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dr tech

16 Musings on AI's Impact on the Labor Market - 0 views

www.thealgorithmicbridge.com/...ngs-on-ais-impact-on-the-labor

ITGS DS values and ethics change economic employment

shared by dr tech on 25 Jan 25 - No Cached
  • dr tech on 25 Jan 25
     
    "In the short term, generative AI will replace a lot of people because productivity increases while demand stays the same due to inertia. In the long term, the creation of new jobs compensates for the loss of old ones, resulting in a net positive outcome for humans who leave behind jobs no one wants to do. The most important aspect of any technological revolution is the transition from before to after. Timing and location matters: older people have a harder time reinventing themselves into a new trade or craft. Poor people and poor countries have less margin to react to a wave of unemployment. Digital automation is quicker and more aggressive than physical automation because it bypasses logistical constraints-while ChatGPT can be infinitely cloned, a metallic robot cannot. Writing and painting won't die because people care about the human factor first and foremost; there are already a lot of books we can't possibly read in one lifetime so we select them as a function of who's the author. Even if you hate OpenAI and ChatGPT for being responsible for the lack of job postings, I recommend you ally with them for now; learn to use ChatGPT before it's too late to keep your options open. Companies are choosing to reduce costs over increasing output because the sectors where generative AI is useful can't artificially increase demand in parallel to productivity. (Who needs more online content?) Our generation is reasonably angry at generative AI and will bravely fight it. Still, our offspring-and theirs-will be grateful for a transformed world whose painful transformation they didn't have to endure. Certifiable human-made creative output will reduce its quantity but multiply its value in the next years because demand specific for it will grow; automation can mimic 99% of what we do but never reaches 100%. The maxim "AI won't take your job, a person using AI will; yes, you using AI will replace yourself not using it" applies more in the long term than the
dr tech

8 Skilled Jobs That May Soon Be Replaced by Robots - 0 views

www.makeuseof.com/...-jobs-may-soon-replaced-robots

jobs robots ITGS ai peopleandmachines

shared by dr tech on 08 Jan 15 - No Cached
  • dr tech on 08 Jan 15
     
    "Unskilled manual laborers have felt the pressure of automation for a long time - but, increasingly, they're not alone. The last few years have been a bonanza of advances in artificial intelligence. As our software gets smarter, it can tackle harder problems, which means white-collar and pink-collar workers are at risk as well. Here are eight jobs expected to be automated (partially or entirely) in the coming decades. Call Center Employees call-center Telemarketing used to happen in a crowded call center, with a group of representatives cold-calling hundreds of prospects every day. Of those, maybe a few dozen could be persuaded to buy the product in question. Today, the idea is largely the same, but the methods are far more efficient. Many of today's telemarketers are not human. In some cases, as you've probably experienced, there's nothing but a recording on the other end of the line. It may prompt you to "press '1' for more information," but nothing you say has any impact on the call - and, usually, that's clear to you. But in other cases, you may get a sales call and have no idea that you're actually speaking to a computer. Everything you say gets an appropriate response - the voice may even laugh. How is that possible? Well, in some cases, there is a human being on the other side, and they're just pressing buttons on a keyboard to walk you through a pre-recorded but highly interactive marketing pitch. It's a more practical version of those funny soundboards that used to be all the rage for prank calls. Using soundboard-assisted calling - regardless of what it says about the state of human interaction - has the potential to make individual call center employees far more productive: in some cases, a single worker will run two or even three calls at the same time. In the not too distant future, computers will be able to man the phones by themselves. At the intersection of big data, artificial intelligence, and advanced
dr tech

AI videos are becoming a reality - 0 views

www.joinsuperhuman.ai/...ai-videos-becoming-reality

ITGS change power values and ethics economic social DS employment ai

shared by dr tech on 19 Nov 23 - No Cached
  • dr tech on 19 Nov 23
     
    "Instead of putting bank tellers out of a job, ATMs increased the demand for tellers by reducing the cost of operating a bank branch. The reduced cost of operating a branch meant that banks opened more branches and hired more tellers to operate them. Bank branches in urban areas increased by more than 40% (source) The counterintuitive nature of new technologies is such that they may eliminate certain jobs - or parts of those jobs - but they also create new jobs and empower workers in existing jobs to be more productive."
dr tech

