Why 300,000 new RMG jobs mask a grave reality about employment growth in the sector

Why 300,000 new RMG jobs mask a grave reality about employment growth in the sector

Economists argue that increased adaptation of automation in the RMG industry may be one of the reasons behind the slow recovery in terms of job loss.

Approximately 250 factories in Bangladesh are meeting the demands for their orders using automation and technology. Photo: Mumit M/TBS. It was recently reported that increased orders from the European Union, as well as the US, have created 300,000 jobs in the RMG sector. Everyone appreciated the good news and some argued that it was a sign of economic recovery.

The reality, however, is not as simple, and there is always more to […]

Do we need humans for that job? Automation booms after COVID-19

Do we need humans for that job? Automation booms after COVID-19

Baylee Bowers works on her computer after ordering and paying for her meal using her cellphone at Bartaco in Arlington, Va., on Thursday, Sept. 2, 2021. The restaurant uses an automated app for ordering and payments. Instead of servers they use “food runners” to get orders to tables. Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks.

“It doesn’t call sick,” said Amir Siddiqi, whose family installed the AI voice […]

Three Innovations Transforming Supply Chain Management

Three Innovations Transforming Supply Chain Management

Artificial Intelligence and Big Data Analytics are having a significant impact on supply chain management. Data processing automation allows supply chain managers to access massive amounts of data in real-time and make better decisions based on that data.

Fremont, CA: Supply chain operations are rapidly changing as technological solutions such as artificial intelligence, autonomous robotics, and RFID are integrated. Logistics has never been faster or more efficient than it is now, thanks to technology integration. The application of technology to supply chain management has drastically altered the way firms function. Here are three innovations transforming supply chain management:

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The Future of Work — Part One

The Future of Work — Part One

Photo: Artyom Kim/Unsplash We are not in a second industrial age. That may be the dream of those who really want to double down on the dehumanizing legacy of the past few hundred years of employment. But the emergence of digital technology, algorithms, and robots offers much more than an opportunity to further automate our businesses, alienating our workers and customers alike; it’s a chance to retrieve the human sensibilities at the heart of our organizations, and embrace the truly collaborative, participatory spirit of this age.

The digital renaissance of the early 1990s was about the unbridled possibilities of the […]

The Future of Work — part one

The Future of Work — part one

Photo: Artyom Kim / Unsplash We are not in a Second Industrial Age. That may be the dream of those who really want to double down on the dehumanizing legacy of the past few hundred years of employment. But the emergence of digital technology, algorithms, and robots offers much more than an opportunity to further automate our businesses, alienating our workers and customers alike; it’s a chance to retrieve the human sensibilities at the heart of our organizations, and embrace the truly collaborative, participatory spirit of this age.

The digital renaissance of the early 1990s was about the unbridled possibilities […]

Robot Journalism: A New Way of Reporting Breaking News

Robot Journalism: A New Way of Reporting Breaking News

Robot journalism, with the help of artificial intelligence, is boosting the field of journalism.

News stories are created by computer programs in automated journalism , also known as algorithmic journalism or robot journalism. Stories are generated automatically by computers rather than by human reporters thanks to artificial intelligence ( AI ) technologies. These programs analyze, organize, and present data in a form that is understandable to humans. Typically, an algorithm examines huge quantities of given data, chooses from a variety of pre-programmed article formats, organizes important points, and inserts information like names, places, amounts, rankings, statistics, and other numbers. […]

Cheyenne-Laramie County Health Department Offers $100 Incentive to Help Boost COVID-19 Vaccinations

Cheyenne-Laramie County Health Department Offers $100 Incentive to Help Boost COVID-19 Vaccinations

Beginning today, Sept. 13, the first 500 Laramie County residents to be fully vaccinated for COVID-19 will be eligible for a $100 gift card, the Cheyenne-Laramie County Health Department announced.

The vaccine series is completed two weeks after one of the following: two Pfizer vaccinations, two Moderna vaccinations or one Johnson & Johnson vaccination.

"We are excited to offer this funding opportunity to help people who are stepping up to protect themselves and our community," said CLCHD Executive Director Kathy Emmons.In order to receive the incentive, residents must receive their vaccination at a location that participates in the Wyoming Immunization Registry […]

How Weaker Consumer Demand Could Help the U.S. Economy

How Weaker Consumer Demand Could Help the U.S. Economy

As concerns multiply about weak consumer demand, so have projections for a reduction in U.S. economic growth. But a brief pullback in consumer spending could give the U.S. economy just the room it needs to adjust.

To be clear, the root cause of the slowdown — the rise of the delta variant of Covid and an accompanying increase in hospitalizations — is indisputably tragic. Declining government support and greater demand for services relative to goods are also factors in downgraded forecasts.

Over the past few months, the global outlook has taken on a superficial resemblance to one of the most dreaded […]

How Weaker Consumer Demand Could Help the U.S. Economy

A Simbe Robotics Inc. Tally shelf-scanning robot travels through an aisle while customers browse products displayed for sale at a Giant Eagle Inc. Market District supermarket in Pittsburgh, Pennsylvania, U.S., on Tuesday, Oct. 29, 2019. The Amazon.com Inc. threat has forced the grocery industry to experiment with shelf-scanning robots, dynamic pricing software, smart carts, mobile-checkout systems and automated mini-warehouses in the back of stores. (Photographer: Bloomberg/Bloomberg) As concerns multiply about weak consumer demand, so have projections for a reduction in U.S. economic growth. But a brief pullback in consumer spending could give the U.S. economy just the room it […]

More or Less

More or Less

Perhaps we should have headlined this opinion piece “More With Less.” When it comes to staffing service industries, is that what’s happening, doing more with less? Or is it doing less with less?

Productivity — that’s doing more with less: increasing economic output with fewer hours dedicated to the task. One way to measure pandemic-related productivity — and “pandemic-related” is the reality of the times in which we live — was included in a recent New York Times article about the “pandemic productivity boom.” The Aug. 10 article stated, “Since the pandemic recession bottomed out in the spring of 2020, […]