The outlook is dim for Americans without college degrees
By: The Economist January 10, 2019 AMERICA’S AGEING economic boom can still produce pleasant surprises. Companies added an astonishing 312,000 new jobs in December, the Bureau of Labour Statistics reported on January 4th, and raised pay at the fastest clip in years. For the third of working-age Americans without any college education, such spells of […]
Robots Aren’t Yet Killing Off All Our Jobs, World Bank Says
By: Natalia Drozdiak January 3, 2019 The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by machines. While advanced economies have shed industrial jobs over the last two decades, the […]
How robots change the world Oxford Economics
By: Oxford Economics June 2019 The robotics revolution is rapidly accelerating, as fast-paced technological advances in automation, engineering, energy storage, artificial intelligence and machine learning converge. The far-reaching results will transform the capabilities of robots and their ability to take over tasks once carried out by humans. Already, the number of robots in use worldwide […]
Automation and AI Are Going to Decimate Middle Class Jobs
By: Business Insider December 02, 2018 Artificial intelligence and increasing automation is going to decimate middle class jobs, worsening inequality and risking significant political upheaval, Stephen Hawking has warned. In a column in The Guardian, the world-famous physicist wrote that “the automation of factories has already decimated jobs in traditional manufacturing, and the rise of […]
Nearly half of UK firms think their business models won’t exist in 5 years because of A.I., study says
By: Elizabeth Schulze OCTOBER 30, 2018 Artificial intelligence is changing business fast and many U.K. companies can’t keep up. A new report Wednesday found that 41 percent of British companies surveyed said their business models will cease to exist in the next five years thanks to artificial intelligence (AI). The research, conducted by Microsoft, surveyed […]
The biggest challenge for the future of work hasn’t changed for decades
By: Asbar World Forum September 26, 2018 Technology and what it will do to change how we work is the driving obsession of the moment. The truth is that nobody knows for sure what will happen – the only certainty is uncertainty. How then should we plan for the jobs that don’t yet exist? Our […]
Robots in workplace ‘could create double the jobs they destroy’
By: Richard Partington September 17, 2018 The rise of machines, robots and algorithms in the workplace stands to create almost double the number of jobs for the global economy by the middle of the next decade than it puts at risk of being replaced. According to the World Economic Forum (WEF), about 133m jobs globally […]
What is corporate social responsibility – and does it work?
By: The Conversation August 7, 2018 When you purchase a product, I imagine you hope that the product was made with attention to human rights: that production occurred without unfair wages, human trafficking, forced or child labour, discrimination, abuses, or safety hazards. Perhaps you also hope that the company producing the item is conscious of […]
More than 6m workers fear being replaced by machines – report
By: Richard Partington August 6, 2018 More than six million workers are worried their jobs could be replaced by machines over the next decade, according to a report urging trade unions and the government to provide more support for those at risk. The findings come as Yvette Cooper, the Labour chair of the Commons home […]