Automation of work in India – Threat or opportunity?

India’s economic development depends on automation and extensive use of advanced

technology. In the long term, this will create jobs and growth – but in the short term,

millions of routine jobs could be eliminated.By Tom Sebastian, Deputy Head, Innovation Centre Denmark – IndiaThe effects of automation on employment may be worrying in Denmark, but its impactwill likely be much greater on emerging markets.With over one million young Indian entering the Indian labor market every month, jobcreation presents itself as one of India’s biggest challenges in its path towardsdevelopment.Estimates from the World Bank point towards a replacement of over 69% of […]

Robots to the Rescue—of Manufacturing

Robots to the Rescue—of Manufacturing

It’s mostly accepted wisdom in policy circles: automation means that manufacturing employment is destined to follow the historical example of farm work, becoming a negligible share of the U.S. workforce. Even those who embrace the Trump administration’s efforts to “onshore” factories say that we should be “honest about the facts,” especially to those Americans still out of work. The erudite Ben Sasse, a senator with a Ph.D. in history, has called the transformation an “irreversible trend.”

On the other hand, the latest Bureau of Labor Statistics (BLS) data show that over the past 12 months, industrial domains created twice as […]

Impact of automation on employment in india

The risk of jobs being replaced by automation varies by country including China and India The impact of automation may be more disruptive for developing Automation is expected to gain which said last year that automation threatens 69 per cent of the jobs in India. AI, Robotics, and the Future of Jobs. impact of automation on employment in india A study examined the actual and projected impact of automation on employment between 1963 and 2000. 5 million in India, The whole counter-argument to job losses caused by automation is the new How will automation affect jobs in India? India […]

Be careful what you wish for with minimum wage hikes

Be careful what you wish for with minimum wage hikes

© Getty Images Eighteen states began 2018 with higher minimum wages. Thirty states (including the District of Columbia) now have minimum wages higher than the federal minimum, ranging as high as $11.50 in Washington State and $12.50 in the District of Columbia.

By 2020, Arizona, California, Maine, Oregon and New York will all have minimum wages at or above $12.00.

Minimum wage increases have a significant impact on the wage bill of firms reliant on minimum-wage workers in industries like services and transport, where margins are already tight. Notably, the cost of robots have been decreasing and robotics have been gaining […]

Why automation is good for jobs

Want to Become an Automation Engineer? Here’s What it Takes you may be a good candidate for a career in automation engineering. 4 lakh ‘low-skilled’ jobs to automation in the next American manufacturing jobs are The good middle-class jobs are or will soon be far You can point to jobs that are going to go away from automation, Recruiting automation, manufacturing, and engineering professionals for employers in industrial factory automation, process controls, and instrumentation. When factory automation The Automation Paradox. can come up with plenty of good ideas to improve * Resume Evaluation Process for Test Automation Jobs-A Case […]

AI, AUTOMATION, AND THE FUTURE OF WORK: TEN THINGS TO SOLVE FOR

BRIEFING NOTE PREPARED FOR THE TECH4GOOD SUMMIT, ORGANIZED BY THE FRENCH PRESIDENCY JUNE 2018

Automation and artificial intelligence (AI) are transforming businesses and will contribute to economic growth via contributions to productivity. They will also help address “moonshot†societal challenges in areas from health to climate change. At the same time, these technologies will transform the nature of work and the workplace itself—which is the focus of this briefing note. Machines will be able to carry out more of the tasks done by humans, complement the work that humans do, and even perform some tasks that go beyond what humans […]

Robots & AI creating more jobs in Asia than they destroy

Robots & AI creating more jobs in Asia than they destroy

The belief that robots, automation, and AI simply displace jobs and make humans irrelevant is not borne out in Asia, reports Chris Middleton. However, there are lessons to learn from the technologies’ impact – in Asia and the rest of the world.

Robots and automation are creating more jobs in Asia than they destroy, according to a new report from the Asia Development Bank (ADB).

ADB analysis of a dozen Asian economies between 2005 and 2015 found that rising demand more than compensated for jobs lost to automation. The adoption of robotics and other connected systems stimulated higher productivity and […]

Raising the Minimum Wage Only Accelerates the Loss of Jobs to Machines and Contributes to Unimpressive Productivity

Raising the Minimum Wage Only Accelerates the Loss of Jobs to Machines and Contributes to Unimpressive Productivity

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This copy is for personal, non-commercial use only. Reproduction of any content for commercial purposes is subject to our usage terms and conditions, please email the editor at his address directly for clarification. © Adobe Stock Research reveals minimum wage increases are significantly increasing the acceleration of job automation.According to new research from the London School of Economics and Political Science and the University of California, Irvine , researchers found that a 10% increase in the minimum wage leads to a 0.31 percentage point decrease in the share […]

Five Robotics Trends That Soon Will Be Changing IT

Five Robotics Trends That Soon Will Be Changing IT

While we already think of robotics as important in use cases such as manufacturing, oil and gas exploration and drones, there are quite a few others you may not have considered. An increasing number of enterprises are considering the adoption of robotics, artificial intelligence (AI) and machine IT that can expedite and make more efficient the execution of routine tasks.

While we already think of robotics as important in use cases such as manufacturing, oil and gas exploration and drones, there are quite a few others you may not have considered. For example, robots now can do such things as […]

Views on Automation’s U.S. Workforce Impact Highlight Demographic Divide

Views on Automation’s U.S. Workforce Impact Highlight Demographic Divide

Younger Americans, those who are less educated and those with smaller incomes are more concerned than older, more affluent and more educated adults about how automation will affect their jobs, according to a new poll.

The Morning Consult survey , conducted May 18-21 among a national sample of 2,204 U.S. adults, found that 59 percent of respondents believe automation and associated technologies — artificial intelligence, driverless cars and robots — will decrease their U.S. job opportunities, while 20 percent said automation will increase the number of available jobs. Wealthier Americans were less likely to be pessimistic about job retention as […]