Will increasing workplace automation trigger decreasing salaries?

If automation can eliminate certain tasks for a certain worker by X percent then, should that worker have his compensation reduced accordingly? I debate the issue in this episode.

This podcast is based on an article I wrote and published previously. All the resources and quotes cited in the podcast can be found therein.

Music in this podcast:

chill. by sakura Hz https://soundcloud.com/sakurahertz
Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: http://bit.ly/chill-sakuraHz Music promoted by Audio Library https://youtu.be/pF2tXC1pXNo

Longing – Joakim Karud ( Casey Neistat Vlog Music – Chill )

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Twitter —— https://twitter.com/RoyalFreeTracks
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Contact the artist: music@joakimkarud.com

http://www.joakimkarud.com/use-my-music/ https://twitter.com/JoakimKarud https://soundcloud.com/joakimkarud https://twitter.com/JoakimKarud

► Music Credit: Joakim Karud Track Name: “Clouds” Music By: Joakim Karud @ http://youtube.com/joakimkarud

Official Joakim Karud SoundCloud Page HERE – https://soundcloud.com/joakimkarud

Official “Joakim Karud” YouTube Channel HERE – https://www.youtube.com/user/JoakimKarud

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I Spy for the EEOC

The Retro Lounge Podcast Series

This episode, entitled “I Spy for the EEOC,” originally aired July 25, 2006. And this was the episode description:

Jim Stroud and Karen Mattonen discuss the legalities of buying a company directory, give props to Linked In and discuss the work of “testers,” phony job applicants on the hunt for discriminatory practices. (Bad companies beware!) And did you know that resume writers have to be bonded? Tune in for a very interesting episode.

ABOUT THE HOSTS

Karen Mattonen specializes in helping navigate both buyers and sellers through the buying and selling process! She believes in using dedication to her clients to help educate both buyers and sellers through the home buying process, allowing them to make more informed and confident decisions. Karen has a passion to exceed expectations, by utilizing her strong negotiation skills, her capacity for empathy, and her strong integrity, energy and dedication to help achieve the most positive outcome for her clients. After several very successful personal real estate transactions over the years, Karen transitioned from Headhunting/HR, which also included recruiting and Training of Individual Team Realtors, to building her own Professional Real Estate Career.

Prior to real estate, Karen had developed a positive reputation as a successful recruiter and Trainer who owned and operated several successful Recruiting/HR and Training business ventures. Karen takes a different approach to real estate, one that is built on personal touches, win-win deals and positive results. Karen Mattonen utilizes the latest technologies, market research and business strategies to exceed your expectations. More importantly, she listens and that means she finds solutions that are tailored to you!

Find Karen at www.northcountyhomepros.com

Over the past decade, Jim Stroud has built an expertise in sourcing and recruiting strategy, public speaking, lead generation, video production, podcasting, online research, competitive intelligence, online community management, and training. He has consulted for such companies as Microsoft, Google, MCI, Siemens, Bernard Hodes Group and a host of start-up companies.

During his tenure with Randstad Sourceright, he alleviated the recruitment headaches of their clients worldwide as their Global Head of Sourcing and Recruiting Strategy. Moreover, Jim Stroud has created and sold four online properties, authored five HR related books and hosts the popular online video series – “The Jim Stroud Show.” His latest project – “The Jim Stroud Podcast” explores the future of work, life and everything in between. More details highlighting his career and industry influence can be found on his blog – JimStroud.com. Subscribe to it now.

As the VP, Product Evangelist – NA for ClickIQ, an award-winning automated job advertising platform, his duties focused on business development and product evangelism. Now that ClickIQ has been acquired by Indeed.com, Jim is open to new opportunities.

I was a guest on the RecruiterCast podcast!

Today I was a guest on the RecruiterCast podcast. Yay! Listen below and be sure to subscribe to the RecruiterCast podcast now.

S1E6 – Recruiting and Job-Seeker Advice from a Seasoned Professional with Jim Stroud

Dave talks with Seasoned Professional Jim Stroud about Recruiting and Job-Seeker Advice. From the #1 thing all recruiters should know to become better recruiters, to conversely what is the thing happening the most that should stop in the recruiting practice? [Click here to subscribe to the RecruiterCast podcast]

How do you celebrate Black History Month? #Diversity

How do you celebrate Black History Month? May I make a suggestion? Pick up a copy of my latest book and share it with your network.

About my book:

Black History Quiz is a word find puzzle book designed to pique interest in African-American, African and Caribbean history and culture. Throughout the book, readers are presented with clues to the identity of influential people and historic events. The answers to the quizzes are words and phrases which are hidden inside a word find puzzle. The topics are diverse and include the contributions of Africans throughout the diaspora in the fields of science, technology, medicine, religion, politics, civil rights, the slave trade, ancient kingdoms, sports and entertainment. Over 250 facts are shared in this volume of word find puzzles that are sure to educate and inspire people of all ages and all over the world. After all, black history is world history.

