One of the most contentious debates in technology is around the question of automation and jobs . At issue is whether advances in automation, specifically with regards to artificial intelligence and robotics, will spell trouble for today’s workers. This debate is played out in the media daily, and passions run deep on both sides of the issue. In the past, however, automation has created jobs and increased real wages.
A widespread concern with the current scenario is that the workers most likely to be displaced by technology lack the skills needed to do the new jobs that same technology will […]
Automation’s impact on jobs is one of the most talked-about issues in financial services right now. It’s also one of the most misunderstood.
Augmentation or elimination?
The conversation most of the world is having about the impact of intelligent machines on the workplace has its roots in a paper published in 2013 by two researchers at the University of Oxford. “Technology at Work: the Future of Innovation and Employment,” by Carl Frey and Michael Osborne, analyzed hundreds of different jobs for their susceptibility to automation. Alarmingly, the authors concluded that roughly one in two jobs in America is at […]
Technology is spreading throughout the workforce, leaving many people without jobs. Getty Images967522166 Companies are adopting emerging technologies wildly throughout the industry, but for Arizona, it is hard to ignore how much it is growing.
Intel’s $7 billion chip plant is going up in Chandler and Axon is bringing talent from Silicon Valley to Scottsdale to keep up with growing demand. Meanwhile, startups are also flocking to the area as well, the San Francisco Chronicle reports.
Even though innovation is taking place throughout the state, the vast majority jobs are still in workaday service industries, such as health care, hospitality, retail […]
Automation technologies such as artificial intelligence (AI) could make more than half of all formal employment vacancies irrelevant in Brazil, according to new research.
The study by University of Brasília (UnB) employed data from a government database used to inform policies around the Brazilian labor market. The database covers 97 percent of formal employment in Brazil and includes information such as workers’ income, educational level and age.
Some 1122 occupations were split into in five groups according to the level of knowledge required to perform the various tasks. According to the research , which also incorporated evaluations from 69 local researchers […]
47 Pages Posted: 18 Mar 2017 Last revised: 28 Mar 2018 Abstract
Do industries shed jobs when they adopt new labor-saving technologies? Sometimes productivity-enhancing technology increases industry employment instead. In manufacturing, jobs grew along with productivity for a century or more; only later did productivity gains bring declining employment. What changed? Markets became saturated. While the literature on structural change provides reasons for the decline in the manufacturing share of employment, few papers can explain both the rise and subsequent fall. Using two centuries of data, a simple model of demand accurately explains the rise and fall of employment […]
Sunday’s Super Bowl ads showcased many emerging technologies , including artificial intelligence (AI) and robots. The Pringles ad featured a speaker reminiscent of Amazon’s Alexa, and showed that while a digital assistant may accurately list flavor combinations, it cannot actually physically taste the chips. Michelob Ultra narrated the story of an athletic robot that can golf, bike run, but can’t drink alcohol. TurboTax ’s ad showed a robot child saying it wanted to be a TurboTax CPA when it grows up, but a woman rejects that dream and says, “all TurboTax Live CPAs are human beings with real emotions. […]
The world’s two largest economies are engaged in a trade war without clear end. Britain is in the midst of a messy exit from the European Union.
Germany wants to block foreign takeovers of German companies. And worldwide there were more than three times as many restrictive trade measures implemented in 2017–18 as liberalizing ones, according to Global Trade Alert. All of this prompts the question: Is globalization going in reverse?
Not quite. Yes, trade in goods is growing more slowly amidst rising trade barriers in many places. But trade in goods is still growing, and trade in information and other […]
He said jobs are evolving and the average level of task change in the past five years is about 10 per cent a year and where there is task change, the statistics suggest there is much more job security.
"The more rapidly your job is changing, the more secure it is and if your job isn’t changing, you’re probably going to lose it," he said.
"Bearing this in mind, the workplace is actually much more secure which is completely contrary to the message being put out there at present."He said Australian workplaces are already undergoing incremental change by driving their own […]
Employees assemble Tasers at the Axon headquarters in Scottsdale, Ariz., Jan. 29. While some jobs are changing or being eliminated because of automation, many positions at Axon still require the dexterity of human hands.
PHOENIX — It’s hard to miss the dogged technological ambition pervading this sprawling desert metropolis.
There’s Intel’s $7 billion, 7-nanometer chip plant going up in Chandler. In Scottsdale, Axon, the maker of the Taser, is hungrily snatching talent from Silicon Valley as it embraces automation to keep up with growing demand. Startups in fields as varied as autonomous drones and blockchain are flocking to the area, drawn […]
1of3Abhijit Majumdar, AI/vision developer at Plus One Robotics, demonstrates the PickOne, a Swiss-made robot that sorts out cluttered packages, which uses software developed by Plus One.Photo: Bob Owen / Hearst Newspapers It’s hard to miss the dogged technological ambition pervading the sprawling desert metropolis of Phoenix.
There’s Intel’s $7 billion, 7-nanometer chip plant going up in Chandler. In Scottsdale, Axon, the maker of the Taser, is hungrily snatching talent from Silicon Valley as it embraces automation to keep up with growing demand. Startups in fields as varied as autonomous drones and blockchain are flocking to the area, drawn in large […]