Lifeboat Foundation

“I think we are on the verge of a massive disruption,” Ford told me recently. “We see stagnant wages, and we see an erosion in the quality of the jobs. A lot of solid middle-class jobs are disappearing, and that alone has been remarkably disruptive… This is a big deal and I think it’s going to get get vastly bigger, and I do think that this is a subject everyone should be a bit concerned about.”

To put it bluntly: Once cars and trucks become automated, what will taxi and truck drivers do for work? Same with factory workers, fast food employees, retail clerks, and millions of other low-skill jobs that could theoretically be phased out entirely with robotics. This isn’t some sci-fi future; one report compiled recently by the McKinsey Global Institute says that advances in AI, automation and robotics will displace between 39 and 73 million jobs by 2030.

Humanoid Robot torsos, legs, and arms are about where they need to be. But the robot hands are not quite where they need to be yet if we really want them to take all the jobs. The government is dumping a lot of money into robotic hand’s for amputees, which i’m sure they plan to eventually put on the humanoid robots, but it should be pushed along faster.

Imagine, for a moment, the simple act of picking up a playing card from a table. You have a couple of options: Maybe you jam your fingernail under it for leverage, or drag it over the edge of the table.

Now imagine a robot trying to do the same thing. Tricky: Most robots don’t have fingernails, or friction-facilitating fingerpads that perfectly mimic ours. So many of these delicate manipulations continue to escape robotic control. But engineers are making steady progress in getting the machines to manipulate our world. And now, you can help them from the comfort of your own home.

Continue reading “Robots Can’t Hold Stuff Very Well, But You Can Help” »

This podcast is from my article called, The U.S. Economy is Built on a Foundation of Sand.

While many Economists, are saying that the U.S. economy looks great and has a forward momentum, I’m going to take a different tone. Not a pessimistic tone but a realistic view based upon facts and my futurist intuitive insight.

Continue reading “AI & Technology Taking Over White Collar Jobs” »

PwC forecast that AI would displace 20% jobs by 2037, but it would also create just as many jobs. That suggests fears about robots rendering humans useless may be overblown.

Interesting article on the limited future of human paid employment for AI, some thoughts.

By Paul R. Daugherty and H. James Wilson

Superman versus Batman. Captain America versus Iron Man. Zuckerberg versus Musk?

Continue reading “What Are The New Jobs In A Human + Machine World?” »

https://youtube.com/watch?v=m5HGUY3xxf8

Full automation of things like Logging, and Mining is not that far off. A humanoid robot that can do all the tasks of those sorts of jobs is already really close, the main issue right now is copying Human Hands, and it is almost there. Then, having vehicles like this to haul the stuff out of there. And, then those jobs are gone for good.

It might not be the quickest vehicle at the event, but Swedish transport company Einride has chosen the Goodwood Festival of Speed to reveal the T-log, an autonomous, electric logging truck. Incorporating some unusual purpose-built design for the niche logging market, the vehicle is designed to go off-road and to navigate forest roads with and without loads.

My debate on #BasicIncome at the FreedomFest against Dr. Barbara Kolm, director at the Austrian Economic Center (debate moderated by syndicated columnist and scholar Veronique de Rugy) got a write-up in Nevada Current (article by journalist Jeniffer Solis). https://www.nevadacurrent.com/…/universal-basic-income-tou…/ #FFest18

Earlier this month, the Vdara Hotel & Spa added two relay robots that deliver snacks, sundries and spa products directly to guest suites. While charmingly decorated as a Golden Retriever and Dalmatian dog with Vdara-themed collars, the new robots — named Fetch and Jett — may be a sign of what’s next for Las Vegas.

In 20 years, about 65 percent of the city’s jobs could be automated, according to a study by the Institute for Spatial Economic Analysis. That projection may be an outlier – the Organization for Economic for Cooperation and Development, for instance, projects only 10 percent of U.S. jobs are vulnerable to automation.

Continue reading “Universal basic income touted as answer to automation” »

WANT a job with a successful multinational? You will face lots of competition. Two years ago Goldman Sachs received a quarter of a million applications from students and graduates. Those are not just daunting odds for jobhunters; they are a practical problem for companies. If a team of five Goldman human-resources staff, working 12 hours every day, including weekends, spent five minutes on each application, they would take nearly a year to complete the task of sifting through the pile.

Little wonder that most large firms use a computer program, or algorithm, when it comes to screening candidates seeking junior jobs. And that means applicants would benefit from knowing exactly what the algorithms are looking for.

Cheap technology will sweep away lots of jobs. That’s an argument for a better safety net.