Automation Impact on Jobs Archives - Page 358 of 804

Employees less upset at being replaced by robots than by people

Generally speaking, most people find the idea of workers being replaced by robots or software worse than if the jobs are taken over by other workers. But when their own jobs are at stake, people would rather be displaced through automation than by another person. That is the conclusion of a study by the Technical University of Munich (TUM) and Erasmus University in Rotterdam.

Over the coming decades, millions of jobs will be threatened by robotics and artificial intelligence. Despite intensive academic debate on these developments, there has been little study on how workers react to being replaced through technology.

To […]

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OnevoxPRess: Robots Rising: The Automation Market Rises Worldwide in 2019

In 2019 there was an over 18% increase in funds comprised of 90 leading companies in the robotics, automation and artificial intelligence industry – the ROBO Global’s Robotics and Automation Index ETF, the world’s first benchmark index to track companies in the industry. The fund’s gain in the year – which is almost 35% of the total ETF gain accumulated since its launch in 2013 – shows a trend that is approaching a turning point for the robotics industry in the world economy. Robot use worldwide has increased threefold in the last two decades to 2.25 million, according to […]

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Can fake economies create real jobs? EVE Online CEO Hilmar Veigar Pétursson talks cryptocurrency, blockchain

Image: Supplied There’s never been a better time to try to build a perpetual jobs machine.

There are currently about 13 million working people in Australia, and an estimated 3 million jobs set to be lost to automation by 2030 .

Over in the USA, democratic presidential candidate Andrew Yang has warned that automation will continue improving efficiency, cutting costs, killing jobs and hollowing out the economic backbone of America, starting from the centre of the country and moving outwards. His plank is a universal basic income (UBI) scheme to counter the impending tidal wave of mass unemployment.In addition to […]

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OnevoxPRess: Robots Rising: The Automation Market Rises Worldwide in 2019

Since the late 1990s, a total of 2.25 million industrial robots have been deployed worldwide. By 2030, up to 20 million are expected to be in use globally.

Florida (PRUnderground) August 8th, 2019 In 2019 there was an over 18% increase in funds comprised of 90 leading companies in the robotics, automation and artificial intelligence industry – the ROBO Global’s Robotics and Automation Index ETF, the world’s first benchmark index to track companies in the industry.

The fund’s gain in the year – which is almost 35% of the total ETF gain accumulated since its launch in 2013 – shows a […]

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5 Applications Of Collaborative Robots In Manufacturing

Shutterstock Over the last few years, automation has gained immense popularity in various industries. And the manufacturing industry sits on the cutting edge of automation technology, ahead of other industries. With automation, manufacturing companies have revolutionized the way activities were once performed. With autonomous systems coming into the picture, human participation and involvement have reduced significantly. As a result, work gets done faster and more importantly, with greater precision.

Though automation changes the nature of employment, it has brought in huge profit opportunities to the manufacturing industry. One of the most extensively used types of automation machines is the collaborative […]

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Today’s BattleBot Competitor, Tomorrow’s Engineer

By Hunter Chase, Reporter

A 250-pound machine created purely for destruction may sound like something from a science fiction movie, but it’s reality for five students from Palos Verdes. They designed and built a robot with solid steel armor that spins three blades at 200 miles an hour. Rancho Palos Verdes residents Sean Stassi and Trevor Heise were featured in the third season of BattleBots , a fighting robot reality series.

The show consists of robots competing in three-minute one-on-one bouts with the goal of destroying or disabling the opponent. If there is no knockout during the battle, a panel […]

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OnevoxPRess: Robots Rising: The Automation Market Rises Worldwide in 2019

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Report this ad Why this ad? Ad covered contentNot interested in this adSeen this ad multiple timesAd was inappropriateWe’ll try not to show that ad againAd closed by Since the late 1990s, a total of 2.25 million industrial robots have been deployed worldwide. By 2030, up to 20 million are expected to be in use globally.(PRUnderground) August 8th, 2019 In 2019 there was an over 18% increase in funds comprised of 90 leading companies in the robotics, automation and artificial intelligence industry – the ROBO Global’s Robotics and Automation Index ETF, the world’s first […]

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Are you blinded by the promise of AI?

The business world is sharply focused on AI and ready to spend generously on what it might offer. In a recent PwC survey of 1,000 business executives, 20% of respondents said that “their organizations plan to implement AI enterprise-wide in 2019.” That’s one in five businesses planning enterprise-wide AI initiatives. According to the 2019 Harvey Nash/KPMG CIO Survey , AI/automation use is up as a board priority by 17%.

On top of that, the survey also revealed that over one-third of IT leaders worldwide believe that 20% or more of their workforce will be automated in the next five years. […]

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FACE IT: Jobs, Part 3 – The Possible Solutions

Clockwise from bottom left–London Free Press journalists Randy Richmond, Megan Stacey and Max Martin discuss the city’s employment situation with panelists Amanda Wilcox, Carol Stewart, Sue Wilson and Don Kerr in London, Ont. on Wednesday July 24, 2019. Derek Ruttan/The London Free Press/Postmedia Network You told us in a reader poll for last fall’s civic election what were London’s most pressing issues. While we debated bus rapid transit and political leadership vacuums, the other – and more lasting – ones didn’t get what they deserved. This series about employment is the first of three, followed by a series on […]

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IoT: Potential And Impact On How We Execute Business Processes

The business world is in the early days of capturing the value that IoT—in conjunction with cloud computing , big data, and AI—can unlock. geralt / Pixabay Our Cambrian Explosion of IoT is still ahead of us. But one thing is clear: IoT will change business in a major way. The question remains how . I argue it will profoundly change three fundamental aspects of business: how we make decisions, how we execute business processes, and how we differentiate products in the marketplace . First, decision-making will change, with data-driven decision-making in particular taking on an entirely new meaning. […]

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