Tag Archives: jobs

Economic Impact of New Jobs Continues Beyond the Company Initial Announcement

AmmannMichael AmmannPresident at San Joaquin Partnership. Public-private partnership organizational leader with start-up, turnaround & organizational renewal experience in multi-jurisdictional economic development marketing organizations and a metro chamber of commerce.

The San Joaquin Partnership recently announced another successful project moving into San Joaquin USA – Crumb Rubber Manufacturers (CRM), a nationally known company that specializes in the production and supply of crumb rubber for various asphalt rubber technologies.  CRM is moving into the former Hormel food processing facility in Stockton and will initially employ 50 people. Finding a new user for an old facility is the toughest job in economic development.  Hooray! Let’s give a cheer to all those involved in bringing CRM to Stockton for a job well done!

Now let’s step back and realize the long-term benefits of CRM’s San Joaquin location for years to come as they ramp up business, pay annual taxes while growing employment and payrolls up to 100 employees.

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Understanding The Rise Of The Robots

Martin-FordBy Martin Ford who is author of Rise of the Robots and The Lights in the Tunnel two books about AI, job automation & the future economy.

In this talk recorded at the RSA, leading expert on AI and the robotics revolution Martin Ford offers both an exploration of this new technology and a call to arms to face its radical implications. The world is being transformed by a profound technological revolution, dominated by digital – a second machine age. Digital technology is changing all our lives, work, society and politics. It is clear that unless we radically reassess the fundamentals of how our economy and politics work, we risk a future of massive unemployment and inequality.

This talk was posted in the Social Europe journal on November 19, 2015
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Robot revolution: rise of ‘thinking’ machines could exacerbate inequality

Global economy will be transformed over next 20 years at risk of growing inequality, say analysts.

By Heather Stewart, the Observer’s economics editor

This article was first published in the British newspaper The Guardian

A “robot revolution” will transform the global economy over the next 20 years, cutting the costs of doing business but exacerbating social inequality, as machines take over everything from caring for the elderly to flipping burgers, according to a new study.

Robots

Robots performing manual jobs, such as hoovering the living room or assembling machine parts, the development of artificial intelligence means computers are increasingly able to “think”, performing analytical tasks once seen as requiring human judgment.

In a 300-page report, revealed exclusively to the Guardian, analysts from investment bank Bank of America Merrill Lynch draw on the latest research to outline the impact of what they regard as a fourth industrial revolution, after steam, mass production and electronics.

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