Google has poured billions into artificial intelligence, a technology that many expect will render jobs across several fields obsolete. Last year, Google Chief Executive Officer Sundar Pichai introduced a companywide initiative focused on employment. He announced Google would give $1 billion over five years to nonprofits in the field.
Artificial intelligence (AI) could be the biggest challenge facing the jobs market and even humanity itself, according to Nobel Prize-winning economist Robert Shiller. However, the Yale University professor told CNBC that he had a radical idea that could be implemented to mitigate AI's potential harm to society.
Combining new investments and Apple's current pace of spending with domestic suppliers and manufacturers -- an estimated $55 billion for 2018 -- Apple's direct contribution to the US economy will be more than $350 billion over the next five years, not including Apple's ongoing tax payments, the tax revenues generated from employees' wages and the sale of Apple products.
iPhone maker Apple announced today that it is making immense investments in the U.S. economy including building a new campus at an as-yet unnamed location and hiring 4,000 new workers a year for the next five years, many of whom will be employed at existing data centers.
Late last year, the Department of Commerce released numbers showing that foreign direct investment (FDI) in high-tech industries reached over $1.6 trillion in 2016 and supported 2.1 million jobs in the Un
More than three-quarters of women who work in STEM fields at male-dominated workplaces report experiencing at least one type of gender discrimination, ranging from being turned down for a job to making less than a man for the same work. Reports of discrimination are highest among women with advanced degrees and those who work with computers.
Employment in science, technology, engineering and math (STEM) occupations has grown 79% since 1990, from 9.7 million to 17.3 million, outpacing overall U.S. job growth. There’s no single standard for which jobs count as STEM, and this may contribute to a number of misperceptions about who works in STEM and the difference that having a STEM-related degree can make in workers’ pocketbooks.
In 1985 there were 14 boys for every girl in the top 0.01 percent of math test takers, while today that gap has closed to two-and-a-half to one.
The subdued growth in wages amid an expanding economy and declining unemployment has puzzled many, but one economics professor said he may have an explanation for that phenomenon. The answer lies in automation, according to Christopher Pissarides from the London School of Economics.
STEM jobs are some of the most desired in the country. These jobs tend to offer the best pay and the best benefits. However, as inequality remains a problem in American society, more people are starting to focus on who are employed in these fields.