Tag Archives: Employment

Opinion: China’s Youth Has Sacrificed Freedoms, Now Learn To “Eat Bitterness”

For generations, the Chinese Communist Party has held on to power partly through an implicit bargain with its citizenry: Sacrifice your freedoms, and in exchange, we’ll guarantee ever-rising living standards.
That deal has not held up for today’s youths.
Opinion | Ignatius, Summers, Rampell, more discuss China's economy in  turmoil - The Washington Post

Until quite recently, China’s young people seemed poised to take on the world — and many of them appeared to believe they would. They’ve shown a streak of hyper-nationalism, stoked by the country’s leadership and reinforced by China’s growing economic and geopolitical strength.

China’s Gen Z came of age, after all, in the wake of the country’s accession to the World Trade Organization and amid a rapid rise in incomes.

President Xi Jinping has said young people must learn to “eat bitterness” (an idiom that roughly means to toughen up by enduring hardship). Today’s youths, leaders say, are not too good for manual labor or moving to the countryside — experiences Xi and his generation once had to endure.

China’s resilience after the financial crisis, particularly relative to the sluggish recovery across most of the West, suggested China and its citizens had nowhere to go but up. Political dysfunction in many of those same Western democracies, expertly exploited by Chinese propaganda, reinforced this perception.

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Technology Review: AI Vs White-Collar Workers

Wall Street Journal (July 3, 2023) – Artificial intelligence doesn’t just make fantastical images. For white-collar workers, generative AI like ChatGPT can make jobs easier by creating drafts of documents or presentations.

Video timeline: 0:00 AI software 0:42 Why white-collar jobs? 2:01 AI and job cuts 3:52 What’s next?

Initial images, video and product designs could be taken over by machine learning tech. In fact, one report says nearly 4,000 workers lost their jobs in May to AI. Dropbox cut 16% of its workforce in part to invest more in the tech, while IBM sees a future where 30% of clerical work could be taken over by AI.

WSJ explains why AI may take some white-collar jobs – but also add new ones.

#AI #Layoffs #WSJ

ChatGPT: Is Society Really At Risk With Generative AI?

euronews (June 15, 2023) – What does it mean to be human? An age-old philosophical question, thrown into the spotlight by the rise of #AI, which has managed to pass the sentience test created by Alan Turing.

In this first episode of Euronews Tech Talks, an Italian programmer delegates code-writing, a French artist reinvents her practice, a Cypriot student brainstorms, and a German teacher ignites minds.

Released a mere six months ago in November, ChatGPT has already become the fastest-growing consumer application. With this rapid growth, how is AI affecting life across Europe?

The education system is scrambling to catch up with #AI, but it’s not all doom and gloom for teachers. Dr. @sabinehauert and Dr. Matthew Glanville tell us about the benefits of this technology in the classroom, and how it can help diverse learners achieve their goals

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Previews: The Guardian Weekly – September 2, 2022

The cover of the 2 September edition of the Guardian Weekly.

Burn out: Inside the 2 September Guardian Weekly

The spiralling cost of living has been an increasingly urgent problem in the UK. But for many people, huge rises in energy bills are about to turn a difficult situation into an impossible one.

Cover Preview: Barron’s Magazine – May 16, 2022

Barron’s Magazine, May 16, 2022 – How Workers Gained Leverage, and Why They Won’t Lose It Soon

Employees in many industries have seized on the pandemic’s upheaval to score higher pay, better benefits, flexible schedules, and more. While some gains will fade, a number of economic and demographic forces suggest workers have the edge.

World Economic Forum: Top Stories – April 15, 2022

This week The World Economic Forum are highlighting 4 top stories – workers paid to relocate to rural areas, an innovative aircraft design, a lifesaving slime robot, and a wind and solar energy milestone.

Timeline: 00:15 Workers paid to relocate 01:40 New aircraft design takes flight 03:11 Lifesaving slime robot 04:22 Wind and solar energy milestone

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

Employment: Why Millions Of Workers Are Quitting

Americans are leaving their jobs in droves. In August 4.3 million Americans quit their jobs. While some people have left the workforce entirely, job security and better pay are top concerns for others. Dubbed “The Great Resignation”, the exodus of workers has created hiring challenges for companies and left millions of jobs unfilled. More than half of U.S. workers surveyed said they plan to look for a new job in the coming year, according to Bankrate’s August jobseeker survey. Some 56% of respondents said adjustable working hours and remote work were a priority. Working women have faced an additional burden, juggling childcare duties, virtual schooling and their careers. So, what does the realignment of the workforce mean for employees and businesses? And what steps should you take before quitting your job?

Morning News: Hurricane Ida Hits Louisiana, Safe Stocks, Remote Work

A.M. Edition for Aug. 30. New Orleans is without electricity after Hurricane Ida slams the region 16 years after Hurricane Katrina. 

WSJ markets reporter Caitlin Ostroff explains why utilities and healthcare are among the S&P 500’s top-performing groups this quarter. Plus, WSJ’s Chip Cutter discusses the concern among bosses as remote work may now last two years.

Morning News: Delta Variant Challenges Asia, Eviction Delays & Jobs

A.M. Edition for Aug. 4. WSJ’s Jon Emont discusses what’s behind the economic challenges facing some parts of Asia amid a rise in the highly transmissible Delta variant of Covid-19. 

The Biden administration implements a new federal moratorium on evictions. Spirit Airlines cancels more flights as it grapples with a dayslong operational meltdown. And, things to consider before quitting your job. 

Conservation: The Marble Quarries Of Carrara, italy

Italy’s Carrara marble quarries are a source of controversy, pitting nature against economic gain. Environmentalists warn of overexploitation, while others defend the jobs these Tuscan quarries provide.

Franco Barratini quarries marble blocks that sell for €4,000 per ton. The amount of marble that was once quarried in a month can now be extracted in just three days, and environmentalists are alarmed at the consequences. Marble dust leaks into groundwater, turns rivers milky-white and hangs in the air. The effects of this are still not completely clear.

Sandro Manfredi is fighting what he sees as severe overexploitation in the marble quarries of Tuscany’s Apuan Alps. In 2018, he filed a complaint against an illegal marble quarry, and afterwards was nearly killed when someone tampered with his car. Carrara has experienced four floods in the last nine years. Environmentalists blame marble quarrying, which has increased dramatically thanks to rapidly evolving extraction techniques, upsetting the region’s hydrogeological balance.