pgmrdlm writes: American workers are more productive than ever, but their paychecks haven’t kept pace. Researchers with the Federal Reserve Bank of San Francisco have identified a culprit: robots. Economists Sylvain Leduc and Zheng Liu theorize that automation is sapping employees’ bargaining power, making it harder for them to demand higher wages. Companies across a range of industries increasingly have the…
Tag: automation
Wells Fargo Prediction: American Banks Will Automate Away 200,000 Jobs By 2030
An anonymous reader quotes Gizmodo: Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s history. The call is coming from inside the house this time, too — both the projection and the quote come from a recent…
Coursera for Campus: A New Way to Help Universities Everywhere Deliver Job-Relevant Learning
By Jeff Maggioncalda, CEO of Coursera Higher education worldwide is at a historic crossroads. With more than 300 million people entering the workforce in the next 10 years, universities urgently need to augment their capacity to meet the aspirations of a young and growing demographic. Employers rely on universities to provide them with graduates armed […]
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Plane Tests Must Use Average Pilots, NTSB Says After 737 MAX Crashes
Federal accident investigators called for broad changes in decades-old engineering principles and design assumptions related to pilot emergency responses, the first formal U.S. safety recommendations stemming from two fatal Boeing 737 MAX crashes. From a report: As part of lessons learned from the crashes that took 346 lives and grounded the global MAX fleet, the National Transportation Safety Board suggested that…
Apple Will Manufacture Its New Mac Pro In Texas
Apple has confirmed Monday that it will manufacture the redesigned Mac Pro in Texas. The company said it will assemble the workstation at the same Austin, Texas plant that has produced the cylindrical Mac Pro since 2013. The reason for the move: exemptions from Trump’s China tariffs for “certain necessary components” in the system. Engadget reports: Apple had received 10 out…
Coursera for Business Expands to Latin America, Announces Government and Enterprise Partnerships in Mexico and Colombia
By Leah Belsky, SVP of Enterprise, Coursera The unprecedented rate of technology advancement is disrupting companies and jobs everywhere. It is also disrupting skills. 42 percent of core job skills are predicted to shift by 2022, pressuring companies and governments worldwide to prioritize the upskilling of talent to secure the competitiveness of their industry or […]
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McDonald’s Is To Replace Human Workers With Voice-Based Tech In US Drive-Throughs
An anonymous reader quotes a report from the BBC: McDonald’s is to replace human servers with voice-based technology in its U.S. drive-throughs. The fast-food chain hopes the AI technology will make the ordering process more efficient. McDonald’s is implementing the technology with the help of start-up Apprente, which it acquired this week. The move comes amid concern about workers whose jobs…
NYC Mayor and Presidential Hopeful Bill De Blasio Wants a Tax On Robots
In an opinion article published last week on Wired, New York City Mayor and 2020 Democratic presidential candidate Bill de Blasio said as president he would issue a robot tax for corporations displacing humans and would create a federal agency to oversee automation. CNET reports: “The scale of automation in our economy is increasing far faster than most people realize, and…
The Next Hot Job: Pretending To Be a Robot
“As the promise of autonomous machines lags the underlying technology, the growing need for human robot-minders could juice the remote workforce,” reports The Wall Street Journal. An anonymous reader shares excerpts from the report: Across industries, engineers are building atop work done a generation ago by designers of military drones. Whether it’s terrestrial delivery robots, flying delivery drones, office-patrolling security robots,…
What’s new on Coursera for Business – August 2019
By Kyle Clark, Senior Skills Transformation Consultant Coursera released 44 courses on our platform in August. We are particularly excited to announce a range of new courses from the manufacturing, architecture, and engineering design software industry leader, Autodesk, on Generative Design and CAD/CAM for manufacturing. Here are our top picks for enterprise for this past […]
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