The Future of Automation in America, written by Janelle Davis

The Future of Automation in America, written by Janelle Davis

A few years ago at an airport in Florida, I remember a memorable experience while dining at Chili’s for breakfast. The peculiar thing was that a waiter or waitress never approached us to jot down our orders. Instead, plain black tablets stationed at each booth recorded every diners’ request and sent it directly to the kitchen. Additionally, while at the grocery store aisles, I recall a form of customer service robot rolling through, asking if customers required assistance. Indeed, automated services sparsely existed in the beginning of the 21st century, although automation has claimed an increasing presence in the […]

AI Should Change What You Do — Not Just How You Do It

AI Should Change What You Do — Not Just How You Do It

Few leaders would dispute the fact that business today is driven by data and smart algorithms. Yet, rather than real digital transformation, many instead pursue digital incrementalism, using automation to cut costs or, worse — cut jobs. Doing so might buy you some time from impatient shareholders, but it will be short-lived unless you can face the challenge: How do you reimagine what you do for a new era of AI-powered competition?

The high unemployment numbers of the Covid-19 recession have obscured a systemic problem: the accelerating effect of automation on the workforce. We have been here before. In […]

Robots Driving Forklifts Score Venture Capital, Create Jobs

Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here , and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.

Silicon Valley investors are increasing bets on a Pittsburgh company that turns a venerable machine of the past century of industrialization — the forklift — into a driver of the e-commerce boom.

Seegrid Corp., a maker of autonomous forklifts and robot-powered vehicles used to move materials around warehouses and factories, just closed on equity financing totaling $52 million from Menlo, California-based venture fund G2VP LLC and an undisclosed group […]

Robots Driving Forklifts Score Venture Capital, Create Jobs

Robots Driving Forklifts Score Venture Capital, Create Jobs

(Bloomberg) — Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.

Silicon Valley investors are increasing bets on a Pittsburgh company that turns a venerable machine of the past century of industrialization — the forklift — into a driver of the e-commerce boom.

Seegrid Corp., a maker of autonomous forklifts and robot-powered vehicles used to move materials around warehouses and factories, just closed on equity financing totaling $52 million from Menlo, California-based venture fund G2VP LLC and an undisclosed group […]

Trump’s plan to ‘decouple’ from China will require a robot revolution: Don Pittis

Trump's plan to 'decouple' from China will require a robot revolution: Don Pittis

U.S. President Donald Trump in a Labour Day address to reporters called for decoupling from China to bring manufacturing jobs home. (Sarah Silbiger/Reuters) As North America goes through its biggest recession and loss of jobs in decades, U.S. President Donald Trump is offering a job creation solution.

In a Labour Day election address to the media, the Republican candidate declared that a move toward "decoupling" from China would transform the U.S. economy and bring manufacturing jobs home.

"We will make America into the manufacturing superpower of the world and we’ll end reliance on China once and for all," Trump said in […]

Visualizing Data: How Data Insights Could Be About To Change

Visualizing Data: How Data Insights Could Be About To Change

Gartner recently noted a shift away from data dashboard. Is this a trend that will continue? As businesses collect vast quantities of information from their customers and commercial partners, how can this data be visualized for insights? Is the data dashboard now not fit for purpose

According to Gartner ’s top 10 data and analytical trends of 2020, the use of analytics dashboards will decline being replaced by automated data stories over the next three-to-five years. Is visualizing data about to radically change?

The dashboard has been a cornerstone of data analytics for decades. Is this about to change, as AI […]

Report: Job Growth In Next Decade Predicted Slower Than Great Recession

Report: Job Growth In Next Decade Predicted Slower Than Great Recession

U.S. employment is projected to increase by 6 million jobs over the decade from 2019 through 2029.

But the annual growth rate is slower than during the economy’s recovery from the Great Recession, according to U.S. Bureau of Labor Statistics (BLS).

In a report issued Tuesday (Sept. 1), the BLS projected employment will grow from 163 million to 169 million over the decade.This reflects an annual growth rate of 0.4 percent. That’s less than the 2009-19 annual growth rate of 1.3 percent, bolstered by the recovery from the Great Recession of 2007-09.The labor force participation rate, the number of working-age Americans […]

Pandemic should trigger a mood of innovation and invention

Expand While queues of people outside shops that are reopening after three months gives some sense of consumers willing to splurge after being denied the opportunity to shop, the much hoped for ‘V’ shape decline and immediate bounce back seems an ever more distant hope

The Covid-19 pandemic has had a devastating impact on our society and economy. As the initial shock of lockdown subsided, a great deal of thinking has been devoted to the type of economy into which we would re-emerge.

The hope as we entered lockdown was that the economy would go into a deep freeze and would […]

My Say: The apt use of technology is to create new jobs and not just automate existing ones

My Say: The apt use of technology is to create new jobs and not just automate existing ones

The world is experiencing an unprecedented acceleration in technological advancement and implementation, leading to profound shifts in the workforce. Innovations are penetrating every sector of the economy, making human-performed work increasingly redundant.

The 21st century’s digital revolution has unleashed a new wave of artificially intelligent processes and advanced machines, further automating complex tasks and jeopardising skilled workers in positions once considered difficult to automate. Thus, it is only natural that opponents of digital disruption voice grim apprehension towards such advancements by highlighting massive displacement of jobs and the increased unemployment of low-skilled labour.

However, a proper grasp of the situation requires […]

How robotics and automation could create new jobs in the new normal

How robotics and automation could create new jobs in the new normal

Depending on who you ask, AI and automation will either destroy jobs or create new ones. In reality, a greater push toward automation will probably both kill and create jobs — human workers will become redundant in certain spheres, sure, but many new roles will likely crop up. A report last year from PA Consulting, titled “People and machines: From hype to reality,” supports this assertion, predicting that AI and automation will lead to a net gain in job numbers. This is pretty much in line with findings from The Organization for Economic Co-operation and Development (OECD), a pan-governmental […]