjoyed relative to technology are eroding. Computers and learning-based algorithms have progressed beyond replacing repetitive, manual tasks with mechanical execution.Now, recognizing patterns, providing diagnoses and communicating complex information – three activities once seen as within the purview of people – are increasingly performed by computers. Doctors, lawyers, accountants […]

How AI and Intelligent Automation Impact HR Practices

How AI and Intelligent Automation Impact HR Practices

AI and intelligent forms of automation are changing the ways companies operate. HR is no exception. In fact, HR leaders are spearheading automation efforts for their employers.

Today’s businesses must continually improve process efficiencies to stay competitive. Given the high cost of human labor, they are turning to AI and intelligent automation technologies to lower costs and increase ROI. While there’s considerable anxiety in some parts of the workforce about the impact of AI and intelligent automation, experts say workers and their employers are happier when humans focus on what they do best. Image: Shutterstock Forrester Research has defined a […]

Who’s Afraid of General AI?

Who's Afraid of General AI?

Byron Reese, technology entrepreneur and author of the new book, “The Fourth Age: Smart Robots, Conscious Computers, and the Future of Humanity” discusses the possibility of creating machines that truly think.

Byron Reese believes technology has only truly reshaped humanity three times in history. The first came with the harnessing of fire. The second with the development of agriculture. And the “third age” came with the invention of the wheel and writing. Reese, CEO and publisher of the technology research company, Gigaom, and host of the Voices in AI podcast, has spent the majority of his career exploring how technology […]

Are Skilled Trade Jobs Safe in the Age of Automation?

Are Skilled Trade Jobs Safe in the Age of Automation?

Daniel Browning is the business development coordinator at DO Supply Inc. In his spare time, he writes about automation, AI, technology, and the IIoT. When Daniel isn’t working, you can find him on a golf course or reading a book. While advances in technology have introduced exciting new innovations, from virtual reality to self-driving cars, there has been increasing fear that automation may irreversibly damage the job market. That fear is understandable: A recent study by McKinsey found that, although less than 5% of occupations consist entirely of tasks that can be fully automated using current technology, for about […]

India to work with BRICS for Fourth Industrial Revolution: Modi

India to work with BRICS for Fourth Industrial Revolution: Modi

Indian Prime Minister Narendra Modi on Thursday said that India will work with other member states of the BRICS economic bloc to prepare for the Fourth Industrial Revolution while reiterating India’s commitment to multilateralism, international trade and rule-based world order.

Addressing the plenary session of the 10th BRICS (Brazil, Russia, India, China, South Africa) Summit here, Modi said that everybody knows the importance of working together to fight the challenges thrown up by cyber security.

"Industry 4.0 will further increase these challenges and needs," he said." India will like to work with the BRICS on the issue of the Fourth Industrial […]

India to work with BRICS for Fourth Industrial Revolution: PM Narendra Modi

India to work with BRICS for Fourth Industrial Revolution: PM Narendra Modi

Johannesburg : Indian Prime Minister Narendra Modi on Thursday said that India will work with other member states of the BRICS economic bloc to prepare for the Fourth Industrial Revolution while reiterating India’s commitment to multilateralism, international trade and rule-based world order.

Addressing the plenary session of the 10th BRICS (Brazil, Russia, India, China, South Africa) Summit here, Modi said that everybody knows the importance of working together to fight the challenges thrown up by cyber security. “Industry 4.0 will further increase these challenges and needs,” he said. “India will like to work with the BRICS on the issue of […]

Robot Bartenders and the Future of Work

Robot Bartenders and the Future of Work

Higher ed seems to be a hotbed of worry about a robot-driven jobless future. This is at least true of the edtech people with which I hang around.

Go to any conference that is supposed to be about online learning and educational technology, and you will hear a good deal of conversation about robots.

Worries will be expressed about driverless cars taking all the driving jobs. A recent MIT Technology Review article pointed out that 3.8 million Americans make their living driving, including 1.7 million who drive trucks. Goldman Sachs estimates that self-driving vehicles will eliminate 300,000 jobs a year, once […]