This document discusses how technological changes from the digital revolution are transforming the world of work and presenting challenges. While technology has increased productivity, wages have stagnated in many countries, declining labor's share of GDP. The digital age has greatly benefited consumers but its impact on employment has been more disruptive. The nature of innovation is changing as well, as some new technologies allow automation of tasks previously considered human. This could affect a significant portion of the workforce and risks further widening inequality unless countries take steps to plan for these changes and ensure growth remains inclusive.
Based on these estimates, we examine expected
impacts of future computerisation on US labour market outcomes, with the primary objective of analysing the number of jobs at risk and the relationship between an occupation’s probability of computerisation, wages and educational attainment. According to our estimates, about 47 percent of total US employment is at risk.
This article aims to demonstrate the need for restructuring the education system in all countries of the world as a consequence of the profound changes that are occurring in the world of work due to the technological advance, especially with the use of artificial intelligence in productive activities.
Based on these estimates, we examine expected
impacts of future computerisation on US labour market outcomes, with the primary objective of analysing the number of jobs at risk and the relationship between an occupation’s probability of computerisation, wages and educational attainment. According to our estimates, about 47 percent of total US employment is at risk.
This article aims to demonstrate the need for restructuring the education system in all countries of the world as a consequence of the profound changes that are occurring in the world of work due to the technological advance, especially with the use of artificial intelligence in productive activities.
AI driven automation will create wealth and expand economies. Find out the views of the Executive Office of the US President in this AI Government led initiative.
CO-EVOLUTIONARY COUPLING BETWEEN CAPTURED AND UNCAPTURED GDP CYCLES:CROSS LEA...IJMIT JOURNAL
A solution to the critical problem of a dilemma between R&D expansion and productivity decline that a
majority of information and communication technology (ICT) leaders have been confronting in the digital
economy is expected. It can be expected by a spinoff from economic functionality-seeking GDP-based coevolution cycle to supra-functionality beyond an economic value-seeking uncaptured GDP-driven coevolution cycle. However, the transformation dynamism remains a black box.
The Transformation of Work in the Information AgeRitesh Nayak
A review of The Rise of the Network Society. Volume 1 of The Information Age: Economy, Society and Culture. Blackwell. pp. 216-354
and Frank Levy and Richard Murnane. 2004. The New Division of Labor: How Computers are Creating the Next Job Market.
Future of work An initial perspective by Andrew Curry of The Futures CompanyFuture Agenda
An initial perspective on the future of work by Andrew Curry of The Futures Company. This is the starting point for the global future agenda discussions taking place through 2015 as part of the futureagenda2.0 programme. www.futureagenda.org
Artificial Intelligence and mobile robotics are transforming businesses and the economy: this deck explores possible futures for companies and workers.
Big Data for New Industrialization and Urbanization Development: A Case Study...IJERA Editor
Industrialization and urbanization are considered as interdependent processes of recent economic development.
Innovations in technology and higher affordability of electronic devices have facilitated current age of big data.
Use of digital data provided modern urbanization which is an essential element of industrialization and rapid
income growth globally. Most manufacturing and service production is efficient when undertaken in urbanized
areas where organizations can readily follow best practice in technology and management. Over the past three
decades, China has achieved enormous economic growth, accompanied by a growing number of large cities.
The purpose of this paper is to identify prominent issues relating influence of big data on modern
industrialization and urbanization development in China as well as in other regions. The case study of China
was taken to understand the advancement of big data on industrialization and urbanization enhancement. It was
investigated that industrialization and the rise of the service sector appear to have influenced the growth of
urbanization, but their role was relatively small when compared to the direct effects of economic growth. In the
coming years, urbanization will become increasingly an opportunity as well as a challenge to the country‟s
effort to sustain rapid growth and maintain effective development
Top Cited Articles in 2018 - International Journal of Managing Information T...IJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
Trends in Information Technology for Economic & Social Development in 2020 - ...IJMIT JOURNAL
International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
MOST VIEWED ARTICLES IN ACADEMIA - International Journal of Managing Informat...IJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
AI driven automation will create wealth and expand economies. Find out the views of the Executive Office of the US President in this AI Government led initiative.
CO-EVOLUTIONARY COUPLING BETWEEN CAPTURED AND UNCAPTURED GDP CYCLES:CROSS LEA...IJMIT JOURNAL
A solution to the critical problem of a dilemma between R&D expansion and productivity decline that a
majority of information and communication technology (ICT) leaders have been confronting in the digital
economy is expected. It can be expected by a spinoff from economic functionality-seeking GDP-based coevolution cycle to supra-functionality beyond an economic value-seeking uncaptured GDP-driven coevolution cycle. However, the transformation dynamism remains a black box.
