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: […]

Robots, AI, and jobs: All three are coming

Robots, AI, and jobs: All three are coming

Joe Atikian is the author of Industrial Shift: The Structure of the New World Economy.

The robots are not coming for our jobs. In 1915, the industrialist Lloyd Raymond Smith asked, “Can automobile frames be built without men?” The same question has been asked about entire industries. It never happened, even though automation has appeared in every workplace. And it didn’t merely appear. Factory labour got intensively more mechanized from the moment factories were born. The surprise was that factory employment kept growing for another 65 years, including the early computer era.

Computer technology intensified automation, but it also spawned […]

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 […]

Will We Really Lose Half our Jobs to Automation?

Will We Really Lose Half our Jobs to Automation?

The following is an excerpt from GigaOm publisher Byron Reese’s new book, The Fourth Age: Smart Robots, Conscious Computers, and the Future of Humanity . You can purchase the book here .

The Fourth Age explores the implications of automation and AI on humanity, and has been described by Ethernet inventor and 3Com founder Bob Metcalfe as framing “the deepest questions of our time in clear language that invites the reader to make their own choices. Using 100,000 years of human history as his guide, he explores the issues around artificial general intelligence, robots, consciousness, automation, the end of […]

Bullshit jobs: why they exist and why you might have one

Bullshit jobs: why they exist and why you might have one

Do you have a job that you secretly believe is pointless?

If so, you have what anthropologist David Graeber calls a “bullshit job.” A professor at the London School of Economics and a leader of the early Occupy Wall Street movement, Graeber has written a new book called Bullshit Jobs: A Theory .

He argues that there are millions of people across the world — clerical workers, administrators, consultants, telemarketers, corporate lawyers, service personnel, and many others — who are toiling away in meaningless, unnecessary jobs, and they know it.It didn’t have to be this way, Graeber says. Technology has advanced […]

Could AI bridge the digital skills gap?

Could AI bridge the digital skills gap?

Graham Smith , head of marketing at Microsoft recruitment partner Curo Talent, explains why IT workers needn’t worry about the AI takeover

Artificial intelligence (AI) hasn’t always had favourable representation in pop culture. In Stanley Kubrick’s 2001: A Space Odyssey (1968), homicidal supercomputer Hal demonstrated how AI could surpass the intelligence of a human — and for humans, the results weren’t so great.

In reality, since the introduction of robots to automotive production lines in the 1960s, the threat that automation poses to manual jobs has been widely understood. However, the machine economy now comprises of much more than mechanical […]

OPINION: How soon are robots going to steal our jobs?

OPINION: How soon are robots going to steal our jobs?

Australia’s Rio Tinto mining company already has robot trucks involved in automated mining activities. Australia’s Rio Tinto mining company already has robot trucks involved in automated mining activities.

JOHANNESBURG – It is difficult to predict the extent of job replacements by Robotics and Artificial Intelligence (AI), which is a topic high on the agenda of many employees throughout the world.

In South Africa, where the unemployment rate is treacherously high, those who are fortunate enough to have jobs now face the potential challenge from machines and AI.As technologies develop, it is important to separate the risks each poses.Robotics and automation […]

What Will Manufacturing Jobs Be Like in 2068?

What Will Manufacturing Jobs Be Like in 2068?

Alan Rooks Editor in Chief One theory I came up with years ago, backed by absolutely no evidence, is that automation and robotics will eventually be so extensive that none of us will have to leave our houses. We will eventually sit around all day, grow roots, and evolve back into the plant life we came from millions of years ago.

Apparently, we’re half way there. According to a recent article on MarketWatch.com , “Half of All Jobs Can Today Be Automated—and Within 50 Years, All of Them Can Be,” by Anna Kook, it is no longer in question whether […]

The Conventional Wisdom on Trade is Wrong Again

The Conventional Wisdom on Trade is Wrong Again

For years, the purveyors of respectable opinion assured us that there was no need to worry about the economic dislocations caused by free trade, because such dislocations would be comparatively minor and temporary. In fact, as Gwynn Guilford notes in an important new article at Quartz , even academic economists are beginning to conclude that imports from China cost up to 2.4 million American manufacturing jobs between 1999 and 2011 and that "offsetting employment gains in other industries never materialized."

Now that they are faced with clear evidence of substantial and long-lasting job losses in the manufacturing sector, the same […]

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, […]