Tag: consumption

Drones and Robotics: Revolutionizing Logistics and Delivery

Drones and Robotics: Revolutionizing Logistics and Delivery

Exploring the Impact of Drones, Robotics, and AI Technologies in Logistics and Beyond

Global supply networks have grown more complicated and dynamic in today’s linked world. The supply chain management and logistics procedures have embraced the potential of AI solutions to fulfill the needs of this always changing environment. Supply chain visibility has been made possible by AI in logistics, improving the efficacy and efficiency of logistics and supply chain operations. AI technologies are revolutionizing conventional logistical procedures, from the employment of autonomous cars to the automation of robotic processes. This essay will examine how the logistics sector is […]

U.S. Immigration Policy Lags behind a Globalizing World

U.S. Immigration Policy Lags behind a Globalizing World

Economic globalization has made little impact on U.S. immigration policy in recent decades. The United States has not expanded its low green card caps since 1990, and now it ranks in the bottom third of wealthy countries for its foreign‐​born share of the population.

Blaming immigrant labor force growth for sluggish wage growth is misplaced when—despite immigration—total labor force growth has continuously declined for decades.

Globalization and automation are not removing the need for immigrant workers to fill niches created by declining U.S. labor force growth. Instead, immigrants are playing pivotal roles in making trade and technological […]

ETHICAL IMPLICATIONS OF AUTOMATION ON LABOR MARKETS

ETHICAL IMPLICATIONS OF AUTOMATION ON LABOR MARKETS

ETHICAL IMPLICATIONS OF AUTOMATION ON LABOR MARKETS

Ethical Implications of Automation on Labor Markets

Introduction The rapid advancement of automation and artificial intelligence (AI) technologies has sparked widespread discussions about their potential impacts on labor markets across various industries. While automation promises increased efficiency, reduced costs, and enhanced productivity, it also raises significant ethical concerns that need careful consideration. This article delves into the ethical implications of automation on labor markets and explores the challenges and potential solutions. Impact on Jobs and Employment One of the most significant ethical dilemmas posed by automation is the potential displacement […]

What Jobs Will AI Replace? Not Those Requiring a Human Touch

What Jobs Will AI Replace? Not Those Requiring a Human Touch

Automation is efficient, but it can’t replicate the human touch.

Consumers prefer the unique qualities that human labor gives to certain products and services, according to a recent paper co-authored by Wharton marketing professor Stefano Puntoni . The findings suggest companies automating for supply-side reasons may want to keep their employees because of the value they bring to the demand side.

“Companies should shift the conversation from what can be automated to what should be automated,” Puntoni and his colleagues wrote in an opinion piece for The Wall Street Journal about the study.Co-authored with Christoph Fuchs , marketing professor at the […]

The generation that expects more than a pay cheque

The generation that expects more than a pay cheque

Gone are the days when you simply went to work because you wanted to earn money. Generation Z now want employers to offer more.

Image: iStock Generation Z expects more than a pay cheque and to succeed with a new generation of employees and customers, they need to do good as well.

Gen Z employees demand more from their employers across every global issue, from diversity to equity, inclusion to belonging, a commitment to environmental, social and governance investing, social causes and beyond.The working world has changed and not just because of artificial intelligence (AI), Covid-19 or remote work. […]

RPA’s Significance in the Energy Industry

RPA's Significance in the Energy Industry

Robotics process automation simplifies merging older systems and lessens the possibility of human error.

FREMONT, CA: Automated machinery performs repetitive tasks in orderly columns. The factory can function autonomously for 30 days. Robotic Process Automation (RPA)-based light production is developing rapidly. Energy professionals are learning how RPA can save companies time and money. Digital transformation, including RPA, can boost energy businesses’ skills. RPA allows utilities to quickly adjust to operational changes by automating labor-intensive jobs with software bots. AI is essential because it helps companies predict customer demand, create hyper-personalized offerings and detect and prevent fraud in real-time. […]

Can warehouse automation technology unleash MSMEs’ real potential?

Can warehouse automation technology unleash MSMEs’ real potential?

To demonstrate adaptability in the face of changing market conditions, businesses need to streamline their base of operations or, more specifically, their warehouses.

Implementing warehouse automation technologies can be a catalyst for putting companies on the path towards 100 per cent efficiency. (Image: pixabay) By Vinayak Bhat

Warehouse automation technologies for MSMEs: Micro, small and medium enterprises (MSMEs) have been spearheading the Indian economy. These businesses, which include both manufacturing and service-based industries, have proven instrumental in creating jobs and driving innovation. However, they face challenges such as limited infrastructure, lean resources and excessive costs, which ultimately […]

driveMybox: Future of container transportation with cutting-edge automation

driveMybox: Future of container transportation with cutting-edge automation

driveMybox, a pioneering leader in digital container transportation, is proud to announce its breakthrough technology that is set to transform the way we transport containers and revolutionize the logistics industry. With its innovative approach and advanced automated solutions, driveMybox is poised to unlock unprecedented efficiency, transparency, and reliability in the container transportation sector.

In today’s fast-paced world, businesses face mounting pressure to streamline operations and optimize supply chains. Traditional container transportation methods often struggle to meet these demands, leading to increased costs, delays, and logistical complexities. Recognizing these challenges, driveMybox has developed a game-changing solution that leverages cutting-edge automation to […]

Artificial Intelligence

Artificial Intelligence

Photo by Ameer Basheer on Unsplash Artificial Intelligence (AI) has emerged as a transformative technology that has the potential to revolutionize the way we live, work, and interact with the world. With its ability to process vast amounts of data, analyze patterns, and learn from experience, AI is driving unprecedented advancements across various industries. In this article, we will explore the captivating world of AI, its applications, real-life examples, and the awe-inspiring impact it holds in shaping the future of humanity.

1. Understanding Artificial Intelligence:

AI refers to the development of computer systems capable of performing tasks that typically require human […]

An alternative approach: Full speed ahead on AI. The economy needs it

An alternative approach: Full speed ahead on AI. The economy needs it

By Steven Rattner

NEW YORK: The workers were furious. Believing that new mechanical looms threatened their jobs, they broke into factories, seized machinery, brought it into the street and set it afire, all with widespread public support, even tacitly from the authorities.

That was in 1675. And those English textile workers were neither first nor last in the long procession of worriers about the potential harm to jobs from labour-saving devices. Several centuries earlier, the adoption of the fulling mill caused an uproar among workers forced to find other occupations. Almost exactly 60 years ago, Life magazine warned that […]