Tag: manufactur

Automation Wont Create New Jobs Like Technology Did In The Past

In the past few years, even as the United States has pulled itself partway out of the jobs hole created by the Great Recession, some economists and . Economists and entrepreneurs say the advent of robots and automation will destroy more jobs than it will create—leading to a world where computers do most of the work and humans do something else. "If you think about a new technology, it does two things: It substitutes for existing labor, but it also compliments the creation of new jobs—making the AI, and using 1 Jun 2017 We were thrilled to learn marketing […]

Is tech dividing America?

Is tech dividing America?

Pablo Declan for POLITICO When Americans consider how technology has changed their lives, they tend to focus on how the internet and smartphones have altered how they watch TV, connect with friends, or how they shop. But those changes pale in comparison to how technology has already restructured the economy, shaking up the workforce and shifting opportunity to tech-centric urban hubs. As artificial intelligence quickly moves from fiction to daily reality, that revolution will arguably become much more consequential.

Economists broadly agree that technology will continue to be an engine of economic growth. But it also will upend old certainties […]

Rise of the Automation in Industries is Likely to Boom Market Growth Avenues for Coating and Application Technologies for Robotics

Rise of the Automation in Industries is Likely to Boom Market Growth Avenues for Coating and Application Technologies for Robotics

Coatings and Application Technologies for Robotics Market Several manufacturers are making great efforts to integrate innovative technologies in developing coating and application processes for robotics. With the increasing adoption of automation in almost every industry, coating and application has become one of the most important technology for robotics. It is widely used to form a protective layer on the surface of robotics against moisture, inflammation and other corrosive elements.

According to the Future Market Insights report, the global coating and application technologies for robotics market is estimated to be valued at US$ 930 Mn in 2017 and estimated to reach […]

Automation to hit financial services jobs hardest

Financial services jobs are expected to be the most impacted during the first two of three waves of automation predicted to hit between now and the mid-2030s.

PwC economists have predicted that, during the first wave – into the early 2020s – financial, professional and technical services, and information and communications sectors are likely to be the most impacted by automation, affecting between 6% and 8% of these jobs.

However, only 2-3% of UK jobs will be impacted during this time, as many of the technologies are still at an early stage of development.During the second wave – in the late […]

Britain prepares for Industry 4.0: The optimist’s view on the future of work

Britain prepares for Industry 4.0: The optimist’s view on the future of work

Britain’s stance on automation Released at the World Economic Forum (WEF) 2018, the ‘Readiness for the Future of Production’ report highlights Britain as one of 25 countries in a positive position to benefit from Industry 4.0. However, much of the media coverage following the release of the report has centred on the threat these technologies pose to jobs. Here, Martyn Williams, managing director of automation software provider, COPA-DATA UK, explains why automation could create more jobs than it replaces.

According to a study by YouGov, 34 per cent of British workers believe that increased automation will damage their job security. […]

Kerala: CDS study moots automation policy

Kerala: CDS study moots automation policy

No. of industrial robots up from 70 in 2000 to 16,026 in 2016. Sunil Mani, CDS director THIRUVANANTHAPURAM: Even though automation does not pose a threat to employment in India’s manufacturing industry as of now, fast developments in the area demand a policy formulation.

A recent study by the Centre for Development Studies (CDS) director Sunil Mani pointed out that the number of industrial robots in India has increased from just 70 in 2000 to 16,026 in 2016.

The manufacturing sector accounts for the lion’s share of delivered robots, especially in automotive, electrical and electronics, metal, chemical, rubber and plastic industries. […]

Industry 4.0: How Automation and IoT Will Affect Jobs

Industry 4.0: How Automation and IoT Will Affect Jobs

The current trend of automation has been branded as ‘Industry 4.0’, a phase that many believe to be the next economic revolution. Michael E Porter of the Harvard Business Review said: “What is underway is perhaps the most substantial change in the manufacturing firm since the second industrial revolution, more than a century ago.”

The Internet of Things combines the power of machinery and computers, bridging the gap through connectivity. Turning human-operated machine in the manufacturing, production, construction and agriculture industries into an intelligent or ‘smart’ entity. There’s no doubt that robotics and drones plus automated processes are going to […]

‘Robot jobs’ and gig economy point to need for universal basic income

Many Australian workers face a "significant shock" to wages and job prospects due to the impact of automation and technological change, says jobs website Seek.

In a submission to a Senate inquiry into the "Future of Work and Workers", the company’s chief financial officer, Geoff Roberts, warned of a hollowing out of mid-level jobs in Australia. SHARE Share on Facebook SHARE Share on Twitter TWEET Link Call-centre workers fear greater automation. Photo: Robert Rough Unease about the use of robots and automation to replace human workers has been on the rise amid a climate of flat wages and digital upheaval.

It […]

When robots take our jobs

When robots take our jobs

Robotics at work on a Telsa car in California. April 23, 2013. (EPA) This is the weekly roundup of The WorldPost , of which Nathan Gardels is the editor in chief.

Having slowly recovered from the great recession a decade ago, the global economy is finally back on the growth track — including in the United States, as the American president characteristically trumpeted in his State of the Union speech this week.

The coming peril resides in the promise of this good news. As unemployment falls and puts pressure on wages to rise in the age of digital capitalism, automation […]

Will Robots & Automation Replace Construction Workers?

Will Robots & Automation Replace Construction Workers?

“The robots are coming to take our construction jobs!” There’s been a lot of media coverage over the past couple of years about how workers in many industries, construction included, will soon be replaced by robots and artificial intelligence (AI). A recent study by the Midwest Economic Policy Institute (MEPI) estimates that by 2057 robots could replace or displace 2.7 million jobs in construction.

It’s an alarming number, but one that should be taken in the context of how it was determined. The MEPI study used employment numbers from the Bureau of Labor Statistics for a handful of construction trades […]