The East Peoria manufacturing facility of Caterpillar Inc. makes the D10, a trendsetting track-type dozer. | Fred Zwicky/Peoria Journal Star via AP Lucina Miguel has a job unlike any other performed by Illinois’ 571,800 other factory workers. She glues strips of a map of the Earth onto large plastic spheres for Replogle Globes , one of 13,000 manufacturing companies in the state.
That task once fell to founder Luther Replogle, who started making and selling handcrafted spherical creations out of his Chicago apartment in 1930. Success followed over the next several decades and Replogle eventually became one of the largest […]
Last month, news broadcasts announced that an artificial intelligence (AI) news anchor, said to be the world’s first ever, had gone live in China. 1 The AI anchor was modeled after a real-life news presenter, and is said to be learning from live broadcasting videos. The news, as I watched it on television, was accompanied by somewhat anxious-sounding jokes about how, in the future, AI broadcasters might replace the very newscasters who were presenting this story.
While there are numerous concerns about advanced technologies like AI, the fear of job loss, sometimes guised in jokes about “robots taking our jobs,” […]
As many workers may be desperate for jobs, they tend to put up with unfair treatment and inferior wages, as asking for more could lead to them losing their jobs With two-thirds of Singaporeans projected to hold white-collar jobs by 2030, the blue-collar career pathway is becoming increasingly unattractive to youths. There is a definite stigma attached to blue-collar work, as pay is often lower than in white-collar jobs, and physical labour is thought of as unpleasant. But demand for cleaners and other blue-collar workers has been increasing over the years. In fact, there are increasing skills shortages in […]
The Hexagon organization is centered on precision measuring technologies like CMM and CPS and adding CAE software capability is an effort to emphasize endtoend solutions for vertical manufacturing supply chains The Hexagon organization is centered on precision measuring technologies, like CMM and CPS, and adding CAE software capability is an effort to emphasize “end-to-end solutions” for vertical manufacturing supply chains.
Is automation the job-killer that it’s been made out to be in the past Maybe not, according to a recent L.E.K. Consulting manufacturing survey.
Automation is motivating the decision-makers we surveyed across seven manufacturing industries to actively invest in their workforce, […]
Industrial Automation Technologies that automate labour tasks do not necessarily increase unemployment. Despite widespread concerns that Artificial Intelligence (AI) will displace workers en masse , there are periods of history where productivity-enhancing technologies have actually increased employment in the affected industries. This runs counter to the simplistic notion that ‘automation causes job losses’ in the industries experiencing automation.
So, why does automation lead to employment growth in some industries at particular times, while leading to job losses at other times and in other industries?
James Bessen , an Economist from Boston University, argues that it has to do with how […]
The rapid service-led growth experience over the last decade has led credence to the belief that not only has India leapfrogged the phase of manufacturing-led development and set out its own idiosyncratic path of structural transformation, but also that the idea of manufacturing-led growth is obsolete. This could not be further from the truth The Labour Bureau’s last household survey (2015-16) reports India’s unemployment rate at 3.6% (by the Usual Principal Subsidiary Status definition), a figure lower than that of several advanced economies. So why are jobs such a hot button issue?
Dig a bit deeper and startling facts emerge. […]
These days, technological advancements are always taking place, this is a good thing as it makes our lives easier, but the advancements are also a double edged sword in the sense that people live in constant fear that their jobs could be taken by the very machines that are said to be helping them. This topic is set to be discussed during the CIO 100 Symposium and Awards to be held at the Enashipai Resort in, Naivasha Kenya from the 29th-30th of November.
Click here to register and attend the upcoming CIO 100 Annual Symposium and Award
Findings of […]
General Motors Co.’s announcement Monday signals a new era in American manufacturing — one that will be painful in the Midwest, and in Southeast Michigan in particular.
The American car is dead and GM, like Ford Motor Co., is betting its future on electric and autonomous vehicles. The consequences will be far-reaching even if the bets work out for the automakers.
On a conference call with reporters Monday, GM CEO Mary Barra said the automaker will continue to invest in the trucks and sport utility vehicles and crossovers that dominate the U.S. market but it has "the opportunity to take down […]
The enterprise is beginning to embrace the use of robotics in automating daily processes, especially in the manufacturing and industrial industries. The increase in automation in these sectors alone is so significant that it will boost the global robotics market to nearly $150 billion USD by 2025, according to a recent study by Transparency Market Research.
One continent in particular is spearheading business automation: North America . This shouldn’t come as a huge surprise, as US tech giants like Alphabet and Amazon continue developing robotics and automated processes via artificial intelligence (AI), machine learning, and Internet of Things (IoT) devices. […]
David Levey pointed me to a Samuel Hammond review of a book by Oren Cass , who is a conservative critic of neoliberalism: Accelerating productivity and automation aren’t to blame for working class woes, either. On the contrary, despite prophecies of robots rendering work obsolete, Cass marshals convincing data to show U.S. manufacturing productivity has essentially stagnated. More importantly, whether job destruction is from automation and globalization has very different implications. When a factory automates a process, output per worker rises and local labor demand may even increase. But when a worker is dislocated by trade, Cass notes, “the […]