UK heading towards employment ‘apocalypse’ due to AI, new study says

UK heading towards employment 'apocalypse' due to AI, new study says

The rise of artificial intelligence (AI) threatens nearly 8 million jobs in the United Kingdom unless government measures are taken to instead enhance work through technology, a study by the Institute for Public Policy Research (IPPR) warned on Wednesday.

In the worst-case scenario, up to 7.9 million positions could ultimately be lost. These range from low and highly-skilled jobs spanning secretarial work to data management and graphic design, to be potentially replaced by algorithms, according to the IPPR study.

However, tax measures encouraging the enrichment of jobs with new responsibilities while automating certain tasks can avert a so-called "job apocalypse".The […]

Exploring the top manufacturing trends shaping 2024; From automation to sustainability

Exploring the top manufacturing trends shaping 2024; From automation to sustainability

Technological advancements in the manufacturing sector play a vital role in the growth of the world economy. Emerging manufacturing trends include industrial automation, smart factories, additive manufacturing, and Artificial Intelligence (AI). However, in the aftermath of the COVID-19 pandemic, manufacturing companies are looking to maintain productivity with reduced manpower.

Hence, startups and scaleups are developing smart sensors, immersive technology gadgets, and wearables that eliminate the need for the physical presence of workers. Simultaneously, companies are shifting to sustainable materials and green energy sources to reduce the carbon footprint of manufacturing facilities and products.

Top 10 Manufacturing Trends in 2024 […]

Research Discussion Exploring the Impacts of Artificial Intelligence on Employment

**Research Discussion: Exploring the Impacts of Artificial Intelligence on Employment** **1. Introduction** Artificial Intelligence (AI) has become increasingly pervasive in various aspects of our lives, including the workforce. As AI technologies advance, they have the potential to revolutionize industries, streamline processes, and enhance productivity. However, there is growing concern about the potential displacement of human workers by AI systems. This research discussion aims to delve into the multifaceted impacts of AI on employment, exploring both the opportunities and challenges it presents. **2. The Evolution of AI in the Workforce** The integration of AI into the workforce is not a […]

Some managers looking for a discount think it’s time to replace you with AI

Some managers looking for a discount think it’s time to replace you with AI

Bosses are crunching the numbers and considering replacing workers with AI. It’s been almost a year since AI’s bloom last spring , recalling another flowering: The “tulip mania” of the Dutch Golden Age, one of the most infamous examples of a financial bubble in economic history. But will ChatGPT blossom, with ramifications for any worker’s job, or will it wither as the petals fall off the proverbial plant?

Even if people are mixed on whether AI will take your job or enhance it, one thing is becoming clear: Managers are starting to pit these innovations against disenfranchised workers.

Look no further […]

The impact of artificial intelligence on future-proof careers

The impact of artificial intelligence on future-proof careers

Photo credit: Shutterstock.com / PeopleImages.com – Yuri A In the rapidly evolving landscape of the modern workplace, the advent of artificial intelligence ( AI ) has sparked a global conversation about the future of employment and the nature of future-proof careers. This transformative technology, once the preserve of science fiction, is now a pivotal driver of change in virtually every sector of the economy, influencing how we work, the jobs we do, and the skills we need to succeed. As we stand on the brink of a new era, it’s essential to explore the impact of artificial intelligence on […]

Automation essay.pdf – Title: The Societal Impact of…

Title: The Societal Impact of Automation on Employment The advent of automation, driven by advancements in artificial intelligence, robotics, and machine learning, has transformed industries and reshaped the nature of work in the 21st century. While automation offers opportunities for increased efficiency, productivity, and innovation, its widespread adoption also raises significant concerns about its impact on employment and societal well-being. This essay examines the complex interplay between automation and employment, exploring the opportunities, challenges, and potential policy responses to mitigate adverse consequences. Automation has the potential to disrupt labor markets by displacing certain types of jobs while creating new […]

Technology Is Taking Over The World

Technology Is Taking Over The World

Top highlight Technology Is Taking Over The World Photo by fabio on Unsplash In the 21st century, the pace of technological advancement has accelerated at an unprecedented rate, permeating every aspect of our lives. From the way we communicate and work to how we entertain ourselves and navigate the world, technology has become an omnipresent force shaping the fabric of society. In this comprehensive exploration, we will delve into the multifaceted impact of technology on our world, examining its transformative effects on industries, economies, cultures, and the very nature of human existence.

At the heart of technology’s takeover is the […]

AI in the workplace: What college grads should know

AI in the workplace: What college grads should know

License details | Creator: rawpixels.com Artificial intelligence has become integral to America’s workplaces. With AI algorithms reaching new groups of workers, college-educated and higher-wage jobs now risk the most exposure. The question of how this will impact college graduates looking to enter the workforce arises.

“AI is a transformational technology,” Hilke Schellmann, an Emmy-winning investigative reporter and journalism professor at New York University said. “It can really help us in a lot of ways, but it can also harm people.”

According to a recent report by the Pew Research Center, workers with a bachelor’s degree or higher are more than twice […]

What kind of jobs do we need to create to become ‘developed country’?

What kind of jobs do we need to create to become ‘developed country’?

TCA Ranganathan, the former chairman of the Export Import Bank of India is a banker with a theory of everything. A clarion call has been issued to prepare a roadmap to make India a developed country by 2047. We are currently the fifth-largest economy and will soon be third-largest as we are growing faster than competitors, if evaluated by GDP numbers. This call, however, makes a different demand. It posits a shift in the thought focus of our highest policymakers away from the traditional importance attached to mere GDP numbers to a more qualitative evaluation of societal needs. This […]

Are We Entering the AI “Cognitive Revolution”?

Are We Entering the AI “Cognitive Revolution”?

Wall Street Journal writer Christopher Mims tried using AI to replace himself. He claims we are entering the “Cognitive Revolution” that will displace millions of workers. Christopher Mims says AI will automate tasks done by hundreds of millions of workers. Please consider his article I Tried Using AI to Replace Myself For the past two weeks, I’ve used cutting-edge artificial-intelligence tools in every aspect of my day-to-day existence, from my job to my personal life. Here’s my verdict: The last time I had an experience this eye-opening and transformative was after I bought my first smartphone. In experimenting with […]