Tech & Science : AI is coming for white-collar tech jobs. Here's what that will mean for your pricey STEM degree. - - PressFrom - Australia
  •   
  •   

Tech & Science AI is coming for white-collar tech jobs. Here's what that will mean for your pricey STEM degree.

23:22  21 november  2019
23:22  21 november  2019 Source:   businessinsider.com.au

The Best Click Frenzy Tech Deals (So Far)

  The Best Click Frenzy Tech Deals (So Far) Click Frenzy is back and we're here to give you the low down on the best tech deals so you don't have to go hunting yourselves. 50% off Sony goods, a cheap dyson V11 and discounted Apple products are only a few of the things we've dug up. We'll keep updating this article as more deals go live so keep checking back! Click Frenzy doesn't officially kick off until 7pm tonight, but some other retailers have already jumped on the bandwagon and have some non-affiliated deals live now.50% Off SonySony Australia will be offering 50% off selected cameras, TVs, headphones more across the click frenzy period.

AI is coming for white - collar tech jobs . Here ' s what that will mean for your pricey STEM degree . The study comes at a time when college degrees are pricier than ever. As Business Insider's Hillary Hoffower reported, the cost of undergraduate degrees rose by 213% for public

Until recently, most white - collar , service-sector and professional jobs were shielded from automation by humans’ cognitive monopoly. Many studies have tried to estimate the total impact of recent, AI -linked automation on jobs . The Great Streaming Battle Is Here .

a man holding a wine glass: White-collar jobs in science and tech will likely be impacted the most by AI. White-collar jobs in science and tech will likely be impacted the most by AI.
  • White-collar, college-educated workers in business, tech, and finance are at greatest risk of having artificial intelligence impact their jobs, according to a new study from Brookings.
  • The report raises questions on how profitable or employable STEM (science, technology, engineering, and mathematics) college graduates will be in the future.
  • STEM grads currently have higher median household incomes and lower unemployment rates compared to the general graduate population.
  • Visit Business Insider's homepage for more stories.

Majoring in engineering might not guarantee you a lofty job much longer.

Boulder, San Jose, and... Ann Arbor? These are America's top 12 tech hubs, according to Bloomberg

  Boulder, San Jose, and... Ann Arbor? These are America's top 12 tech hubs, according to Bloomberg Silicon Valley has long dominated the market for tech talent in the United States. But according to Bloomberg's 2019 Brain Concentration Index, there are plenty of smaller cities across the country giving the tech hub a run for its money. Cities on the index are ranked out 100 based on factors, such as what percentage of their populations work in science, technology, engineer or maths jobs.Here are the top 12 tech hubs in the US, according to Bloomberg.Visit the Business Insider homepage for more stories.Silicon Valley might have some competition for tech talent from...

Maxim explains that AI will displace jobs in legal services, financial services, science, technology and more. He says we’re already seeing AI replace power “Better-paid, white - collar occupations tend to be the most exposed. A secondary group of exposure are higher-skilled production and manufacturing

Here ' s how AI will fit into TVs of the not-too-distant-future. On LG's line of Google Assistant-powered TVs, you'll be able to change the channel or Users have complained for years about the complexity of TV remotes. Those could eventually become extinct if we only need our voices to control our TVs.

A new study from Brookings found that workers with bachelor's and graduate degrees are five and four times more likely, respectively, to get impacted by AI than people with just a high school degree. Brookings can't predict whether the impact would mean job loss, but the technology will likely replace some job functions.

In addition to manufacturers, white-collar workers in business, finance, and tech industries face greater career consequences of AI impact when the technology becomes more advanced. These findings differ from other reports that say low-income workers will be the ones getting replaced by AI.

Mark Muro, a senior fellow at Brookings and lead author on the study, told Business Insider that the report suggests a college degree won't give graduates a "pass" on avoiding AI's potentially negative impact on jobs. STEM (science, technology, engineering, maths) graduates, who currently have lower unemployment than general grads, might not have as much job security when AI becomes more advanced.

Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key

  Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key Microsoft CEO Satya Nadella said he wants to see more digital technology coming out of Australia. At his keynote address during the Microsoft Innovate event in Sydney, Nadella highlighted some Australian businesses that are using Microsoft software, like Qantas training engineers with mixed reality glasses. Nadella also mentioned that when it comes to creating new technology, it is vital to build trust. Microsoft's CEO wants to see more digital applications coming out of Australia.

Here ’ s an idea how to help low-skilled workers: STOP calling them “low-skilled” workers! The bad news: The machines are coming for your job too. The technology to replace highly skilled white - collar workers exists right now… and an iconic American company will happily sell it In theory, the economy should create new, as-yet-unimagined jobs to replace those that are being automated.

