Is mining a bellwether for automation’s impact on employment?

robot1In the next decade, the mining industry may lose more than half of its jobs to automation, according to a new report. That’s not based on future technologies, but on automated equipment being deployed today.

The mining industry is primed for automation. It’s capital intensive, buys expensive equipment and pays relatively well.

This industry is adopting self-driving trucks, automated loaders and automated drilling and tunnel-boring systems. It is also testing fully autonomous long-distance trains, which carry materials from the mine to a port, according to the report by the International Institute for Sustainable Development in Winnipeg, Canada.

A broader question is whether mining is a bellwether for other industries. There’s no clear answer, but what Aaron Cosbey, a development economist with the institute and a report author, can say is this: “Where you can find robotic replacements for human labor you tend to do it.”

Robotics, driverless tech are taking over mining jobs

 

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technological unemployment.

“For most people, a secure, well-paid job is the difference between a reasonable life and penury. Today, changes in the structure of the work force driven by globalization and technology make this objective increasingly elusive.

Technology has exacerbated declines in employment and incomes by eliminating tasks and “de-skilling” many jobs.

Robotics and complex computerized equipment has successfully replaced skilled labor. Computer software is now replacing journalists, synthesizing news items electronically by crawling the internet. Even traders in financial markets are being replaced by automated algorithms.”

Workers will simply try to survive, rather than prosper, as tech takes over the economy

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Guccifer’s warning against the electronic apocalypse and rise of the machines…

Below is the Guccifer 2.0 transcript provided to Forbes. It will most likely be removed from the web, or hidden behind a paywall. I am preserving it here.

apocalypse


Hello everyone. This is Guccifer 2.0. I’m sure you know me because my name is in the conference program list. As I see it, this is the place to discuss cyber security and cyber threats. And may be to propose some solutions.

Let’s figure out who poses the real threat to begin with. Cyber security firms are quick to blame hackers for their activity. Yeah, they cause a lot of troubles for business and politics.

But, who poses a real cyber threat? What do you think? Is it Guccifer? Or Snowden? Or Assange? Or Lazar?

No.

It seems obvious. It’s plain as day you would say. But still my answer is no.

Large IT companies pose a real cyber threat nowadays. You may perfectly know some of them or may not. But their responsibility for the future of our world is growing from day to day. And I will explain to you why.

Continue reading “Guccifer’s warning against the electronic apocalypse and rise of the machines…”

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Finally, a story about middle management being replaced by robots…

“So, the first wave of fast food robots did not replace all of the burger flipping employees as everyone had expected. The robots replaced middle management and significantly improved the performance of minimum wage employees. All of the other fast food chains watched the Burger-G experiment with Manna closely, and they started installing Manna systems as well. Soon, nearly every business in America that had a significant pool of minimum-wage employees was installing Manna software or something similar. They had to do it in order to compete. ”

Manna: Two Views of Humanity’s Future

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The 4th Industrial Revolution

Steam Engine

“The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.

The Fourth Industrial Revolution: what it means, how to respond

 

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