Do we see the industrial internet as a job killer, or job creator?

According to researchers of Aalto University, VTT Technical Research Centre of Finland Ltd, and the Research Institute of the Finnish Economy ETLA, the upheaval brought on by the industrial internet is an opportunity to increase Finnish well-being and productivity and to make Finland an attractive target for investment. The working group estimates that if successful, […]

Finland—The Silicon Valley of Industrial Internet

Publications of the Government’s analysis, assessment and research activities 10/2015 The industrial Internet is a revolutionary turning point. It is a threat to those who stick to old working methods too long, but an opportunity for those who seize upon it. Unfortunately, many actors perceive the upheaval as a threat to their present position and, […]

Computerization Threatens One-Third of Finnish and Norwegian Employment

We find that one-third of both Finnish and Norwegian employment will be highly susceptible to computerization in the next decade or two. Low-wage and low-skill occupations appear to be more threatened. Service and public sector jobs are relatively more sheltered than those in manufacturing and the private sector. Nevertheless, computerization will, to some extent, affect […]

Unemployment Accounts – A Finnish Application

We consider a reform that would replace the current Finnish unemployment insurance (UI) scheme with individual unemployment accounts. The reform would provide additional pensions for individuals who end up with a positive account balance at retirement age without restricting unemployment benefits relative to the current system. At the same time, the reform is likely to […]

Do we see the industrial internet as a job killer, or job creator?

According to researchers of Aalto University, VTT Technical Research Centre of Finland Ltd, and the Research Institute of the Finnish Economy ETLA, the upheaval brought on by the industrial internet is an opportunity to increase Finnish well-being and productivity and to make Finland an attractive target for investment. The working group estimates that if successful, […]

Finland—The Silicon Valley of Industrial Internet

Publications of the Government’s analysis, assessment and research activities 10/2015 The industrial Internet is a revolutionary turning point. It is a threat to those who stick to old working methods too long, but an opportunity for those who seize upon it. Unfortunately, many actors perceive the upheaval as a threat to their present position and, […]

Computerization Threatens One-Third of Finnish and Norwegian Employment

We find that one-third of both Finnish and Norwegian employment will be highly susceptible to computerization in the next decade or two. Low-wage and low-skill occupations appear to be more threatened. Service and public sector jobs are relatively more sheltered than those in manufacturing and the private sector. Nevertheless, computerization will, to some extent, affect […]

Unemployment Accounts – A Finnish Application

We consider a reform that would replace the current Finnish unemployment insurance (UI) scheme with individual unemployment accounts. The reform would provide additional pensions for individuals who end up with a positive account balance at retirement age without restricting unemployment benefits relative to the current system. At the same time, the reform is likely to […]