By Karola Klatt – In the wake of the financial and economic crisis, youth unemployment has skyrocketed in almost all industrialised countries, especially in southern Europe. When the impact on the labour market peaked in Italy in 2014, 42.7 percent of 14-25-year-old job-seekers were without work. In Spain, the figure was as high as 55.5 percent in 2013, while it stood at 58.3 percent in Greece in the same year.
Failing to secure a job means young adults face a hurdle right at the start of their independent lives. They remain reliant on their parents, boosting feelings of exclusion and helplessness.
It is a political as well as economic challenge, as those lacking prospects often veer towards extremist and populist movements. Anti-democratic attitudes commonly emerge from a context of personal crises: a sense of being socially excluded and an inability to improve one’s lot often triggers a rejection of the ruling system.
Switzerland, Norway and Germany have however not witnessed a dramatic increase in youth unemployment in the aftermath of the crisis. One reason for this, according to experts, is the success of the dual training system which is particularly important in Germany, Austria and Switzerland.
In Germany, young people and young adults gain hands-on experience of their future professions in companies, while completing the theoretical part of their training in vocational schools. Ideally, trainees should be taken on by the training company after their apprenticeship. Where this is not possible, they can use the experience gained during their apprenticeship to apply to other companies, thus easing their transition to working life. more>
Posted in Business, Economic development, Economy, Education, How to, Net, Technology
Tagged Business improvement, Capital, Education, Internet, Jobs, Technology, Unemployment
AI for Good’ or scary AI?
By Neil Sahota and Michael Ashley – Some futurists fear Artificial Intelligence (AI), perhaps understandably. After all, AI appears in all kinds of menacing ways in popular culture, from the Terminator movie dynasty to homicidal HAL from 2001: A Space Odyssey.
Though these movies depict Artificial General Intelligence (AGI) gone awry, it’s important to note some leading tech scholars, such as George Gilder (author Life After Google), doubt humans will ever be able to generate the sentience we humans take for granted (AGI) in our machines.
As it turns out, the predominant fear the typical person actually holds about AI pertains to Artificial Narrow Intelligence (ANI).
Specialized, ANI focuses on narrow tasks, like routing you to your destination — or maybe one day driving you there.
Much of what we uncovered when cowriting our new book, Own the A.I. Revolution: Unlock Your Artificial Intelligence Strategy to Disrupt Your Competition, is that people fear narrow task-completing AIs will take their job.
“It’s no secret many people worry about this type of problem,” Irakli Beridze, who is a speaker at the upcoming AI For Good Global Summit and heads the Centre for Artificial Intelligence and Robotics at the United Nations Interregional Crime and Justice Research Institute, told us when interviewed for the book.
“One way or another, AI-induced unemployment is a risk we cannot dismiss out of hand. We regularly see reports predicting AI will wipe out 20 to 70 percent of jobs. And we’re not just talking about truck drivers and factory workers, but also accountants, lawyers, doctors, and other highly skilled professionals.” more>
Posted in Book review, Business, EARTH WATCH, Economic development, Economy, Education, How to, Media, Net, Science, Technology
Tagged AI, Artificial intelligence, Business improvement, Capital, International Telecommunication Union, Internet, ITU, Jobs, Leadership, Skills
By Stephane Kasriel – No matter where you look, so much rapid change is happening that even how companies manage their talent strategy is shifting. Gone are the days of HR managing workforce planning with an Excel spreadsheet. To remain not only competitive but relevant, more companies are turning to detailed workforce plans, and younger generations of managers are much more likely to be putting these plans in place. As they do, and as they ascend to more senior roles, they’re reshaping the future of work.
More than half of younger generation managers polled see future workforce planning as a “top priority” for their departments–nearly three times more than their baby boomer counterparts, according to my company Upwork’s 2019 Future Workforce Report.
Whereas baby boomers are known for keeping their employees close, millennials, who now make up more than half the U.S. workforce, overwhelmingly desire “flexible and fluid” work settings.
Younger generation managers are also more likely to see it as an individual’s right to work remotely. After all, they’ve grown up in the digital era. They do not understand why someone should be tethered to a desk nine-to-five if modern technology frees them to work anytime, anywhere, and from any connected device.
In fact, many believe they are more productive working remotely than they would be in rigid office environments with all of their distractions. more>
Posted in Broadband, Business, Economic development, Economy, Education, How to, Leadership, Net, Science, Technology
Tagged Broadband, Business improvement, Future, Internet, Jobs, Leadership, Work