The covid crisis will lead to increased automation

An increasing amount of literature predicts a Jobless Future, because of automation and AI - with the Bank of England recently estimating that 40% of current jobs – including some considered to be ‘professional’ could be lost in the next few decades, a result of the Fourth Industrial Revolution, or a Second Machine Age. Yet … Continue reading The covid crisis will lead to increased automation

Should university admission procedures be changed?

The government has announced that it will review higher education admissions to improve social mobility. Gavin Williamson says the current admissions system penalises bright pupils from more disadvantaged backgrounds. While the overall trend is for grades to be over-predicted, Institute of Education research says that socially disadvantaged students are likely to be marked down. The … Continue reading Should university admission procedures be changed?

Covid and the furlough – new types of green jobs, backed by automation is the way forward.

Writing about industrial capitalism over 150 years ago, Marx thought that the replacement of workers by machines would be a consequence of increased competition and the push to restore the rate of profit. This would lead to mass unemployment and increased poverty and misery amongst the proletariat. Yet at least, until now, falls in the … Continue reading Covid and the furlough – new types of green jobs, backed by automation is the way forward.

Forever Young….

Since the start of the pandemic, official unemployment figures have been distorted by the furlough, but now, with just over 2 million workers still furloughed and with the scheme being replaced by new funding arrangements from the end of this month, the Resolution Foundation https://www.resolutionfoundation.org/publications/jobs-jobs-jobs/ predicts an unemployment rate of just over 7 per cent … Continue reading Forever Young….