Tag Archives: unemployment

Some Good News About The COVID-19 Pandemic

Email by Peter Diamandis
Greek American engineer, physician, and entrepreneur best known for being founder and chairman of the X Prize Foundation,  co-founder and executive chairman of Singularity University and coauthor of The New York Times bestsellers Abundance: The Future Is Better Than You Think and BOLD: How to Go Big, Create Wealth, and Impact the World. He is former CEO and cofounder of the Zero Gravity Corporation, cofounder and vice chairman of Space Adventures Ltd., founder and chairman of the Rocket Racing League, cofounder of the International Space University, cofounder of Planetary Resources, founder of Students for the Exploration and Development of Space, vice chairman and cofounder of Human Longevity, Inc.[2]

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Here is an email sent to me with encouraging news on the Coronavirus pandemic. This information is entirely Dr. Diamandis’ content sent to me and I thought it to be of interest to the visitors / readers of the Business Thinker, LLC .

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How about some good news for a change?

There have been A LOT of facts going around regarding COVID-19, and a flurry of “positive news” items to lift our spirits.

Here are a number of major victories from the Pandemic line. I’ve had my team fact-check these wins with links you can follow up on.

Continue reading Some Good News About The COVID-19 Pandemic

Job Prospects In Southeast Michigan Keep Growing – Unemployment At 16-Year Low

There’s good news for jobseekers; employers in southeast Michigan are hiring. From April through June, the region’s unemployment rate reached 3.8 percent—a low not seen since 2001. Yet, even with the number of job postings on an upward trend year-to-year, a stagnant labor force portends more workers will be needed to meet future employer demand in the region.

These latest findings and more are analyzed in the Q2 2017 labor market reports, compiled by the Workforce Intelligence Network for Southeast Michigan (WIN) for a 16-county area in southeast Michigan and other regions.

For the complete article please go to  http://bit.ly/2zde2sk

 

Robots v experts: are any human professions safe from automation?

Editor’s note: Given the intense discussion on the employment issues generated by the Robotics technology, I found this book presentation published by British www.theguardian.com very relevant and I am refering to it here.

By

Richard Susskind OBE is an author, speaker, and independent adviser to international professional firms and national governments. He is president of the Society for Computers and law IT adviser to the lord chief justice. Tomorrow’s Lawyers is his eighth book,

and

Daniel Susskind is an economist, lecturer at Balliol College, Oxford, and co-author with Richard Susskind of The Future of the Professions

The main themes of our book, The Future of the Professions, can be put simply: machines are becoming increasingly capable and so are taking on more and more tasks.

Many of these tasks were once the exclusive preserve of human professionals such as doctors, lawyers and accountants. While new tasks will certainly emerge in years to come, it is probable that machines will, over time, take on many of these as well. In the 2020s, we say, this will not mean unemployment, but rather a need for widespread retraining and redeployment. In the long run though, we find it hard to avoid the conclusion that there will be a steady decline in the need for traditional professional workers.

During the year after the book’s hardback publication in October 2015, we tested this line of argument on audiences of professionals in more than 20 countries, speaking to around 15,000 people at over 100 events. The response, frankly, was mixed. Our work seems to polarise people into those who agree zealously with our thesis, and those who reject it unreservedly. Both sides argue their views passionately.

For the entire article please click