Nearly half of current jobs could be automated by 2055, according to a new report
By: Patrick Caughill February 03, 2018 According to a new report from the McKinsey Global Institute, nearly half of all the work we do will be able to be automated by the year 2055. However, a variety of factors, including politics and public sentiment toward the technology, could push that back by as many as […]
The rise of of the robots: risks to more jobs as minimum wage increase warns IFS
By: CITY A.M January 04, 2018 Higher minimum wage levels could tempt British employers to automate more jobs, risking a rise in unemployment, respected economists at the Institute for Fiscal Studies (IFS) will today warn. In research to be published today, the IFS will call for “extremely careful monitoring” of the effects of government increases […]
UK’s poorest to fare worst in age of automation, thinktank warns
By: Richard Partington December 28, 2017 The rise of the machine economy risks social disruption by widening the gap between rich and poor in Britain, as automation threatens jobs generating £290bn in wages. Jobs accounting for a third of annual pay in the UK risk being automated, according to the study by the IPPR thinktank. […]
What the Tax Bill Fails to Address: Technology’s Tsunami
By: Farhad Manjoo March 28, 2017 Let’s pretend you have just been picked to run a small island nation. Congratulations! But don’t settle in to your throne quite yet. A potential catastrophe looms on the horizon. A huge tsunami is coming your way. Fortunately, there’s hope. Yours is a wealthy island. You can’t prevent the […]
As corporate goliaths grow ever larger, Britain looks increasingly exposed
By: The Guardian December 10, 2017 We live in a world of corporate goliaths and the trend to gigantism is accelerating. The new era of hi-tech data capitalism has an embedded proclivity to monopoly. The bigger the network, whether Facebook or Google, the more valuable it is to be connected. Big is good in the […]
Report of Findings from the Shift: The Commission on Work, Workers and Technology
By: Shift Commission May 15, 2017 New America and Bloomberg’s publication, Report of Findings , from the Shift: The Commission on Work, Workers and Technology captures the viewpoints of 100 leaders and workers across all walks of American life as they imagine the future of work 10–20 years from now. Read Full Report
Track how technology is transforming work
By: Tom Mitchell & Erik Brynjolfsson April 13, 2017 Advances in technology pose huge challenges for jobs. Productivity levels have never been higher in the United States, for example, but income for the bottom 50% of earners has stagnated since 1999 (see ‘Job shifts’). Most of the monetary gains have gone to a small group […]
How Technology Liberates Human Capital
By: Michael Milken and Igor Tulchinsky April 11, 2017 New technologies tend to disrupt old businesses, but also to create more jobs than they destroy. That’s little solace, though, to the workers who lack either the skills or flexibility to find better opportunities. From the factory floor to the Wall Street trading desk, advanced technologies […]
Robots Are Going To Kill Jobs Because They Already Have
By: Ben Schiller March 31, 2017 Treasury Secretary Steve Mnuchin says automation isn’t something he loses sleep over: “It’s not even on our radar screen . . . [it’s] 50 to 100 more years” away, as he said at an event organized by Axios. “I’m not worried at all,” he added. “In fact I’m optimistic.” […]