Tag: Technology

Are We Prepared for the Rise of Automation?

Are We Prepared for the Rise of Automation?

We are barreling toward a future of automation. A great proportion of the six million US manufacturing jobs that have disappeared over the last few decades were lost as a direct result of automation’s slow absorption of physical labor and factory work. Now the pace is quickening. Because of the rapid development of artificial intelligence, the reach of automation is expanding, too. How automation could displace workers

According to Elon Musk, self-driving cars will displace 15% of the world’s workforce. Musk warns that driverless cars are closer than they might appear. Increasingly, trading on the stock market is […]

The Future of Work: Youth sceptical of A.I., ‘work as a service’ rising | SPECIAL REPORT

The Future of Work: Youth sceptical of A.I., ‘work as a service’ rising | SPECIAL REPORT

Chris Middleton looks at another new report on the future of work, and finds troubling gaps between the promise of AI and automation, and the real world the technologies are delivering.

In-depth analysis and comment Internet of Business says

With automation and AI sweeping into the workplace, a new report on the future of work finds that the younger workers are, the more sceptical they are of the benefits of the technology.In all, 50 percent of workers are not convinced about the benefits of AI, claims collaboration tech provider, Fuze. However, only 36 percent of employees over the […]

Future of work will need highly skilled human employees to do what AI and robots cannot

Future of work will need highly skilled human employees to do what AI and robots cannot

The future of work lies in automating the regular monotonous tasks with the help of technology and emphasising on up-skilling human talent and intelligence through training. Automation is a worldwide phenomenon today and is impacting work all across the globe. As per a World Bank report, the proportion of jobs threatened by automation in India is 69 per cent year-on-year.

Sectors like automobiles, pharmacy, and IT & ITES are in their transition periods and are adopting technologies for better governance which is impacting and reshaping the workforce.

This change is driving both companies and employees to advance their skills. The […]

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 […]

Will technology create or destroy jobs in China?

Will technology create or destroy jobs in China?

It seems like China is actually going to gain jobs as a result of AI. Source: Shutterstock. TECHNOLOGIES such as artificial intelligence (AI), robotics, drones, and autonomous vehicles have the potential to destroy jobs. 9 OUT OF 10 AI STARTUPS IN CHINA WILL FAIL WITHIN THE NEXT TWO YEARS In some parts of the world, such as the US and the UK, governments and regulators are concerned about the impact of such technologies on the economic machinery of the country and deliberating whether measures to slow down or halt their progress are needed.

In China, however, the story seems a […]

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 […]

Embrace digital or perish: Harsh Goenka

Embrace digital or perish: Harsh Goenka

Automation is changing the workplace everywhere, says Harsh Goenka. RPG Enterprises Chairman Harsh Goenka in an exclusive interview talks to ET about the group’s new policies to transform into a workplace of the new generation. In a conversation with Rica Bhattacharyya, Goenka NSE -16.67 % talks about how the group is preparing to face the digital boom in the world around and how automation is changing the workplace. “Embrace digital or perish,” he warns. According to Goenka there will be lot more jobs for people from humanities and arts rather than from engineering and science. Edited excerpts:

You […]

Experts Forecast Promising Future for Women in Era of AI

An artificial intelligence (AI) startup has used machine learning to scan scientific research and news stories in order to identify prominent scientists without any personal entry on Wikipedia, and found that many of them are women.

Researcher Jessica Wade, a physicist at Imperial College London in the UK, said Wikipedia presents an incredible gender bias, as 82 percent of biographies on its website are about men.

However, with the help of AI, this bias is decreasing and the information of female scientists will gradually be refined.The emerging technology of AI has gradually penetrated into all aspects of people’s lives, and caught […]

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 […]