HALF of American retail workers could be replaced by robots, chilling new study finds

HALF of American retail workers could be replaced by robots, chilling new study finds

Nearly half of Americans working in retail are at risk of losing their job to a robot, a new study has revealed.

An analysis has found up to 7.5 million jobs that deal with merchandise are set to be automated over the next decade.

The researchers discovered that those who work as cashiers have the highest risk of being replaced – and 73 percent of those positions are held by women.Scroll down for video An analysis has found up to 7.5 million jobs that deal with merchandise are set to be automated over the next decade– leaving behind a large portion […]

What and where are the jobs of the future?

What and where are the jobs of the future?

Joe Schoendorf used to make a list of all the jobs that he thought were going to disappear. When that got too long, he switched to making a list of jobs that would not be obliterated by changes in technology, in accelerating automation and artificial intelligence.

That list, he says, is very short. And getting shorter. This worries him deeply – especially when he sees such trends combined with the fundamental deterioration in school education standards in the US, especially in subjects like mathematics.

Schoendorf is not alone in his concern about the jobs of the future. What makes it more […]

Tax wealth and consumption rather than income: automation is killing jobs

, by Alan Kohler. Underemployment has been rising steadily for 40 years and is now the highest it has ever been. And it’s a global trend — not confined to Australia. This is why real wages are now falling, which is to say that average wage growth is below the rate of inflation (1.9 per cent versus 2.1 per cent). … The economics profession is struggling to account for this, and officialdom isn’t even trying. … Automation is creating a steady tide of unemployment: Here’s a guess about what’s going on: in thousands of ways, every day, technology and […]

How will robots change the agricultural industry in Arizona?

How will robots change the agricultural industry in Arizona?

Workers at Abby Lee Farms in Phoenix use stilts to help them reach the top of the tomato plants, which can reach near the ceiling of the greenhouse. (Photo by Josh Orcutt/Cronkite News)

PHOENIX – Each day, workers at Abby Lee Farms walk down the aisles – sometimes on stilts – to inspect, prune and hand pick tomatoes on the 3-acre, indoor facility in Phoenix.

Each tomato gets physically touched by one of the 12 workers at least once, sometimes two or three times, a week, general manager Matt Sanchez said.These employees also decide if it’s too hot or too cold […]

Robots are taking our jobs

Robots are taking our jobs

Innovation & Technology

| June 2017 issue

0 Rita Lobo is a Brazilian journalist in London. She specialises in politics and economics. She’s an avid traveller always on the lookout for a cheap flight to an exciting destination.Once a scenario fit only for a science fiction thriller, today many workers are seeing their jobs being taken by robots. Factories in Korea already have 4.78 robots per every 100 workers. The global average is around 0.66, but as this number grows the cost of implementing robot workers shrinks, making them a viable and cheaper alternative to human workers.According […]

Why robots and AI won’t replace most jobs any time soon

Why robots and AI won't replace most jobs any time soon

Image: iStockphoto/bestdesigns The machines may be coming for your job, but they’re sure not very good at it. As Nick Carr put it , "You can see the robot age everywhere but in the labor statistics." In fact, even as the market has gone frothy over machine learning (ML) and artificial intelligence (AI), the US has registered its 86th straight month of increased employment. It’s possible that machines will eradicate some lower-skilled jobs (with an English degree serving as inoculation ) but, on balance, the evidence for a robot takeover is missing in action. The data doesn’t favor robots […]

Las Vegas to lose 65 percent of jobs to automation by 2025, says study

Las Vegas to lose 65 percent of jobs to automation by 2025, says study

It seems inconceivable that a city can simply watch 65 percent of its jobs evaporate into thin air in less time than it takes your newborn to reach kindergarten, but a recent study says that this is exactly what is going to happen to Las Vegas by 2025.

A report assembled under the supervision of Johannes Moenius, director of the Institute for Spatial Economic Analysis at the University of Redlands, predicts that the huge job loss in Las Vegas will be mirrored by 64 percent of jobs vanishing in El Paso, Texas and 63 percent of percent of jobs in […]

France and Germany forge ahead with car industry automation, UK lags

France and Germany forge ahead with car industry automation, UK lags

The amount of robots installed by French automotive manufacturers increased by 22 percent over a five year period to 2015, helping it to keep up with Germany and move further ahead of the UK.

According to the International Federation of Robotics (IFR), France now has more than 1,400 robots working alongside humans in automotive production, a robot density of 940 units per 10,000 workers. This is the second highest in the EU behind Germany, with the UK lagging behind in 10th with roughly half the number of units.

In France, investment in machinery and equipment are accelerating at a faster pace […]

‘Smart factories to add $500bn to global economy by 2022’

'Smart factories to add $500bn to global economy by 2022'

Manufacturers expect their investments in smart factories to drive a 27 per cent increase in manufacturing efficiency over the next five years which would add $500 billion in annual added value to the global economy, according to a recent report . A smart factory makes use of digital technologies like Internet of Things, artificial intelligence and more.

Smart factory features include collaborative robots, workers using augmented reality components and machines that send alerts when they need maintenance.

By the end of 2022, manufacturers expect that 21 per cent of their plants will be smart factories, says the report conducted by Capgemini’s […]

Smart Factories expected to add $500 billion to global economy in next five years

Smart Factories expected to add $500 billion to global economy in next five years

Capgemini has announced that manufacturers expect their investment in smart factories to drive a 27 percent increase in manufacturing efficiency over the next five years, adding $500 billion in annual added revenue to the economy.

This research, results of which were released today by the consulting, technology, and outsourcing services company’s Smart Factories report , shows that hopes about the inevitable Digital Industrial Revolution are high. Smart factories make use of IoT, Big Data, AI, and advanced robotics to increase productivity, quality, and flexibility; by the end of 2022, manufacturers expect that 21 percent of their sites will be smart […]