Tag: manufactur

Does Focusing on Manufacturing Make Sense for the U.S.?

Does Focusing on Manufacturing Make Sense for the U.S.?

(Bloomberg Opinion) — As part of her campaign for the Democratic presidential nomination, Senator Elizabeth Warren has proposed a broad effort to revive and expand American manufacturing. Bloomberg Opinion columnists Karl Smith and Noah Smith met recently online to debate her proposal.Karl Smith: Noah, from what I can tell you’re a fan of Warren’s Economic Patriotism platform and you’ve written yourself in favor of industrial policy. My concerns are essentially two-fold. First, I think that given the U.S.’s strength in what we might call knowledge industries such as tech, biotech, fracking and finance, it’s going to be difficult […]

Industrial Robots Stepping in to Help Economies with Inadequate and Expensive Labor Force

Industrial Robots Stepping in to Help Economies with Inadequate and Expensive Labor Force

Ankush Yadav | The Insight Partners

Industrial robots is a gigantic industry and is radically changing since its introduction in the past decades. Industrial robots are in general referred to as robotic arms, which perform diverse motions such as up and down motion, and pick and place. Moreover, these robots can be controlled to do different functions, such as transportation, searching, assembly, targeting, and inspection. The industrial robots are mainly comprised of six fundamental elements including, end-of-arm tool, dynamic system, actuators, controller, sensor, and feedback devices.

Robotics technology has been applied to a wide variety of sectors with a […]

#AI Will Impact Over 10 million Jobs by 2035 – Are You Exempt From The Robot Revolution?

#AI Will Impact Over 10 million Jobs by 2035 - Are You Exempt From The Robot Revolution?

New Research Reveals The Jobs That AI Will Take Over First The robotic revolution is set to cause the biggest transformation in the world’s workforce since the industrial revolution.

In fact, research suggests that over 30% of jobs in Britain are under threat from breakthroughs in artificial intelligence (AI) technology.

With pioneering advances in technology many jobs that weren’t considered ripe for automation suddenly are. RS Components have used PWC and ONS Data to reveal how many jobs per sector are at risk of being taken by robots by 2030, a mere 11 years away. Did you think you were exempt […]

Driven by technology

Driven by technology

Santosh Kumar Dash

The accession of Trump to US presidency, the move towards exit of Britain from the European Union and the referendum in Italy have all given nightmares to economists chanting the mantra, “Free trade is good for everybody”. It is ironic that the sellers of free trade and globalisation are now batting for restrictions and protectionism. Beneath this call for mercantilism lies the rise in unemployment and inequality in most advanced countries. The majority of voters in industrialised countries now increasingly believe that job losses have risen as a result of free trade and globalisation. A careful […]

How likely is an eight-hour working week?

How likely is an eight-hour working week?

AP Researchers may have found that eight hours of employment is the most “effective dose” per week for mental wellbeing – but, with the average closer to 40 hours, could cutting down the working week to one day ever become a reality?

The long-term trends look good for the leisure-seeker – at first glance at least. Since the 19th century, working hours have fallen sharply in industrialised nations, partly prompted by the demands made by organised labour.

In the late 1900s, UK workers put in more than 2,500 hours a year on average compared with 1,680 in 2017. But most of […]

Industrial robots are bringing jobs back home, but not for low-skilled workers

Industrial robots are bringing jobs back home, but not for low-skilled workers

An immense rise in automation by means of industrial robots has taken place. Figures from the International Federation of Robotics reveal that while automation was almost an unkown phenomenon in the 1970s, with fewer than 3000 industrial robots installed worldwide, the operational stock of robots is nowadays already approaching 2.5 million .

At the same time, nations tend to apply more and more protectionist policies. The notion gains ground that the relocation of production from foreign countries to the home country and the renegotiation of trade deals would bring jobs back home. This argument has been most prominently expressed by […]

Manufacturing Innovation Conclave highlights innovative automation and data exchange

Manufacturing Innovation Conclave highlights innovative automation and data exchange

The speakers at the Manufacturing Innovation Conclave. Under the theme ‘Building Capabilities through Collaborations’, Confederation of Indian Industry (CII) organised the 9th edition of the Manufacturing Innovation Conclave with the aim to highlight the ongoing trend of innovative automation and data exchange in manufacturing technologies which can revolutionise the way businesses are operated and run today.

Big Data plays a significant role in manufacturing sector uncovering new insights to drive innovation enhancing productivity and efficiency gains said by Chief Guest Prof Ashutosh Sharma, secretary, Department of Science & Technology, government of India. He added that data is the key to […]

Automation is remaking Mississippi jobs: Are workers ready?

Automation is remaking Mississippi jobs: Are workers ready?

A high school student repairs a car in an automotive shop class. Jobs in automotive body repair are relatively safe from automation, and they don’t require a college degree. Editor’s note: This story led off this week’s Mississippi Learning newsletter, which is delivered free to subscribers’ inboxes with trends and top stories about education in Mississippi. Subscribe today!

Rising use of automated technologies has eliminated thousands of jobs in Mississippi, and many more are at risk, according to a recent report by the Brookings Institution. The report looked at the percentage of tasks — that is, what people actually […]

The high school diploma isn’t what it used to be

The high school diploma isn’t what it used to be

About 3.6 million students graduated from high school this year. Completing K-12 is an accomplishment worth noting, but those diplomas are losing value when it comes to finding a good job.*

Not that long ago, individuals with a high school degree, or even less education, could count on a decent job in manufacturing. However, a new report by Georgetown University Center on Education and the Workforce in partnership with JPMorgan Chase finds that those days are over.

“The glory days of American manufacturing in the 1970s—when workers with a high school diploma or less held 79 percent of the industry’s jobs—will […]

Nature of work is changing so should your skills

Nature of work is changing so should your skills

Students of Viva College in Jinja showcase a prototype of a bridge they made during their science fair last year. FILE PHOTO We are yet to experience the 4th Industrial Revolution or Industry 4.0 as it is otherwise known and although it will create jobs for all, it is time for everyone to upgrade their skills sets if they are to fit in, writes Avron Herr .

Today, there are concerns that the relationship between people good at Science, Technology, Engineering and Mathematics (STEM) jobs and those who are not is under strain as structural change once again disrupts employment […]