AI News, The future of work (The future of work) artificial intelligence

Policy Options

The head of the federal government’s foresight agency says identifying the skills that workers will need in the future, as jobs rapidly change or disappear completely, is one of the toughest challenges policy-makers have in front of them.

“A lot of organizations are struggling with that big question and a lot of innovation is needed there…It is the nut that needs to be cracked in the coming years to efficiently be able to bring people from the old economy into the new economy.” In its recent report The Future of Work: Five Game Changers, Policy Horizons identifies these five “game changers, “which could transform work, the very character of the economy and social programs underpinning the economy.

Van der Elst said these bundles of tasks could be bought and sold on digital labour platforms, where workers are paid piecemeal for the tasks rather than through salaries or hourly rates for actual time spent doing the work.

Lower labour costs could drive down prices, which would leave those with jobs feeling they have more buying power – even if wages don’t increase – than those who lose employment.

Where people work and earn may not be where they live and spend Van der Elst said the game-changer that’s getting the least attention is the ripple-effect of people working and earning in places other than where they live and spend.

In the resource and agricultural industries, advances in robotics, virtual reality, and in mixed reality (where virtual objects are combined with the real world) could reduce the need for people to be physically at the job site.

If people aren’t working in remote or small towns near mines or other projects, there will no longer be a need for grocery stores, hairdressers and all the other secondary businesses that created a local economy around an industry.

As well, governments will need to consider how they will collect income taxes from citizens who are working online for companies in other countries, and how to apply consumption taxes to digital goods and services.

Automation could erode employment before it replaces entire jobs Van der Elst said AI and automation could put people out of work long before technology replaces entire types of jobs.

AI decreases the scarcity of knowledge workers AI could spell an end to the shortage of knowledge workers, those in the “thinking professions.” Firms using AI for accounting or managing data, for example, could expand their capacity at little or no cost without hiring and training new staff.

The operator who is using virtual reality technology to remotely drill a mine thousands of miles away could require cognitive skills and aptitudes that are different from those needed by someone who is physically working at the site.

The Prime Minister’s mandate letter for Labour Minister Filomena Tassi included the directive to “Develop greater labour protections for people who work through digital platforms, whose status is not clearly covered by provincial or federal laws.” Photo: Shutterstock, by Rawpixel.com.

The future of work

Paolo Tomassetti, University of Modena The goal of this online, free course is to explore and develop plans of action for improving the job and career opportunities for today and tomorrow’s workforce.

The Future Of Work

Workers and companies are facing another tumultuous decade.

Are we entering a period of polarization that rewards highly educated workers, and leaves others struggling to make it?

AI & The Future of Work | Volker Hirsch | TEDxManchester

The robots are coming. We (as in the people who attend TED talks and things) tend to think we will probably be fine. You know, knowledge folks and all.

The big debate about the future of work, explained

Why economists and futurists disagree about the future of the labor market. Subscribe to our channel! Sources: ..

"Artificial Intelligence and the Future of Work" | Andy Chan | TEDxStLawrenceU

Andy Chan is a Product Manager at Infinia ML, an artificial intelligence company that builds custom algorithms and software for Fortune 500 companies.

Will robots steal our jobs? - The future of work (1/2) | DW Documentary

Robots and machines could soon replace humans in the workplace as artificial intelligence improves. Imagine having colleagues controlled by computers.

The future of work: is your job safe? | The Economist

The world of work will be radically different in the future. From hyper-surveillance of staff to digital nomadism to robots taking jobs—how, where and why we work ...

Darrell M. West – The Future of Work: Robots, AI, and Automation

Robots, artificial intelligence, and driverless cars no longer represent things of the future. They are with us and will become common in coming years, along with ...

Robotics, AI, & The Future of Work - MIT Prof. Daron Acemoglu

Daron Acemoglu is an economist who has taught at the Massachusetts Institute of Technology (MIT) since 1993. He is currently Elizabeth and James Killian ...

The Future of Your Job in the Age of AI | Robots & Us | WIRED

Robot co-workers and artificial intelligence assistants are becoming more common in the workplace. Could they edge human employees out? What then?

The Future of Work: A VICE News Special Report

The next Industrial Revolution is upon us, and scientists, entrepreneurs, and policymakers are warning of an imminent paradigm shift in the future of work.

VICE Special Report | The Future of Work - Jobs and Automation in Estonia Clip | HBO

"In the rest of the developed world, people rely on digitized services in the private sector. In Estonia, this is also true for the government." A new VICE Special ...