Tag: manufactur

Autonomous Semi-Trucks Are Shaping the Industry for the Long Haul

Autonomous Semi-Trucks Are Shaping the Industry for the Long Haul

Amundsen Davis LLC Autonomous, or self-driving, vehicles are not a new concept. Companies such as Mercedes Benz, BMW, and Tesla have reshaped the automobile industry by producing and selling autonomous vehicles equipped with the newest AI technology. Truck companies have followed suit and are speeding ahead of federal regulations with plans for a major expansion this year. Their goal is to revolutionize America’s supply chain with faster transport of goods and unburdening of liability based on human limitation or error. With over 7.95 million people working in the industry and more than 750,000 motor carriers with active drivers who […]

Protectionists Are Wrong: Free Trade is the Path to Prosperity

Protectionists Are Wrong: Free Trade is the Path to Prosperity

Print Invited guests flank then-President Trump at the signing ceremony for the United States-Mexico-Canada Trade Agreement. 2020. Both major presidential candidates, Joe Biden and Donald Trump, have leaned towards protectionism, a stance recently echoed by Terry Schilling in The American Conservative . Unfortunately, this perspective misses the mark.

Protectionism is not the solution to revitalize American manufacturing or the economy. The real culprits are flawed internal policies — excessive government spending, high taxes, and stringent regulations — that stifle growth and innovation.

Politicians from both sides of the aisle often scapegoat countries like China and Mexico for the decline in US […]

AI Workforce: Preparing for Jobs That Don’t Yet Exist

AI Workforce: Preparing for Jobs That Don't Yet Exist

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The use of artificial intelligence for automatic processes has been projected as an altering factor in the workforce situation. This fresh area pledges to upheave the way we associate ourselves with technology thus resulting in people being equipped with all types of work whose existence has not been identified. At this point where technology picking and job consuming is at a critical point, it is mandatory for us to investigate forthcoming jobs for generations.

This article probes into the impact of the AI workforce and its impact on job markets. This comprises the skills required for future employment and […]

AI Expansion: Leveraging Automation and Intelligence in the Business Sector

AI Expansion: Leveraging Automation and Intelligence in the Business Sector

The landscape of business technology is experiencing a seismic shift with the rapid infiltration of artificial intelligence (AI). AI’s reach extends from enhancing the operations on the stock market, spearheaded by Nvidia’s growth, to becoming a tool employed in various marketing efforts. What began as a buzzword has now translated into real-world applications that see software companies promising groundbreaking data utilization and golf equipment manufacturers boasting designs crafted by AI technology.

AI has been instrumental in automating tedious tasks, offering significant convenience to workers. One can see this in the automated data entry sector, where programs extract and process […]

Automation in industry? Man and machine work together

Automation in industry? Man and machine work together

Author profile picture Digitalization, automation, and robotization took center stage at the Vision, Robotics & Motion trade show in Brabanthallen in ‘s-Hertogenbosch last week. The exhibition floor is filled with fast-moving robot arms, autonomous forklifts drive around and soccer robots kick a ball around. During the extensive lecture program, various aspects of digitization and automation are discussed, both in the production environment and in the complete supply chain. A recurring aspect: the role of people in it all. Why is this important?

Digitalization and automation have a major impact on the manufacturing industry. Developments follow each other in rapid […]

The Economics of AI and the Impending Robot Takeover, Part I

The Economics of AI and the Impending Robot Takeover, Part I

Tim Lee, the author of the excellent Understanding AI Substack, recently took to X with a plea : “I really wish there were more economists involved in discussions of the implications of superintelligence.” He continued: The most obvious example is people predicting mass unemployment without thinking through the impact of high productivity on fiscal and monetary policy. There are also people who implicitly assume that the economy will become 90 percent data centers, which doesn’t make much sense. To be fair, there are a lot of assumptions built into the issue. For one, Lee’s scenario assumes that machine intelligence […]

The Future of Employment in an AI-Driven Era

The Future of Employment in an AI-Driven Era

Explore the Role of Artificial Intelligence in the Workforce Evolution

The concept of machines taking over human tasks is not just a narrative from classic science fiction; it’s an evolving reality. Popular culture has long entertained the idea that artificial intelligence (AI) would one day mimic human capabilities. From HAL9000 in “2001: A Space Odyssey” to the menacing Skynet in the “Terminator” series, AI has been envisioned as a force capable of revolutionizing our daily tasks.

In the real world, concepts of AI usurping human roles have been discussed for over a decade. Predictions of AI becoming a pivotal part […]

Are San Diego jobs at risk from AI?

Are San Diego jobs at risk from AI?

Robot and human office workers in futuristic workplace. (Tetiana Lazunova/Getty Images/iStockphoto) Local economists and business leaders address recent advances in artificial intelligence capabilities, which can already perform some of the same tasks as many in the San Diego labor pool

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Twitter Show more sharing options Last month, San Francisco-based startup OpenAI released its newest artificial intelligence model, GPT-4o (the “o” is for omni), which seems to be a leap forward in how the technology can be applied to real-world tasks, including many that human workers are currently paid to do.AI can already complete data entry, […]

Ranking the States With the Most AI Businesses

Ranking the States With the Most AI Businesses

metamorworks / Getty Images Tech darling Nvidia ( NASDAQ: NVDA ) announced on Sunday its newest artificial intelligence chip — just three months after unveiling the previous model. Clearly, the AI chip leader wants to keep its top spot in the space. Aiming to challenge it, Advanced Micro Devices ( NASDAQ: AMD ) unveiled its latest AI chip a day after. Other competitors, established companies and budding startups, also want to join this competitive space as AI is increasingly being used by companies, governments, and people. (Also see: 3 AI Stocks Wall Street Expects to Return Up to 595% […]

AI’s impact on jobs: unseen growth amidst concerns

AI's impact on jobs: unseen growth amidst concerns

Insights into job transformation, innovation, and the unseen growth of employment opportunities in the age of AI

6 June 2024,

Young Voices Enhance efficiency and effectiveness: delivery professionals leveraging AI tools in their daily operations Artificial intelligence will not take all the jobs, as reported by The Swedish Daily , 1 reporting that the fin-tech firm Klarna is about to launch an AI assistant capable of performing the tasks of 700 employees. To those 700, I extend my wishes of good luck, but to the rest of the workforce, my message remains the same as it was during […]