Prepare for a world without work

Prepare for a world without work 

 #fintech #robotos @nypost #AI

  • In the short term, we need to find roles in which humans can feel productive.
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As we start the year full of good intentions to flourish at work, social scientists are warning that our careers could be over sooner than we expect.

The world is barreling toward what has been dubbed the “post-work economy,” as technology replaces humans at an unprecedented rate.

Driverless cars are set to make millions of truckers and taxi drivers redundant and automated fast food service is poised to shut off a key job sector for young people. As artificial intelligence is increasingly able to carry out complex tasks that used to require humans, large numbers of us are set to find ourselves out of work, with no prospects.

“Many jobs will be destroyed,” futurist Ross Dawson told “We can no longer be sure we’ll have a sufficient amount of the right type of work for people to be employed.”

When should we start panicking?

The experts aren’t sure how soon all this is going to happen, but the shift is taking place faster than predicted. The world of work is now changing more rapidly than during the Industrial Revolution.

Dawson says we can expect more “big hits” in the near future, like the one seen in October when 600 manufacturing workers lost their jobs after Ford closed its Australian factories.

Futurist Chris Riddell told that over the next three years, “innovation and disruption will exceed anything we’ve seen to date.”

With high-speed “hyperloop” transport and augmented reality gaining traction, the pace of change is accelerating, but Riddell believes “things are going to get very messy before they get sophisticated.”

How will we survive?

Governments are already in discussions over how we can stay relevant in a world where tech has overtaken the human brain.

The shift toward a huge portion of the population being unemployed will create a string of problems. In terms of finances, we may have to introduce a Universal Basic Income (UBI): a trendy concept being tested in Finland, the Netherlands and Canada, in which every citizen is paid a flat wage, whether they are employed or not.

The idea of a “mincome” (minimum income) is controversial because it is unclear whether it would be more cost-effective than our current welfare system. But if the majority of the population is on the dole, our view on taxing workers to fund the unemployed may have to change.

Will life be one long party?

You may be thinking this all sounds great. Our lives will run smoothly with the help of super-intelligent technology, we won’t be expected to find jobs, and we’ll still earn money.

Technology should remove mundane tasks and allow us to focus on the kind of lifestyles we want.

But Dawson warns the shift could open up a wider chasm between the elite who work and those who do not, since we typically define our worth by what we do.

“This will accelerate the potential for a divide,” he says. “And the polarization of wealth.”

Since we all want to feel valued, we will need to find a way to give people a purpose outside of work, in other aspects of society.

Where will we find purpose?

Some of the greatest minds of the 21st century, Tesla founder Elon Musk and physicist Stephen Hawking, recently wrote an open letter warning of the need to stay abreast of artificial intelligence for fear robots could literally take over our world.

In the short term, we need to find roles in which humans can feel productive. This requires looking at where we still outstrip machines: in expertise, creativity and relationships, for example.

One of Australia’s most potent offerings is world-class eduction, according to Dawson. We have the ability to take a leading role in making sure schools are preparing for the radically different world of the future, and exporting adult education to the world.

As computers become more sophisticated, our abilities at things like mental arithmetic and handwriting are eroding, so it will be vital for us to exercise our motor skills and stay physically and mentally engaged.
Continue reading “Prepare for a world without work”

Inspiring students through a passion-based curriculum – Microsoft in Education blog

Deep learning happens when students get to follow their passion:  #YouthSpark #MSFTschool

  • The Student Ambassadors have created a digital showcase of their final projects .
  • And a Microsoft Apprentice (a previous Student Ambassador), Thao Tran, was there every step of the way, helping to mentor and guide the students.
  • Learn more about how the Microsoft Showcase Schools program can benefit your students .
  • Student Ambassadors lead the way
  • Another stand-out project included a Sway Festival , a major undertaking developed by Student Ambassadors at The Westminster School, Dubai .

We all know that deep learning comes from activities that connect young people to the things that matter most to them. Programs like Microsoft Showcase Schools and Microsoft YouthSpark – a global initiative to increase access for all youth to learn computer science – empower students everywhere to achieve more for themselves, their families and their communities. And the results speak for themselves.
Continue reading “Inspiring students through a passion-based curriculum – Microsoft in Education blog”

Rise of the robots: 60,000 workers culled from just one factory as China’s struggling electronics hub turns to artificial intelligence

Robots replaced 60,000 workers in a Foxconn factory in Kunshan, Jiangsu

  • The county, one-seventh the size of neighboring Shanghai and the mainland’s first county to achieve US$4,000 per capita income, was adjudged the best county for its economic performance by Forbes for seven years in a row.
  • Thirty-five Taiwanese companies, including Apple’s supplier Foxconn, spent a total of 4 billion yuan (HK$4.74 billion) on artificial intelligence last year, according to the Kunshan government’s publicity department.
  • Kunshan is home to about 4,800 Taiwanese companies, which contribute over 60 per cent of its GDP, and the county is encouraging more people from across the strait to start businesses there to boost its economy.
  • Smartphone manufacturing is trying to bridge the gap – about 20 million units were made last year.
  • More than a year on, the county, which attracts much of its investment from Taiwan, is trying to reinvent its growth strategy.

Read the full article, click here.

@vexmark: “Robots replaced 60,000 workers in a Foxconn factory in Kunshan, Jiangsu”

China’s electronics manufacturing hub is seeking a drastic cut in labor costs, and thinks robots are the answer, the SCMP reports.

Rise of the robots: 60,000 workers culled from just one factory as China’s struggling electronics hub turns to artificial intelligence