Employment – Page 12

AI, Employment, Machine Learning, Science & Technology News

Men in creative jobs are described very differently than their female peers

November 18, 2019

Machine learning reveals that news coverage of people in creative industries such as design and art is shaped by gender. Can it guide us toward parity?

How long would it take you to review half a million articles? Not just to read, but to tally for particular keywords, such as “he,” “she,” and the words that immediately follow them? Well, let’s just say you’d have to quit your day job.

Undeterred, the Creative Industries Policy and Evidence Centre, which provides independent research and policy recommendations for the U.K.’s creative industry, in partnership with the innovation foundation Nesta, made it their day job. They had some help: AI.

Continue reading… “Men in creative jobs are described very differently than their female peers”

2020 Predictions, Analysis, Employment, Science & Technology News

Wall Street jobs data ‘experts’ are failing big time

November 17, 2019

Attention all you Wall Street “experts” who try to predict the monthly employment report! This column is for you.

The rest of you, of course, can read along. But the first item in this column is specifically for those on Wall Street who get paid a lot of money to get their economic predictions correct.

And they don’t do that often enough.

Experts: it makes me sad to say this, but you aren’t doing a very good job. And, quite frankly, I’m afraid your bosses will soon be asking why and might even — dare I say it — be cutting your fine salaries.

OK, do I have your attention? Now I’m going to tell you where you are going wrong. Ignore me at your own — and your family’s — peril.

Continue reading… “Wall Street jobs data ‘experts’ are failing big time”

2020 Predictions, Automation, Employment, Science & Technology News

2020 predictions about automation and the future of work from Forrester

November 11, 2019

Over 1 million knowledge-work jobs will be replaced in 2020 by software robotics, RPA, virtual agents and chatbots, and machine-learning-based decision management. So predicts research firm Forrester in a new report published today, “Predictions 2020: Automation.” It also estimates that 331,500 net jobs will be added to the US workforce next year, human-touch jobs that require intuition, empathy, and physical and mental agility.

Forrester highlights what it calls “the automation paradox,” predicting that after years of falling, MTTR or Mean-Time-To-Resolution (the time it takes to resolve an IT failure, for example) will increase. This is the result of automating the “low-hanging fruit,” the repetitive tasks and incidents, leaving the more complex and time-consuming problems for humans to fix.

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2019 Predictions, Business, Employment, Science & Technology News

The 10+ most important job skills every company will be looking for in 2020

November 7, 2019

As the world evolves to embrace the 4th industrial revolution, our workplaces are changing. Just as other industrial revolutions transformed the skillset and experience required from the workforce, we can expect the same from this revolution. Only five years from now, 35 percent of the skills seen as essential today will change according to the World Economic Forum. While we’re not able to predict the future, yet, here are the ten most important job skills (plus a bonus one) every company will be looking for in 2020.

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AI, Business, Employment, Science & Technology News

A face-scanning algorithm increasingly decides whether you deserve the job

November 4, 2019

HireVue claims it uses artificial intelligence to decide who’s best for a job. Outside experts call it ‘profoundly disturbing.’

This video by HireVue explains the tech firm’s artificial intelligence-driven assessments for potential job candidates. (HireVue)

An artificial intelligence hiring system has become a powerful gatekeeper for some of America’s most prominent employers, reshaping how companies assess their workforce — and how prospective employees prove their worth.

Designed by the recruiting-technology firm HireVue, the system uses candidates’ computer or cellphone cameras to analyze their facial movements, word choice and speaking voice before ranking them against other applicants based on an automatically generated “employability” score.

HireVue’s “AI-driven assessments” have become so pervasive in some industries, including hospitality and finance, that universities make special efforts to train students on how to look and speak for best results. More than 100 employers now use the system, including Hilton and Unilever, and more than a million job seekers have been analyzed.

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Automation, Employment, Robotics, Robots, Science & Technology News

Robots aren’t coming to steal your job. They’re coming to improve it

October 31, 2019

For many people, the word “automation” conjures up dystopian scenes of humans versus machines. A future in which people set aside our differences to oppose the sleek, metallic products of our own engineering. Few but growth-minded business types get a warm-and-fuzzy feeling of optimism when the word “automation” comes up. And for good reason.

There’s virtually no job that won’t be touched by artificial intelligence (A.I.) and robotics. According to a recent Ball State study, robots and A.I. accounted for around 87 percent of job loss in the United States between 2000 and 2010. PricewaterhouseCoopers recently estimated that 38 percent of American jobs may be at risk by the 2030s. And in 2016, a 55-page report titled from the Executive Office of the President painted a similarly dire picture, warning that millions of workers may be displaced.

