Lifeboat Foundation

Very interesting; the article highlights that there was no mention of job losses in 2020 within the IT field instead the writer highlights a shortage of IT resources to fill the jobs. And, thoroughly appreciate that the writer highlighted that Quantum, Nanobots, etc. are making the 4th Industrial Revolution happen; I couldn’t agree more.

To be sure, the Fourth Industrial Revolution is still in its nascent state. But with the pace of change and disruption to business and society so swift these days, the time to join in is now.

Author: Gary Coleman is the Global Industry and Senior Client Advisor for Deloitte Consulting and lead partner in Deloitte’s strategic relationship with the World Economic Forum. Follow him on Twitter@gcoleman_gary. He is participating in the World Economic Forum’s Annual Meeting in Davos.

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In less than 4 yrs. 5 million jobs will be lost is the prediction.

A new report predicts a loss of 5 million jobs in the next five years because of technological advances, but don’t blame it all on the robots.

The other culprits: artificial intelligence, 3-D printers and advances in genetics, biotech and more.

Continue reading “Report from Davos: 5 million jobs to be lost by 2020 because of tech advances” »

AI can easily replace much of the back office operations and some front office over time. As a result, there will be a need to have a massive social system and displacement program in place as a joint effort with governments and companies to re-school and re-tool workers and financially support the workers and their families until they can be retooled/ retrained to get one of the existing jobs or one of the new careers resulting from AI. There will be a need and social obligation placed back on companies at a scale like we have never seen before. With power and wealth; there truly comes a level of moral responsibility imposed by society.

Tradeshift CloudScan uses machine learning to create automatic mappings from image files and PDFs into a structured format such as UBL.

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Seeing this video; I already identified quickly where the US Government could truly cut it’s budget.

I legitimately have fun watching these robot arms sort out batteries because they are just so damn good at their jobs. A conveyor belt pushes out an endless stream of batteries that desperately need sorting and the robot arms somehow never fall behind. One robot arm grabs the batteries that are scattered all over the place and creates a set of 4 while the other robotic arm snatches those sets of batteries and puts them aside. It’s great because the whole sorting system isn’t totally uniform, the robot arms look like they’re frantically fighting against the clock.

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What will really happen if artificial intelligence takes the jobs we have today? How would society change if we got a basic income?

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Basic Income (10 Reasons)
https://goo.gl/PJ7bbh

Lies You’ve Been Told about Work.
https://goo.gl/3u7Vld

Continue reading “Why Basic Income?” »

Robot doctors, virtual reality vacations and smart toothbrushes. These are just a few of the things the world can expect to see in the not-so-distant future, says Stanford and Duke researcher and lecturer Vivek Wadhwa.

Speaking to a crowd of more than 300 people in Palm Beach in December at billionaire Jeff Greene’s “Closing the Gap” conference, which addressed the growing divide between the wealthy and poor and how the rise of machines might kill white-collar jobs, Wadhwa sketched a sci-fi vision for the future that he says will soon be a reality thanks to rapid technological innovation.

“The future is going to be happening much, much faster than anyone ever imagined,” said Wadhwa, explaining that tech growth has been exponential — meaning as technology advances it does so with increasing speed.

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Rodney Brooks and his company are building robots to work alongside humans in factories. But should workers be concerned for their jobs? :|]

http://www.bbc.co.uk/news/business-34810552

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It’s being reported that a Bank of England official forecasts that in the next 10 to 20 years, smart robots will steal 80 million jobs from Americans and 15 million jobs from Britons—over half the workforce of each nation. I smell BS.

In a speech delivered yesterday by Bank economist Andy Haldane at the Trades Union Congress in London, he predicted that robots could quickly “hollow out” the middle class, shrinking the need for human-only skills, especially in clerical, production, and administrative jobs.

It’s true—I think robots will appear more in those sectors. But for every “robot overload” doom-and-gloom claim, there is a calming rebuttal of reason.

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