Companies are already testing driverless trucks on America’s roads. The technology will bring untold profits, but it may cost thousands of truckers their livelihoods.
Ogba Educational Clinic
Theoretically, workers have been on the fast track to obsolescence since the Luddites took sledgehammers to industrial looms in the early 1800s.
In 1790, 90 percent of all Americans made their living as farmers; today it’s less than 2 percent. Did those jobs disappear? Not exactly. The agrarian economy morphed, first into the industrial economy, next into the service economy, now into the information economy.
Continue reading “For a Bright Future of Work, We Must Get Better at Collaborating With Machines” »
While robotics and automation create a plethora of opportunities for skilled labor, they substitute many jobs of unskilled labor. Philips’ automated shaver factory in the Netherlands employs one-tenth of the workforce of its factory in China that makes the same shavers. Such developments accentuate inequality and pose severe social pressure in developed countries, which would need to be addressed by government in the years to come.
Technology can complement humans but it can also eliminate their jobs.
Lilac Nachum
Continue reading “Asia’s economies must learn to accommodate rise of robots” »
This chapter appears concurrently in Age of Robots and includes content and quotes garnered from interviews with James J. Hughes, Jerome Glenn, Ian Pearson, Richard Yonck, John C. Havens and Alexandra Whittington on the Seeking Delphi™ podcast between April of 2017 and November of 2018. **.
#Israeli-made transportation app Moovit is continuing its global expansion and now provides its #urban mobility service in a total of 100 countries.
Moovit uses up to six billion anonymous data points daily, the company says, “to add to the world’s largest repository of transit and urban mobility data.” In addition to its popular app, the Ness Ziona-headquartered company also provides analytics platforms to cities, transit authorities and businesses, enabling optimized planning and operations for residents and employees.
“Urban mobility is the lifeline to jobs, healthcare, and education, so we are so proud that in just a few years Moovit is now providing service to millions of users in 100 countries, helping them get from A to B with confidence and convenience,” said Moovit co-founder and CEO Nir Erez.
Continue reading “Israeli mobility app Moovit expands to 100 countries worldwide” »
Robots are replacing human manufacturing workers in France, and making companies more productive in the process.
Daron Acemoglu at the Massachusetts Institute of Technology and his colleagues analysed more than 55,000 French manufacturing firms, noting which ones bought robots between 2010 and 2015 and what impacts the purchases had.
Never in history have we seen wealth concentrated (Apple is worth over a trillion dollars). Money and congressional power answers why legislators: let drug companies squeeze dollars from sick people, refuse to stop a president who winks and nods at Putin, at right-wing agitators, who stoke bigotry, or singles out Black, Hispanics, Jews, Muslims, immigrants, asylum seekers and refugees (let’s just lump them together). Fear of others comes from seeds planted early in life. Fear is personal — you don’t feel mine, I don’t feel yours.
But, alas, the future will be like nothing we have experienced. It’s a HUUUGE planet, with decades to come, which, if we lived long enough would from today’s vantage be unrecognizable. What we do know from our lives is that we are but a small part, not only small in terms of our kind or beliefs (political, religious, cultural), but small in influence over the planet’s trajectory (war, maybe atomic, population growth, immigration, climate, economy, racial, ethnic composition, e.g., in the U.S.).
They beat us at chess and trivia, supplant jobs by the thousands, and are about to be let loose on highways and roads as chauffeurs and couriers.
Now, fresh signs of robot supremacy are emerging on Wall Street in the form of machine stock analysts that make more profitable investment choices than humans. At least, that’s the upshot of one of the first studies of the subject, whose preliminary results were released in January.
Buy recommendations peddled by robo-analysts, which supposedly mimic what traditional equity research departments do but faster and at lower costs, outperform those of their flesh-and-blood counterparts over the long run, according to Indiana University professors.
Continue reading “Robot analysts outwit humans on investment picks, study shows” »
AI starts playing an important role in design. So should designers be worried about it? Will AI-enabled systems take over jobs that require creativity?
