background preloader

Technological Unemployment

Facebook Twitter

TedxVienna - Federico Pistono - Robots Will Steal Your Job, but That's OK. Federico Pistono Interview on Russia Today by Abby Martin. Federico Pistono Debates World Socialist Movement - Robots Will Steal Your Jobs - Is that OK? Peter Diamandis talks about "Robots Will Steal Your Job, But That's OK" Transcendent Man: Communism (Deleted Scene) Better Than Human. Imagine that 7 out of 10 working Americans got fired tomorrow.

Better Than Human

What would they all do? It’s hard to believe you’d have an economy at all if you gave pink slips to more than half the labor force. But that—in slow motion—is what the industrial revolution did to the workforce of the early 19th century. Two hundred years ago, 70 percent of American workers lived on the farm. Are robots hurting job growth? America Has Hit “Peak Jobs” “The middle class is being hollowed out,” says James Altucher.

America Has Hit “Peak Jobs”

“Economists are shifting their attention toward a [...] crisis in the United States: the significant increase in income inequality,” reports the New York Times. Think all those job losses over the last five years were just caused by the recession? No: “Most of the jobs will never return, and millions more are likely to vanish as well, say experts who study the labor market,” according to an AP report on how technology is killing middle-class jobs. When I was growing up in Canada, I was taught that income distribution should and did look like a bell curve, with the middle class being the bulge in the middle.

Robot Economy Could Cause Up To 75 Percent Unemployment. Andrew McAfee: The Machines are Coming. Rise of the robots: what will the future of work look like? What impact will automation – the so-called "rise of the robots" – have on wages and employment over the coming decades?

Rise of the robots: what will the future of work look like?

Nowadays, this question crops up whenever unemployment rises. In the early nineteenth century, David Ricardo considered the possibility that machines would replace labour; Karl Marx followed him. Around the same time, the Luddites smashed the textile machinery that they saw as taking their jobs. Then the fear of machines died away.

Our Coming Robotic Society - Paul Saffo. Andrew McAfee: Are droids taking our jobs? Andrew McAfee: Race Against the Machine. Andrew McAfee: What will future jobs look like? Machines Will Outsmart Humans. We Better Be Ready. Martin Ford: Technology Is Turning College Into a Dead End for Many People. In my 2009 book, The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future, I argued that advancing technology -- and especially software automation -- would increasingly threaten the jobs taken by college graduates, and might eventually undermine the incentive to attend college: The unfortunate reality, however, is that the college dream is likely at some point to collide with the trends toward offshoring and automation.

Martin Ford: Technology Is Turning College Into a Dead End for Many People

The fact is that college graduates very often become knowledge workers. These jobs -- and in particular more routine or entry level jobs -- are at very high risk from automation. Speed of Innovation and Automation Threatens Global Labor Market. The Massachusetts Institute of Technology (MIT), in Cambridge, ranks among the most prestigious universities in the United States and has a reputation for extolling the virtues of technological progress.

Speed of Innovation and Automation Threatens Global Labor Market

Here, along the banks of the Charles River, researchers helped lay the foundations for modern computer technology and played a key role in paving the way to the digital age. Andrew McAfee and Erik Brynjolfsson, two respected economists and directors at the MIT Center for Digital Business, are deeply committed to this tradition. This prompted them to set out to research the flood of IT innovations in recent years and write a book about how wonderful the digital revolution is for the entire economy. But something didn't add up here.

The theory didn't match reality. Canon ditching humans, cameras hand-made by robots by 2015. Google's self-guided car could drive the next wave of unemployment. Almost without noticing it, our world crossed a significant threshold last week.

Google's self-guided car could drive the next wave of unemployment

Jerry Brown, the governor of California, signed into law a bill that will allow driverless cars on to his state's roads from 2015. Insofar as most people noticed this event at all, they probably sniffed derisively. For some, it'll be seen as an example of techno-hubris – "flags on the moon stuff" – as one of my acquaintances put it.

For others, it will be seen as yet another confirmation of the proposition that the continental United States slopes gently from east to west, with the result that everything with a screw loose rolls into California. Motoman SDA10 robot assembly. Ford Display, NAIAS 2010 (Detroit Auto Show) Audi Factory Video. Kiva Warehouse Robotics (History Channel) Amazon Adds That Robotic Touch. Industrial Robotics. Retail warehouse logistics picking system for supermarket delivery. Service robots in nursing homes: Care-O-bot 3 and CASERO. Adept Quattro Reaches 300 Cycles Per Minut. The Shopping Cart of the Future. Tiger-stone. Flying robots, the builders of tomorrow. Brick-road-laying machine. Robot Burger Flippers and the Falling Rate of Profit.

Robots will steal your job, but that's OK: how to survive the economic collapse and be happy. You are about to become obsolete.

Robots will steal your job, but that's OK: how to survive the economic collapse and be happy

You think you are special, unique, and that whatever it is that you are doing is impossible to replace. You are wrong. As we speak, millions of algorithms created by computer scientists are frantically running on servers all over the world, with one sole purpose: do whatever you used to do, but better. Robot Serves Up 360 Hamburgers Per Hour. UPDATE: To read more about how workers will be affected by automation technology, check out Hub's follow up post Burger Robot Poised to Disrupt Fast Food Industry No longer will they say, “He’s going to end up flipping burgers.”