The Transformation of Work in the Information AgeRitesh Nayak
A review of The Rise of the Network Society. Volume 1 of The Information Age: Economy, Society and Culture. Blackwell. pp. 216-354
and Frank Levy and Richard Murnane. 2004. The New Division of Labor: How Computers are Creating the Next Job Market.
Future of work An initial perspective by Andrew Curry of The Futures CompanyFuture Agenda
An initial perspective on the future of work by Andrew Curry of The Futures Company. This is the starting point for the global future agenda discussions taking place through 2015 as part of the futureagenda2.0 programme. www.futureagenda.org
Artificial Intelligence and mobile robotics are transforming businesses and the economy: this deck explores possible futures for companies and workers.
Big Data for New Industrialization and Urbanization Development: A Case Study...IJERA Editor
Industrialization and urbanization are considered as interdependent processes of recent economic development.
Innovations in technology and higher affordability of electronic devices have facilitated current age of big data.
Use of digital data provided modern urbanization which is an essential element of industrialization and rapid
income growth globally. Most manufacturing and service production is efficient when undertaken in urbanized
areas where organizations can readily follow best practice in technology and management. Over the past three
decades, China has achieved enormous economic growth, accompanied by a growing number of large cities.
The purpose of this paper is to identify prominent issues relating influence of big data on modern
industrialization and urbanization development in China as well as in other regions. The case study of China
was taken to understand the advancement of big data on industrialization and urbanization enhancement. It was
investigated that industrialization and the rise of the service sector appear to have influenced the growth of
urbanization, but their role was relatively small when compared to the direct effects of economic growth. In the
coming years, urbanization will become increasingly an opportunity as well as a challenge to the country‟s
effort to sustain rapid growth and maintain effective development
Top Cited Articles in 2018 - International Journal of Managing Information T...IJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
Trends in Information Technology for Economic & Social Development in 2020 - ...IJMIT JOURNAL
International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
MOST VIEWED ARTICLES IN ACADEMIA - International Journal of Managing Informat...IJMIT JOURNAL
The International Journal of Managing Information Technology (IJMIT) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of the strategic application of information technology (IT) in organizations. The journal focuses on innovative ideas and best practices in using IT to advance organizations – for-profit, non-profit, and governmental. The goal of this journal is to bring together researchers and practitioners from academia, government and industry to focus on understanding both how to use IT to support the strategy and goals of the organization and to employ IT in new ways to foster greater collaboration, communication, and information sharing both within the organization and with its stakeholders. The International Journal of Managing Information Technology seeks to establish new collaborations, new best practices, and new theories in these areas.
SOIL promotes dignity, health, and sustainable livelihoods through the transformation of wastes into resources.
SOIL pilots sanitation social business models in Haiti, where only 25% of people have access to a toilet (globally 2.5 billion lack access to improved sanitation). The lack of safe, dignified toilets that work in conjunction with affordable waste treatment options not only results in contamination of water supplies with dangerous pathogens, it also represents a significant loss of nutrients and organic matter that could be used to improve soil quality.
SOIL’s work in addressing this crisis is unique in that it is one of the largest and most promising tests of the paradigm-shifting hypothesis that sanitation no longer needs to focus on waste disposal, but rather on transformation, allowing for the profitable capture and reuse of nutrients found in human waste.
In this file, you can ref cover letter materials for supply chain such as cover letter samples, cover letter tips, resume samples, types of interview questions, supply chain situational interview, supply chain behavioral interview…
Cognizant Community Europe 2017: Mastering Digital: Navigating the Shift to t...Cognizant
Executives gathered at Cognizant’s flagship European thought leadership conference heard how digital technologies in general and AI in particular are poised to generate significant economic growth.
Artificial Intelligence A Study of Automation, and Its Impact on Data Scienceijtsrd
AI is changing the exceptionally nature of work and information science is no special case. Will the more high demand specialized aptitudes of nowadays be required ten a long time from presently. How will the information science teach advance to meet the trade needs of a commercial center with ever increasing applications of AI. Mussaratjahan Korpali | Akshata Walikar | Kaveri Parshuram Vijapur "Artificial Intelligence: A Study of Automation, and Its Impact on Data Science" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49316.pdf Paper URL: https://www.ijtsrd.com/engineering/electrical-engineering/49316/artificial-intelligence-a-study-of-automation-and-its-impact-on-data-science/mussaratjahan-korpali
URBAN-X Cohort company CONTEXTERE delivers actionable intelligence to the last tactical mile of an industrial line to decrease human error, equipment downtime and safety incidents. Read the full report.
