Midnight In The Desert — jobs

Some workers see automation as a serious threat — and with good reason

Posted by K R on

Some workers see automation as a serious threat — and with good reason

Nearly one-quarter of American workers are worried they will lose their jobs to robots, according to a new survey. Almost three out of four of the more than 3,000 people surveyed said they think artificial intelligence will probably eliminate more jobs than it creates, in general. But 23 percent said they are “very” or “somewhat” worried they will lose their own job to automation. Manufacturing and construction sectors are seen as the most vulnerable, according to Gallup, and those without a college degree seem to be the most concerned. Employed Americans who don’t hold at least a bachelor’s degree are...

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Why Robots Won't Be Coming For All Our Jobs

Posted by K R on

Why Robots Won't Be Coming For All Our Jobs

I’ve had robots on my mind recently, and not in a “Wow, robots will make my life so much easier!” kind of way. More like, “Aaagh! Robots are coming to take the jobs of people in their 50s and 60s!” The alarm bells rang furiously at a Milken Institute Global Conference panel I recently saw in Los Angeles (“I, Worker: Employment in the Age of Robots). And I just received a new book with the foreboding title, The Robots Are Coming, by John Pugliano, founder and money manager of Investable Wealth. You may have heard some of the dire forecasts...

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Industrial robots will replace manufacturing jobs — and that’s a good thing

Posted by K R on

Industrial robots will replace manufacturing jobs — and that’s a good thing

If you listen to the wrong people, the North American manufacturing industry is doomed. There is no denying that the U.S. and Canada have been losing jobs to offshore competition for almost half a century. From 2000 to 2010 alone, 5.6 million jobs disappeared. Interestingly, though, only 13 percent of those jobs were lost due to international trade. The vast remainder, 85 percent of job losses, stemmed from “productivity growth” — another way of saying machines replacing human workers. For many, this scenario is even worse. China and Mexico may be “taking our jobs,” but at least they’re going to...

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Robots Poised to Take Half the World’s Jobs in 30 Years

Posted by K R on

Robots Poised to Take Half the World’s Jobs in 30 Years

On Saturday, computer scientist Moshe Vardi told a conference of scientists that robots could leave half the world’s population unemployed in 30 years. Vardi, a computer science professor at Rice University in Houston, told the American Association for the Advancement of Science (AAAS) that, "We are approaching a time when machines will be able to outperform humans at almost any task." He added, "I believe that society needs to confront this question before it is upon us: if machines are capable of doing almost any work humans can do, what will humans do?" Vardi told Sputnik his remarks to the...

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Robots won’t just take jobs, they’ll create them

Posted by K R on

Robots won’t just take jobs, they’ll create them

Robots and artificial intelligence have come a long way since a Roomba entered your home to vacuum your floor and Siri gave you advice on the best Italian restaurants in your parents’ neighborhood. Cars drive themselves. Robots deliver pizza. A revolution is underway. According to a 2013 University of Oxford study, half of American jobs could be automated within the next two decades. The study identified transportation, logistics and administrative jobs as the most vulnerable to automation. Others assert it is only a matter of time before robots replace teachers, travel agents, interpreters and a host of other professions. With...

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