Black History Quiz Puzzle Book

Sample questions addressed in this book include:

# Who owned the largest black-owned comic book company in the USA?
# Who was the first African American nominated to be a U.S. presidential candidate?
# Who was the first black woman agent with the FBI?
# Who was the African American who invented the guitar?
# Who was the African American woman who invented lasik surgery?
# Where in Africa was the world’s first university?
# Who defeated British troops armed with rifles, mountain guns, and an early type of rocket using only spears and shields?
# What was the name of Moses’ Ethiopian wife?
# Who did President Bill Clinton nickname “the Bill Gates of Africa?”
# Who was “the father of black pride?”# Who is the father of Soca Music?
# A certain African American was the wealthiest black slave owner in Louisiana. Who was he?
# Who was the white abolitionist who advocated for the violent overthrow of slavery in the United States?
# Which female entrepreneur had a sales force of 20,000 people working for her in 1919?
# Who was the first Jamaican to win Olympic Gold?

This puzzle book helps to fill a void left by mainstream education and is intended to be an entertaining way to increase black history knowledge. It is something all ages can enjoy and would make a great gift for students, a valuable resource for homeschoolers and adults looking to reconnect or discover the cultural richness of Africans throughout the diaspora.

It takes more than a month to learn our history.

Click here to get your Black History Quiz Puzzle Book today!

Just Say No To a Robot Tax!

Just say no to a robot tax! It may sound good in terms of protecting the American workers but, its more trouble than what its worth. I explain why in this episode.

Special Thanks:

Related links:

Music in this podcast:

Finally by Loxbeats https://soundcloud.com/loxbeats
Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download: http://bit.ly/FinallyLoxbeats
Music promoted by Audio Library https://youtu.be/fGquX0Te1Yo

Transcript:

Hi, I’m Jim Stroud and this is my podcast.

Last year, Oxford Economics published research entitled – How Robots Change The World” and among its findings was this quote…

“The rise of robots has already had a profound effect on industrial employment around the world: today, approximately one of every three new manufacturing robots is being installed in China, the world’s great workshop. Our econometric modelling finds that on average each newly installed robot displaces 1.6 manufacturing workers. By 2030, we estimate that as many as 20 million additional manufacturing jobs worldwide could be displaced due to robotization.”

Although, I think, any jobs displaced with robots and automation will usher in new and different work in its place, there are some who see this inevitable transition into a robot future as a threat. And there are some people who see the rise of the robots as an opportunity to raise more money for the government. After a quick word from my sponsors, I will be discussing the pros and cons of a robot tax; an idea that seems to be picking up steam.

The idea of taxing robots has been gaining some momentum as a way of slowing down the spread of automation as a way of protecting American workers. It was an idea that Bill Gates conceptualized and promoted in 2017. Here’s a clip of him explaining his thought.

Those who support the idea of a Robot Tax include New York City mayor – Bill DeBlasio who talked about a robot tax when he ran for President, calling for companies to pay 5 years of payroll taxes for every job automated. Other proponents of the robot tax, more or less, offer these arguments:

  • Business Insider says, “Such a tax could also conceivably create another source of federal revenue in an economy governed by more machines and fewer workers — reducing the possible disruption to the funding structures of Social Security and Medicare, which rely on payroll taxes paid by every worker and to help people find or train for new jobs.”
  • The website Emerj says, “it would slow down the deployment of automation to give society more time to adjust to the possible employment displacement.” In other words, a robot tax would slow down companies adopting automation en masse thus, giving people time to learn a new skill which would make them more marketable in the future. A by-product of that, of course, is that people will keep their existing jobs longer.

Pretty much when I researched this topic, those were the most common arguments for a robot tax. More money for government programs (like Social Security) and it would slow down the automation of jobs long enough for American workers to learn a new skill.  More often than not though, I heard dissenting viewpoints. One of them being from Andrew Yang, a  Democratic candidate for president who centered his campaign around the perils of automation. For example, listen to this clip where he’s discussing some of his campaign experiences. [01:15 – 02:00] Be that as it may, Andrew Yang was not a fan of the robot tax, in a tweet he said this

“A robot tax is an appealing idea but very difficult to administer. Is an IPad at a CVS a robot? How about software that eliminates a call center worker?”

I think Andrew Yang made a valid point against the idea of a robot tax. I found several others. I’ll share just a few of them after this.

Around the time that Bill Gates began promoting his robot tax idea, CNBC interviewed Oren Etzioni from the Allen Institute for Artificial Intelligence, and Martin Ford, author of “Rise of the Robots: Technology and the Threat of a Jobless Future” and together they weighed in on Bill Gates’ “robot tax” proposal as an effort to slow down the spread of automation. Here’s a clip.

A few things to think about, as you digest all of this:

  • With technology everywhere, how do you define what a robot is? How can you determine that a certain software has displaced workers?
  • How do you enforce a robot tax, should it become law? Send IRS agents to analyze all of the software your company uses?
  • Wouldn’t taxing robots slow down innovation and decrease productivity? I mean, why would companies bother to experiment with efficiency if it ultimately means more taxes to pay?
  • And wouldn’t this increase prices for the consumer?

A lot of questions, for sure, and they may seem unanswerable. However, I think we will know the answers very soon. To date, South Korea is the only country in the world with a robot tax. They implemented it in August 2017 so, still early days on how that’s working for them. But if there are any manufacturing companies in South Korea listening, please consider opening up a plant over here where its cheaper because, we don’t have a robot tax.