These would affect all aspects of HR functions such as the way HR professionals on-board and hire people, and the way they train them
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Artificial intelligence (AI) is changing all aspects of our lives and that too at a rapid pace. This includes our professional lives, too. Experts expect that in the days ahead, AI would become a greater part of our careers as all companies are moving ahead with adopting such technology. They are using more machines that use AI technology that would affect our daily professional activities. Soon enough, we would see machine learning and deep learning in HR too. It would affect all aspects of HR (human resources) such
What is the impact of technology on labor and today’s workforce? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.
Answer by Maëlle Gavet, Technology Executive, Entrepreneur, and Author, in her Session:
Tech companies have generally fixated on increasing productivity and profits by automating work, and thus eliminating jobs. The gig economy is merely positive branding for the same impulse – to reduce the complexity and costs of managing real, live human employees. Fundamentally, in most cases (there are exceptions), it’s a way for companies to keep a lion’s share of the profits.
While the digital revolution has undeniably created new jobs, the jury is still out there when it
California is a beacon for global innovation, home of Silicon Valley and a center for space tech. Its economy outpaces many nations, beating both the Russian Federation and Italy for gross domestic product. Big name enterprise players, the U.S. military, and government all vie for top talent; and there isn’t enough to go around.
“There’s over 37,000 vacancies that we know of in California just alone in cybersecurity,” said Stewart Knox (pictured), undersecretary at the California Labor and Workforce Development Agency.
And demand is forecast to grow. As aerospace innovators break business free of the confines of gravity, the need to secure satellites and space-based operations is going to boom.
Knox spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during the Space & Cybersecurity Symposium. They discussed how California is addressing the skills gap in cybersecurity. (* Disclosure below.)
Trump administration on Tuesday announced the interim final rule that restricts H-1B visas to protect American workers.
The new rules include tightening the currently regulations proposed by Department of Homeland Security and new wage rules for the skilled immigration visa, proposed by the Department of labor. While the former will come into to effect 60 days after publishing in the Federal Register, the latter will come into effect on Thursday right after publishing.
These regulations are also expected to impact a third of H-1B petitions. Immigration experts pointed out that these changes are expected to be challenged in the court.
The new rule will do three things.
1. It will narrow the definition of specialty occupation.
2. Additional documentation required by companies to prove that they need the H-1B workers to
The transition to remote work may be behind us, but there’s a lot of uncertainty about what work will look like in the future.
How long will employees work remotely? What will new offices look like? How will workers stay connected in a hybrid world?
Shankar Iyer, senior vice president and general manager for end-user computing at VMware, said that many employees don’t plan on returning.
“The remote work revolution is already producing many, many positive benefits,” said Iyer at VMworld 2020. “While we can talk about cost savings and the ability of employees to live wherever they want, here’s another interesting effect: Three-quarters of employees say that since the wave of remote work began, employees outside of corporate headquarters feel far more empowered to make decisions.”
While there are other benefits, such as more flexibility for employees and a larger recruiting pool for businesses, many organizations weren’t set up
Storied materials-science company Dow Inc. (DOW) – Get Report said that it would restructure, cutting “workforce costs” 6% and taking $500 million to $600 million of third-quarter charges for the effort.
It didn’t specify the amount of any layoffs.
The restructuring stems from the coronavirus pandemic, which has curbed demand for Dow products, the company said.
Besides the 6% cost cut, the revamp includes “[rationalizing] certain manufacturing assets,” the Midland, Mich., company said in a statement.
“These actions are expected to result in total annualized [earnings before interest, taxes, depreciation and amortization] savings of more than $300 million by the end of 2021.”
The industrial intermediates-and-infrastructure segment will shut certain amines and solvents facilities in the U.S. and Europe, as well as select small-scale downstream polyurethanes manufacturing facilities.
The performance-materials-and-coatings unit will shutter manufacturing assets, primarily small-scale coatings reactors.
“Given the expected gradual and uneven global economic recovery
HOUSTON, Sept. 29, 2020 /PRNewswire/ — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a new EY survey: Oil and Gas Digital Transformation and the Workforce Survey 2020. In fact, 58% said the COVID-19 pandemic has made investing in digital technology more urgent, with a majority planning to invest a great deal (29%) or moderate amount (51%) relative to their total budget.
“The COVID-19 pandemic has accelerated the timeline for some digital technology adoption from five years to three months,” said Andy Brogan, EY Global Oil & Gas Leader. “The cost savings digital can deliver is critical for survival in today’s low-price environment, as oil and gas companies look to gain greater operational efficiencies and drive productivity across the value chain. However, to capture the full value of these investments, oil and gas
VMware Secure Access Service Edge Platform Adds New Capabilities to Empower Organizations to Intelligently Manage and Better Secure Access to Applications and Information
This week at VMworld 2020, VMware, Inc. (NYSE: VMW) is announcing VMware Future Ready Workforce solutions to provide exceptional workforce experiences, end-to-end Zero Trust security controls, and simplified management. The Future Ready Workforce solutions combine VMware Secure Access Service Edge (SASE), Digital Workspace and Endpoint Security capabilities to help IT manage and optimize more secure access to any app, on any cloud, from any device while providing a simple, high performant, and a safer user experience for the distributed workforce.
“Organizations are navigating one of the most significant disruptions of our generation. These challenges will accelerate a shift to cloud-centric strategies, like SASE, that address the requirements of enabling people to work from anywhere,” said Rajiv Ramaswami, chief operating officer, products and cloud services, VMware. “The VMware
The workforce is changing in the wake of a global pandemic. Learn some insights from industry executives about what companies and employees should be doing to evolve accordingly.
As a system administrator and tech writer, I’ve been working from home for months for my first job and years for my second. It’s still a challenge for me at times, making sure I have the right tools, focus, and productivity levels I need to handle my various tasks.
I’m not alone in facing these hurdles: Review42 reports that 55% of businesses globally offer some capacity for remote work, and 18% of the workforce telecommute on a full-time basis. Results have been largely positive, but further efforts will be needed as the future of work evolves in order to ensure companies and employees get the most out of it.