Sriram RD , Managing Director, AuroLab and Pradeep David , General Manager, South Asia, Universal Robots in conversation with Prathiba Raju elucidate on how automation via cobots is reshaping the medical devices and diagnostic industry
Why is it necessary for the Indian medical devices and diagnostics industry to be automated?
Sriram RD: There is a lot of work in the medical industry that needs to be automated like packaging and other activities of the same kind. Pharma industry is considered as the sector which is established in a better way and several machines remain fully automated. There is […]
By Mark Howard, US Country Manager, EU Automation
Surpassing all expectations, the Federal Reserve announced a rise in the US manufacturing production index of 0.5 per cent in August 2019. This development allows us to reconsider our understanding of the American manufacturing industry in comparison with Asian competitors. This article discusses the potential long term upswing of US manufacturing and how to achieve it.
In 2018 the Brooking Institute found that 20 per cent of global manufacturing came from China, with the US coming in a close second with 18 per cent. This classification has remained entrenched in the world […]
Phillia Wibowo, the president director of McKinsey Indonesia, said Indonesia is poised to create two times more new jobs from automation than it loses. (Photo courtesy of McKinsey Indonesia) Jakarta . Indonesian workforce could end up seeing more jobs available to them – mainly in the service sector – should the government and corporate sectors manage the adoption of automation and artificial intelligence well over the next decade, a new report by global consulting company McKinsey said.
Automation in the largest economy in Southeast Asia is projected to destroy up to 23 million jobs and create between 27 to 46 […]
Around the world, there is increasing interest and concern about the potential effect of technology, specifically automation, on employment. Since releasing our Megatrends report in 2018, we’ve undertaken modelling to help several clients understand the effect of automation on their area . In this article, we consider how technology has affected employment historically, where it’s heading, and use our work for ATEED in Auckland as a case study to highlight the potential future changes. Technological change isn’t new
Technological change has been a constant force throughout history and, despite often being perceived as a threat to workers at the […]
Reactions While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favourably: Technology, they say, may destroy jobs in the short run, but creates new and better jobs in the longer term.
The destruction of jobs as a result of automation is clear and direct: a firm automates a conveyor belt, supermarket checkout or delivery system, keeps one-tenth of the workforce as supervisors, and fires the rest. But what happens after that is far less obvious.The standard economic argument is that workers affected by automation […]
LONDON — While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favourably: Technology, they say, may destroy jobs in the short run, but it creates new and better jobs in the longer term.
The destruction of jobs is clear and direct: A firm automates a conveyor belt, supermarket checkout, or delivery system, keeps one-tenth of the workforce as supervisors, and fires the rest. But what happens after that is far less obvious.
The standard economic argument is that workers affected by automation will initially lose their jobs, but […]
Yu Haiyang/China News Service/VCG via Getty Images Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial in the long run, policymakers should never ignore its disruptive short-term effects on workers.
LONDON – While Brexit captures the headlines in the United Kingdom and elsewhere, the silent march of automation continues. Most economists view this trend favorably: technology, they say, may destroy jobs in the short run, but it creates new and better jobs in the longer term.
> The Trump Narrative and the Next Recession […]
In paper industry when raw material, water and chemicals mixed together then the modern paper manufacturing requires and uses high technology tools like PLC, VFD’S and HMI to get a precise quality of paper. ieee papers on plc automation pdf. This paper discusses the rationale for these fears, highlighting the specific nature of AI and comparing previous waves. A Pew Research Center survey of 4,135 U. We consistently check for plagiarism before the papers are sent to you. 1573-1582, 4 April, 2011 A wireless application of drip irrigation automation The main aim of the research is to. Modeling of. […]
Do industries shed or create jobs when they adopt new labour-saving technologies? This column shows that manufacturing employment grew along with productivity for a century or more, and only later decreased. It argues that the changing nature of demand was behind this pattern, which led to market saturation. This implies that the main impact of automation in the near future may be a major reallocation of jobs, not necessarily massive job losses.
There is widespread concern today that many jobs will be lost to new computer technologies, as more human tasks can be performed by machines. A host of recent […]
Image: Chris Duckett/ZDNet Australian former Prime Minister Paul Keating has likened the world the kids of today are stepping into to a shallow carp pond, saying it’s going to require imagination to determine how they’re going to make themselves useful.
Opening his SAP Ariba keynote in Sydney on Tuesday, Keating said the biggest challenge for Australia over the next few years would be human capital.
While he said the emergence of technologies such as artificial intelligence, machine learning, and automation might take jobs as collateral, "it may well do other things" for the economy, and he has faith in the Australian […]