Automation could replace 250,000 jobs in government over the next 10 to 15 years — with potentially one million more under threat. The UK’s public sector workforce stood at around 5.3 million in the middle of last year, and has been falling since 2009, when it stood at 6.4 million. But that could be slashed significantly […]
» Currently browsing: Technological Unemployment
When Donald Trump won the election, many in Silicon Valley were flummoxed: “How could a bigoted billionaire with no government experience and a twitchy Twitter trigger finger win the U.S. presidential election?” they asked themselves.
When education fails to keep pace with technology, the result is inequality. Without the skills to stay useful as innovations arrive, workers suffer—and if enough of them fall behind, society starts to fall apart. That fundamental insight seized reformers in the Industrial Revolution, heralding state-funded universal schooling. Later, automation in factories and offices called forth […]
The McDonald’s on the corner of Third Avenue and 58th Street in New York City doesn’t look all that different from any of the fast-food chain’s other locations across the country. Inside, however, hungry patrons are welcomed not by a cashier waiting to take their order, but by a “Create Your Taste” kiosk – an […]
It’s not something most people in my life know about. My friends, acquaintances, the parents of kids on my son’s soccer team that I coach — none of them know.
As the fourth industrial revolution, characterized by smart factories and digital manufacturing, makes its presence felt globally, there is an upsurge in handwringing about the notion that technology will eliminate human jobs. To reskill your career, visit DavinciCoders.com and discover which course is best for you!
What will Iowa’s farms look like when the combines and tractors drive themselves? How will Des Moines’ banking and insurance sectors fare when supercomputers run financial markets? Where will Iowans live when a self-driving car can take them anywhere with the tap of a smartphone? These are the kind of questions Thomas Frey ponders.
Skyscrapers in the City of London could soon be built by robots rather than by people, according to the boss of one of the UK’s biggest construction firms. The result would be huge productivity gains as more work could be done by fewer people – but also mass layoffs as traditionally labour-intensive construction projects hire fewer and fewer […]
Finland was once a renowned technology sector that shed 15,000 jobs with the demise of Nokia’s mobile phone business. It is now struggling to fill thousands of vacancies for software developers, because it lacks people with the right skills. NOTE: For anyone looking to enter the coding field, check out the beginner-based courses offered by […]
They’re creating an average of 760 U.S. jobs each, the study finds. Space X’s Elon Musk, Zenefits’ Laks Srini, Uber’s Garrett Camp, and Palentir’s Peter Thiel are all founders of billion-dollar startups and they’re also all immigrants.