Category: Automation Impact on Jobs

Automation and the implications for job market

Automation and the implications for job market

1. "The Rise of Automation: How Technology is Transforming the Job Market"

The Rise of Automation: How Technology is Transforming the Job Market

Automation, powered by advancements in artificial intelligence and robotics, is reshaping the job market at an unprecedented pace. According to a report by the McKinsey Global Institute, by 2030, up to 800 million jobs could be displaced globally due to automation. This transformation is not limited to low-skilled tasks; even roles requiring higher education and specialized skills are at risk. For instance, a study by the Brookings Institution found that nearly 25% of U.S. jobs are highly […]

Next-Generation Laundry Employee Evolution (Conclusion)

Next-Generation Laundry Employee Evolution (Conclusion)

CHICAGO — Laundry technology constantly evolves, from the hardware to the software and beyond. Next-Generation Laundry Employee Evolution It used to be productivity was measured on a clipboard. Today, washers and dryers communicate via Wi-Fi, and adjustments can be made on a touch screen or even remotely.

And who would have thought the term artificial intelligence (AI) would become part of the industrial laundry lexicon?

This constantly changing technology means changes to the jobs available for laundry employees and the skills required in the future.“We may see robotics taking a role in areas like sorting soil and folding with managers/supervisors relying […]

Advanced manufacturing can transform communities — when done right

Advanced manufacturing can transform communities — when done right

This story is a part of Technical.ly’s Advanced Manufacturing Month . See the full 2024 editorial calendar .

This is a guest post by Ken Malone, a cofounder and executive officer of Early Charm . The Baltimore-based company focuses on commercializing scientific advancements across industries and products.

For some, advanced manufacturing means integrating automation, robotics, AI and 3D printing to enhance efficiency, precision and customization. Others see it as producing cutting-edge technologies for clean energy, electronics and healthcare.While accurate, defining advanced manufacturing by its transformative social impact is more meaningful than by its processes or products.Envision facilities that are not just […]

Best practices for human-machine collaboration with Amir Ben-Assa, VP Marketing & Product Strategy, Plataine

Best practices for human-machine collaboration with Amir Ben-Assa, VP Marketing & Product Strategy, Plataine

Artificial intelligence and machine learning are incomparable in their ability to extract insights from immense datasets. But, in most cases, humans remain far better at understanding the context of those insights and the subtle variation of their meaning. The field of smart software, smart machines and cobots (collaborative robots) demonstrated dramatic technology advancements in recent years, so dramatic that the manufacturing sector cannot ignore.

Artificial Intelligence (AI) is not just a technological trend, but a real paradigm shift in the way companies operate and grow. However, despite the impressive achievements of AI in the fields of speech recognition and […]

Increasing the Minimum Wage Comes at Too High a Price for Workers

Increasing the Minimum Wage Comes at Too High a Price for Workers

COMMENTARY BY Senior Research Fellow, Roe Institute

Rachel researches and analyzes taxes, Social Security, disability insurance, and pensions to promote economic growth. A view of an ordering kiosk at The Habit Burger Grill on April 11, 2024 in San Rafael, California. Justin Sullivan / Getty Images Key Takeaways

Some of the hardest hit among the millions of people impacted by job losses or reduced hours following minimum wage increases are fast-food workers.High minimum-wage laws cut off the bottom rung of the career ladder, effectively pricing the least-advantaged workers out of employment.Instead of wage mandates, policymakers should help workers achieve real […]

Market Report: Autonomous Mining

Market Report: Autonomous Mining

Automation is a key trend within the mining industry in the 21 st century, offering safety, efficiency, productivity, and financial health benefits to mines. This article will examine the autonomous mining market, looking at key trends, factors, technologies, challenges, and players. Introduction to the Autonomous Mining Equipment Market

The mining sector is undergoing a technological revolution, embracing Industry 4.0 technologies. The industry’s goal is to move from the traditional, labor-intensive mine that has been the norm for millennia to a more automated, integrated mine ecosystem.

There are two forms of automation taking hold in the mining industry: process/software automation (IT […]

QA Wolf secures $36M to grow its app QA-testing suite

QA Wolf secures $36M to grow its app QA-testing suite

Enterprise Image Credits: Olemedia / Getty Images Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted QA and testing. The stakes are high. In a survey by QA software-testing company QualiTest Group, 88% of app users said that they’d abandon apps with bugs and glitches .

Jon Perl, Laura Cressman and Scott Wilson — software developers and marketers by trade — had the idea to create a platform, QA Wolf , to make QA for mobile and web apps […]

Where Will the New Jobs Come From?

Where Will the New Jobs Come From?

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Reddit Flipboard Email Share Sign in the window of a cafe advertises that the business is hiring new staff. Humans, it seems, are always on the verge of obsolescence. There is no innovation without opposition from two groups: people who lose their jobs and people who think about mass unemployment and ask, “Where will the new jobs come from?” The devil is in the details, but at least in principle, redistribution should be able to win the first group’s assent. The second group of professional and amateur hand-wringers need to be persuaded. While economists cannot say with […]

Sam Altman’s Universal Basic Income Study Reveals Shifts In Spending And Employment

Sam Altman's Universal Basic Income Study Reveals Shifts In Spending And Employment

In a groundbreaking initiative that seeks to understand the impacts of universal basic income (UBI), Sam Altman, the CEO of OpenAI, has been at the forefront of a three-year experiment providing cash to individuals in need. The project has granted $1,000 monthly to thousands of participants across Illinois and Texas, examining how a guaranteed income might reshape lives in an era increasingly influenced by artificial intelligence.

Launched in November 2020, the study included around 3,000 individuals aged 21 to 40 who earn less than $30,000 per year. One-third received $1,000 each month, while a control group was given just $50. […]

Why do we need AI, why is it becoming an indispensable tool?

Why do we need AI, why is it becoming an indispensable tool?

Why do we need AI? It’s not just a question – it’s reshaping our world faster than you can say “Hey Siri.”

Artificial intelligence is everywhere these days. It’s in your pocket, helping your phone recognize your face. It’s in your email, sorting out spam. It’s even in your car, making parking easier. AI is like a super-smart helper that never gets tired. But AI isn’t just about making cool gadgets. It’s changing how we work, learn, and live. Doctors use AI to spot diseases earlier. Scientists use it to understand climate change better. Artists use it to create new […]