Lifeboat Foundation: Safeguarding Humanity
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Category: employment – Page 71

AI and the HR Professional

The World Economic Forum suggests we are on the cusp of a Fourth Industrial Revolution driven by ‘ubiquitous automation, big data and artificial intelligence’. The Institute for Public Policy Research, however, says that “despite the growing capability of robots and artificial intelligence (AI), we are not on the cusp of a ‘post-human’ economy.”

IPPR suggests that an estimated 60 percent of occupations have at least 30 percent of activities which could be automated with already-proven technologies. As tasks are automated, work is likely to be redefined, focusing on areas of human comparative advantage over machines.

The CIPD point out that “new technology has changed many more jobs than it has destroyed, and it does not destroy work. Overall, the biggest advanced industrialized economies have between them created over 50 million jobs, a rise of nearly 20 percent, over the past 20 years despite huge economic and technological disruptions.”

This New Tech Documentary Says We’re Totally Unprepared For The Upcoming Robot Apocalypse

An early moment in the new documentary Do You Trust This Computer? is actually a shot from the Terminator franchise. Human skulls and bones rest among dust and ashes as the robotic soldiers of Skynet march through the remains of an apocalyptic war. What happens between humans and robots in the Terminator films, or other sci-fi movies like The Matrix, War Games, and Ex Machina, might feel like the far away future, but Do You Trust This Computer? suggests that that’s not the case. In fact, the doc implies that we’re much closer to sentient robots walking the Earth than we think – only they may not look exactly like we’ve always imagined, and we are woefully unprepared for the consequences of their consciousness.

Directed by Chris Paine, Do You Trust This Computer? (now playing in New York and available on VOD) explores the role of artificial intelligence in our everyday lives. The film features interviews with some of today’s top AI experts, theorists, professors, and scientists, such as Elon Musk, Westworld creator Jonathan Nolan, and futurist Ray Kurtzwiel. While some people — predominantly those on the side of tech and invention companies — think that AI can help better humanity, most of the others interviewed suggest that we’re on the cusp of something potentially world-ending. As such, the doc offers up a vision of the real near-future that is as fascinating as it is terrifying.

So, what exactly do we have to be so afraid of? After all, there’s plenty of potential good that can come from advancements in AI. Self-driving cars could potentially prevent crashes and save millions of lives around the world; robotics in the medical field can find ailments faster; surgical machines can go where human hands cannot. But automation can also lead to major job loss, the film suggests. Much like the industrial revolution put many humans out of work, so too will robotics. Just take Baxter, an industrial robot, who costs the same amount as one minimum wage worker would in a year, but lasts much longer and can do the work of three people, since he doesn’t need to eat, sleep, or take breaks. Everyone from long-haul drivers and taxi drivers to data entry workers to those in white-collar industries like business, journalism, and medicine will be affected.

Bank of England’s chief economist warns A.I. could threaten ‘large’ amount of jobs

“This is the dark side of technological revolutions and that dark side has always been there,” Haldane added. “That hollowing out is going to be potentially on a much greater scale in the future, when we have machines both thinking and doing — replacing both the cognitive and the technical skills of humans.”

Haldane said that the so-called Fourth Industrial Revolution — a digitally-driven paradigm shift similar to previous industrial revolutions in the West — had the potential to displace numerous jobs and leave people “technologically unemployed.”

“Each of those [industrial revolutions] had a wrenching and lengthy impact on the jobs market, on the lives and livelihoods of large swathes of society,” Haldane told the BBC.

The BOE economist cautioned that previous industrial revolutions resulted in “heightened social tensions,” “financial tensions” and “inequality.” The First Industrial Revolution, which took place during the Victorian era, transformed Britain’s economy, leading to the creation of ground-breaking industrial innovations including the steam train and advanced machine tools, all the while resulting in layoffs especially in industries like textiles.

It’s Not Technology That’s Disrupting Our Jobs

We can’t turn back the clock, but neither is job insecurity inevitable. Just as the postwar period managed to make industrialization benefit industrial workers, we need to create new norms, institutions and policies that make digitization benefit today’s workers. Pundits have offered many paths forward — “portable” benefits, universal basic income, worker reclassification — but regardless of the option, the important thing to remember is that we do have a choice.

When we learn about the Industrial Revolution in school, we hear a lot about factories, steam engines, maybe the power loom. We are taught that technological innovation drove social change and radically reshaped the world of work.

Likewise, when we talk about today’s economy, we focus on smartphones, artificial intelligence, apps. Here, too, the inexorable march of technology is thought to be responsible for disrupting traditional work, phasing out the employee with a regular wage or salary and phasing in independent contractors, consultants, temps and freelancers — the so-called gig economy.

But this narrative is wrong. The history of labor shows that technology does not usually drive social change. On the contrary, social change is typically driven by decisions we make about how to organize our world. Only later does technology swoop in, accelerating and consolidating those changes.

European aquaculture to benefit from a better quality of live feed

The aquaculture sector is growing, with fish farming being a key way to ensure Europe gets the quality food it needs without exploiting marine resources further. One key problem the industry faces is how to get the immature fish though their first few months – one EU project may be about to smooth the way.

Aquaculture is a growing market within the EU, bringing employment and providing a sustainable source of fish at a time when our marine life is under pressure. The main bottle-neck for the production of marine fish is the juvenile phase, especially during the time in which live diets are used. Even the established species, sea bream and sea bass, have a very low survival rate with an average of 25 percent. For new species in aquaculture, such as amberjack and tuna, the mortality is even higher.

The natural first feed for most is crustacean nauplii, the offspring of many types of crustacean zooplankton. Fish larvae is evolutionary adapted to such a diet, and it is believed that this type of prey fulfils the fish larva’s nutritional requirements.

Why the world should adopt a basic income

A BASIC income (BI) is defined as a modest, regular payment to every legal resident in the community, paid unconditionally as a right, regardless of income, employment or relationship status.

Contrary to conventional wisdom, the case for BI does not rest on the assumption that robots and artificial intelligence will cause mass unemployment or that it would be a more efficient way of relieving poverty than present welfare systems (although it would). The main arguments are ethical and relate to social justice, individual freedom and the need for basic security.

An Investor Perspective: How To Prepare Society For An Automated Future

“I think we are on the verge of a massive disruption,” Ford told me recently. “We see stagnant wages, and we see an erosion in the quality of the jobs. A lot of solid middle-class jobs are disappearing, and that alone has been remarkably disruptive… This is a big deal and I think it’s going to get get vastly bigger, and I do think that this is a subject everyone should be a bit concerned about.”

To put it bluntly: Once cars and trucks become automated, what will taxi and truck drivers do for work? Same with factory workers, fast food employees, retail clerks, and millions of other low-skill jobs that could theoretically be phased out entirely with robotics. This isn’t some sci-fi future; one report compiled recently by the McKinsey Global Institute says that advances in AI, automation and robotics will displace between 39 and 73 million jobs by 2030.