The New Age of Hiring: AI Is Changing the Game for Job Seekers - CNET - 0 views

www.cnet.com/...nging-the-game-for-job-seekers

ITGS DS AI employment cv machine learning bias equity

shared by dr tech on 15 Jun 23 - No Cached
  • dr tech on 15 Jun 23
     
    "If you've been job hunting recently, chances are you've interacted with a resume robot, a nickname for an Applicant Tracking System, or ATS. In its most basic form, an ATS acts like an online assistant, helping hiring managers write job descriptions, scan resumes and schedule interviews. As artificial intelligence advances, employers are increasingly relying on a combination of predictive analytics, machine learning and complex algorithms to sort through candidates, evaluate their skills and estimate their performance. Today, it's not uncommon for applicants to be rejected by a robot before they're connected with an actual human in human resources. The job market is ripe for the explosion of AI recruitment tools. Hiring managers are coping with deflated HR budgets while confronting growing pools of applicants, a result of both the economic downturn and the post-pandemic expansion of remote work. As automated software makes pivotal decisions about our employment, usually without any oversight, it's posing fundamental questions about privacy, accountability and transparency."
anonymous

BBC News - NatWest online services hit by cyber attack - 0 views

www.bbc.co.uk/...business-25262790

ITGS

shared by anonymous on 07 Dec 13 - No Cached
  • ails safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6");
  • Details safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); hyper-depth-st
  • 's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); Your Savings
  • ...4 more annotations...
  • and cash machines. Details safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&amp;A: Standard Chartered allegations HSBC report: Key findings Q&amp;A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&amp;A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); <h4 cla
  • It came less than a week after a major computer failure left some customers unable to use cards and cash machines.
  • On Friday, a number of customers reported problems getting on to the bank's website
  • Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today,
dr tech

Kevin Roose's 'Futureproof' Offers Rules To Thrive In The Age Of Automation : NPR - 0 views

www.npr.org/...es-how-to-futureproof-yourself

ITGS automation AI people and machines employment

shared by dr tech on 21 Mar 21 - No Cached
  • dr tech on 21 Mar 21
     
    "Then the other difference is there's been some new research out about the effect that automation has been having in the economy. And it's shown that while for much of the 20th century, automation was creating new jobs faster than it was destroying old jobs, for the last few decades, the opposite has been true: Old jobs have been disappearing faster than new jobs have been created."
dr tech

Amazon enters the age of robots. What does that mean for its workers? | Amazon | The Gu... - 0 views

www.theguardian.com/...amazon-robots-jobs

ITGS DS robots amazon employment jobs ai

shared by dr tech on 13 Nov 22 - No Cached
  • dr tech on 13 Nov 22
     
    "Economists even have a term for it - the "lump of labor" fallacy. Innovation may destroy occupations but there is no fixed number of jobs and new ones take their place. Warehouse jobs, for example, replaced retail jobs as online shopping decimated shopping malls."
dr tech

Service Jobs Now Require Bizarre Personality Test From AI Company - 0 views

www.404media.co/ity-evaluation-from-ai-company

ITGS bias jobs employment interview generativeai machine learning

shared by dr tech on 08 Mar 24 - No Cached
  • dr tech on 08 Mar 24
     
    "Applying to some of the most common customer and food service jobs in the country now requires a long and bizarre personality quiz featuring blue humanoid aliens, which tells employers how potential hires rank in terms of "agreeableness" and "emotional stability." If you've applied to a job at FedEx, McDonald's, or Darden Restaurants (the company that operates multiple chains including Olive Garden) you might have already encountered this quiz, as all these companies and others are clients of Paradox.ai, the company which runs the test and helps them with other recruiting tasks."
dr tech

