Engineering Innovation By Focusing On People

Engineering Innovation By Focusing On People

[Innovation can engender negative connotations for many people, emanating from their fear of change and its unknown implications or consequences to the nature of work and the potential elimination of jobs. In our new business operating environment of accelerating change, ongoing education and case studies are critically needed to demonstrate to business leaders and employees how changing conventional ways of doing things can lead to better, safer, more rewarding workplaces and enhanced careers and industry leadership. The ability of innovation and technology to enrich industries and communities is only beginning. It is still underserved and “a wide-open space” for […]

AI’s role key, but firms need more time

AI's role key, but firms need more time

While C-suite executives across the world agree that artificial intelligence is key to increased productivity, most workforces are not yet ready to embrace the transformation, a report by international human resources service provider Mercer showed.

In a poll covering over 12,200 company executives and industry insiders across 17 geographies and 16 industries, 40 percent of the executives said AI is expected to increase workforce productivity by 30 percent, according to Mercer’s 2024 Global Talent Trends Study unveiled to Chinese audiences on Monday.

Under closer scrutiny, the 30 percent increase either stands for replacing 30 percent of the company’s human staff, or […]

Study: AI, Smart, Real-Time Manufacturing Poised to Increase Manufacturing Employment

Study: AI, Smart, Real-Time Manufacturing Poised to Increase Manufacturing Employment

Rather than displacing workers, employment will only grow with the adoption of these technologies.

Read enough reports and listen to enough mainstream media commentators, one can be forgiven with assuming most workers are on the verge of losing their jobs to artificial intelligence and related technology. A new study suggests quite the opposite, especially in the manufacturing sector. Technologies such as AI and robotics are only increasing demand for human workers.

Employment will only grow with the adoption of these technologies, a new global study of than 1,567 manufacturers across 17 countries commissioned by Rockwell Automation shows.Generative artificial intelligence “rocketed […]

Tech Giants Reduce Jobs: Apple, Amazon, Dell Downsize

Tech Giants Reduce Jobs: Apple, Amazon, Dell Downsize

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Tech giants reduce jobs: Apple, Amazon, and Dell reduce staff amid market shifts

In a constantly evolving technological landscape where innovation is relentless, concerns have arisen about the stability of employment in the tech industry. Recent statements from major tech players like Apple, Amazon, and Dell have brought attention to a pattern of workforce reductions that are reverberating across the global job market . This piece will delve into the rationales behind these job cuts, their implications for the industry, and the outlook of tech giants reducing jobs . The Trend […]

Three major changes that AI will bring in 2024

Three major changes that AI will bring in 2024

If 2023 was all about commercialization of AI, 2024 will see this trend gain further momentum. Enterprises will take proactive measures this year and craft a substantive AI strategy.

If 2023 was all about commercialization of AI, 2024 will see this trend gain further momentum. (Image/Reuters) – By Nachiket Deshpande

2023 was a watershed moment in AI’s journey to the mainstream. Looking ahead, we may identify 2023 as the pre-and post-GPT revolution threshold. If 2023 was all about commercialization of AI, 2024 will see this trend gain further momentum. Enterprises will take proactive measures this year and craft […]

AI’s impact on future jobs and growth

AI’s impact on future jobs and growth

Microsoft CEO highlights transformative potential in reshaping job landscapes and driving future growth According to Satya Nadella, group chief executive of Microsoft, the world has not experienced a new growth driver or emerging engine for some time due to prolonged stagnation. There is a pressing need for a new growth engine to unlock potential, with artificial intelligence (AI) emerging as the most powerful technology since the start of the internet era, capable of driving global productivity growth.

“Last year was a period of experimentation, and this year we anticipate real-world usage, impacting job roles that will undergo reshaping,” Mr Nadella […]

Ottawa looks to robotics to address labor challenges in the ag sector

Ottawa looks to robotics to address labor challenges in the ag sector

Ag News On Friday, the federal government announced funding for new innovative solutions to help deal with the ongoing labour challenges in the ag sector. Under Phase 2 of the Innovative Solutions Canada (ISC) program – Challenge Stream, five projects will each receive up to $1 million in funding.

The projects target the Canadian meat processing industry and the Canadian controlled environment agriculture industry – the concept is to advance automation and robotic technologies.

The projects approved for funding by Agriculture and Agri-Food Canada under the Canadian Meat Processing Technology Development Challenge include: Exonetik Inc. – Developing a low-cost, collaborative robot […]

Fast Food Brands Turn To Automation To Combat Rising Cost Of Business

Fast Food Brands Turn To Automation To Combat Rising Cost Of Business

Mallory Fink / KHTS News In an effort to lower labor costs, some fast-food franchises are turning to automation to take over tasks like taking orders, making simple items, or even delivery.

In Santa Clarita, these changes have already started to be implemented. Drive-thru visitors to the Weinerschnitzel on Soledad Canyon Road can have their orders taken by an automated voice program. Other companies also have plans to increase automation in the next several years.

Chipotle’s “Autocado ” is a collaborative robotic (cobotic) device that is built to assist staff members in the task of cutting, coring, and peeling […]

Elon Musk Thinks AI Will Take Most Jobs — Why That Might Not Be A Bad Thing

Elon Musk Thinks AI Will Take Most Jobs — Why That Might Not Be A Bad Thing

©Shutterstock.com Artificial Intelligence (AI) is quickly becoming a part of the workplace in many ways, from helping to write non-creative content, to automating some administrative tasks. While this is potentially helpful at streamlining busy work and making jobs more efficient, it also has people worried that AI is going to eventually replace workers in many industries and even take most jobs.

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The Future of Work in the Age of Automation

The Future of Work in the Age of Automation

The Future of Work in the Age of Automation

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· Follow 5 min read·4 hours ago Photo by Louis Reed on Unsplash In today’s rapidly evolving technological landscape, automation is revolutionizing the way we work and interact with machines. From artificial intelligence to robotics, automation is reshaping industries, transforming job roles, and raising questions about the future of work. This article delves into the implications of automation on jobs and industries, explores the skills and roles needed for the future workforce, examines the ethical considerations surrounding automated work environments, and provides insights into reskilling and upskilling strategies […]