Tag: software

A World Without Work? Don’t Hold Your Breath

A World Without Work? Don’t Hold Your Breath

Will we soon be sitting on couches watching reality TV shows while robots work 24/7 doing all of the work humans used to do? The idea that robots will replace most human labor has been around for almost 100 years and has become more popular with each new advance, from sensors and microprocessors to enterprise software, data analytics, and AI. A World Without Work by Daniel Susskind The latest wave of robot hysteria was tweaked by The Singularity is Near in 2005, emboldened by Race Against the Machine in 2012, and sent over the top by The Second Machine […]

The competitive advantage of digitalized oil & gas data

The competitive advantage of digitalized oil & gas data

Here are the top four reasons why digitalization should be the highest priority – to increase competitiveness for both you and your company.

Deploying strategic digitalization projects is the process of creating real-time data streams to enable better, faster decision-making and execution. This means piloting solutions that enable operators to obtain and disseminate critical information directly at their workstation, paperless. #1 Automation of Operations

Automation of operations will continue to grow every year. Surveillance, monitoring, remote operation, automated workflows, business processes, data integration, and auto collection will minimize data entry, provide higher data quality, and lead to better decision making, […]

Back to the Future: Engineering Progress in 2021

Back to the Future: Engineering Progress in 2021

The engineering market plays a significant role in the economy since it connects science and industry. Engineering companies bring a multiplier effect from the implementation of large projects to producing regions: employment and qualifications of personnel are growing, tax revenues are growing, territories are developing. The contribution of engineering to the development of the domestic industry, the introduction of new product samples to the market is constantly growing. What Is the Point?

UNESCO notes the vital role of engineering as an engine of innovation, but at the same time, it notes that there is a shortage of qualified engineers […]

Kevin Carmichael: Don’t fear the robots, people

Kevin Carmichael: Don't fear the robots, people

Some of today’s pessimists favour taxing algorithms and robots to keep employers from abandoning most of their humans. Others reckon that technology will make most of us better and richer, like it always has. Article content

History is imperfect. Most of the original stories were written by conquerers, so they’re one-sided. Modern historians have done hero’s work trying to correct the record by digging into primary sources, but myths persist: There is only so much data a professor and a team of research assistants can process, even when ancient ledgers and old diaries have been digitized.

Revisionist history is about […]

Surviving Automation: It’s Now Coming for White-Collar Workers

Surviving Automation: It's Now Coming for White-Collar Workers

human hand and robot hand touching computer screen Concerns about the increasing automation of lower-wage and service jobs have been in the zeitgeist for several years now. But it’s increasingly clear that automation can also take over some of the tasks associated with white-collar workers, such as contract generation (lawyers) and chatbots (customer support agents).

With both cultural changes like the COVID-19 pandemic and technological developments like robotic process automation (RPA) accelerating the move toward automation, white-collar professions previously considered AI-proof are in the crosshairs. Surviving automation in the workplace will only become more difficult, as McKinsey has upped its […]

Virus era decreases human workers

Virus era decreases human workers

The United States today is producing roughly the same amount of goods and services as before the coronavirus pandemic — but with 8.2 million fewer workers, equal to the combined payrolls of every employer in Virginia, Arizona and Iowa.

Greater productivity is the rare silver lining to emerge from the crucible of covid-19. The health crisis forced executives to innovate, often by accelerating the introduction of industrial robots, advanced software and artificial intelligence that reduced their dependence upon workers who might get sick.

Even as millions of Americans remain jobless, retailers, food processors, energy producers, manufacturers and railroads all are stepping […]

Hiring troubles prompt some employers to eye automation and machines

Cambridge-based Moderna plans to increase its spending on digital automation and artificial-intelligence investment to $170 million this year, up from $27 million two years ago.Nancy Lane/Associated Press The United States today is producing roughly the same amount of goods and services as before the coronavirus pandemic — but with 8.2 million fewer workers, equal to the combined payrolls of every employer in Virginia, Arizona, and Iowa.

Greater productivity is the rare silver lining to emerge from the crucible of COVID-19. The health crisis forced executives to innovate, often by accelerating the introduction of industrial robots, advanced software, and artificial intelligence […]

Hiring troubles prompt some employers to eye automation and machines

From warehouses to oil fields, artificial intelligence, robots and advanced software are leaving a mark

The United States today is producing roughly the same amount of goods and services as before the coronavirus pandemic — but with 8.2 million fewer workers, equal to the combined payrolls of every employer in Virginia, Arizona and Iowa.

Greater productivity is the rare silver lining to emerge from the crucible of covid-19. The health crisis forced executives to innovate, often by accelerating the introduction of industrial robots, advanced software and artificial intelligence that reduced their dependence upon workers who might get sick.Even as millions […]

Focus On Productivity: How COVID taught us to do more with less resources…

Focus On Productivity: How COVID taught us to do more with less resources...

Focus On Productivity: How COVID taught us to do more with less resources…

According to the Global Travel Staffing Barometer, due to the pandemic, travel companies around the world have laid off or furloughed over half a million people, and the number of LinkedIn users in the hospitality space applying the #opentowork hashtag to their profiles grows day after day. Most hotels are struggling to run operations with skeleton crews only, yet they do not have any real alternative. In some countries, in fact, the financial help coming from governments is close to zero, so the only option for […]

Winning with AI – Strategies for Organizations to Boost AI Literacy

Winning with AI – Strategies for Organizations to Boost AI Literacy

Artificial intelligence (AI) tools are more commonly adopted in all types of businesses and industries. As a result, it’s critical that everyone in the company understands how AI and machine learning can help them do their jobs better and make more informed decisions. However, AI literacy is currently lacking in most organizations, with the exception of a few specialized technical roles.

There has been a lot of talk about the imminent lack of employment as a result of artificial intelligence adoption . However, while machines are rapidly outperforming humans in daily activities, they are often creating completely new jobs […]