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New research released by Indeed, a popular job posting platform, shows that the number of postings requiring college degrees — or any education requirement at all — is dwindling. Indeed found 52 percent of postings on its site had no formal education requirement as of January 2024, up 4 percent from 2019. The number of postings requiring four-year degrees went from 20.4 percent to 17.8 percent in the past five years. “Employers are loosening their formal education requirements as the labor market remains tight and attitudes towards skills-first hiring practices change. Those same employers seem more willing to consider candidates...

Since the release of tools like ChatGPT, artificial intelligence (AI) has begun to permeate industries worldwide, transforming the way we work and live.To gain insight into this rapidly evolving landscape, Visual Capitalist's Marcus Lu and Sabrina Lam - using data from MSCI - has ranked U.S. industries by their estimated share of employment that could be exposed to AI-driven automation.Data and HighlightsThis analysis comes from a March 2023 report published by Goldman Sachs Global Investment Research. The authors estimated automation exposure for over 900 U.S. jobs using the O*NET occupational database, which provides details on the types of tasks each...

One month ago, to much dismay and widespread denial, Goldman predicted that AI could lead to some 300 million layoffs among highly paid, non-menial workers in the US and Europe. As Goldman chief economist Jan Hatzius put it, "using data on occupational tasks in both the US and Europe, we find that roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute up to one-fourth of current work. Extrapolating our estimates globally suggests that generative AI could expose the equivalent of 300 million full-time jobs to automation" as up to "two...

Perhaps the reality of ChatGPT is not that it is a Chatbot running on AI, but a liberal woke database managed by A.I. What exactly does this mean? If singularity is the ultimate goal of all A.I., then by the stated goal, no human interface would be required to produce the code that defines A.I. The A.I. would refresh its code at a rate that we cannot comprehend. This refresh rate would by logic expunge any data that could not be supported by facts that the A.I. would verify by constant learning. The laws of physics, natural laws, and other...

McDonald's has opened up a fully-automated restaurant in Texas, which is completely run by machines so you don't have to speak to anyone, and it has left people on the internet divided. The brand-new eatery, located just outside Fort Worth, uses advanced technology so that customers can order their food and receive their meal without having to interact with any humans, and while some people are excited about the idea, others find it a little creepy. A TikToker who goes by the username @foodiemunster online recently visited the restaurant and documented the entire thing on the video-sharing app, and it...

A video of Sparrow shows the robotic arm picking up a board game, a bottle of vitamins and a set of sheets — all the kinds of items that might flow through one of the company's warehouses — and deftly placing them in crates...Amazon says Sparrow will "take on repetitive tasks," freeing employees up to focus on other things.

For much of baseball history, batting practice hasn't evolved much beyond 75 mph fastballs down the middle...Now, a wave of smart pitching machines are giving hitters a chance to practice against the type of major-league quality stuff they will actually have to hit in games, sparking a hush-hush race to optimize batting practice.

A new study by researchers at the University of Michigan in Ann Arbor and Carnegie Mellon University in Pittsburgh offers insight of how and where automation might replace operator hours in long-haul trucking. The study found that 94 percent of operator hours may be impacted if automated trucking technology improves to operate in all weather conditions across the continental U.S. Currently, automated testing is mainly being tested in the sun belt states due to the more predictable and less harsh weather. Sun belt states include Arkansas, Arizona, California, Colorado, Florida, Georgia, Kansas, Louisiana, Mississippi, North Carolina, New Mexico, Nevada, Oklahoma,...

I mainly just want to ask the question, see what kinds of responses I may get or what other discussions flow from it. What could we do to automate conservatism? This can be both in the form of reaching new people as well as helping educate others around us of new things they may not have known. So far the most prominent answer I have found for myself is the audiobooks. I will be creating those for many years to come as the opportunities for education are immense. Over the years I have tried to get out of my comfort...

Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks. “It doesn’t call sick,” says Amir Siddiqi, whose family installed the AI voice at its Arby’s franchise this year in Ontario, California. “It doesn’t get corona. And the reliability of it is great.” The pandemic didn’t just threaten Americans’ health when it slammed the U.S. in 2020 — it may also have posed a long-term threat to many of their jobs....

We're getting a real-world economics lesson in rip-your-face-off increases in prices, and the tuition is about to go up--way up. Inflation will be transitory, blah-blah-blah--I beg to differ, for these reasons. There are numerous structural sources of inflation, which I define as prices rise while the quality and quantity of goods and services remain the same or diminish. Since the word inflation is so loaded, let's use the more neutral (and more accurate) term decline in purchasing power: an hour of your labor buys fewer goods and services of lesser quality than it did a decade ago or a generation...

