Tag: consumption

100+ Job Loss To Automation Statistics, Industries, Demographics, Geographics, & Future Prospects

100+ Job Loss To Automation Statistics, Industries, Demographics, Geographics, & Future Prospects

In the annals of human progress, the march of technology has been both a catalyst and a harbinger of change. From the advent of the wheel to the revolution of electricity, each era has witnessed a profound transformation in the way we live, work, and interact. Today, as we stand at the precipice of a new chapter in the history of innovation, the dawn of automation looms large, promising a future that is simultaneously awe-inspiring and anxiety-inducing. "Robots at work: the silent replacements rewriting the future of employment." – Unknown Rapid advancements in artificial intelligence, robotics, and machine learning […]

Daniel Sutter: Tasks and jobs

Daniel Sutter: Tasks and jobs

Dan Sutter2 Economists think about jobs in a seemingly counterintuitive way. While noneconomists see job creation as a primary goal, economists view labor as a scarce resource to be conserved. This leads to differences of perspective on everything from government incentives to businesses to the impact of automation, including artificial intelligence (AI).

To understand the economic perspective, think about all the various things you want in life. A house or apartment to live in, food to eat, clothes to wear, and things to do for enjoyment. These things require tasks to be done. Houses must be built, clothes made, and […]

Unleashing Human Potential: The Power of Automation in the Digital Age

Unleashing Human Potential: The Power of Automation in the Digital Age

Image Credit: Unsplash In the ever-evolving landscape of the digital age, automation has emerged as a powerful tool that is reshaping industries, transforming work processes, and unleashing the untapped potential of human capabilities. This blog explores the profound impact of automation on our lives and how it is empowering us to achieve new heights of productivity, creativity, and innovation.

Automation, in its simplest form, refers to the use of technology and machines to perform tasks or processes that were previously carried out by humans manually. With advancements in artificial intelligence , machine learning, and robotics, automation has evolved beyond repetitive […]

Your intelligent environment with Ruahtec!

Your intelligent environment with Ruahtec!

Christian Baldivieso is the Engineering Manager at Roohtec, a company that focuses on forming strategic alliances with world-class brands to introduce them in the country to cover the gap in demand and supply of technological products.

– As an engineer, how can you describe home automation?

I define home automation as the architectural and technical capability to be able to control a variety of peripherals with a single command, voice or controller. – Having given us your definition as an expert, how can you describe it to someone who has no knowledge of this technology? Home automation with all […]

DemographAIc dead end? How Artificial Intelligence may leave India in double whammy

DemographAIc dead end? How Artificial Intelligence may leave India in double whammy

AI has crept up on us like an Indie film that’s turned into a raging blockbuster. In a matter of just months, AI is running houseful. So many of us are using ChatGPT, Bard and Bing to tackle dull assignments, draft boilerplates, write contracts, crunch data, design graphics and summarise articles. Even in areas where we were betting AI would fail, it’s delivered. A picture created by AI won a prestigious photo award, and a song it belted out sounded almost better than that of the original musician. Its art mocks years of creative meditation.

Anjana Menon Nithin Kamath […]

Pool Automation Technology Spotlight: The Attendant

Pool Automation Technology Spotlight: The Attendant

The industry has seen a significant leap forward in pool automation technology with the introduction of The Attendant, a universal control system developed by Poolside Tech based in New Hope, PA. This cloud-based automation system is revolutionizing the way pool owners manage their pool equipment, water quality, and energy usage, elevating the customer experience to a whole new level.

One of the standout features of The Attendant is its ability to continually monitor pool equipment from any manufacturer, as well as water quality and temperature, to determine the most energy-efficient way to have the pool ready for use. This means […]

Tech takeover of jobs: Threats, prospects

Tech takeover of jobs: Threats, prospects

Kuka robots work on Tesla Model S cars in a factory in Fremont, California. credit: AP File Photo Technological change is an indelible aspect of modern economic growth. While in the short run, economies might grow by accumulating capital and labour, healthy long-term growth cannot occur without sustained technological improvements. This enables economies to generate more output from a given amount of productive factors, either by designing new products or by innovating new ways to produce the same output. However, technological change has also been accompanied by significant anxieties: The fear of displacement of labour, unemployment and rising inequality […]

Robotics In Manufacturing: Threat or Opportunity?

Robotics In Manufacturing: Threat or Opportunity?

Source: Article from Eric Whitley, L2L The use of robotics in manufacturing has grown consistently over the past decade. A recent report from the Association for Advancing Automation revealed that North America saw a record in robot sales in 2022 , with the number of robots ordered up 11% from the previous year.

Robots can perform repetitive or dangerous tasks such as material handling or assembly faster than humans and with optimal accuracy, thereby increasing safety and productivity on the manufacturing floor.

For this reason, many fear that robots could displace human workers and disrupt the labor market. However, the impact […]

The rise of robots in the workplace

The rise of robots in the workplace

With the robot revolution on the rise, people are more uncertain about their employment than ever. Check out these 10 workplace automation statistics to better understand the impacts of the growing digital world. 1. The changing landscape of robotics and labor

According to a recent report by the World Economic Forum, workplace automation is expected to significantly impact 85 million jobs globally by 2025. The report highlights that humans will share work responsibilities almost equally with machines, with humans contributing 53% and machines 47%. This shift represents a significant change from just three years ago when humans completed 67% […]

When Will AI Take Your Job?

When Will AI Take Your Job?

In a matter of months, a new type of artificial intelligence (AI) has gone from a fun toy to beating humans at many tasks: This graph shows the improvement in performance of the recently released GPT-4. These are percentiles of humans, so when this shows that GPT-4 passes the bar at the 90 percent percentile, it means it’s better than 90% of candidates! You can see in blue the ability of GPT-3.5, and in green the improvement of GPT-4 on top of that. In just 6 months! Source. Naturally, many people fear for their job. But this fear is […]