World Economic Forum Tipping Points ReportSergey Nazarov
Describes how 10% of global GDP will be on the blockchain and the value of the monumental shift started by Bitcoin.
Features SmartContract.com as The Shift in Action" for blockchain technology.
Evaluation of technology, trade, and inclusive development: Chinese experiencesAkhilesh Chandra Prabhakar
The present study begins by surveying, broadly supports the assertion that technology, trade, sustainability and
development-led globalization is the path in the Chinese context not adequately paid to attention except with very few
original or significant contributions. This research examines the existing pattern in the areas of trade, technology,
investment with a view to locate in the development context in the era of globalization. This study also investigates
theories of trade, technology movement under capitalist paradigm along with the empirical one. The survey broadly
supports the frequent, through usually undocumented, assertion that China’s socialist market paradigm was not
different from the capitalist mode of production as tended to neglect and to which they had made few if any original or
significant contributions. Alongside, this study used secondary data and analyzed, where the results confirmed that
foreign direct investment (FDI), trade and economic growth indicated the presence of long-run sustainable equilibrium
relationship between them but created income inequality gap widely among people. It is, thus, important for
policymakers to remove obstacles and improve the respective absorptive capacity in order to reap maximized positive
inclusive development with equality basis.
The Second Machine Age - an industrial revolution powered by digital technolo...Ben Gilchriest
There have been two big turning points in human history. The first was the industrial revolution, where machines replaced muscle power. The Second Machine Age is the time when machines are now able to take over a lot of cognitive tasks that humans can do. In this Capgemini interview with Erik Brynjolfsson and Andrew McAfee, authors of the recent book "The Second Machine Age" (www.secondmachineage.com), we get a summary view of what the 2nd Machine Age is, what it means for established companies, and how they should react.
I throughly recommend reading this book. It's an excellent summary of the impact and importance of digital and why it's important for companies to do more.
Advances in Artificial Intelligence (AI) technology and related fields have opened up new markets and
new opportunities for progress in critical areas such as health, education, energy, economic inclusion,
social welfare, and the environment. In recent years, machines have surpassed humans in the performance
of certain tasks related to intelligence, such as aspects of image recognition. Experts forecast that rapid
progress in the field of specialized artificial intelligence will continue. Although it is unlikely that
machines will exhibit broadly-applicable intelligence comparable to or exceeding that of humans in the
next 20 years, it is to be expected that machines will continue to reach and exceed human performance on
more and more tasks.
AI-driven automation will continue to create wealth and expand the American economy in the coming
years, but, while many will benefit, that growth will not be costless and will be accompanied by changes
in the skills that workers need to succeed in the economy, and structural changes in the economy.
Aggressive policy action will be needed to help Americans who are disadvantaged by these changes and
to ensure that the enormous benefits of AI and automation are developed by and available to all.
Following up on the Administration’s previous report, Preparing for the Future of Artificial Intelligence,
which was published in October 2016, this report further investigates the effects of AI-driven automation
on the U.S. job market and economy, and outlines recommended policy responses.
This report was produced by a team from the Executive Office of the President including staff from the
Council of Economic Advisers, Domestic Policy Council, National Economic Council, Office of
Management and Budget, and Office of Science and Technology Policy. The analysis and
recommendations included herein draw on insights learned over the course of the Future of AI Initiative,
which was announced in May of 2016, and included Federal Government coordination efforts and crosssector
and public outreach on AI and related policy matters.
Beyond this report, more work remains, to further explore the policy implications of AI. Most notably, AI
creates important opportunities in cyberdefense, and can improve systems to detect fraudulent
transactions and messages.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
Technology at work
1. Carl Benedikt Frey Michael Osborne
With contributions from Citi Research
Citi is one of the world’s largest financial institutions, operating in all major established and emerging markets. Across these world markets, our employees
conduct an ongoing multi-disciplinary global conversation – accessing information, analyzing data, developing insights, and formulating advice for our clients. As
our premier thought-leadership product, Citi GPS is designed to help our clients navigate the global economy’s most demanding challenges, identify future themes
and trends, and help our clients profit in a fast-changing and interconnected world. Citi GPS accesses the best elements of our global conversation and harvests
the thought leadership of a wide range of senior professionals across our firm. This is not a research report and does not constitute advice on investments or a
solicitation to buy or sell any financial instrument. For more information on Citi GPS, please visit our website at www.citi.com/citigps.