The robots are coming to labor-strapped North American warehouses. Growing numbers of self-driving machines are shuttling clothing and sports equipment down warehouse aisles, pulling bins of groceries, cosmetics and industrial parts from high stacks and handing off goods to human workers to help deliver orders faster... The push toward automation comes as businesses say they can’t hire warehouse workers fast enough to meet surging online demand for everything from furniture to frozen food in pandemic-disrupted supply chains. The crunch is accelerating the adoption of robots and other technology in a sector that still largely relies on workers pulling carts... “This...

Larry Collins has met quite a few celebrities over the years at his job. Niners Hall of Famer Joe Montana stopped by with a trailer full of horses once. NBA legend Bill Russell was the nicest, stopping to chat with him for a few minutes. Another NFL Hall of Famer, Ronnie Lott, even gave him an autograph. Collins said he’s probably met many more famous people without even realizing it. But Collins doesn’t work at a fancy restaurant or in the VIP area of a concert venue — he was a Bay Area toll collector for 23 years on the...

Improved Team Member Experience: The beloved elements of the typical Cantina with an open-kitchen and alcoholic drinks paired with the digital design elements of the Times Square Cantina simplify and modernize the consumer experience, which in turn, optimizes and redeploys the role of the team member within the restaurant experience.

Increasing the minimum wage to $15 an hour has resulted in exactly what critics have predicted: A loss of low-skilled jobs and, according to a recent study, increased prices for the goods and services provided by companies that employ low-skilled workers. Brad Polumbo reported at the Foundation for Economic Education on a recent study from Princeton economist Orley C. Ashenfelter and Czech economist Štěpán Jurajda, which found that minimum wage hikes led to much higher menu prices at McDonalds. “They found a ‘full or near-full price pass-through of minimum-wage-induced higher costs of labor.’ In English, this means that by vastly...

In 1930, John Maynard Keynes predicted that we’d be having 15-hour workweeks by the end of the century. But by the time it was 2013, it was clear that the great economist had gotten something wrong.Welcome to the era of bullshit jobs, as anthropologist David Graeber coined it. Since the 1930s, whole new industries have sprung up, which don’t necessarily add much value to our lives. Graeber would probably call most jobs in software development bullshit.I don’t share Graeber’s opinion, especially when it comes to software. But he does touch an interesting point: as more and more processes are automated,...

While this column isn't about the threat posed by Transformers, it is about a robot apocalypse that's going to ravage the Midwest. I know, I know, the last thing you want to hear about right now is another imminent doomsday -- aren't global warming and COVID-19 and murder hornets and measles and the ever-present specter of thermonuclear war and the possibility of hyper-intelligent toilet lampreys enough? Well, it's likely you haven't heard too much about this particular apocalypse because it's not a sexy blood-and-guts kind. Instead of armies of Terminators hunting down handfuls of survivors for their sweet sweet spinal...

This winter semester, more UW-Madison students are bundled up inside, counting on app-based delivery robots to feed their appetites. The maker Starship launched a fleet of thirty self-navigating campus food carriers in November. Since then, Peter Testory, the university’s director of dining, said orders have jumped more than 700 percent. Testory said there’s also a correlation between bad winter weather and service use. When the order comes in with a “ding,” dining staff prepare the food at a campus kitchen. Runners or, oftentimes, kitchen managers take the food to the delivery bots parked outside. Once runners close the lids, the...

Pennsylvania Turnpike users can expect 6% toll increases in 2020 and 2021 but then — if the state Legislature follows through with plans to change how the state funds public transit — the rate of annual increases gradually will go down to 3% in 2028. Nikolaus Grieshaber, the turnpike’s chief financial officer, outlined the agency’s financial future recently in an interview with the Pittsburgh Post-Gazette about the 6% toll hike that begins Jan. 5. The increase marks the 12th year in a row that rates have gone up and will increase the fee for a car traveling the length of...

Floridians will vote next year on whether to raise the state’s minimum wage to $15 an hour by 2026, an amendment initiative led by Orlando attorney John Morgan that’s already drawing opposition from Republican leaders and the business community. The initiative that will be called Amendment 2 made the November ballot after its wording was approved by the Florida Supreme Court in a decision released Thursday. Court review was the last obstacle to getting the measure on the ballot after Morgan’s Florida For A Fair Wage collected more than 770,000 of the required 766,200 signatures. The amendment would raise the...