The nature of work is changing. From the introduction of industrial robots, to the growth of artificial intelligence, more jobs are disappearing or being taken over by technology. How will your business be affected?
Robotics have been slowly taking over jobs in industrial manufacturing for years. In the 1990s, there was less than one industrial robot for each one thousand workers. By the 2000s, there were more than two-and-a-half. It’s no surprise that robots are appealing to manufacturers, with 1 robot doing the work of nearly 6 people, robotics are a great way to cut operating costs.
Overtime, the value of […]
Full Post at www.business2community.com
Australian mining needs to be promoted as an attractive career. More than half of young Australians know nothing about a career in mining, according to research from youth agency, YouthInsight.
The agency, which represents 1061 senior high school students and first-year university students aged between 15 and 20, found that knowledge of mining careers was extremely low, with 59 per cent of those involved in the research knowing nothing.
Additionally, the research revealed that just 30 per cent of students were interested in a career in mining or the mining equipment, technology and services (METS) sectors.Despite mining and METS providing 1.1 […]
Full Post at www.australianmining.com.au
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 […]
Full Post at www.itnewsafrica.com
Name: Microelectronics, automation, and employment in the automobile industry
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Graeber, an anthropology professor at the London School of Economics, was a mover and shaker in the Occupy Wall Street movement and is well known for his approachable critiques of neoliberal free market ideology. His new book, Bullshit Jobs: A Theory (Simon & Schuster; $27), sprang from a shorter essay he published in 2013 in a feminist-activist magazine called Strike , which quickly struck a nerve. (One that kept thrumming: on a Monday morning in 2015, an anonymous group plastered the London Underground with quotations from the writings.)
“Huge swathes of people spend their days performing jobs they secretly believe […]
Full Post at www.bloombergquint.com
Half of self-employed worker aren’t too worried about artificial intelligence Half of the UK’s independent workers don’t think that artificial intelligence will have a significant impact on the world of work.
Accenture data has predicted that the growing trend of AI in the workplace could double annual economic growth rates, but independent workers aren’t convinced.
A Qdos Contractor survey with over 1500 contractor respondents shows that: 50 per cent think AI will have ‘little impact’ on their career 21 per cent believe that AI will have a ‘ big positive impact ’ 11 per cent expect a ‘big negative impact’ 18 […]
Full Post at smallbusiness.co.uk
A study shows that the fear may be far-fetched Today, advanced machines like robots pose a significant threat to jobs traditionally performed by human beings. So it’s no surprise that new technological developments in the market are faced with stiff resistance from interest groups like labour unions. Moreover, there are some economists and others who believe that robots could lead us into a future where there are no jobs left to be done by human beings. How realistic are such fears? What in particular does history tell us about the effect of machines on employment?
A 2017 paper by Katja […]
Full Post at www.thehindu.com
The future is here. It’s time to take action. Robots conjure images of some distant future – a crisp, white-walled existence. Except that time is now.
Last month, one leading futurologist predicted that the global robot population, already more than 57 million, will outnumber humans by 2048, and that’s a conservative estimate.
Automation is already ingrained in everything from warehouse management to selling financial products. Workers are worried that they are going to find themselves replaced in the jobs market; employer services provider ADP recently surveyed 1,300 working adults and found that a third believe their job will be automated within […]
Full Post at www.independent.co.uk
Online streaming services ended the dominance of cable and satellite TV services, automated telephone systems have displaced receptionists, and fully autonomous cars threaten all sorts of commercial driving jobs.
In Ontario’s insurance sector though, the adoption of technology – think artificial intelligence, blockchain , and cloud services – hasn’t yet resulted in less jobs, according to a new report, “Better, Faster, Stronger: Maximizing the benefits of automation for Ontario’s firms and people,” from the Brookfield Institute for Innovation + Entrepreneurship.
One reason that employment in the province’s finance and insurance sector grew by 35% between 2002 and 2016, in spite of […]
Full Post at www.insurancebusinessmag.com