Study: Automation drives income inequality

Study: Automation drives income inequality

New data suggest most of the growth in the wage gap since 1980 comes from automation displacing less-educated workers. When you use self-checkout machines in supermarkets and drugstores, you are probably not — with all due respect — doing a better job of bagging your purchases than checkout clerks once did. Automation just makes bagging less expensive for large retail chains.

“If you introduce self-checkout kiosks, it’s not going to change productivity all that much,” says MIT economist Daron Acemoglu. However, in terms of lost wages for employees, he adds, “It’s going to have fairly large distributional effects, especially for […]

Artificial Intelligence in art underlines deeper implications for workers

Artificial Intelligence in art underlines deeper implications for workers

The AFRO editorial team created this image by simply typing “this is the future of art” into the AI image generator, Stable Diffusion. (AFRO File Photo) By Matthew Wynn and Kyle Russo,
Capital News Service

Artificial Intelligence — it’s the thing of sci-fi movies and dystopian novels. It’s also present and real, impacting laborers and professionals across industries.
Recently, a man used the AI image generator Midjourney to enter a fine arts contest for the Colorado State Fair under the “Digital Arts/Digitally-Manipulated Photography” category. His piece won the top prize, sparking conversation from artists about the validity of AI in […]

Impact of AI on future job roles

Impact of AI on future job roles

Vimal Daga There is no reason and no way that a human mind can keep up with an artificial intelligence machine by 2035.” —Gray Scott.
“Sooner or later, the US will face mounting job losses due to advances in automation, artificial intelligence, and robotics.” —Oren Etzioni.

Despite the fact that these statements and observations certainly raise alarms, there is a growing concern and apprehension that technology is on the verge of replacing human jobs in the near future, as a result of the emergence, evolution, and expansion of artificial intelligence.
There is no doubt in our minds that technology has engulfed […]

AI is not your friend

“S hiny kit syndrome”. It is a well-known experience in the army, that when a new piece of equipment arrives, and hard-bitten, unemotional soldiers get all excited. The arrival of Artificial Intelligence (AI) in the creative world feels very similar. Suddenly one can ask an AI programme to create a work of art. You name it, the programme will do it. An astronaut riding a dinosaur in the style of Picasso? No problem. 5000 words on the role of feminism in the American Civil War? Easy. Of course the quality may still be debatable, but there are now programmes […]

Automation Doesn’t Have to Mean Unemployment and Misery

Automation Doesn’t Have to Mean Unemployment and Misery

From the 1940s to the 1970s, much of the US intelligentsia was transfixed by the notion that technology would in short order largely eliminate manual work. (Yuichiro Chino / Getty Images) The following review of Jason Resnikoff’s Labor’s End: How the Promise of Automation Degraded Work (University of Illinois Press, 2021) is reproduced from our sister publication Catalyst Review , which features weekly commentary on important scholarly work. The threat that automation is in the process of destroying large numbers of jobs has been much discussed recently. Sober think tanks such as the Brookings Institution and the McKinsey Global […]

Automation in Mexico and real wages

Automation in Mexico and real wages

Mexico , among a few other countries, did not experience real wage growth associated with increased use of robots (automation), highlights a report released by the World Bank .

Above all, automation in Mexico has been associated with a fall in unit labor costs and a faster decline in activities that rely relatively more heavily on robotic automation than in industries with low robot density.

As a result, the report indicates that the automation phenomenon has mostly rewarded capital and contributed to the downward trend in the labor income share in the country.Moreover, real wages in the highly automated automotive sector […]

Techman Robot launches ‘all-in-one’ AI collaborative robot series

Techman Robot launches ‘all-in-one’ AI collaborative robot series

Techman Robot has launched its “TM AI Cobot” series, describing it as a “collaborative robot which combines a powerful and precise robot arm with native AI inferencing engine and smart vision system in a complete package”.

The company says the new machine is ready for deployment in factories and can accelerate the transition to Industry 4.0.

Techman says the TM AI Cobot works on the principle of being smart, simple and safe. By combining visual processing in the robot arm, the AI Cobot can perform fast and precise pick and place, AMR, palletizing, welding, semi-conductor and product manufacturing, automated optical […]

Is Amazon betting on the warehouse robot to replace humans?

Is Amazon betting on the warehouse robot to replace humans?

Amazon is acutely aware of the need for automation in its warehouse, which is why it is introducing the robot system,Sparrow. The Sparrow robot is able to pick up unpackaged items to sort them at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts. (Photo by Joseph Prezioso / AFP)

Manual labor in manufacturing and warehousing has had its share of shortcomings, from being relatively unproductive to causing accidental harm through the introduction of the human factor. Perhaps more acutely aware of these failings than others is the logistics powerhouse which is also a leading tech innovator, Amazon. But is the […]

How are millennials and Gen Z leading organizational automation

How are millennials and Gen Z leading organizational automation

Karan Jain

According to Gartner, automation is the fastest growing enterprise technology market today, and automation adoption is expected to displace 375mn workers from their roles by 2030. As this adoption of automation technology across business functions unfolds, it is worth noting as to how Gen-Z and millennials are reacting to it – especially as they will constitute 27% and 43% of the workforce by 2025.

How Gen-Z and millennials perceive their work Gen-Z and millennial workers perceive their role in workplaces differently from their previous generations in these regards: 1. They search for purpose: Millennials and Gen-z workers […]

Yukonomist: The robots have arrived, and they are not as scary as I thought

Yukonomist: The robots have arrived, and they are not as scary as I thought

A little robot calculates the fuel levels in home oil tanks. (Keith Halliday/Yukon News) On a recent Friday afternoon, in the fading Yukon light, a shadow passed my window.

It was a stranger, and he was headed for our oil tank.

I investigated and discovered he was carrying a strange device: an automated wireless oil tank gauge. In effect, a little robot to watch my fuel gauge 24/7 and text headquarters whenever I need a fill.If we wanted to have a Twitter meltdown, we could describe the stranger as a stormtrooper of global techno-capitalism on a mission to deploy a job-killing […]