Tag: employment

Will Robots Replace Warehouse Workers?

Will Robots Replace Warehouse Workers?

At a warehouse located near Luton, a new and innovative system has been implemented to revolutionise the way orders are fulfilled for online shoppers . Recently highlighted in a BBC article, this advanced system showcases how robots navigate grids to quickly gather items for delivery. Unlike the early days of online shopping where human workers manually collected items, these robots perform the task with speed and precision.

Powered by sophisticated software and artificial intelligence, these robots operate alongside human staff to streamline the order fulfilment process. They navigate through the warehouse, selecting and delivering items to robotic arms equipped with […]

Sam Altman’s “one-person unicorn” and the future of the office

Sam Altman’s “one-person unicorn” and the future of the office

Sam Altman’s “one-person unicorn” and the future of the office

Back in January 2024, OpenAI’s Sam Altman captured headlines for his speculation at the coming of the world’s first one-person billion-dollar company, enabled by advances in AI. This follows a series of notably low-headcount businesses reaching this status in the past, including Instagram’s 2012 sale to Facebook ( with a 13-person headcount ).

Luke Graham · Follow Published in Pi Labs Insights ·4 min read·5 hours ago–Technology and automation have had a longstanding impact on employee headcount, with industrial and agricultural examples dating back generations (even centuries). Critics […]

5 Key Economic Impacts And Strategic Implications Of AI For Leaders

5 Key Economic Impacts And Strategic Implications Of AI For Leaders

Liz Bacelar and Sophia the robot as a special guest of the Impact18 congress held in ICE Congress The economic impacts of Artificial Intelligence (AI) are not just significant, but also complex, influencing various aspects from individual firms to global financial structures. Understanding these impacts is crucial for business leaders as it can guide their decision-making and help them adapt to the evolving business landscape. Strategically, AI acts as a catalyst for innovation and a disruptive force, reshaping industries and altering competitive dynamics. A leader should know the following 5 economic impacts and strategic implications of AI. 1. Productivity […]

Germany’s Hannover Messe kicks off, focusing on industrial sustainability

Germany's Hannover Messe kicks off, focusing on industrial sustainability

An industrial welding robot of Siasun Robot and Automation Co Ltd is seen at Hannover Messe 2024 in Hannover, Germany, April 22, 2024. [Photo/Xinhua] HANNOVER, Germany — Hannover Messe 2024, Germany’s leading industrial trade fair, kicked off on Monday with a clear emphasis on carbon-neutral production and hydrogen fuel cells.

The exhibition, focused on "energizing a sustainable industry," runs until Friday and attracted almost 4,000 exhibitors from around 60 countries and regions. Among them, Chinese exhibitors accounted for 30 percent of participants, second only to the host Germany, according to the organizer.

This year’s trade fair also features key topics including […]

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

By Peter Dizikes | MIT News

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 Autor. Part 2 is available here .

In 1900, Orville and Wilbur Wright listed their occupations as “Merchant, bicycle” on the U.S. census form. Three years later, they made their famous first airplane flight in Kitty Hawk, North Carolina. So, on the next U.S. census, in 1910, the brothers each called themselves “Inventor, aeroplane.” There weren’t too many of those around at the […]

Amazon, the world’s second-largest employer, replaces 100,000 humans with 750,000 robots, a ‘microcosm of how AI is changing the workforce’

Amazon, the world's second-largest employer, replaces 100,000 humans with 750,000 robots, a 'microcosm of how AI is changing the workforce'

Amazon, the world’s second-largest private employer with 1.5 million employees, is cutting its workforce by 100,000 and putting about 750,000 robots to work, financial news media Benzinga reported.

Amazon Grows To Over 750,000 Robots As World’s Second-Largest Private Employer Replaces Over 100,000 Humans – Benzinga

https://www.benzinga.com/general/24/04/38202793/amazon-grows-to-over-750-000-robots-as-worlds-second-largest-private-employer-replaces-over-100-000 Top Amazon exec says it’s a ‘myth’ robots steal jobs https://www.cnbc.com/2024/04/12/top-amazon-exec-says-its-a-myth-robots-steal-jobs.html According to Benzinga, the number of Amazon employees has fallen to 1.5 million at the time of writing, down from 1.6 million in 2021. Meanwhile, Benzinga reports that Amazon is introducing 200,000 robots in 2019 and 520,000 robots by […]

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

A U.S. manufacturing renaissance won’t create many good jobs—just look at Germany, S. Korea, China and decades of data, Harvard economist says

Fortune· Scott Olson—Getty Images Manufacturing has been front and center in recent years as the U.S. and China engage in a tech rivalry while companies look to reposition more of their supply chains domestically.

President Joe Biden has touted his policies to encourage more U.S. production of chips and green-energy technologies. Earlier this month, his administration pledged up to $6.6 billion so that Taiwanese Semiconductor can expand its facilities in Arizona . And last month, the administration reached a $19.5 billion funding deal with chip giant Intel for four new U.S. plants.

But data in the U.S. and other global manufacturing […]

Is artificial intelligence causing technological triggers?

Is artificial intelligence causing technological triggers?

Is artificial intelligence causing technological triggers?

Laura Lilly

· Follow 3 min read·4 hours ago Artificial Intelligence and Technological Redundancies: Navigating the Impact of AutomationIntegrating AI has become a double-edged sword in an ever-evolving technology landscape that envisions unprecedented advances while causing significant disruption across industries. One of the most pressing concerns is AI’s potential to cause technological disruption, a phenomenon fueled by the automation of tasks normally performed by humans. Artificial intelligence undoubtedly offers huge opportunities for efficiency gains and cost savings, but its implementation has raised questions about the future of employment and the socio-economic effects […]

employment.docx – Title: The Ethics of Artificial…

Title: The Ethics of Artificial Intelligence in Employment: Balancing Automation and Human Dignity Introduction: The integration of artificial intelligence (AI) technologies in the workplace has brought about unprecedented levels of automation, efficiency, and productivity. However, the ethical implications of AI in employment raise complex questions about job displacement, economic inequality, and the dignity of workers. In this essay, we explore the ethical considerations surrounding AI in employment, examining the challenges and opportunities for ensuring that automation is aligned with principles of human dignity, fairness, and social justice. Job Displacement and Economic Impact: One of the primary ethical concerns associated […]

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates”

“Backward Communities unite and Resist BJP and it’s Crony Corporates” 1 The BJP governments’ aggressive push for privatisation, corporatisation, automation etc – what they call ‘economic reforms’ – is rapidly undoing the meagre gains made by backward communities in recent decades. The electoral bonds scam has clearly revealed, these policies are shaped for the benefit of corporations, the overwhelming majority of them run by savarnas.

Important research findings all Indian citizens must pay heed to:

Corporate India is a savarna club: A study by Swadeshi Andolan revealed that not a single SC or ST person is present on […]