Tag: employment

Most Work Is New Work, Long-Term Study of U.S. Census Data Shows

Most Work Is New Work, Long-Term Study of U.S. Census Data Shows

By Peter Dizikes | MIT News

This is part 1 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 2 is available here .

In 1900, Orville and Wilbur Wright listed their occupations as “Merchant, bicycle” on the U.S. census form. Three years later, they made their famous first airplane flight in Kitty Hawk, North Carolina. So, on the next U.S. census, in 1910, the brothers each called themselves “Inventor, aeroplane.” There weren’t too many of those around at the […]

Amazon, the world’s second-largest employer, replaces 100,000 humans with 750,000 robots, a ‘microcosm of how AI is changing the workforce’

Amazon, the world's second-largest employer, replaces 100,000 humans with 750,000 robots, a 'microcosm of how AI is changing the workforce'

Amazon, the world’s second-largest private employer with 1.5 million employees, is cutting its workforce by 100,000 and putting about 750,000 robots to work, financial news media Benzinga reported.

Amazon Grows To Over 750,000 Robots As World’s Second-Largest Private Employer Replaces Over 100,000 Humans – Benzinga

https://www.benzinga.com/general/24/04/38202793/amazon-grows-to-over-750-000-robots-as-worlds-second-largest-private-employer-replaces-over-100-000 Top Amazon exec says it’s a ‘myth’ robots steal jobs https://www.cnbc.com/2024/04/12/top-amazon-exec-says-its-a-myth-robots-steal-jobs.html According to Benzinga, the number of Amazon employees has fallen to 1.5 million at the time of writing, down from 1.6 million in 2021. Meanwhile, Benzinga reports that Amazon is introducing 200,000 robots in 2019 and 520,000 robots by […]

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

Fortune· Scott Olson—Getty Images Manufacturing has been front and center in recent years as the U.S. and China engage in a tech rivalry while companies look to reposition more of their supply chains domestically.

President Joe Biden has touted his policies to encourage more U.S. production of chips and green-energy technologies. Earlier this month, his administration pledged up to $6.6 billion so that Taiwanese Semiconductor can expand its facilities in Arizona . And last month, the administration reached a $19.5 billion funding deal with chip giant Intel for four new U.S. plants.

But data in the U.S. and other global manufacturing […]

Is artificial intelligence causing technological triggers?

Is artificial intelligence causing technological triggers?

Is artificial intelligence causing technological triggers?

Laura Lilly

· Follow 3 min read·4 hours ago Artificial Intelligence and Technological Redundancies: Navigating the Impact of AutomationIntegrating AI has become a double-edged sword in an ever-evolving technology landscape that envisions unprecedented advances while causing significant disruption across industries. One of the most pressing concerns is AI’s potential to cause technological disruption, a phenomenon fueled by the automation of tasks normally performed by humans. Artificial intelligence undoubtedly offers huge opportunities for efficiency gains and cost savings, but its implementation has raised questions about the future of employment and the socio-economic effects […]

employment.docx – Title: The Ethics of Artificial…

Title: The Ethics of Artificial Intelligence in Employment: Balancing Automation and Human Dignity Introduction: The integration of artificial intelligence (AI) technologies in the workplace has brought about unprecedented levels of automation, efficiency, and productivity. However, the ethical implications of AI in employment raise complex questions about job displacement, economic inequality, and the dignity of workers. In this essay, we explore the ethical considerations surrounding AI in employment, examining the challenges and opportunities for ensuring that automation is aligned with principles of human dignity, fairness, and social justice. Job Displacement and Economic Impact: One of the primary ethical concerns associated […]

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates” 1 The BJP governments’ aggressive push for privatisation, corporatisation, automation etc – what they call ‘economic reforms’ – is rapidly undoing the meagre gains made by backward communities in recent decades. The electoral bonds scam has clearly revealed, these policies are shaped for the benefit of corporations, the overwhelming majority of them run by savarnas.

Important research findings all Indian citizens must pay heed to:

Corporate India is a savarna club: A study by Swadeshi Andolan revealed that not a single SC or ST person is present on […]

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

Biden speaking at an electrical equipment manufacturer in Milwaukee in 2023. Manufacturing has been front and center in recent years as the U.S. and China engage in a tech rivalry while companies look to reposition more of their supply chains domestically.

President Joe Biden has touted his policies to encourage more U.S. production of chips and green-energy technologies. Earlier this month, his administration pledged up to $6.6 billion so that Taiwanese Semiconductor can expand its facilities in Arizona . And last month, the administration reached a $19.5 billion funding deal with chip giant Intel for four new U.S. plants.

But data […]

Does Technology Help or Hurt Employment?

Does Technology Help or Hurt Employment?

By Peter Dizikes | MIT News

This is part 2 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 1 is available here .

Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: Consider a computer programmer, or someone installing solar panels on a roof.Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until […]

Artificial Intelligence: Is it a Looming Threat to Employment Generation?

Artificial Intelligence: Is it a Looming Threat to Employment Generation?

In the rapidly evolving landscape of technology, the advent of Artificial Intelligence (AI) has sparked both awe and apprehension. While hailed for its potential to revolutionize industries and streamline processes, there’s a growing concern that AI could pose a significant threat to employment generation. This sentiment has ignited a fervent debate among experts and policymaker’s worldwide. Proponents of AI argue that it has the capacity to enhance productivity, efficiency, and innovation across various sectors. From automated manufacturing processes to intelligent customer service systems, AI applications promise to streamline operations and unlock new avenues for growth. Advocates often highlight the […]

Is AI threatening employment stability? Here’s what economist says

Is AI threatening employment stability? Here’s what economist says

Illustration of construction workers. (Photo: Public Communication Bureau PUPR Ministry) UNAIR NEWS – The International Monetary Fund (IMF) has identified the development of Artificial Intelligence (AI) technology as it has the potential to exacerbate inequality and lead to a loss of 40 percent of jobs. These jobs are predicted to be replaced by AI. What are the threats of AI to employment stability in Indonesia?

Economics expert Prof. Dr. Sri Herianingrum SE MSc from Universitas Airlangga pointed out that these threats will target low-skilled jobs. All such jobs can be replaced by technology automation, such as robots.

“Low-skilled jobs that can […]