Here’s how automation and job creation can go hand in hand

Here’s how automation and job creation can go hand in hand

(Credit: Unsplash) This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum .

Author: Revathi Advaithi, Chief Executive Officer, Flex The real impact of automation depends on how we manage the transition.

Our responsibility is not to protect the jobs that machines can do better, but to prepare the labor force for the kind of work that is likely to be required. We must invest in people by providing training they need to succeed in this new landscape. We are often told that millions of jobs will be lost […]

GrayMatter Is Building Industrial Robots To Take Over the Jobs Humans Hate

GrayMatter Is Building Industrial Robots To Take Over the Jobs Humans Hate

GrayMatter Robotics, a startup based in Gardena (and definitely not a “Breaking Bad” reference , the founders assure us) is looking to disrupt the industrial finishing and sanding industry by programming robotic arms with artificial intelligence software to automate this labor.

At first look, the company’s manufacturing setup in Gardena looks like an unassuming warehouse. It’s sterile, with minimal decoration except a massive American flag on one shop wall. It’s reminiscent of an engineering lab, but still has the feel of a startup since, well, it’s literally in a garage for now.

GrayMatter employee programming a robotIronically, my arrival comes shortly […]

Factory Jobs Are Booming Like It’s the 1970s (nytimes.com)

An anonymous reader quotes a report from the New York Times: Ever since American manufacturing entered a long stretch of automation and outsourcing in the late 1970s, every recession has led to the loss of factory jobs that never returned. But the recovery from the pandemic recession has been different: American manufacturers have now added enough jobs to regain all that they shed — and then some . The resurgence has not been driven by companies bringing back factory jobs that had moved overseas, nor by the brawny industrial sectors and regions often evoked by President Biden, former President […]

Here’s how automation and job creation can go hand in hand

Here's how automation and job creation can go hand in hand

An employee at the Flex factory in Tcew, Poland. To realize the potential benefits of automation, public and private sectors must collaborate The Big Picture

Crowdsource Innovation The real impact of automation depends on how we manage the transition.

Our responsibility is not to protect the jobs that machines can do better, but to prepare the labor force for the kind of work that is likely to be required. We must invest in people by providing training they need to succeed in this new landscape. We are often told that millions of jobs will be lost to automation […]

Are Robots and Artificial Intelligence (AI) Threats to Human Employment?

Are Robots and Artificial Intelligence (AI) Threats to Human Employment?

Artificial Intelligence (AI) is simply an attempt to create machines that mimic the human mind. Although AI has become the buzzword in tech circles in recent times, it’s not a new thing. Remember when Deep Blue beat the world best chess player in 1997?

The main idea behind AI is to perform repetitive, monotonous and possibly dangerous tasks with machines. Much of humanity will now be free to focus on higher intellectual pursuits that promise a better life. AI can deliver results with precision and accuracy unmatched by humans and tirelessly too.

From transportation to education to medicine, Artificial […]

Break out the machines: Assure Infusions touts automation plans, plus 100 human jobs, at upcoming plant

Break out the machines: Assure Infusions touts automation plans, plus 100 human jobs, at upcoming plant

Come next year, more than 100 new staffers are expected clock in alongside robots to make highly sought-after hospital drugs at Assure Infusions’ forthcoming manufacturing plant in Florida.

Assure broke cover earlier this year to produce IV fluids in high demand in the U.S. healthcare system. Now, the fledging drugmaker has drafted designs on a 60,000-square-foot facility in Bartow, Florida, where it plans to rev up operations in 2023. Assure says the facility will be fully automated with advanced robotics.

Assure hopes the plant, once complete, will help cement its position as an innovator on the pharma manufacturing scene. Alongside the […]

Technology Workforce: Could Robots and Automated Intelligence Kill Millions of Human Labor Jobs Worldwide?

Technology Workforce: Could Robots and Automated Intelligence Kill Millions of Human Labor Jobs Worldwide?

If predictions are as accurate as a forecast weather report, the robot and automation system industry could kill over 20 million manufacturing jobs worldwide between 2030-2032, according to recent reports by expert economists and the U.S. Government Accountability Office (GAO). A new study from Oxford Economics suggested that within the next 11 years, approximately 14 million robots will dominate China’s workforce alone. Economists analyzing long-term trends surrounding automation in the workforce hastily noted the number of operable robots worldwide had increased threefold over the past two decades to 2.25 million. Robots Replacing People?

As the U.S. employment sector seeks […]

Why rural revitalisation needs govt focus

Why rural revitalisation needs govt focus

The news is disturbing. There are more job openings available than there are job seekers. In America, there are 11.2 million jobs available, but there are only 5.6 million people who are looking for jobs. This isn’t something peculiar to the United States; many of the rich developed countries face a similar dilemma.

At the same time, whether it is in the US or in India or for that matter in South Korea and Germany, increasingly people are becoming disenchanted with the kind of jobs that the cities are providing. The disenchantment is also because of the lack of adequate […]

Could automation be the answer to the Great Resignation?

Could automation be the answer to the Great Resignation?

Regardless of location, if you are a manager in manufacturing, you will have seen the increasingly staggering data about the so-called Great Resignation, a phenomenon where employees voluntarily decide to quit their jobs. Claudia Jarrett, US country manager at global supplier of quality automation components EU Automation, explores how automation can help manufacturing businesses cope as staff retention rates fall.

The Great Resignation, a term coined by Anthony Klotz, a professor at Texas A&M University, is a growing economic trend in which employees have been voluntarily resigning from their jobs en masse since early 2021. Wage stagnation in the midst […]

Back to roots: Why India needs to shift its policy focus on rural revitalisation

Back to roots: Why India needs to shift its policy focus on rural revitalisation

All it requires is a rethinking, a radical overhaul of the economic design that has led to accumulation of wealth in the hands of a few, and reversing the urbanisation process that has made cities responsible for as much as 70% Greenhouse Gas Emissions

The news is disturbing. There are more job openings available than there are job seekers. In America, there are 11.2 million jobs available, but there are only 5.6 million people who are looking for jobs. This isn’t something peculiar to the United States; many of the rich developed countries face a similar dilemma.

At the same time, […]