Category: Automation Impact on Jobs

So Maybe the Robots Really Are Coming

​NEW YORK – When a Walmart store began using the Cash360 machine to count currency, and digitally deposit the money at the bank, the retailer also replaced a task previously assigned to a human, who made $13 an hour counting cash and tracking the accuracy of the store’s book, writes the Wall Street Journal .

“They think it will be a more efficient way to process the money,” the employee, who has worked with Walmart for a decade, told the news source.

Nearly 4,700 of Walmart’s U.S. stores have a Cash360 machine, notes the Journal, which is making thousands of positions […]

Half of American jobs are at risk from automation, new study suggests

Half of American jobs are at risk from automation, new study suggests

The American workforce is under tremendous pressure with change coming on multiple fronts. That uncertainty is leading to political and social turbulence, a new research paper suggests.

One in four American jobs are at risk of being shipped overseas in the coming years and about half could be replaced by automation, according to Ball State University’s Center for Business and Economic Research. A new paper titled "How Vulnerable are American Communities to Automation, Trade, and Urbanization?" combines several recent studies on employment trends to present a stark view of the future job situation for certain parts of the country.

"Some places […]

Automation is saving oil jobs. Can other industries learn?

Automation is saving oil jobs. Can other industries learn?

The "Speedscan" robot will perform fully automated quality control inspections of oil-field equipment at a new Baker Hughes Inc. customer solutions center opening in Cincinnati this year. With machines taking over equipment inspections, safety inspections and facility monitoring, oil companies can free up workers to perform other duties, lowering costs and increasing productivity. Baker Hughes In early 2016, the manufacturer Carrier Corp. announced 2,000 layoffs as the company shifted manufacturing to Mexico to take advantage of cheaper labor. The news made national headlines and prompted criticism from President Trump, who negotiated with the heating, ventilation and air conditioning company […]

I am the robot. I am here to take your job

MUNCIE, INDIANA • New study says American workers still vulnerable to robotic replacement

• “With broad job losses, red districts get redder, and blue districts get bluer”

Where are American manufacturing jobs headed in the coming years? While many will still be sent to countries with cheap labor, others will suffer a “Terminator”-like death: killed by the robots, says new research from the Center for Business and Economic Research at Ball State University in Muncie, Indiana.“As a workplace is automated, it is unlikely that all occupations will be eliminated. Rather, some jobs will be created, some will be destroyed, and others […]

Half of American jobs are at risk from automation, new study suggests

Half of American jobs are at risk from automation, new study suggests

The American workforce is under tremendous pressure, with change coming on multiple fronts. That uncertainty is leading to political and social turbulence, a new research paper suggests.

One in four American jobs are at risk of being shipped overseas in the coming years and about half could be replaced by automation, according to Ball State University’s Center for Business and Economic Research. A new paper titled, "How Vulnerable are American Communities to Automation, Trade, and Urbanization?" combines several recent studies on employment trends to present a stark view of the future job situation for certain parts of the country.

"Some places […]

Artificial Intelligence Will Widen The Gap Between Rich And Poor

Artificial Intelligence Will Widen The Gap Between Rich And Poor

BEIJING, CHINA – APRIL 14: An Ultraman-shaped robot makes shaved noodles in 10 seconds. It’s been working at the restaurant for over two years with no failure. Globally, the economic divide is growing. The rich are getting richer and the poor are getting poorer. In Australia, more than a quarter of households have recently experienced a decrease in income. The reasons for the growing economic divide are many and complex. They include factors such as job insecurity, wage cuts and underemployment.

Underemployment and unemployment are being affected by growing use of artificial intelligence in the workplace. As technology rapidly progresses, […]

Artificial Intelligence: Smart Machines Pose Both Threat and Opportunity for Workers

Robotics and new Artificial Intelligence technologies like Deep Learning may mean that jobs with many repetitive tasks that are currently being done by humans will be replaceable by machines in the not too distant future.

Stephen Prentice , vice-president and Gartner analyst, said that “the economics of artificial intelligence (AI) and machine learning will lead to many tasks performed by professionals today becoming low-cost utilities. AI’s effects on different industries will force the enterprise to adjust its business strategy. Many competitive, high-margin industries will become more like utilities as AI turns complex work into a metered service that the […]

Robots Are Replacing Workers Where You Shop

Robots Are Replacing Workers Where You Shop

Last August, a 55-year-old Wal-Mart employee found out her job would now be done by a robot. Her task was to count cash and track the accuracy of the store’s books from a desk in a windowless back room. She earned $13 an hour.

Instead, Wal-Mart Stores Inc. started using a hulking gray machine that counts eight bills per second and 3,000 coins a minute. The Cash360 machine digitally deposits money at the bank, earning interest for Wal-Mart faster than sending an armored car. And it uses software to predict how much cash is needed on a given day to […]

AI will have huge impact on Indian jobs: Former U.S. chief data scientist D.J. Patil

AI will have huge impact on Indian jobs: Former U.S. chief data scientist D.J. Patil

He advises young professionals to prepare and train themselves in new technologies The emergence of Artificial Intelligence and automation is going to have a huge impact on jobs in the country, says former U.S. chief data scientist D.J. Patil.

“Everybody talks about self-driving cars, but we don’t talk about boring stuff, (like) bank tellers,” Mr. Patil told his co-panelist Infosys co-founder Nandan Nilekani during a fireside chat at an event in Bengaluru. “I recently went to a hotel and they didn’t have lawn mowers anymore, they had robots.”

Mr. Patil said that in the tech sector, where he is really concerned […]

More than 75% of American workers aren’t worried about their jobs being replaced by robots, AI

More than 75% of American workers aren't worried about their jobs being replaced by robots, AI

For all the hype about artificial intelligence (AI) completely replacing human jobs, the vast majority of Americans are still not very worried about it. According to the 2017 Randstad Employer Brand Research , released Tuesday, a whopping 76% of US workers do not fear that their job will be replaced by a machine.

In fact, only 14% of American employees hold this fear. And 30% actually welcome automation in the workplace, which they said could improve their current jobs.

The findings, which seems to contradict popular opinion, are based on a survey gauging employee attitudes about AI and automation. According to […]