Tag: consumer

Engineering Innovation By Focusing On People

Engineering Innovation By Focusing On People

[Innovation can engender negative connotations for many people, emanating from their fear of change and its unknown implications or consequences to the nature of work and the potential elimination of jobs. In our new business operating environment of accelerating change, ongoing education and case studies are critically needed to demonstrate to business leaders and employees how changing conventional ways of doing things can lead to better, safer, more rewarding workplaces and enhanced careers and industry leadership. The ability of innovation and technology to enrich industries and communities is only beginning. It is still underserved and “a wide-open space” for […]

Automated Converting Equipment

Automated Converting Equipment

The newest equipment utilizes technology to meet the quality demands and fast turnaround times of today’s brands.

The term “game-changing” has been casually thrown around for many years, especially regarding new label and package printing product launches. In theory, every product has the potential to positively impact a label printing business, making the phrase overused. However, the advent of automated converting equipment really does fit the bill. Why? Because many of today’s converters don’t have the workforce to tackle the work flowing into print shops.

Converters that L&NW talks to cite automation as one of the industry’s hottest trends – mainly […]

The Intersection of IoT and Robotics: Transforming Industries and Workforce

The Intersection of IoT and Robotics: Transforming Industries and Workforce

iot in robotics The integration of IoT in robotics is not just about connecting devices; it’s about creating intelligent systems that can adapt and learn from their environment. These interconnected robotic softwares can optimize processes, predict maintenance needs, and enhance decision-making capabilities by harnessing the power of real-time data exchange and advanced AI algorithms.

From smart factories where robots collaborate with humans to optimize production lines, to autonomous vehicles navigating city streets, the possibilities are endless. As IoRT continues to advance, it promises to revolutionize industries, unlocking new levels of efficiency, safety, and innovation in the ever-evolving automation landscape. get […]

Does technology replace more jobs than it creates?

Does technology replace more jobs than it creates?

A new major study into US census data since 1940 has quantified technology’s impact on job loss and creation – and what AI will do in the future.

Image: Jose-Luis Olivares, MIT; iStock Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured.But a new research […]

Most work is new work, long-term study of U.S. census data shows

Most work is new work, long-term study of U.S. census data shows

The majority of U.S. jobs are in occupations that have emerged since 1940, MIT research finds — telling us much about the ways jobs are created and lost.

WEBWIRE – Tuesday, April 2, 2024 Caption:Most U.S. workers are in occupations that have only emerged widely since 1940, according to a large-scale study of 80 years of U.S. census data, led by MIT economist David Autor. Credits:Image: Jose-Luis Olivares, MIT; iStock This is part 1 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David […]

Does technology help or hurt employment?

This is part 2 of a two-part MIT News feature examining new job creation in the U.S. since 1940, based on new research from Ford Professor of Economics David Autor. Part 1 is available here .

Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: Consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured. But […]

Blockchain technology, robotics and automation transforming the manufacturing industry

Blockchain technology, robotics and automation transforming the manufacturing industry

Representative Image

Blockchain technology is a system of storing and transferring data in a decentralized, distributed and secure way using cryptography and consensus mechanisms. By applying blockchain technology to the manufacturing sector, it is possible to achieve operational excellence, product authenticity, consumer experience and quality of care. Blockchain technology can also help manufacturers to streamline operations, gain greater visibility into supply chains and track assets with unprecedented precision. Moreover, blockchain technology can enable collaboration and innovation among different stakeholders in the industry, by lowering barriers to entry and fostering trust.

Blockchain technology is a revolutionary innovation that can transform […]

Guest Opinion: Common fallacies impede sound policy

Guest Opinion: Common fallacies impede sound policy

John Hood By John Hood

RALEIGH — Those who advocate rational public policy, based on a thorough understanding of the principles of human action and the benefits of voluntary exchange, are bound to be disappointed much of the time.

That’s not an argument against fighting for freedom. But it is an argument for realism and for keeping expectations low — so you can be pleasantly surprised when policymakers resist political temptations and make good decisions, whether they be here in North Carolina or in Washington, D.C. (Just kidding about the latter possibility.)Why do policymakers so often get things wrong? Bryan […]

Most work is new work, long-term study of U.S. census data shows

Most work is new work, long-term study of U.S. census data shows

The majority of U.S. jobs are in occupations that have emerged since 1940, MIT research finds — telling us much about the ways jobs are created and lost.

Publication Date:

April 1, 2024 Press Inquiries Stylized collage shows a vintage photo of an airplane collaged with isometric illustrations of office and healthcare workers. Caption:Most U.S. workers are in occupations that have only emerged widely since 1940, according to a large-scale study of 80 years of U.S. census data, led by MIT economist David Autor.Credits:Image: Jose-Luis Olivares, MIT; iStock This is part 1 of a two-part MIT News feature examining new […]

Does technology help or hurt employment?

Does technology help or hurt employment?

Combing through 35,000 job categories in U.S. census data, economists found a new way to quantify technology’s effects on job loss and creation. Images for download on the MIT News office website are made available to non-commercial entities, press and the general public under a Creative Commons Attribution Non-Commercial No Derivatives license . You may not alter the images provided, other than to crop them to size. A credit line must be used when reproducing images; if one is not provided below, credit the images to "MIT." This is part 2 of a two-part MIT News feature examining new […]