Tag: manufactur

New jobs for the brave new world

New jobs for the brave new world

Representational image: A student makes a robot during World Robot Olympiad in Kolkata The transformation of the Indian Information Technology (IT) sector from a $5 billion industry contributing just over 1% of India’s GDP in the late nineties to a $150 billion behemoth currently, making up almost 8% of India’s GDP, should arguably be the biggest success story of modern Indian economic history.

The huge talent pool of low cost, skilled, English-speaking engineers encouraged every global technology giant to set up their services and back-end operations in India. Currently, the Indian IT industry directly and indirectly employs a population of […]

Robots create American jobs, not destroy them

Robots create American jobs, not destroy them

Automation can make U.S. manufacturing more competitive while increasing the number of skilled jobs available for humans. (AP Photo/John Locher) More than two-thirds of American workers fear that robots will take over their jobs. But human capital leaders are predicting a much brighter future, one where automation can revitalize manufacturing in the United States and increase demand for skilled workers.

Of the 400 HR leaders that were surveyed for Randstad Sourceright’s 2017 Talent Trends Report, a clear majority said that automation and robotics will have a positive impact on U.S. business growth and will influence hiring over the next several […]

Humans Comfortable to Co-Exist with Automation in Work Sphere

Humans Comfortable to Co-Exist with Automation in Work Sphere

With millions of jobs expected to be displaced with the widespread use of AI, bots and automated technologies, a consumer survey commissioned by LivePerson, cloud mobile and online business messaging solutions provider, has found that about 42% of Americans never worry, and about 32% worry less often about automation usurping their jobs.

"We are seeing tremendous interest from large brands as we help them build out their bots strategy and integrate bots into their digital and customer care organizations, right alongside their human agents," says Rurik Bradbury, global head of communications and research, LivePerson. "We commissioned this research as part […]

How do you tax a robot, Mr. Gates?

How do you tax a robot, Mr. Gates?

Bill Gates may favour a tax on robots that devour human jobs. But isn’t Microsoft too arguably a robot by that definition? | Flickr / Stephen Chin Luddites had humanity’s best interests at heart. So does Bill Gates. And with his statement urging taxation of robots to slow down pace of automation, he has proven himself to be a modern-day Luddite. His ideas on robots will, hopefully for the sake of humanity, meet with the same fate that Luddites’ did.

There is little doubt that automation will destroy jobs in sectors ranging from transport to finance . This is a […]

Abolish Work, The Robots Are Coming!

Abolish Work, The Robots Are Coming!

Photo courtesy of NBC.com

We Czechs enjoy judging whether someone has worked ‘enough’ and relegating those who have not to the unenviable position of despicable filth. It is ridiculous. In actual fact, we are running an absurd race to the bottom, competing with one another to be ripped off. Our wages are already laughably low . Now the threat of widespread job loss due to the automation of work looms on the horizon. The Czech Republic will be one of the countries which will suffer most from the replacement of human labour with robots. This should be reason enough to […]

Closing US Manufacturing Trade Deficit Would Create 1.3 Million Jobs

Closing US Manufacturing Trade Deficit Would Create 1.3 Million Jobs

Report Shows How Boosting Productivity Is a Key to Revival

Sharelines The prevailing narrative says automation was the main culprit behind US manufacturing job losses in the early 2000s, and that automation is now powering an unprecedented manufacturing technology revolution that will continue to displace jobs. But a new report from the Information Technology and Innovation Foundation (ITIF) finds that both of these claims are false.

ITIF, a leading tech-policy think tank, finds that trade pressure and faltering US competitiveness were responsible for more than two-thirds of the 5.7 million manufacturing jobs lost between 2000 and 2010. And rather than […]

How The Coming Wave Of Job Automation Will Affect You And The US

How The Coming Wave Of Job Automation Will Affect You And The US

A passenger uses his biometric passport at an automated ePassport gate equiped with a facial recognition system at the British border of the Eurostar at the gare du Nord in Paris on February 17, 2017. / AFP / PHILIPPE LOPEZ/Getty Images We can see this trend when comparing companies across time. The most valuable US firm in 1964 was AT&T. Then, it was worth $267 billion (in 2016 dollars) and employed 758,611 people. Today, Google is worth $370 billion and has only 55,000 employees.

Many workers have already been replaced by machines, but the number is only set to rise.

A […]

Will US Workers Have Right Skills for Jobs of the Future?

Will US Workers Have Right Skills for Jobs of the Future?

President Donald Trump arrives to hold a meeting with manufacturing CEOs at the White House in Washington, Feb. 23, 2017. WASHINGTON —

President Donald Trump told the heads of more than 20 of the largest U.S. manufacturers Thursday that he planned to bring millions of factory jobs back to the United States.

Trump said the United States had lost one-third of its manufacturing jobs since the North American Free Trade Agreement was signed, and that 70,000 American factories had closed since China joined the World Trade Organization. FILE – Arms from a robotic welder simulate welds on a piece of metal […]

Elon Musk, Bill Gates Warn About Robots Taking Over Jobs, But Study Says People Aren’t Worried

Elon Musk, Bill Gates Warn About Robots Taking Over Jobs, But Study Says People Aren't Worried

Recently, tech leaders including Tesla CEO Elon Musk and billionaire Bill Gates warned about robots taking over jobs. However, a new report shows people are not that concerned about job automation.

The report The Robots Are Coming, But Not For Me , is based on an online survey of more than 2,000 adults commissioned by consumer engagements firm LivePerson last month.

Although experts agree robots, artificial intelligence and automated technology will have at least some effect on global economies, the majority of people think they’ll be alright but say other professionals will be affected by mass layoffs, the report found.Among those […]

The employment graphic that that may give President Trump headaches

The employment graphic that that may give President Trump headaches

Updated 10:08 a.m. today Since 2000, American manufacturing production has continued to climb, even as American manufacturing employment. Automation may explain more job losses more than trade. (Deseret Photo) If Donald Trump won the election by promising to "bring back" jobs to America’s manufacturing sector lost to overseas competition, the Trump administration may be in for a surprise when it learns how many of those jobs never "left" the country at all. They just disappeared.

Variations on this surprising data have been graphed by experts on both sides of the aisle: economist Mark J. Perry at the right-leaning American Enterprise […]