Collaborative robots: the affordable automation solution for Indian MSMEs

Collaborative robots: the affordable automation solution for Indian MSMEs

Image credit: blueprint.cbre.com An IFR report states that a new record high of 381,000 collaborative robot (cobot) units were shipped globally in 2017, which is a 114 percent growth in the period 2013–2017. In sync with this global trend of the rapidly rising use of robotic process automation (RPA), even the small and medium scale enterprises (MSME) sector in India is witnessing a steadily increasing penetration of robotics.

The layperson thinks of a robot as a mechanical humanoid creature which may or may not be intelligent, but from the perspective of process automation, robotics comprise mechanical non-intelligent arms and bots […]

The media is becoming more positive about AI, and it probably should

I would more readily label myself, if forced, as a technology optimist rather than pessimist. So I very much like this chart from the new AI Index report : Now I am not sure what explains the upturn. My guess is the “AI will take all the jobs” story is a natural first impulse for a society raised on sci-fi showing supercapable computers and robots. (Probably also “AI like Skynet will destroy humanity.) But many economists and technologists have since pushed back on that idea, and maybe their arguments are taking root. (And I have done a considerable bit […]

Freelancers, Brexit and robots: prepare for a changing workforce in 2019

Freelancers, Brexit and robots: prepare for a changing workforce in 2019

Finding ways to communicate with freelance and gig workers will be essential in 2019 The workforce has been through some monumental changes in the past few years.

This is mostly because of technological advances such as social media, automation and instant messaging creating brand new jobs, new ways of working or doing away with work completely. However, all of that is going to pale in comparison compared to what’s in store, both in 2019 and the long run. We’re in a new industrial revolution and just like the previous ones, the workforce is set to be transformed.

So how can business […]

The most important job in the world is one no one wants anymore

This story is part of What Happens Next , our complete guide to understanding the future. Read more predictions about the Future of Aging .

A lot of caregiving policy feels like it was written in the 1950s—because it was.

Our system of caregiving was built for a time when the economy functioned on women’s unpaid labor. In the 1960s, when Medicare was created , just over one third of women participated in the workforce. As most women were full-time homemakers who stayed home to cook, clean, and care for the children and grandparents, the social safety net didn’t need […]

Why The Agile Workplace Must Include AI And Humans

Why The Agile Workplace Must Include AI And Humans

Getty Getty The way work gets done is changing drastically. While many companies use outsourcing, temporary workers and agency partners to extend in-house capabilities and ramp up support during high-demand times, the majority of business operations continue to be handled by a core group of full- and part-time permanent workers. While this may have sufficed in the past, HR and business leaders need to rethink and redesign their legacy employment models to ensure business sustainability.

What should the workforce of the future look like? Unlike today’s model, it will be made up of three distinct types of “workers”: traditional (full- […]

Axios Future

Axios Future

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Consider inviting your friends and colleagues to sign up . And if you have any tips or thoughts on what we can do better, just hit reply to this email or message me at steve@axios.com . You can reach Kaveh at kaveh@axios.com and Erica at erica@axios.com.

Okay, let’s start with … 1 big thing: Economic juice Photo: Justin Sullivan/Getty For more than a year, the U.S. jobless rate has hovered right around 4% — including the last three months, when it’s been a mind-boggling 3.7%, a half-century low. Fast-growing companies desperate for workers have […]

40 per cent and 50 per cent of jobs

The report acknowledged that many jobs in Australia – 26 per cent according to one OECD paper – will still be "significantly changed by technology, requiring different and new skills".

But as for evidence that robots were destroying jobs, the report observed that the total amount of work per person in Australia had been "roughly stable over the last five decades".

"Fears that labour-displacing technological progress and improvements in productivity would bring about a large drop in available jobs have not materialised," it said."In fact, productivity increases have been associated with more employment, particularly so in Australia."It said there had been […]

More sex in driverless cars?

More sex in driverless cars?

By Chang Se-moon Will sex be more common in driverless cars? At least some studies speculate that to be the case, suggesting the likelihood that more people will die in clashes of driverless cars, a byproduct of artificial intelligence (AI). (The Washington Post, Nov. 13, A15)
Besides more sex in driverless cars, one practical question that everyone is concerned about in AI relates to what types of jobs are likely to be replaced by machine learning. Machine learning is a sub-field of AI that could impact practically everyone in the labor market, including sex workers.
Professors Erik Brynjolfsson of […]

Coping with FIRe

Coping with FIRe

I had the privilege to listen to Dr. Aniceto Orbeta of the Philippine Institute for Development Studies (PIDS), the government think tank, when he made a presentation on Labor and Global Development before the People Management Association of the Philippines.

Now, the FIRe in the title of this column doesn’t refer to firing laborers but rather the shorthand for what Dr. Orbeta in his presentation calls the Fourth Industrial Revolution (FIRe). According to Dr. Orbeta, the First Revolution was about steam, water, and mechanical production equipment, starting about 1784. The Second Revolution was about division of labor, electricity, mass production, […]

The Learning Landscape For 2019

The Learning Landscape For 2019

Digital transformation leads to continuous adaptability

1486452216_DcfNbn_ed-tech.jpg As 2018 comes to a close, it is a good time to contemplate developments in the global learning landscape. In recent years, innovations in Artificial Intelligence, Machine Learning and the Internet of Things have been major drivers in transforming business, work and everyday life. While these transformative technologies revolutionized the job market, the skill set demanded by employers has also experienced a major transformation.

Organizations across every industry are now hungry for candidates who possess a varied skillset replete with the latest digital skills and an enthusiasm for continuously upskilling during the course […]