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
Emerging technologies like artificial intelligence and robotics will have a dramatic impact on the future of work. Already, today’s most valuable technology companies employ about one-fifth as many workers as the most valuable companies in the 1960s. Estimates of workforce displacement due to automation range from the OECD’s 14 percent of current jobs to the European think tank Bruegel’s 54 percent . Automation will disproportionately affect low-skill workers that are least able to adapt to these changes. On May 14, Center for Technology Innovation Founding Director Darrell West unpacked these trends in a presentation and a panel discussion held […]
Full Post at www.brookings.edu
The rise of automation in the coming decades will require a shift in political, educational and societal approaches to handle an evolving U.S. workforce and population, according to panelists speaking Monday at the Brookings Institution in Washington.
Some experts suggested that without fundamental changes to reduce risk and expand opportunities, the rise of automation and associated technologies — artificial intelligence, driverless cars and robots — could have negative repercussions for low-skilled workers and Midwest residents.
Darrell M. West, founding director of the Center for Technology Innovation at Brookings, said the U.S. political system needs to be ready to tackle rising populism […]
Full Post at morningconsult.com
Robots are not to blame for the loss of millions of U.S. manufacturing jobs. Millions of Americans who lost manufacturing jobs during the 2000s have long ”known” China was to blame, not robots. Evidently many academics who’ve studied the issue are finally drawing the same conclusion.
For years economists have viewed the increased role of automation in the computer age as the culprit for some 6 million lost jobs from 1999 to 2010 — one-third of all U.S. manufacturing employment. Firms adopted new technologies to boost production, the thinking goes, and put workers out of the job in the process. […]
Full Post at www.marketwatch.com
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 […]
Full Post at www.theglobeandmail.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