AI company Anthropic's ironic warning to job candidates: 'Please do not use AI' - 0 views

www.msn.com/...ar-AA1ypmmU

ITGS DS values and ethics job economic autonomous technologies change expression

shared by dr tech on 05 Feb 25 - No Cached
  • dr tech on 05 Feb 25
     
    "Anthropic has an "AI policy" for job candidates that discourages the technology from being used during the application process. The company says it wants to field candidates' human communication skills. Anthropic is known for its AI innovations-but the company doesn't want job candidates using the technology."
dr tech

Computers are taking over jobs but that doesn't have to be a bad thing - 0 views

mashable.com/...-intelligence-robot-revolution

ITGS computers jobs ai people and machines

shared by dr tech on 08 May 16 - Cached
  • dr tech on 08 May 16
     
    "A report from the Oxford Martin School's Programme on the Impacts of Future Technology said that 47 percent of all jobs in the U.S. are likely to be replaced by automated systems. Among the jobs soon to be replaced by machines are real estate brokers, animal breeders, tax advisers, data entry workers, receptionists and various personal assistants."
dr tech

AI will end the west's weak productivity and low growth. But who exactly will benefit? ... - 0 views

www.theguardian.com/...t-weak-productivity-low-growth

DS ITGS productivity businessandemployment ai employment

shared by dr tech on 08 Apr 23 - No Cached
  • dr tech on 08 Apr 23
     
    "What is in doubt is who will benefit from the boost to productivity. What if all the gains are seized by a handful of tech giants? What if history fails to repeat itself, and AI destroys more jobs than it creates? What if AI does lead to a net increase in employment, but the new jobs are less well-paid than the old ones? Put simply, what if it is different this time? That may well be the case. Much of the debate around the impact of AI is based on conjecture. There have been studies galore that have sought to estimate the number of jobs that will be affected - potentially running into the hundreds of millions globally - but nobody knows for sure. That said, certain conclusions can be drawn with a reasonable degree of confidence."
dr tech

AI technology is coming to Hollywood. The filmmaking town isn't ready. - The Washington... - 0 views

www.washingtonpost.com/...ai-hollywood-filmmaking-dalle

DS ITGS ai entertainment machine learning employment film hollywood

shared by dr tech on 17 Apr 23 - No Cached
  • dr tech on 17 Apr 23
     
    "Nelson said it's likely that AI will replace some jobs in Hollywood while also potentially creating more. He pointed to the entrance of computer-editing software, and how that replaced more manual movie-editing jobs and processes. "There are some jobs that might just go away entirely," he said. "There might be some pain, but through it all, I think there's just going to be more opportunities." Media and legal experts also said the use of AI in filmmaking raises several concerns - and the law is still unclear."
dr tech

The AI tools that might stop you getting hired | Artificial intelligence (AI) | The Gua... - 0 views

www.theguardian.com/...intelligence-tools-hiring-jobs

ITGS DS tools employment hiring generativeai pseudoscience jobs

shared by dr tech on 04 Feb 24 - No Cached
  • dr tech on 04 Feb 24
     
    "The tools - which aim to cut the time and cost of filtering mountains of job applications and drive workplace efficiency - are enticing to employers. But Schellmann concludes they are doing more harm than good. Not only are many of the hiring tools based on troubling pseudoscience (for example, the idea that the intonation of our voice can predict how successful we will be in a job doesn't stand up, says Schellmann), they can also discriminate."
dr tech

The Intelligence Age - 0 views

ia.samaltman.com/?utm_source=substack&utm_medium=email

DS ITGS lamplighter altman openai change technological utopianism employment

shared by dr tech on 26 Sep 24 - No Cached
  • dr tech on 26 Sep 24
     
    "As we have seen with other technologies, there will also be downsides, and we need to start working now to maximize AI's benefits while minimizing its harms. As one example, we expect that this technology can cause a significant change in labor markets (good and bad) in the coming years, but most jobs will change more slowly than most people think, and I have no fear that we'll run out of things to do (even if they don't look like "real jobs" to us today). People have an innate desire to create and to be useful to each other, and AI will allow us to amplify our own abilities like never before. As a society, we will be back in an expanding world, and we can again focus on playing positive-sum games. Many of the jobs we do today would have looked like trifling wastes of time to people a few hundred years ago, but nobody is looking back at the past, wishing they were a lamplighter. If a lamplighter could see the world today, he would think the prosperity all around him was unimaginable. And if we could fast-forward a hundred years from today, the prosperity all around us would feel just as unimaginable."
dr tech

