Tag: manufactur

Age of automation: need for upskilling

In the last two decades, automation has made giant strides in the manufacturing sector. From changing the factory shop floor to the nature of employment, it has been rapidly transforming the traditional processes of manufacturing.

Today, as the fourth Industrial Revolution dawns upon us, advancements in the field of AI (artificial intelligence), machine learning and robotics have given rise to machines that are capable of a wide array of work activities. In fact, these machines can outperform humans not only in manual labour, but also in tasks that require cognitive abilities.

Needless to say, the manufacturing sector has benefited immensely following […]

John Oliver Gives Kids a Tough Lesson on A.I. and Robot Job Losses

John Oliver Gives Kids a Tough Lesson on A.I. and Robot Job Losses

Robot automation is transforming society, but John Oliver is worried that kids aren’t prepared. The Last Week Tonight host used Sunday’s episode to highlight the large-scale shift as super-smart A.I. take over human roles, something that many kids — and president Donald Trump — don’t truly appreciate.

Oliver criticized the president’s focus on manufacturing jobs outsourced to other countries. While Oliver conceded that some of these jobs are moving overseas, he also cited industry figures that show American manufacturing produces twice as much as it did in 1984, but with a third of the jobs.

“Many of those jobs aren’t being […]

Innovation Nation: Automation is changing how we work – for the better

Innovation Nation: Automation is changing how we work - for the better

This is the fourth edition in an eight-week series, made possible by MYOB, looking at how technology is changing the way New Zealand businesses operate.

While automation started off as machines handling simple tasks such as washing clothes and dishes, it now covers much more advanced work like picking fruit and driving cars.

In other words, automation is pushing into areas that were once the domain of human workers, and the reason for that is a never ending demand for increased business efficiencies and at times, the inability to find people to do the work.Automation is an accelerating global megatrend […]

Call $15 minimum wage what it is: the robot full employment act

Call $15 minimum wage what it is: the robot full employment act

The Cloud Pepper robot, which can speak multiple languages, appears at a tech conference in Barcelona on Monday. (Getty Images) Thirty-plus years ago, I became (nerd alert) fascinated with economics and read up on libertarian-conservatives like Milton Friedman and Thomas Sowell and liberals like John Kenneth Galbraith and Paul Samuelson. It was captivating to see how they marshaled seemingly powerful evidence for and against policy proposals, only starting with whether heavy government spending could spur growth of the economy. I would read academics on one side and think of course they’re right, then read the other side and reach […]

2018 Was Big Year for Robot Employment

2018 Was Big Year for Robot Employment

U.S. companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants.

Shipments hit 28,478, nearly 16 percent more than in 2017, according to data seen by Reuters that was set for release on Thursday by the Association for Advancing Automation, an industry group based in Ann Arbor, Michigan.

Shipments increased in every sector the group tracks, except automotive, where carmakers cut back after finishing a major round of tooling up for new truck […]

Rethinking the job paradigm: Need increased focus on developing ‘mass services’ as driver of growth

Rethinking the job paradigm: Need increased focus on developing ‘mass services’ as driver of growth

As we enter the fourth industrial revolution, we have to necessarily ‘reboot’ our models if we have to deliver jobs with growth

Since the industrial revolution in the mid 19th century, countries have followed the twin strategies of manufacturing growth and merchandise exports to create millions of new jobs. (Representational photo) Jobs has become the ‘hottest’ political battle as the Lok Sabha elections approaches, as media reports on jobs data from the NSSO survey, and earlier in 2017 from the labour ministry survey of establishments, point towards job-less growth. While the government has raised questions on the accuracy of […]

Market Size : Cyber-Physical System Market Globally Grow at a CAGR of 8.7% by 2028

ResearchMoz presents professional and in-depth study of “Cyber-Physical System Market: Will China be Able to Surpass Western Europe in Terms of Growth in the Coming Years: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”.

The global cyber-physical system market is expected to witness a CAGR of 8.7% during the period 2018 – 2028. The market was worth US$ 55,075.3 Mn in 2017 and is likely to reach a valuation of US$ 137,566.0 Mn by the end of 2028.

Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1869363 Technological progressions have led to a conversion […]

Yes, automation can destroy jobs… but it can also create them

Yes, automation can destroy jobs... but it can also create them

Technological change is key to improved productivity, which is desperately needed in Northern Ireland In recent years, we have become accustomed to seeing doomsday headlines predicting the rise of the robots and the end of work as we know it.

It sounds like the premise of a low-budget science fiction movie, but for many, the forward march of technology is a very worrying prospect.

The first thing to be said is that the current climate of concern surrounding automation technologies and robots is nothing new.Since the dawn of the industrial revolution, technological advancements have been introduced into the production process in […]

Minimum Wage Boosts Are Great—For Robots

Minimum Wage Boosts Are Great—For Robots

In recent weeks, Illinois mandated a huge increase in the state minimum wage, Pennsylvania’s governor proposed to double his state’s minimum wage, and New Mexico lawmakers moved forward with a plan to raise the minimum wage there, too. Hiking the cost of labor is a popular cause once again—even among people who’ve demonstrated in the past that they know perfectly well this is a recipe for limiting opportunity and trapping people in poverty.

It’s tempting to say that people are actually getting stupider about economics. But maybe, instead, it’s all part of a conspiracy by robots who are poised to […]

Are Robots Competing for Your Job?

Are Robots Competing for Your Job?

Doomsayers insist that this time the employment apocalypse is really nigh. The robots are coming. Hide the WD-40. Lock up your nine-volt batteries. Build a booby trap out of giant magnets; dig a moat as deep as a grave. “Ever since a study by the University of Oxford predicted that 47 percent of U.S. jobs are at risk of being replaced by robots and artificial intelligence over the next fifteen to twenty years, I haven’t been able to stop thinking about the future of work,” Andrés Oppenheimer writes, in “The Robots Are Coming: The Future of Jobs in the […]