Robot Serves Up 360 Hamburgers Per Hour

Because now, robots are taking even these ignobly esteemed jobs. Alpha machine from Momentum Machines cooks up a tasty burger with all the fixins. And it does it with such quality and efficiency it’ll produce “gourmet quality burgers at fast food prices.” Technological Unemployment: Losing Jobs To Machines. Technological unemployment results from technological change.

Technological Unemployment: Losing Jobs To Machines

This is a real concern for some who see a future where repetitive jobs will be performed primarily by robots. For those who have lost a factory job from being replaced by a machine, the future is already here. The replacement of workers by machines calls into question will people be replaced by robots. To a significant extent people have already been replaced by robots, or some form of technology in many areas of the market. How Technology Is Destroying Jobs. Given his calm and reasoned academic demeanor, it is easy to miss just how provocative Erik Brynjolfsson’s contention really is. ­

How Technology Is Destroying Jobs

Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine. That robots, automation, and software can replace people might seem obvious to anyone who’s worked in automotive manufacturing or as a travel agent. Technology will replace 80% of what doctors do.

By Vinod Khosla FORTUNE -- Healthcare today is often really the "practice of medicine" rather than the "science of medicine. " Take fever as an example. For 150 years, doctors have routinely prescribed antipyretics like ibuprofen to help reduce fever. IBM's Watson is better at diagnosing cancer than human doctors. IBM's Watson -- the language-fluent computer that beat the best human champions at a game of the US TV show Jeopardy!

-- is being turned into a tool for medical diagnosis. Its ability to absorb and analyse vast quantities of data is, IBM claims, better than that of human doctors, and its deployment through the cloud could also reduce healthcare costs. The first stages of a planned wider deployment, IBM's business agreement with the Memorial Sloan-Kettering Cancer Center in New York and American private healthcare company Wellpoint will see Watson available for rent to any hospital or clinic that wants to get its opinion on matters relating to oncology. Advances in artificial intelligence could lead to mass unemployment, warn experts - Gadgets & Tech - Life & Style. Speaking on Radio 4’s Today programme, Dr Stuart Armstrong from the Future of Humanity Institute at the University of Oxford said that there was a risk that computers could take over human jobs “at a faster rate than new jobs could be generated.” “We have some studies looking at to which jobs are the most vulnerable and there are quite a lot of them in logistics, administration, insurance underwriting,” said Dr Armstrong.

“Ultimately, huge swathe of jobs are potentially vulnerable to improved artificial intelligence.” Driverless cars, pilotless planes … will there be jobs left for a human being? Suddenly a robotised, automated economic reality is moving off the science fiction pages and into daily life. The growing use of unmanned battlefield drones is encouraging the growth of pilotless commercial aircraft – the first ever flew in British airspace last month. What Is Technological Unemployment? Two charts on technological unemployment. Source: Washington's Blog I find this chart very interesting, because it shows how low unemployment was in the early 1900s. Automation is making unions irrelevant. The future of technology, science, art, business, politics and society. Economists See More Jobs for Machines, Not People. Job Losses: Companies Blame Digital Age. Two major employers have cited the changing digital age as reasons for announcing more than 1,000 job losses.

The Age of Creation. Pizza Vending Machines Coming to the U.S. Modern science has figured out a way to cram nearly every other food item into a vending machine, so folks in the U.S. can finally rest knowing that soon their piping hot pizza will come from there too. A European device soon hitting U.S. shores is capable of spitting out fresh, made-from-scratch pie in under three minutes. Korea shows off salad-tossing robot at Robot World 2012. ABC News, robotic restaurant, Nuremberg Germany.

E-Menu: The Future of Restaurant Technology. Will Work For Free. I LOST MY JOB. Technological Unemployment - Job Loss & Society Collapse Inevitable - Jacque Fresco. War of the Worlds - Terminator Effect - Machine Take Over - Jacque Fresco - The Venus Project. Our Technical Reality Full. Floating homes of the future. China is building a 100-petaflop supercomputer.

Startup Aims to Build's World's First Big Open Data Platform for the Oceans. © MarinexploreOne company's goal of building a "one-stop" data platform for satellite and in-situ ocean measurements just came a step closer, thanks to their newly designed web interface, enhanced dataset collection and filtering, and easy sharing options. The sheer amount of ocean data collected every year is staggering, but without a central location for sharing it all, it can be hard for scientists to easily get their hands on the data that they may need to further their studies. ZDAY 2012 Vancouver - Federico Pistono - Robots Will Steal Your Job. Techno-Optimism. Technology is a Tool, Not a Solution. Return to capitalism 'red in tooth and claw' spells economic madness.

As people in the developed world wonder how their countries will return to full employment after the global recession, it might benefit us to take a look at a visionary essay that John Maynard Keynes wrote in 1930, called Economic Possibilities for our Grandchildren (pdf). 3D printing may put global supply chains out of business. Andrew McAfee interviewed at Strata 2012. Martin Ford: Will Robots and Automation Make Human Workers Obsolete? World Wide Unemployment Under 10 Minutes. Man vs. Machine: Will Human Workers Become Obsolete? 1 Million Robots To Replace 1 Million Human Jobs At Foxconn? First Robots Have Arrived. 10 Jobs That Won’t Be Taken By Robots…Yet. Jobs are Obsolete Jason silva. Moving forward: technological unemployment.

Peter Joseph on Technological Unemployment [ LA TownHall 6/21/11] The Zeitgeist Movement. There Is No Irreplaceable Job. Unemployment is Irreversible. Are jobs obsolete?