Tag: manufactur

Artificial Intelligence Series 2 Of 5: AI’s Influence On The Workforce

Artificial Intelligence Series 2 Of 5: AI’s Influence On The Workforce

Humans and technology Ben Sweet – Unsplash A ginormous concern from the public is how will AI impact jobs. The combination of layoffs with the explosion of AI elevates these concerns. Technological advances are inevitable. We can’t stop the momentum, but we can potentially slow it down with regulations and the thoughtfulness of how we balance technology adoption and job preservation. With the speed of innovation and disruption, we need to pause to make sure we are in control of how tech impacts society. It is important to reflect on what our core values; taking into consideration both how […]

The Future of Work: Adapting to Automation and Artificial Intelligence

The Future of Work: Adapting to Automation and Artificial Intelligence

The rapid advancements in automation and artificial intelligence (AI) are reshaping the workforce and raising questions about the future of work.

Companies need workers with the right skills to develop, manage, and maintain their automated equipment and digital processes and to do the jobs that machines cannot. Reskilling can help left-behind workers find new careers.

It’s essential for workers to need to learn new skills to access the employment market in a very competitive environment.This article explores the impact of automation and AI on employment, the skills required in the evolving job market, and the importance of adaptability and lifelong learning. […]

Fears Of AI Are Greatly Exaggerated

Fears Of AI Are Greatly Exaggerated

A man moves his finger toward an automated hand. AFP PHOTO/ GERARD JULIEN (Photo credit … [+] AFP via Getty Images Fear colors much conversation about artificial intelligence (AI). Some seem concerned with matters of privacy, others worry over abuses of power or the upending of social relationships. Much of the fear centers on job destruction. These last concerns are far from new. They have emerged with every technological advance since the industrial revolution began in the late eighteenth century. They are a very old story that commentators today have attached to something otherwise very new. If the history […]

US Workers Want ChatGPT To Help With Decisions – automatica survey reveals

Survey of 1,000 employees in the US

MUNICH, Germany–(BUSINESS WIRE)– #AI — 63 percent of employees in the US welcome AI services like ChatGPT to help them make the right decision at the workplace. A big majority of almost 80 percent though wants such digital tools to be instantly recognizable as machines. These are results of the automatica trend index 2023. For the study, 1,000 employees were surveyed in the US on behalf of the leading trade fair for smart automation and robotics “automatica” (June 27 – June 30 in Munich, Germany). “Robotics and Artificial Intelligence software like […]

Workplace fatality rates have been stagnant for decades. Could robotics finally reduce them?

Workplace fatality rates have been stagnant for decades. Could robotics finally reduce them?

Despite ongoing concerns about automation in the workplace, robotics focused on safety could lead to the creation of new jobs in other areas, particularly in engineering, maintenance and programming, a National Safety Council report found. Robotics in the workplace — especially autonomous mobile robots, or AMRs — may be able to reduce injuries and improve safety across a variety of industries, according to a May 25 report from the National Safety Council.

Overall, U.S. workplace fatality rates haven’t changed much in the past three decades, despite efforts to reduce injury and death. However, newer technologies may be able to help.

“Robotics […]

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 […]

Valoir Study Shows How AI and Automation Are Transforming the Workplace

Valoir Study Shows How AI and Automation Are Transforming the Workplace

A new global study of more than 1,000 employees shows artificial intelligence (AI) transformation of the workplace is in full swing, with 40% of the current work day ripe for automation. While AI presents significant opportunities for employees to become more productive and strategic, it also raises fears about job replacement. Valoir Report: Assessing the Value of AI and Automation

The analysis, by independent analyst firm Valoir , found about 20% of manual tasks have already been automated by AI and other technologies over the past two years. While the level varied by geography, industry and job role, […]

Our Thousand-Year Struggle Over Technology and Prosperity

This book by two MIT economists is very timely because the world is now dealing with the latest in the “Thousand Year Struggle,” in the form of artificial intelligence, the claims that many white-collar jobs will be automated, OpenAI’s call for regulation, and the possibility that AI will bring a further concentration of power among the big tech companies.

Much of the book sets the stage for this discussion by summarizing the history of technology. This review focuses on the economic and social impact of automation and information technology over the last 50 years. For instance, “the distribution of income […]

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 […]

20+ Surprising Statistics About Automation in Manufacturing You Need To Know

Automation is incredible; it can streamline repetitive tasks and do things it takes humans hours to do in mere minutes. One of the industries that benefit from it the most is the manufacturing industry, which has made massive leaps and strides in recent years.

Of course, despite all the developments, many people are concerned that automation will steal their jobs away and raise a red flag at the thought of a robot-run society. These concerns are all addressed in these research-based statistics and ultimately proven false. Key Highlights

In 2025, the industrial automation market is expected to hit 265 billion […]