Confronting a smoothie-making robot

Confronting a smoothie-making robot

(Melissa Holman/Getty) Face to face with a robot that could destroy millions of jobs, I pondered: Be this angelbot or devilbot?

The vision of the future changes from decade to decade, but some predictions have remained static for generations. Case in point: robots. Early 20th-century writers like L. Frank Baum and Ambrose Bierce predicted their rise, and they are still seen as an inevitable part of the future.

So when I received an invitation to view “the world’s first fully autonomous robotic [smoothie] station,” I cleared my schedule. I wanted to see — and taste — the future. The company […]

The future of manufacturing lies in digital transformation

The future of manufacturing lies in digital transformation

Mike Vincent, Deloitte Consulting C&IP Leader and Africa Industrial Products & Services Leader The South African manufacturing industry has come under significant pressure in the last decade with the traditional manufacturing industry currently in the throes of a digital transformation that is accelerated by the exponential growth of smart technologies.

The adoption and impact of Industry 4.0 in South Africa has been relatively low at a foundation stage in the manufacturing industry overall, with some sector differences.

The concept of digitizing everything is becoming a reality. Automation, artificial intelligence, IoT, machine learning and other advanced technologies can quickly capture and analyze […]

How the World’s Biggest Companies Are Fine-Tuning the Robot Revolution

How the World’s Biggest Companies Are Fine-Tuning the Robot Revolution

Fritz is more efficient at handling the dangerous and repetitive task of lifting the 8-inch metal-and-circuitry pieces out of the furnace. This leaves Mr. Rösch less exposed to potential accidents and gives him time to test 20% more parts than he did before the robots.

The big question surrounding automation has long been whether robots would compete with workers or help them. Initially, workers feared robots would destroy jobs across the economy. Scholarly research and real-life experience has eased that concern, although some types of workers and industries are ending up on the losing side.

Today, the question is more precise: […]

Robot-related job losses could create ‘Trumpism on steroids’

Experts predict that technology disruption, such as robot receptionists, will eliminate old tasks and create new jobs. by John Kehoe

Darrell West, the author of a new book, The Future of Work: Robots, AI, and Automation , warns the emerging digital economy is in the early stages of a disruptive phenomenon that could morph into "Trumpism on steroids".

West’s book, due to be released next week, explores in detail the potential for technology to replace workers between 2020 and 2050. His forecast may send a shudder through millions of blue and white collar workers, in both wealthy and developing countries."In the […]

New technologies are affecting jobs the world over. Is your job safe?

New technologies are affecting jobs the world over. Is your job safe?

New technologies are affecting jobs the world over. Is your job safe? Photo – Shutterstock At the 51st annual general meeting of the Asian Development Bank (ADB) in Manila last week, discussions centred on the advancement of new technologies and the impact robotics and AI would have on local jobs.

In an interview on the sidelines of the event, Sameer Khatiwada, ADB economist at Economic Research and Regional Co-operation Department, told The Myanmar Times that while some jobs will likely be replaced by machines, new functions are also emerging that will require human skills.

Here are some excerpts of the interview, […]

Job losses from automation or trade pacts? Will we learn from this?

A simple request: please don’t turn this into something it is not by making this about supporting our fake pResident.

The Epic Mistake about Manufacturing that’s Cost Americans Millions of Jobs

America’s manufacturing sector is in far worse shape than the media, politicians, and even most academics realize. Manufacturers’ embrace of automation was supposedly a good thing. Sure, some factory workers lost their jobs. But increased productivity boosted living standards, and as manufacturing work vanished, new jobs in construction and other services took its place. This was more of a shift than a loss, explained Bradford DeLong, economics […]

ADB advises policies to harness tech for better economic growth

ADB advises policies to harness tech for better economic growth

MANILA: The Asian Development Bank (ADB) on Friday advised regional governments, including Pakistan to introduce policy interventions to harness technologies for better economic growth.

“Government has an important role to play in leveraging technological advances for inclusive growth,” Chief Economist Yasuyuki Sawada at ADB said.

Education and training, favourable labour regulation, social protection and tax policies are imperative for the fourth industrial revolution that is characterised by smart applications integrating virtual and physical production systems, Sawada noted in his presentation titled, ‘Asian Development Outlook 2018: how technology affects jobs’ on the second day of ADB annual meeting.The government is advised to […]

ADB seminar considers challenge of technological change, globalization, and jobs in Asia

ADB seminar considers challenge of technological change, globalization, and jobs in Asia

MANILA: As Asia and the Pacific seeks inclusive and sustainable economic growth, countries are adapting to the possibility that new technologies in fields such as robotics and artificial intelligence may lead to challenges for some industries and groups of workers, according to participants at a high-level Asian Development Bank (ADB) seminar held here on Friday.

“Advances in new technologies will raise incomes and increase demand from Asia’s rising consumer class,” ADB President Takehiko Nakao said at the Governors’ Seminar during ADB’s 51st Annual Meeting. “Countries that maintain flexible policies, support improvements to education, and put in place a stronger social […]

Robot revolution could give us bread and roses

Robot revolution could give us bread and roses

John Harris asks what happens next to all the jobs that technology will obliterate ( Ten million jobs could be gone in 15 years. What then?, 30 April ). He fears that inequality will worsen. Not necessarily. Let robots do the boring, repetitive stuff. Humans can do all those jobs required to create a better life for all, and provide decent pay and good working conditions to boot. It’s not rocket science. We need many more care, support, youth and early years workers. In fact, we pretty much need to reinvent local government and the services it should provide. […]

ADB seminar considers challenge of technological change, globalization, and jobs

ADB seminar considers challenge of technological change, globalization, and jobs

As Asia and the Pacific seeks inclusive and sustainable economic growth, countries are adapting to the possibility that new technologies in fields such as robotics and artificial intelligence may lead to challenges for some industries and groups of workers, according to participants at a high-level Asian Development Bank (ADB) seminar.

“Advances in new technologies will raise incomes and increase demand from Asia’s rising consumer class,” ADB President Takehiko Nakao said at the Governors’ Seminar during ADB’s 51st Annual Meeting in Manila

“Countries that maintain flexible policies, support improvements to education, and put in place a stronger social safety net will be […]