Tag: manufactur

Technological advancements do not take away jobs, they create jobs

Technological advancements do not take away jobs, they create jobs

The new technology of today, especially Automation, Artificial Intelligence (AI), robotics, and the Internet of Things (IoT) has made a remarkable impact by improving its capabilities to perform the tasks that were previously done by humans. This rapid advancement in technology has raised concerns that machines will replace human labor. Whenever a new technology is introduced in the market, it sparks intense debate on “Will technological advancements take away jobs from people?”

If you dig into past data, you will realize that automation has replaced manual labor and jobs of repetitive nature. Many information technologies have improved manufacturing processes by […]

Here are the jobs that are safe from AI

Here are the jobs that are safe from AI

Artificial intelligence is filtering into nearly every part of our lives, which means there’s no stopping it from reshaping the labor market. By 2030, activities that account for up to 30% of hours currently worked across the US economy could be automated — a trend accelerated by generative AI, according to consulting firm McKinsey Global Institute .

"The accelerated development of generative AI, with its advanced natural language capabilities, has extended the possibilities for automation to a much wider set of occupations," the firm said in a report. "Although generative AI is still in the early stages, the potential applications […]

Embracing AI at Work: Fear or Opportunity?

Embracing AI at Work: Fear or Opportunity?

Embracing AI at Work: Fear or Opportunity?

Wayne S Owens

· Follow 7 min read·1 hour agoA staggering 85% of Americans already use AI technology. This is in everyday tools like navigation apps and smart devices. Yet, the idea of embracing AI at work makes many people nervous. They worry about job security and the future of work . However, this fear hides a big chance. It’s a chance to adapt and do well in a work world changed by AI advances that make us wary.Seeing the growth of AI, we must switch from fear to aiming high. […]

Futuristic robots take over Automate 2024 AI conference, but tech experts warn of possible job losses

Futuristic robots take over Automate 2024 AI conference, but tech experts warn of possible job losses

Automate 2024 is underway in the US, showcasing both the cutting-edge of robotics and why a sci-fi future could be a lot closer than most of us think.

But technology experts here say the rapid pace of development for robotics and AI (artificial intelligence) could lead to the collapse of some industries.

"We’ve seen years and years of innovation now starting to come to fruition, so the idea of humanoid robots and a range of other robots, will very quickly become mainstream," Gorilla Tech CEO Paul Spain told Newshub."So very soon, we are just going to find robots around us as […]

ISPA Innovation: Automation & Sustainability Trends from EXPO

ISPA Innovation: Automation & Sustainability Trends from EXPO

Exhibitors pulled out all the stops, showcasing everything bedding makers need to create new and better sleep products. ISPA Innovation: Automation & Sustainability. The H993 waste recycling line by Atlanta Attachment Co. transforms remnants from the factory floor into new material. Economical and Eco-Friendly

The H993 waste recycling line by Atlanta Attachment Co. transforms remnants from the factory floor into new material. The machine enables manufacturers to recover residuals, such as textile fabrics, nonwovens and synthetic fibers, among others. “We’re reusing items that would normally get baled and sold for pennies on the dollar; that’s not even covering the […]

‘AI’ to hit hardest in U.S. heartland and among less-skilled: study

'AI' to hit hardest in U.S. heartland and among less-skilled: study

FILE PHOTO: Jean Pierre "JP" Bolat demonstrates Movia Robotics educational software for children with autism on an Avatarmind iPal robot during the 2019 CES in Las Vegas, Nevada, U.S. January 9, 2019. REUTERS/Steve Marcus/File Photo WASHINGTON (Reuters) – The Midwestern states hit hardest by job automation in recent decades, places that were pivotal to U.S. President Donald Trump’s election, will be under the most pressure again as advances in artificial intelligence reshape the workplace, according to a new study by Brookings Institution researchers.

The spread of computer-driven technology into middle-wage jobs like trucking, construction, and office work, and some lower-skilled […]

AI to the rescue of SA’s floundering manufacturing sector

AI to the rescue of SA’s floundering manufacturing sector

Smart utilisation of artificial intelligence (AI) could go a long way towards the resuscitation of large sections of South Africa’s moribund manufacturing sector. By using advanced AI to boost human productivity (instead of focusing on mechanisation and digitisation), the manufacturing industry can capitalise on South Africa’s unique intersection of technology and labour availability, improving the sector, the economy – and returning to being highly competitive in the global market.

That’s the view of Peter Reid, CEO at visionAI, who emphasises that the kind of AI needed does not necessarily involve automation with the potential this holds for job losses.

On the […]

AI: Evolution over elimination in Malaysian jobs – Expert

AI: Evolution over elimination in Malaysian jobs - Expert

Focus Photo for illustration purpose only. – Photo by 123RF SHAH ALAM – The imminent surge of Artificial Intelligence (AI) is poised to revolutionise Malaysia’s job market, with certain sectors bracing for more profound impacts than others.

Among the industries expected to undergo significant transformation are manufacturing, logistics, customer service, and finance.

Speaking to Sinar Daily, Universiti Selangor (Unisel) Head of Communication Department Munirah Ilias said that AI-driven automation is set to replace repetitive tasks in factories, while AI-powered logistics systems will streamline delivery and inventory management."In customer service, the integration of chatbots is projected to handle a larger volume of […]

The Luddite Movement’s Bloody Origins

The Luddite Movement’s Bloody Origins

The original Luddites didn’t resist all new technology on principle. They were 19th-century textile workers who stormed mills and destroyed the machinery that threatened to replace them. Rawfords Mill near Huddersfield, Yorkshire, was a target of the Luddite movement. / Hulton Archive/GettyImages In the modern era, Luddites are mainly defined by what they don’t do. Your friend who stays off social media, doesn’t own a television, and can only be reached through their landline may identify as a Luddite. Before the term came to describe someone who shows disdain for new technology, it was the name of a political […]

Exploring the Effects of Automation on Employment

Exploring the Effects of Automation on Employment

Robot hand Job seekers have long kept an eye on automation and the effects that it’s had, or will continue to have, on the job market. As technology rapidly advances, it’s no surprise that automation continues to be a hot topic across various industries.

Is there truth to the hype, or is the anxiety and concern merely the product of a phantom fear? Let’s dive into the subject further, unpack the myths, and explore the opportunities automation brings to the workforce. What Is Automation?

Simply put, automation involves using technology to perform tasks that typically require human effort. Most […]