"AI Won't Take Your Job, a Person Using AI Will"-Yes, You Using AI Will Replace You Not... - 0 views

www.thealgorithmicbridge.com/...t-take-your-job-a-person-using

ITGS DS ai economic employment

shared by dr tech on 31 Dec 24 - No Cached
  • dr tech on 31 Dec 24
     
    "I. Neither AI nor other people will take your job: While fears have shifted from AI taking jobs to people using AI replacing others, the reality is that you will most likely replace your non-AI-using self by adopting AI tools."
dr tech

When Machines Can Do Most Jobs-Passion, Creativity, and Reinvention Rule - Singularity HUB - 0 views

singularityhub.com/...reativity-and-reinvention-rule

ITGS machines jobs creativity singularity peopleandmachines

shared by dr tech on 02 Aug 15 - Cached
  • dr tech on 02 Aug 15
     
    "Now, by my estimates, the half-life of a career is about 10 years. I expect that it will decrease, within a decade, to five years. Advancing technologies will cause so much disruption to almost every industry that entire professions will disappear. And then, in about 15-20 years from now, we will be facing a jobless future, in which most jobs are done by machines and the cost of basic necessities such as food, energy and health care is negligible - just as the costs of cellphone communications and information are today. "
dr tech

Tech Jobs of the Future: What To Study If You Want a Cool Job Tomorrow - 0 views

www.makeuseof.com/...e-study-want-cool-job-tomorrow

ITGS tech jobs future singularity peopleandmachines

shared by dr tech on 02 Aug 14 - No Cached
  • dr tech on 02 Aug 14
     
    "If you're a student and looking to establish yourself in a field of study that has a bright future in the world of high technology, then you'll need the mindset of a futurist. Understanding the direction of technology will help you decide how you want to position yourself to succeed, and figure out exactly what you need to study to get there."
dr tech

Machines will create 58 million more jobs than they displace by 2022, World Economic Fo... - 1 views

www.washingtonpost.com/...e-by-world-economic-forum-says

ITGS people and machines jobs million machines

shared by dr tech on 23 Sep 18 - No Cached
  • dr tech on 23 Sep 18
     
    "The Future of Jobs Report arrives as the rising tide of automation is expected to displace millions of American workers in the long term and as corporations, educational institutions and elected officials grapple with a global technological shift that may leave many people behind. The report, published Monday, envisions massive changes in the worldwide workforce as businesses expand the use of artificial intelligence and automation in their operations. Machines account for 29 percent of the total hours worked in major industries, compared with 71 percent performed by people. By 2022, however, the report predicts that 42 percent of task hours will be performed by machines and 58 percent by people"
dr tech

YouTube moderators must sign contract acknowledging job could cause PTSD - report | Tec... - 0 views

www.theguardian.com/...rs-contract-ptsd-mental-health

ITGS employees moderation social media cleaners people and machines

shared by dr tech on 25 Jan 20 - No Cached
  • dr tech on 25 Jan 20
     
    "Social media sites are increasingly informing employees of the negative effects of moderation jobs following several reports on harrowing working conditions, including long hours viewing violent and sexually exploitative content with little mental health support. Before accepting a job with Accenture, a subcontractor that works with several social media companies and manages some YouTube moderators at a Texas facility, employees had to sign a form titled "Acknowledgement", the Verge reported."
dr tech

End of the road: will automation put an end to the American trucker? | Technology | The... - 0 views

www.theguardian.com/...erican-trucker-automation-jobs

ITGS peopleandmachines automation ai autonomous

shared by dr tech on 14 Oct 17 - No Cached
  • dr tech on 14 Oct 17
     
    "Google, Uber, Tesla and the major truck manufacturers are looking to a future in which people like Baxter will be replaced - or at the very least downgraded to co-pilots - by automated vehicles that will save billions but will cost millions of jobs. It will be one of the biggest changes to the jobs market since the invention of the automated loom - challenging the livelihoods of millions across the world."
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