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 job growth


MAGAnomics Isn't Working

The New Yorker

A dismal jobs report affirms earlier warnings about the economic impact of Donald Trump's tariffs, immigration restrictions, and -led firings. At the start of last week, I watched a big cargo ship stacked high with containers enter New York Harbor. As the vessel approached the Verrazzano-Narrows Bridge, it appeared to stop, but that was an illusion created by its size and the slowness of its advance. Fifteen minutes later, it had managed to push its way under the bridge. Throughout the years, I've often compared the U.S. economy to a giant freighter that is tough to deflect from its course, and, since Donald Trump was elected for a second time, this metaphor has become particularly apt.


Will a Robot Take Your Job? Artificial Intelligence's Impact on the Future of Jobs.

#artificialintelligence

Sean Chou thinks robots are stupid. "All you have to do is type in'YouTube robot fail,' says Chou, CEO of Chicago-based AI startup Catalytic. Here, we'll make it easier: click to see robots fail. And even though they're getting smarter all the time and serving industry in novel ways, Chou is firm in his belief that "we're pretty far from'Terminator.'" It's that they're rising much more slowly than some of the more breathless media coverage might have you believe -- which is great news for most of those who think robots and other AI-powered technology will soon steal their jobs. The consensus among many experts is that a number of professions will be totally automated in the next five to 10 years. A group of senior-level tech executives who comprise the Forbes Technology Council named 13, including insurance underwriting, warehouse and manufacturing jobs, customer service, research and data entry, long haul trucking and a somewhat disconcertingly broad category titled "Any Tasks That ...


Does AI Create or Destroy Jobs? What is the Real Threat to Human Society Over the Coming Decades?

#artificialintelligence

Artificial intelligence (AI) will create new job opportunities, not destroy them. AI will displace some jobs but will create new ones. The main aim of this article is intended to focus the minds of our political and business leaders as they consider what strategies to pursue to grow the economy (GDP), business activity and stimulate job creation whilst also taking into account the growing challenges of the environment with climate change mitigation increasingly on the agenda. Let's start by reviewing the types of AI and where we are now. Narrow AI: the field of AI where the machine is designed to perform a single task and the machine gets very good at performing that particular task.


Artificial Intelligence and its Impact on Employment

#artificialintelligence

While artificial intelligence (AI) has a significant positive influence on our society in many ways, there are significant worries about the future impact of A.I. on jobs and the workforce. There are projections that millions of people would be unemployed in the coming decades, owing to the influence of Intelligent Automation and A.I. systems. In any event, the whole socioeconomic system is undergoing a rapid transition, affecting markets, enterprises, education, government, social welfare, and job patterns. Let's dive into more detail to understand how AI can impact the employment sector. Tasks that are repetitive can readily be automated, making some jobs obsolete over time.


10 Global Insights into a Transforming World

#artificialintelligence

Every day, global trends are reshaping society and the business landscape. Today's infographic from McKinsey Global Institute (MGI) presents a snapshot of 10 insights into how the world is changing, based on its research work from 2019. How did we get here, and where are we going? Globalization is making the world "shrink" every day, as humans and trade become increasingly connected. However, there are signs that point to a new phase of globalization that is leading to different outcomes than prior years.


Ivanka Trump delivers CES keynote, touts innovation, job growth

FOX News

LAS VEGAS - Ivanka Trump delivered a keynote address amid controversy at the Consumer Electronics Show Tuesday, touting innovation as an engine for U.S. job growth. The White House senior adviser, whose appearance at CES had sparked a backlash in parts of the tech community, came on stage to applause and cheers. Speaking to Gary Shapiro, president of the Consumer Technology Association, which organizes CES, Trump discussed advances in technology, artificial intelligence and promoted the reskilling older workers, training them in new skills or careers to get better jobs. "Innovation cannot be bridled," she said. "I also believe that innovation is a net job producer."


The future of work in black America

#artificialintelligence

Economic intersectionality can refer to the compounded effects of any combination of characteristics associated with economic disadvantage. In this article, we focus on differing levels of automation-based challenges for African American men and women of various ages and education levels in rural and urban America. We project that African Americans in the 13 community archetypes we analyzed may have a higher rate of job displacement than workers in other segments of the US population due to rising automation and gaining a smaller share of the net projected job growth between 2017 and 2030. By 2030, the employment outlook for African Americans--particularly men, younger workers (ages 18–35), and those without a college degree--may worsen dramatically. Additionally, we find that African Americans are geographically removed from future job growth centers and more likely to be concentrated in areas of job decline.


Why artificial intelligence leads to job growth

#artificialintelligence

Job obsolescence is always a concern for workers, especially in technology fields where automation and artificial intelligence (AI) might endanger human-based positions. Human technical know-how is too valuable an asset to dismiss; at the very least, if one technological role evaporates it will lead to the creation of a new role. I discussed where AI is heading and how the IT workforces can prepare with Terri Schlosser, head of product, technical, and solutions marketing at SUSE, the open source Linux provider. Scott Matteson: What is the current status of AI? Terri Schlosser: While AI has been talked about for many years, it is a market that is just now starting to take off -- doubling every year, with analysts projecting growth from $9.5 billion in 2018 to $118.6 billion in 2025. In fact, AI is helping companies do things like sharpen customer service, organize calendars, verbally respond to questions, automate recruitment processes, and sense when machines need to be repaired. However, there are many areas where the full advantages of AI have not been leveraged, such as in the workplace.


The future of work in America: People and places, today and tomorrow

#artificialintelligence

The US labor market looks markedly different today than it did two decades ago. It has been reshaped by dramatic events like the Great Recession but also by a quieter ongoing evolution in the mix and location of jobs. In the decade ahead, the next wave of automation technologies may accelerate the pace of change. Millions of jobs could be phased out even as new ones are created. More broadly, the day-to-day nature of work could change for nearly everyone as intelligent machines become fixtures in the American workplace. Until recently, most research on the potential effects of automation, including our own, has focused on the national-level effects. Our previous work ran multiple scenarios regarding the pace and extent of adoption. In the midpoint case, our modeling shows some jobs being phased out but sufficient numbers being added at the same time to produce net positive job growth for the United States as a whole through 2030.


Thinking about a career in artificial intelligence? Here's what you need to know Roevin

#artificialintelligence

Artificial intelligence is always a hot topic in the world of work. Looking at the latest news about AI, it's clear that even though there may be some growing pains when it comes to employment in the sector, it's the way of the future. Check out our tips for setting yourself on a successful career path in AI. AI and the future of work is a hot topic of conversation. Whether it's Elon Musk's alarmist predictions of the end of jobs for humans or the headline-making introduction of HSBC's Pepper the Robot as a customer service tool to free up employees for more productive work, artificial intelligence in the workplace generates strong opinions. And Canada is right in the middle of it.