Tag: consumption

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 […]

Understanding the potential of AI to transform white-collar gig work

Understanding the potential of AI to transform white-collar gig work

Annanya Sarthak

Recently, I came across a post of a street vendor marketing his food stall with ChatGPT, an AI-based tool which quickly became a rage on social media. It is interesting to note how even the awareness of AI-based software is reaching corners of the world. In today’s world, the technology revolution has made its way into households of all demographics, and artificial intelligence (AI) is playing a crucial role in enhancing various aspects of our lives, including healthcare, education, and entertainment. Whether it’s personalized treatment plans or learning experiences, algorithm-driven shopping behavior or content consumption, AI is […]

Will California’s Logistics Jobs Be Automated in 25 Years?

The logistics industry currently makes up 13 percent of the jobs in the state’s Inland Empire, but many expect that rate to increase with automation and as friendly zoning and officials bring more jobs to the area.

(TNS) — Before staring into his crystal ball to forecast how automation will impact jobs in California’s Inland Empire 25 years from now, University of Redlands professor Johannes Moenius finds it helpful to explain how the technological advancements of the past 25 years indelibly impacted certain professions.

Travel agents, he says. Factory workers. Car mechanics.Since the turn of the millennium automation has, in […]

As far as the United States of America, set a record in industrial automation, more than 44 thousand robots were ordered

As far as the United States of America, set a record in industrial automation, more than 44 thousand robots were ordered

Given the current need for skilled workers, we have more industrial robots in 2022 than ever before. Most of them are for new electric vehicles and batteries. The total investment was approximately two thousand dollars, up 18.8 percent from the previous year.

Image source: freepik.com.

According to the data obtained by the Association for Advanced Automation, A3, companies ordered just over 44,100 robots in 2022, a jump of 11% from the previous year and a new record. The labor shortage looks to be ebbed, said Jeff Burnstein, president of A3. Many companies who struggle to find workers are in a state […]

What’s right way of adapting AI?

What's right way of adapting AI?

Whats right way of adapting AI? AI applications are not limited to man-to-machine decision-making communications but also it helps in enhancing decision-making in "man-to-man communication." For example, Amazon, which is creating algorithms for predicting purchases of a single individual, can take into account their family and friends’ product preferences since decisions are not made alone

There are two myths surrounding artificial intelligence (AI). First, AI is a threat to employment. However, such assistive technologies in partnership with man create a successful two-member team.

For instance, ChatGPT cannot create new information, it can summarize human-created information from several sources to […]

Automation Isn’t the Cause of Unemployment — Capitalism Just Can’t Generate Enough Jobs

Automation Isn’t the Cause of Unemployment — Capitalism Just Can’t Generate Enough Jobs

Social theorists identify automation as both the main cause of unemployment and the future launchpad for a high-tech post-scarcity world. But, Aaron Benanav argues, the problem is the stagnation of global capitalism and its inability to generate enough jobs. Workers debug the equipment in a production line in Hai’an City, Jiangsu Province, China. (Costfoto / Future Publishing via Getty Images) The new issue of Jacobin is out now. Subscribe today and get a yearlong print and digital subscription. Science fiction has traditionally depicted a robot takeover as a conscious bid for global domination by our mechanical offspring. From The […]

Will automation displace jobs in agriculture?

Will automation displace jobs in agriculture?

Image by Roman Odintsov/Pexels The distinct challenges in agriculture – limited resources, climate change, and increasing population have led to technological advancement. These challenges urge advancements in production, transport, storage, food processing, market infrastructure, and road access.

Modern agriculture has been revolutionized through mechanization and automation. Mechanization can range from hand or simple tools to large, motorized, and complicated machinery. According to The Food and Agriculture of the United Nations (FAO), “automation is the use of machinery and equipment in agricultural operations to improve their diagnosis, decision-making or performing, reducing the drudgery of agricultural work and improving the timeliness, and […]

Robotics and automation will create jobs, specialists reveal

Robotics and automation will create jobs, specialists reveal

By Benjamin Brits

At a media round table event held recently, the adoption of robotics and levels of automation were addressed by executives of Yaskawa South Africa and Europe.

Hosting the event was Andrew Crackett – managing director of Yaskawa Robotics Southern Africa, Marcus Mead – managing director of Yaskawa Robotics Division Europe and Bruno Schnekenburger – president and chief executive officer of Yaskawa Europe, who aimed to offer several insights around global trends and how successful models could be replicated in Africa in the deployment of robotics and automation.For most people – in business and the consumer environment, the […]