" AI is going to eliminate a massive amount of white collar jobs ," Solomon said. "Loan officers are going to be made entirely obsolete by this "The other things that aren't really automatable are jobs like elder care and nursing. Of course there will be automations that make those jobs easier and

"I think this raises questions about whether STEM analysis, STEM education, or college degrees per se, offer a way to completely avoid these kinds of technology transitions at work," Muro said in an interview. "I think this throws attention on what we educate for and what we train for."

Unlike other surveys, Brookings analysed the "exposure," or how much of the job will get replaced or supplemented by AI, by comparing job descriptions to patents that have been filed for the technology. Other reports tend to be more subjective by using expert commentary, Muro said.

The study comes at a time when college degrees are pricier than ever. As Business Insider's Hillary Hoffower reported, the cost of undergraduate degrees rose by 213% for public schools and 129% for private schools, adjusting for inflation.

Plus, the total amount of student loans in the US has topped $US1 trillion. Hoffower has also reported that nearly half of college grads with debt don't think their college degree helped them earn more money.

Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key

  Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key November 20, 2019. Victorian Opposition Leader Michael O'Brien speaks to the media following the release of the report into the disasterous 2018 election. O'Brien acknowledges that there were many factors around funding disputes and a lack of advertising, but stops short of throwing his federal colleagues under the bus for their Abbott/Turnbull/Morrison distraction. (AAP Video/Alex Murray)

AI is set to have a big impact on high-wage, white - collar , and tech jobs , according to a new Brookings Institution study released today. The report analyzes overlap between job descriptions and patent database text, using NLP to assign each job an exposure score. “High- tech digital services such as

While blue-collar jobs seem like an easy target for automation, those who take a shower at the beginning of the day rather than the end are no more The bright minds at CB Insights recently put together a list of categories where AI is coming after white - collar jobs , what they refer to as Expert

The report may shock some STEM graduates who for years have been practically guaranteed high-paying work after graduation. All but two of the 20 highest-paying college majors are in some kind of engineering occupation, and the STEM college majors have higher median incomes and lower unemployment rates compared to the general graduate population.

Muro said exposure to AI does not necessarily mean job loss, and AI might just supplement work. But he said that AI exposure will likely lower wages and lead to job replacement if human workers can no longer bring "extra value" that AI can't.

Jobs that AI won't have as much impact on include relatively low-paying work in food preparation and education. The reason might be because these jobs require interpersonal skills that are difficult for machines to replicate. For instance, there are already machines that can flip burgers, yet fast food workers are cheaper and better at it so companies haven't invested much in the tech, wrote Ellen Ruppel Shell in her book, "The Job: Work and Its Future in a Time of Radical Change."

Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key

  Microsoft's CEO wants Australians to build their own apps – and says diversity and trust in tech is key November 20, 2019. NSW Treasurer Dominic Perrottet speaks during the launch of the NSW 2040 Economic Blueprint in Sydney. Mr Perrottet talks about what success will look like for NSW in years to come, saying past governments have been too focused on the next election, rather than taking a long term view. Mr Perrottet says despite a national slow down, NSW is “perfectly” positioned to take advantage of “the opportunities we have”. “If we look at the rise of Asia, two thirds of the world’s middle class by 2030 will be based in the Asian region. The opportunity for NSW to tap into this market will provide greater prosperity for our state into the future.” (AAP Video/Michael Wade)

White - collar apprenticeships never took off because policy drives over recent decades saw young people pushed Does this mean STEM apprenticeships could become the new normal? A move away from STEM university degrees and towards white - collar apprenticeships will not happen by the

Developments in robotics and technology mean more and more white collar jobs are being automated and performed by machines, according to experts, who also “Top of the list of those jobs was highly repetitive clerical-type activities. “Anything that is highly repetitive, that follows a repetitive

"It may be that college education, or educational training in general, should be [focused] on things like interpersonal relations and judgement ethical decision making," Muro said. "A college degree won't give someone a pass on dealing with these transitions but it also may be useful if it allows for people to be better equipped to do things that machines can't."

  • Read more:
  • Apple, Google, and Netflix don't require employees to have 4-year degrees, and this could soon become an industry norm
  • Blue-collar jobs like plumbing pay $US90,000 without a college degree, and it's driving more workers to trade school
  • The 20 most popular jobs of 2019
  • 3 million older Americans can't find high-paying jobs, and it has nothing to do with skills. Here's the one barrier they face that no one's addressing.

One Nation sided with 'CFMMEU thugs' by voting down union-busting bill: Porter .
By voting down the Ensuring Integrity Bill, One Nation has sided with CFMMEU "thugs" over hard-working Australians, according to Attorney-General Christian Porter. On Thursday, One Nation sided with the Greens and Labor against the bill, ensuring it would not pass parliament.Senator Hanson told Sky News on Friday she did not vote for the government’s bill to crack down on unions because it needed to shift its focus to white collar crime.“I want the government to address white collar crime. Don’t go after the unions if you’re not going to deal with the banks,” Senator Hanson said.

—   Share news in the SOC. Networks

Topical videos:

usr: 1
This is interesting!