The Manufacturing Sector Must Work With Technology in New Ways

The Manufacturing Sector Must Work With Technology in New Ways

iStock.com/LeonidKos In 1886, the world’s first functional automobile, the Benz Patent-Motorwagen, was unveiled. The two-seater with three wire-spoked wheels was engineered with a light chassis and a maximum speed of about 16km/h.

About 25 Patent-Motorwagen vehicles were built between 1886 and 1893, requiring critical human skills and intensive manual labor to manufacture. The Benz Patent-Motorwagen was ahead of its time and marked the beginning of a revolution that would radically transform manufacturing across industries.

This metamorphosis has led to the current era of Industry 4.0 – or digital transformation of manufacturing – in which the integration of intelligent machines, real-time workflows […]

Jobs With Less Risk Of Automation

Jobs With Less Risk Of Automation

The world is rapidly changing, and automation takes center stage. With technological advancements today, there is fear that robots will take over humans’ jobs in many sectors.” Nonetheless, there are some jobs that robots or AI are less likely to take up than others. Skilled trades jobs, for example, are recommended alternatives for anyone who wants a career with low automation risk.

Let’s explore six skilled trade jobs in the US that are less likely to be automated, along with data highlighting their demand and growth potential. Why Skilled Trades?

Skilled trades are typically acquired through apprenticeships or vocational training […]

Why AI May Be Better for Latin America Than You Think

Why AI May Be Better for Latin America Than You Think

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BUENOS AIRES—“It is difficult to make predictions, especially about the future.” This quote, often attributed to Nobel Prize-winning physicist Niels Bohr, has never been more valid than when applied to the ongoing debate about AI and labor markets.

A few years ago, the consensus was clear. Automation would likely replace medium-skilled jobs , depress low-skilled wages due to competition from displaced middle-skilled workers, and widen the skill premium. This trend was exacerbated by the decline of jobs that require personal contact and the surge in remote work and e-commerce during the pandemic . As a result, low- […]

Navigating the Future of Work in Blue and Gray Collar Industries

By Nilesh Dungarwal

In the ever-evolving landscape of global industries, the traditional divide between blue and gray collar jobs is increasingly becoming blurred. As technological advancements continue to reshape our world, the future of work in these sectors presents both challenges and opportunities. It is imperative for businesses, policymakers, and individuals alike to understand and adapt to these changes to thrive in the years to come.

Embracing Technological Advancements: One of the most significant transformations in blue and gray collar industries is the integration of advanced technologies such as artificial intelligence (AI), robotics, and automation. These innovations are not […]

Guest opinion: Technological progress and increasing income inequality

Guest opinion: Technological progress and increasing income inequality

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Vijay Mathur

Technological change in the U.S. is essential for capitalism and the market economy to thrive in the globally competitive economy. Many economists and non-economists, including politicians and businesses executives, believe that technical change and automation improve production efficiency, save labor cost, and increase productivity and profits. There is also an understanding that workers will participate in productivity and profit increases in the form of higher employment and wages. Therefore, the share of productivity increase for workers will grow in addition to the increase in shares of profits and compensation for business executives, thus decreasing income inequality. However, […]

In Russia, there has been a prediction of a decrease in demand for managers.

In Russia, there has been a prediction of a decrease in demand for managers.

OREANDA-NEWS In Russia, by 2029, the demand for employees from the "managers" category will fall, but the need for highly qualified specialists will increase. This was reported by RBC with reference to calculations carried out by experts of the Ministry of Labor and Social Protection for the national project "Personnel".

The need for bosses will decrease by 533.2 thousand people. And most of all, by 200 thousand, in the field of wholesale trade and repair. In addition, demand in the manufacturing and construction segments will decrease by 100 and 79 thousand people, respectively.

The demand for highly qualified specialists will grow […]

The Great Automation Shift: Friend or Foe to the Future of Work?

The Great Automation Shift: Friend or Foe to the Future of Work?

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The specter of automation has haunted the working class for decades. From the textile mills of the Industrial Revolution to the self-driving cars of today, technological advancements have constantly reshaped the landscape of employment. Yet, the current wave of automation, fueled by artificial intelligence and robotics, feels different. Its potential impact on jobs is vast and multifaceted, prompting a crucial question: is automation a harbinger of mass unemployment or a catalyst for a transformed yet prosperous future of work?

On the surface, the threat of automation appears undeniable. Repetitive tasks, once the domain of human labor, […]

If You Have Any Of These 13 Jobs, Your Career Might Vanish In 5 Years

If You Have Any Of These 13 Jobs, Your Career Might Vanish In 5 Years

As AI and automation reshape industries at lightning speed, the job market is experiencing a radical transformation. Here’s a look at 13 jobs that experts predict could vanish or be dramatically altered in the next five years, reshaping the employment landscape as we know it.

Tech Insights in Your InboxSubscribe to our free newsletter and never miss out on what’s happening in the tech world. Learn Tech Today, Lead Tomorrow. 1. Data Entry Clerks and Bookkeepers

Note : While these jobs may disappear in their traditional forms, many will likely evolve or be replaced by new roles. The pace and […]

If You Have Any of These 13 Jobs, Your Career Might Vanish in 5 Years

If You Have Any of These 13 Jobs, Your Career Might Vanish in 5 Years

As AI and automation reshape industries at lightning speed, the job market is experiencing a radical transformation. Here’s a look at 13 jobs that experts predict could vanish or be dramatically altered in the next five years, reshaping the employment landscape as we know it. 1. Data Entry Clerks and Bookkeepers

Note : While these jobs may disappear in their traditional forms, many will likely evolve or be replaced by new roles. The pace and extent of change will vary by region, industry, and individual adaptability to new technologies

Data Entry Clerks and Bookkeepers are facing a rapidly changing […]

From Warehouses to Complex Environments: The Rise of GenAI-Powered Robotics

From Warehouses to Complex Environments: The Rise of GenAI-Powered Robotics

Discover the transformative impact of GenAI-powered robotics across industries from warehousing to healthcare. Learn how advanced AI-driven robots enhance efficiency, safety, and precision while addressing integration challenges The development of robotics has advanced significantly over the past few decades. It evolved from basic mechanical arms performing repetitive tasks to sophisticated systems powered by Generative AI (GenAI) , which can handle complex functions. This transformation spans industries from warehousing to healthcare, agriculture, disaster response, and urban infrastructure.

Robots have fascinated humanity since early science fiction. Today, they are an integral part of many industries. The evolution from simple automation to advanced […]