Tag: Technology

Automation and the Future of Work

The goal of the Value of Jobs coalition is to drive private-sector job creation and retention to the top of the region’s list of priorities. Since 2010, the Portland Business Alliance, working with partners, has led the Value of Jobs coalition to track economic trends, job and wage data, as well as the impact of several important industry sectors within the region that are among the foundations of the growing economy.

In this 2017 report, based on recent technological innovations, researchers predict the impacts of increasing automation and what that means for Oregonians and their jobs. The next wave of […]

Report: Half of all Oregon jobs at risk of automation

Report: Half of all Oregon jobs at risk of automation

In this Aug. 21, 2015 photo, a Chinese man works amid orange robot arms at Rapoo Technology factory in southern Chinese industrial boomtown of Shenzhen. Factories in China are rapidly replacing those workers with automation, a pivot thats encouraged by rising wages and new official directives aimed at helping the country move away from low-cost manufacturing as the supply of young, pliant workers shrinks. (AP Photo/Vincent Yu) PORTLAND, Ore. ( PORTLAND TRIBUNE ) — Roughly half of all jobs in Oregon are at risk of being replaced by automation in the rapidly approaching future, according to a first-of-its-kind report […]

Experts: Automation could take up to 800M jobs by 2030

Experts: Automation could take up to 800M jobs by 2030

Robots are displayed during the World Intelligence Conference in Tianjin on June 30. A report Wednesday by consulting firm McKinsey & Co. said up to 800 million workers could lose their jobs to automation by 2030. File Photo by Stephen Shaver/UPI Nov. 29 (UPI) — As many as 800 million workers worldwide could lose their jobs to automated equipment within 13 years, according to an analysis Wednesday by U.S. consulting firm McKinsey & Co.

The 160-page report, compiled by the McKinsey Global Institute said machine operators, fast-food workers and back-office employees will be the most quickly affected.

The institute said the […]

Sorting It Out: Understanding Future Job Creation Issues – More Questions than Answers

Logistics News – Sorting It Out

Cliff Holste is Supply Chain Digest’s Material Handling Editor. With more than 30 years experience in designing and implementing material handling and order picking systems in distribution, Holste has worked with dozens of large and smaller companies to improve distribution performance.
Will Advances in Automation create enough New Jobs to Support a Stable Economy?
It’s interesting to note that despite losing millions of jobs to “labor saving machines” over the past 100 years or so, we actually have more total jobs today than we did when the construction, steel, auto, telephone, […]

Automation is coming for more jobs than you may realize

Automation is coming for more jobs than you may realize

With the rise of artificial intelligence, the future of many workers around the globe is in jeopardy.

According to a new study by McKinsey Global Institute , up to 30 percent of global hours worked could be automated within the next 13 years, reported Axios . The report explained that technological advancements usually ended up creating more jobs — but the short-term effects could be damaging for workers.

“All advanced economies have experienced profound sectoral shifts in employment, first out of agriculture and more recently manufacturing,” McKinsey said. “New technologies have spurred the creation of many more jobs than they destroyed.”However, […]

Axios Future of Work

Welcome back. Please invite your friends and colleagues to join the conversation. Tell me anything on your mind, including what you think about what you are reading here and in the daily stream . Just reply to this email, or reach me at steve@axios.com. Let’s start with … 1 big thing: The occupations of the future

Illustration: Lazaro Gamio / Axios

We know that automation is wiping out whole occupations, but are leading experts correct that the unemployed will eventually shift into new professions created by the vibrant economy? And if so, what are some of these new jobs? 21 […]

Robots May Put 800 Million People Out Of A Job By 2030

Robots May Put 800 Million People Out Of A Job By 2030

Back in the 1900s, most of America had its workforce on farms and just enough food was produced to feed a far less populous nation. Now, less than 2 percent of Americans work on farms, because technology has revolutionized the sector. Automation has taken over .

The same applies to plenty of sectors these days, particularly when manual labor is involved. Now, a new study has laid this reality bare. According to a study by management consultancy firm McKinsey, up to one-third of the American workforce (73 million people) may lose their jobs to automation by 2030.

In total, up to […]

A New Study Reports That Nearly 40 Million Workers in the U.S. Will Be Displaced By Technology

A New Study Reports That Nearly 40 Million Workers in the U.S. Will Be Displaced By Technology

In the future, everyone will be employed for 15 minutes. The future of employment on this planet is bleak, according to the analysis by McKinsey Global Institute , which predicts that hundreds of millions of workers across the globe will find themselves out of work due to automation, robotics, artificial intelligence, and other technological innovations by 2030.

In a massive report, McKinsey says that upwards of 375 million workers—38.6 million of those in the U.S.—will be displaced from their jobs. The lucky ones will find new employment opportunities. The unlucky? Well, maaaybe someday we’ll live in a world with basic […]

Robots vs. jobs: Report says automation will displace up to 375M workers by 2030

Robots vs. jobs: Report says automation will displace up to 375M workers by 2030

A worker keeps watch on a riveting robot inside the mid-body fuselage of a 777 jet. (Boeing Photo) The latest robot report has bad news for laborers and office support staff, good news for techies and healthcare workers. India looks bright, while Japan could face the toughest stretch.

Those are just some of the takeaways from McKinsey Global Institute’s data-packed analysis of the effects of automation on employment between now and 2030. The bottom line? Hundreds of millions of workers around the world will be displaced due to the revolutions in robotics and artificial intelligence.

“Displaced” is the key term: Many […]

McKinsey: Massive Govt Investment Will Be Needed After Automation Wipes Out Jobs

McKinsey: Massive Govt Investment Will Be Needed After Automation Wipes Out Jobs

Humanoid robots work side by side with employees on the assembly line at a factory of Glory Ltd., a manufacturer of automatic change dispensers, in Kazo, north of Tokyo, Japan, in this July 1, 2015 file photo. REUTERS/Issei Kato/Files A new report from the international consulting firm McKinsey and Co. says heavy government investment in job training, education and unemployment assistance will be needed to mitigate automation’s costs to labor.

The international workforce must be more dynamic and flexible in transitioning from increasingly automated industries to emerging and expanding ones, according to the study .

As many as 800 million jobs […]