A recent study out of Oxford University found that almost half of U.S. jobs are vulnerable to being taken over by computers as artificial intelligence continues to improve.
"Computers are better at certain types of jobs, like those the Oxford study identifies as at immediate risk. Those jobs are largely entry-level office jobs. Displaced workers mostly have to move down into lower paying jobs because they can’t move up, Autor and Dorn argue. In this way, technological progress has contributed to the gap between the rich and the poor without reducing the total number of jobs in the United States."
A 12-year plan to move hundreds of millions of rural residents into cities is intended to spur economic growth, but could have unintended consequences, skeptics warn.
This is a staggering migration that took hundreds of years for the equivalent process in the Western world. The size of the new urban population is as large as the most large cities in US, Europe, South America and Tokyo combined. Wherever you are, you will be affected by this.
It's easy to get caught up in the buzz around 3-D printing. It allows everyone from hobbyists to aerospace engineers to create customized products -- toys, prosthetics, even jet engine parts -- from the convenience of their home or office.
I disagree with the idea that 3D printing will not affect mass production. It does, but not directly and not completely - there is no replacement going on. If you have 1 million users printing occasionally a part, the business that used to mass produce them just lost that business. We need to mass produce 3-D printers and other products, but there has to an impact somewhere, especially in the support and maintenance business (spare parts).
It used to be too dangerous to have a person work alongside a robot. But at a South Carolina BMW plant, next-generation robots are changing that.
"BMW is testing even more sophisticated final assembly robots that are mobile and capable of collaborating directly with human colleagues. These robots, which should be introduced in the next few years, could conceivably hand their human colleague a wrench when he or she needs it. The company is developing the newer robots in collaboration with Julie Shah, a professor in MIT’s department of aeronautics and astronautics. “Oftentimes, the robot will need to maneuver closely around people,” says Shah. “It’ll need to possibly straddle the moving floor—the actual assembly line; it’ll need to track a person that is potentially standing on that assembly line and moving with it.”"
The investment bank highlights eight industry themes it describes as "creative destruction" - trends that make it necessary for companies to either "adapt or die."
Top eight industry theme trends as destructive innovations: 3D printing, e-Cig, LED lighting, catastrophy bonds, cancer immunotherapy, big data, software defined networking, natural gas engine technology.
The world is poised to change dramatically over the next century, and in ways that you might not expect.
Africa is rapidly becoming a major influence on the global economy. It's population growth is higher than Asia's in the past century. A few Sub-Saharan nations will morph into giants, some of the largest nations on the planet.
One of the key demographic factors underlying the trends into the workforce is the reversal of ranking on the scale of the population dependency. While Europe, Asia and America has majority of the population in need of support, Africa will have a young independent workforce as a majority of its population.
A key question here is: will Africa improve its governance, skill base and social structures just in time to convert this demographic trajectory into an opportunity?
General Electric Co. is hiring thousands of engineers near San Francisco in a push to connect everything from jet engines to medical-imaging machines to the Web and help customers run equipment more efficiently.
The Superpower I have a new book coming out early next year, The Rise of Superman: Decoding the Science of Ultimate Human Performance.
This article is a bit vague, a teaser to make you want to find out more. Nevertheless, the work of Jim Kwik seems to be intriguing. I like stories of people who after facing difficulties they discover a way to overcome them with brilliant ideas.