Continue reading… “Robots aren’t coming to steal your job. They’re coming to improve it”

Business, Employment, Finance, Higher Education, Science & Technology News

Why no one wants to be an MBA anymore

October 30, 2019

A recent Wall Street Journal article focused on the steep decline in elite MBA program applications. In an era of an increasing divide between the economic haves and have nots, you’d think that the vaunted Masters in Business Administration degree would be valued more than ever. After all, with the recent boom in the stock market coinciding with a steep reduction in corporate taxes, big corporations are awash in profits to reward their highest achievers. Though there has been only slight progress in wage increases for rank and file employees, the top brass is enjoying greater compensation than ever. And a quick look at the CEOs of the companies with highest market caps reveal at least one thing in common: both leaders obtained MBAs from prestigious institutions. Apple’s Tim Cook graduated from Duke’s Fuqua School of Business, while Satya Nadella of Microsoft received his MBA from the Booth School of Business at the University of Chicago.

Yet MBA applications are down sharply, even at the most celebrated institutions. The Journal article has highlighted declines between 5-20% in applications to the top U.S. MBA programs. What gives?

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Big Problems, Employment, Human Behavior, Science & Technology News

Why you never see your friends anymore

October 24, 2019

Our unpredictable and overburdened schedules are taking a dire toll on American society.

Just under a century ago, the Soviet Union embarked on one of the strangest attempts to reshape the common calendar that has ever been undertaken. As Joseph Stalin raced to turn an agricultural backwater into an industrialized nation, his government downsized the week from seven to five days. Saturday and Sunday were abolished.

In place of the weekend, a new system of respite was introduced in 1929. The government divided workers into five groups, and assigned each to a different day off. On any given day, four-fifths of the proletariat would show up to their factories and work while the other fifth rested. Each laborer received a colored slip of paper—yellow, orange, red, purple, or green—that signified his or her group. The staggered schedule was known as nepreryvka, or the “continuous workweek,” since production never stopped.

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Automation, Automobiles, Employment, Science & Technology News, Self-driving Cars

Top companies hiring for autonomous vehicle talent

October 22, 2019

Over the last few years, the autonomous vehicle industry has grown rapidly. Here are thoughts and stats from Indeed for the top companies hiring for autonomous vehicle talent.

When news about autonomous vehicles filled headlines a few years ago, it was characterized by bold claims: that entire lanes would be dedicated to hands-free driving by 2020 and door-to-door autonomous trips would be possible around 2030, for example.

Since then, the frenzy about an autonomous takeover of our personal transportation system has waned. But a new reality has set in: Autonomous vehicles are already operating in a number of industries, such as transportation, farming, and small deliveries. While it may not be driving the news cycle, the work on this technology hasn’t slowed down.

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Aviation, Employment, Science & Technology News, Travel

The mega rich are having trouble finding pilots for private jets

October 20, 2019

Empty Cockpit

Bad news for the extremely wealthy: airplane pilots are abandoning their gigs flying private jets for more steady work at commercial airlines.

Pilots seem to be attracted to steady jobs that provide regular pay rather than the hourly wages and short notice that come with captaining some rich folks’ private planes, according to The Independent. The result is a labor shortage that’s not only keeping the wealthy grounded but hurting private jet sales as well.

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Analysis, Business, Employment, Science & Technology News

The average worker spends 51 percent of each workday on these 3 unnecessary tasks

October 14, 2019

Fortunately, there are several ways to minimize these tasks or eliminate them from your company.

There are thousands of books on time management, and thousands more on work/life balance, but almost all of them either nibble around the edge of the problems or pretend they don’t exist. So, here’s the straight skinny: The reason most people are stressed for time is that they are wasting more than half of each working day on time-wasting tasks.

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AI, Artificial Intelligence, Employment, Healthcare, Report, Science & Technology News

Artificial intelligence to create 133 million jobs globally: Report

October 13, 2019

The uptake of artificial intelligence (AI) is expected to create 133 million new jobs globally and “drastically change” the UK job market in the coming years, according to a new report.

The findings come from the Harnessing the Power of AI: The Demand for Future Skills report, produced by global recruitment agency Robert Walters and market analysis company Vacancy Soft.

The report states that around 10.5 million workers will be impacted by the emergence of AI as around 10-30% of jobs in the UK become automated or otherwise change.

However, it also finds that artificial intelligence will create a host of new jobs.

Continue reading… “Artificial intelligence to create 133 million jobs globally: Report”