Tag: manufactur

Automation will not just hit IT but these 10 jobs, too. Are you part of any?

Automation will not just hit IT but these 10 jobs, too. Are you part of any?

With land, machinery, chemicals and seeds becoming expensive and technology providing cost-effective labour solutions, the days of the individual farmers are numbered. Automation has everyone on the edge. According to a recent report by US-based research firm ‘HfS Research’, India’s IT services industry, which employs around 3.7 million people, will lose 6.4 lakh jobs to automation in the next five years.

The report further adds that the IT industry worldwide would see a net decrease of 9% in headcount, or about 1.4 million jobs, with countries such as the Philippines, the United Kingdom and the United States also taking hits […]

Future proofing your job

Future proofing your job

On Monday night, ABC Four Corners ran a ripper report entitled “Future Proof” , which examines the future of work in Australia and whether we are preparing our children properly for the future.

The report features a bunch of experts and commentators, some of who believe that up to 40% of current jobs (5 million) could disappear within 15 years as technological change takes hold, although many of these will be replaced by new jobs in areas that we probably haven’t even thought of.

Below are some key extracts from the transcript , beginning with the pessimistic news: GEOFF THOMPSON: Today […]

Barack Obama wrong about size of U.S. steel production, work force

Barack Obama wrong about size of U.S. steel production, work force

Canadian Prime Minister Justin Trudeau and his wife, Sophie Gregoire Trudeau, share a laugh with U.S. President Barack Obama after his address to Parliament in Ottawa, on June 29, 2016. (Justin Tang/The Canadian Press via AP) Activity at the ArcelorMittal coke factory, which currently employs about 180 people, in Monessen, Pa., on June 30, 2016. (Jeff Swensen/New York Times) When Donald Trump made a high-profile speech outlining his approach to trade, he did it in Monessen, Pa., a town near Pittsburgh where a big steel mill has been shuttered for the past three decades.

A day after Trump’s speech, Barack […]

Politifact: Obama Wrong on Steel Production

Politifact: Obama Wrong on Steel Production

By Greg Richter | Tuesday, 05 Jul 2016 07:13 PM President Barack Obama got it wrong when he said last week that "The steel industry is producing as much steel in the United States as it ever was. It’s just (that) it needs one-tenth of the workers that it used to," Politifact says.
Obama made the claim during a summit in Ottawa one day after presumptive GOP presidential nominee Donald Trump slammed manufacturers for moving jobs into other countries. Trump was speaking near Pittsburgh, where the once dominant steel industry has been hammered in recent decades.

Obama took issue […]

The Enemies of Economic Independence

The founders sought more than political independence from Europe. They also sought to secure America’s economic independence. To that end, the second bill enacted by the first Congress was the Tariff Act of 1789 , the stated purpose of which was "the encouragement and protection of manufactures." The end result of America’s reliance on the tariff was both prosperity and economic independence, as American manufacturing became the envy of the world and Americans ended up relying on fellow Americans for most of the goods they purchased. This happy situation was brought to an end by our elites’ fatuous embrace […]

Book review: The Rise Of The Robots

Book review: The Rise Of The Robots

The Rise Of The Robots—Technology And The Threat Of Mass Unemployment: By Martin Ford, Oneworld Publications, 334 pages, Rs.599. If the Industrial Revolution introduced the assembly-line production concept in factories, the 1950s and 1960s saw companies like General Motors introduce robotics on shop floors. These developments, however, will pale in comparison to what is in store for the human workforce a few decades from now, given the acceleration in capabilities of software automation and artificial intelligence (AI) driven predictive algorithms.

The Rise Of The Robots—Technology And The Threat Of Mass Employment by Martin Ford is a well-researched attempt to […]

Robots, Jobs and Productivity in the Manufacturing Industry

Robots, Jobs and Productivity in the Manufacturing Industry

Reprinted with Permission

The Association for Advancing Automation recently published a white paper discussing the impact of industrial robotics on productivity and employment in the manufacturing industry. We would like to share our thoughts about its main findings.

Figure 1 below illustrates the evolution of robot shipments and employment for almost 20 years. The relationship between those two is clearly visible. As the robot shipments slowed down (blue bars), like in 2001-2002 and 2007-2010, so did nonfarm employment (green bars). . The industrial robot shipments are linked with the growth in manufacturing labor productivity, as it can be seen in […]

Robots Don’t Create New Jobs For Us, Rather, Idle Human Beings Go Do New Things

We’ve yet another little report on what’s going to happen when the robots come to steal all our jobs. This one at least makes the point that while there have been hiccups before, interregnums if you like, past advances in technology have not left large parts of the population without work. So, why should this time be different? Entirely true that, although of course the claim from the other side is that robots are different and so therefore so will this time be.

However, I still think that the basic story being told here is wrong. Not entirely wrong, it’s […]

Job gap widens between college, high school grads

Job gap widens between college, high school grads

A new graduate proudly displays his diploma, May 9, 2009. Buy Photo A structural shift in the job market following the most recent economic recession has radically changed the composition of the American workforce, with four-year college graduates for the first time constituting a larger share of the workforce than those who got a high school diploma but don’t have a college degree, according to a report released Thursday by the Georgetown University Center on Education.

Researchers at the center found that out of the 11.6 million jobs created in the post-recession economy, 11.5 million went to people with at […]

If Your Job Hasn’t Been Taken Over by Machines Yet, Just Wait

If Your Job Hasn't Been Taken Over by Machines Yet, Just Wait

Don’t pack up your cubicle quite yet. Though robots and automation are probably already transforming your day job, you have roughly a 60% chance of not losing your employment to a machine, according to a recent report from Forrester Research.

Automation and robotics can be seen in everything from manufacturing to logistics to food services and retail, but what are the jobs most likely to be taken over by machines? The proof may already be out there.

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