Citi GPS: Global Perspectives & Solutions
February 2015
TECHNOLOGY AT WORK
The Future of Innovation and Employment
2. Citi GPS: Global Perspectives & Solutions February 2015
Carl Benedikt Frey is Co-Director for the Oxford Martin Programme on Technology and Employment
and Oxford Martin Citi Fellow. He is a Doctor of Economic History at Lund University, an Economics
Associate of Nuffield College, University of Oxford and Specialist Advisor to the Digital Skills Select
Committee of the House of Lords. His research interests include the transition of industrial nations to
digital economies and subsequent challenges for economic growth and employment. In particular, his
work focuses on technology shocks and associated impacts on labour markets and urban development.
His work has been covered by the BBC, CNN, The Economist, Financial Times, Wall Street Journal,
Bloomberg, BusinessWeek, The New York Times, The Washington Post, Der Spiegel, Scientific
American, TIME Magazine, Forbes, and many other outlets.
Michael Osborne is Co-Director for the Oxford Martin Programme on Technology and Employment
and Associate Professor in Machine Learning at the University of Oxford. He is an Official Fellow of
Exeter College, University of Oxford and a Faculty Member of the Oxford-Man Institute for Quantitative
Finance. He is an expert in the development of machine intelligence in sympathy with societal needs.
His work on robust and scalable inference algorithms in machine learning has been successfully
applied in diverse and challenging contexts, from aiding the detection of planets in distant solar
systems to enabling self-driving cars to determine when their maps may have changed due to
roadworks. He also has deep interests in the broader societal consequences of machine learning and
robotics, and has analysed how intelligent algorithms might soon substitute for human workers.
Robert Buckland
Managing Director
Chief Global Equity Strategist
+44-20-7986-3947
robert.buckland@citi.com
Natalia Mamaeva
Director
Head of European Engineering Research
+44-20-7986-4077
natalia.mamaeva@citi.com
Graeme McDonald
Director
Japanese Machinery & Shipbuilding
Analyst
+81-3-6270-4732
graeme.mcdonald@citi.com
Ebrahim Rahbari
Director
Global Economics Team
+44-20-7986-6522
ebrahim.rahbari@citi.com
Joe Seydl
Senior Associate
Global Economics Team
+1-212-816-2473
joseph.seydl@citi.com
Robert Garlick
Managing Director
Global Equity Product Head
+44-20-7986-3547
robert.j.garlick@citi.com
Contributors
James Ainley
European Hotels & Leisure Analyst
Klaus Bergelind
European Machinery Analyst
Scott T Chronert
US Small/Mid-Cap/ETF Strategist
Andrew Coombs
European Banks Analyst
Jason Gursky
US Aerospace & Defence Analyst
Keith Horowitz, CFA
US Banks & Brokers Analyst
WIliam R Katz
US Brokers & Asset Managers Analyst
Arthur Lai
Asian Display and Touch Panel Analyst
Dr. Alex Leveringhaus
Oxford Martin School
Atif Malik
European Semiconductor Analyst
Mark May
US Internet Analyst
Itay Michaeli
US Autos & Auto Parts Analyst
Justin Morris
European Med Tech & Services Analyst
Walter H Pritchard, CFA
US Software Analyst
Ashwin Shirvaikar, CFA
US Computer Services & IT Consulting Analyst
Jim Suva, CPA
US IT Hardware & Supply Chain Analyst
Philip Watkins
European Autos Analyst
Kenneth Wong, CFA
US IT Hardware & Software Analyst
4. The Changing Nature of Innovation and Work
Addressing inequality brought on by technological change
ANNUAL SUPPLY OF INDUSTRIAL ROBOTS BY REGION PERCENT OF US JOBS AT RISK DUE TO COMPUTERISATION
Asia
Source: IFR World Robotics 2014 Source: Frey & Osborne (2013)
Europe
Americas
HIGH
47%
MEDIUM
19%
LOW
33%
186,000
55,000
2017E
40,000
2014
2012
46,000
41,218
28,137
33,700
120,000
84,645
5. PRODUCTIVITY HAS INCREASED FASTER THAN WAGES IN THE US
WHILE INCOME SHARE OF THE TOP 0.1% HAS INCREASED
Source: Bureau of Labor Statistics, Citi Research
Source: World of Top Incomes Database, Citi Research
250
1950 1960 1970 1980 1990 2000 2010
210
170
130
90
50
Real output per hour worked
Real compensation per hour worked
10
09
08
07
06
05
04
03
02
01
1950 1960 1970 1980 1990 2000 2010
US UK France Japan