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Monday, September 16, 2019

Tag: automation

Jobs may be lost, group says as banks go digital

The Malaysian Commercial Banks Association says this is a necessary direction if banks wish to remain relevant.

Up to 54% of current jobs will be affected by automation,...

He says half of the companies expect automation to lead to some reduction in their full-time workforce by 2022.

Study: Robots to take 20 million jobs by 2030, worsening inequality

A new study expects robots to take over some 20 million manufacturing jobs worldwide by 2030, extending a trend of worsening social inequality while boosting overall economic output.

China government advisers worry about AI taking over jobs

The China Association for Promoting Democracy says AI will cause a “significant drop” in the demand for low-skilled workers and challenges employees in many sectors.

MTUC: Raise wages to attract local workers first, then go into...

Its secretary-general J Solomon says the government must carefully study the plan to automate the manufacturing and agricultural sectors as the social costs are high.

Mid-term review calls for greater automation, less foreign workers

The government plans to enhance automation and regulate stringently the number of foreign workers while also amending the Employment Act 1955.

UK automation picks up as flow of European workers slows ahead...

BoE Governor Mark Carney said last month that one in 10 British jobs was at risk over the long term from automation, including artificial intelligence and robotics.

WEF: Tech to cost Southeast Asia millions of jobs, doom ‘factory...

Vietnam's Prime Minister Nguyen Xuan Phuc told the forum technology could spell doom for the Asian factory model of growth that has driven his country in recent years.

IBM, GM, Lockheed Martin join work automation council

Council will advise the government on how to deal with the threat of automation facing American workers.

China’s Baidu rolls out self-driving buses

The 14-seater Apolong, about one-third of the size of a normal bus, has no steering wheel, driver's seat, accelerator or brake.

Dr M: High income without high productivity meaningless

The former PM says PH plans to improve the management and efficiency of industries to increase productivity.

MTUC on why local workers don’t get RM2,700 minimum pay

It says the government is to blame for the influx of foreign workers which has resulted in low wages.

Johari: Raise minimum wage slowly to protect SMEs

Second Finance Minister Johari Abdul Ghani says SMEs must be able to absorb the minimum wage, otherwise they will shut down.

Think of automation, restaurants told

It will reduce reliance on foreign labour, says Nur Jazlan.

Artificial intelligence poses risks of misuse by hackers, researchers say

The study sounded the alarm for the potential misuse of AI by rogue states, criminals and lone-wolf attackers.

‘Automation not about taking away jobs’

It can lead to increased opportunities and also value-added roles for workers, says consultant.

Malaysia moving to cut dependence on foreign workers

Local factories are turning to automation following increased government pressure to take better care of foreign workers, but some firms are moving out.

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