David Rosenberg: White-collar jobs will be painful casualty of the coming AI revolution

Posted by & filed under Control, Decision Making, Ethics & Social Responsibility, Management, Organizational Behavior, Strategy.

Description: Goldman Sachs has estimated a quarter of all tasks will be exposed to AI takeover, putting 300 million jobs globally at risk Source: FinancialPost.com Date: Apr 11, 2023 Link: https://financialpost.com/fp-work/white-collar-jobs-casualty-ai-revolution Questions for discussion: What does the report say about the impact AI might have on white collar jobs? Do you agree with the analysis… Read more »

Walmart chases higher profits powered by warehouse robots and automated claws

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Description: BROOKSVILLE, Fla. — At first glance, this warehouse looks like many: Forklifts unload pallets from the back of dozens of tractor-trailers. Canned soup, soda and cleaning supplies whiz by on conveyer belts. Store-bound merchandise gets sorted by department and store aisle before getting stacked high like an elaborate game of Tetris. The difference? Tasks… Read more »

Algorithmic Management: The Role of AI in Managing Workforces

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Description: Successful implementation requires new competencies and ethical considerations. Source: Sloanreview.mit.edu Date: Apr 05, 2023 Link: https://sloanreview.mit.edu/article/algorithmic-management-the-role-of-ai-in-managing-workforces/ Questions for discussion: Summarize what the article says about creating a working relationship between workforces and AI tools. What do you think of this analysis? What would you add to this discussion?

Doctors are drowning in paperwork. Some companies claim AI can help

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Description: When Dereck Paul was training as a doctor at the University of California San Francisco, he couldn’t believe how outdated the hospital’s records-keeping was. The computer systems looked like they’d time-traveled from the 1990s, and many of the medical records were still kept on paper. Source: NPR.org Date: Apr 05, 2023 Link: https://www.npr.org/sections/health-shots/2023/04/05/1167993888/chatgpt-medicine-artificial-intelligence-healthcare Questions… Read more »

Women now dominate the book business. Why there and not other creative industries?

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Description: These findings and others come from a new study by Joel Waldfogel, an economist at the University of Minnesota’s Carlson School of Management. Waldfogel crunches the numbers on the book market’s female revolution. And, in a recent interview, the economist helps us think through potential reasons why women trail men in many creative industries, but have… Read more »

Helping Others at Work Without Burning Out

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Description: To foster a sustainable culture of workplace helping, organizations should prioritize self-compassion and effective strategies for healthy collaboration. Source: Sloanreview.mit.edu Date: Mar 21, 2023 Link: https://sloanreview.mit.edu/article/helping-others-at-work-without-burning-out/ Questions for discussion: Summarize what the article says about creating a sustainable and helping organizational culture. What are the benefits to the organization? What are your thoughts on… Read more »

Does Money Buy Happiness? Here’s What the Research Says

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Description: Reconciling previously contradictory results, researchers from Wharton and Princeton find a steady association between larger incomes and greater happiness for most people but a rise and plateau for an unhappy minority Source: knowledge.wharton.upenn.edu Date: Mar 28, 2023 Link: https://knowledge.wharton.upenn.edu/article/does-money-buy-happiness-heres-what-the-research-says/ Questions for discussion: What did the research find and why was it so surprising? What… Read more »

Trex CEO: One thing leaders should keep in mind

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Description: During a time of economic uncertainty, what’s one thing leaders should keep in mind? ‘Be willing to be bold in the decisions that you make,’ said Trex (TREX) CEO, Bryan Fairbanks. Source: Yahoo.Finance.com – video report Date: Apr 01, 2023 Link: https://ca.finance.yahoo.com/video/trex-ceo-one-thing-leaders-100057892.html Questions for discussion: Summarize the key points CEO, Bryan Fairbanks has to say to… Read more »

WestJet pilots to launch strike authorization vote as negotiations fizzle

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Description: The union representing WestJet pilots will launch a strike authorization vote Monday as contract talks with management drag on, the Air Line Pilots Association said Friday. Bernard Lewall, who heads ALPA Canada’s WestJet contingent, said its 1,600-person membership is “frustrated” after six months of bargaining with a company he claims has failed to seriously… Read more »

Strains Emerge Inside the Union That Beat Amazon

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Description: Nearly a year after its victory on Staten Island, the Amazon Labor Union is grappling with election losses and internal conflict. Source: NYTimes.com Date: Mar 21, 2023 Link: https://www.nytimes.com/2023/03/21/business/amazon-labor-union.html?smid=em-share Questions for discussion: Summarize what the article says about the relationships between the union organizers, the workers and the firm? What are your thoughts about… Read more »