Tag: manufactur

Will Blockchain Technology and Smart Contracts Steal Jobs from People?

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Bitcoin’s underlying blockchain technology has already expanded from just being a ledger, keeping a record of all transactions happening over the network to a widely adopted technology across industries. Smart contracts based on blockchain technology can be used to automate various process across industries.

The major application of blockchain technology currently lies in the banking and financial sectors, involving a lot of time-consuming repetitive processes. By creating smart contracts that are programmed to automatically execute certain processes when the predetermined conditions are met, lot of resources in terms of time and manpower can be saved. Automation […]

Will Blockchain Technology and Smart Contracts Steal Jobs from People?

Will Blockchain Technology and Smart Contracts Steal Jobs from People?

Bitcoin’s underlying blockchain technology has already expanded from just being a ledger, keeping a record of all transactions happening over the network to a widely adopted technology across industries. Smart contracts based on blockchain technology can be used to automate various process across industries.

The major application of blockchain technology currently lies in the banking and financial sectors, involving a lot of time-consuming repetitive processes. By creating smart contracts that are programmed to automatically execute certain processes when the predetermined conditions are met, lot of resources in terms of time and manpower can be saved. Automation can save these institutions […]

Neither Trump nor Clinton is addressing the biggest challenge to jobs: automation

Neither Trump nor Clinton is addressing the biggest challenge to jobs: automation

Presidential candidates Hillary Clinton and Donald Trump are both promising to bring good-paying jobs back to America, but analysts say neither of them has addressed one of the biggest challenges looming ahead: the impact of automation and the rise of artificial intelligence.

Some argue that the challenge will soon become impossible to ignore.

“Job losses due to automation and robotics are often overlooked in discussions about the unexpected rise of outside political candidates like Trump and Bernie Sanders,” Moshe Vardi, an expert on artificial intelligence at Rice University, said before this month’s conventions .Vardi pointed out that manufacturing employment has […]

Neither Trump nor Clinton is addressing the biggest challenge to jobs: automation

Neither Trump nor Clinton is addressing the biggest challenge to jobs: automation

Image by Danomyte, via Shutterstock Presidential candidates Hillary Clinton and Donald Trump are both promising to bring good-paying jobs back to America, but analysts say neither of them has addressed one of the biggest challenges looming ahead: the impact of automation and the rise of artificial intelligence.

Some argue that the challenge will soon become impossible to ignore.

“Job losses due to automation and robotics are often overlooked in discussions about the unexpected rise of outside political candidates like Trump and Bernie Sanders,” Moshe Vardi, an expert on artificial intelligence at Rice University, said before this month’s conventions .Vardi pointed out […]

Automation and its effects on employment

In the developed world manufacturing production has at worst held steady while jobs in those industries have fallen.

Manufacturing has held steady at about a quarter of US GDP for the last 10 years but total employment in manufacturing has fallen from about 10 percent of the population to about 7 percent.

Now, there is a lot going on here I would agree Millers. Its certainly not just automation. American (and other developed world nations) no longer make socks for example because even with yoooooge tariff walls we just arent going to make socks cheaper than China […]

Anna Turley: In an Uber economy, an active state can ensure the rewards reach the many and not the few

Anna Turley: In an Uber economy, an active state can ensure the rewards reach the many and not the few

Technological change is already beginning to transform our world, changing the way we live and work. The challenge for progressives is to find ways of managing the disruption so that all parts of our society can benefit. As my colleague Tom Watson MP has argued, the question is how we make this transformative process our friend and not our foe.

The “job for life” is now rare, replaced with less secure work and more self-employment. The next generation of automation could soon see more jobs replaced by robots. For policymakers this means grasping for new means to manage the resulting […]

Universal basic income paid by a ‘robot tax’ is a bad idea

Universal basic income paid by a ‘robot tax’ is a bad idea

Thilo Brodtmann considers that the Parliament’s report on robots should have been a selection of "sensible suggestions" instead of a list of regulatory measures. Although the digitalisation of industry is a top priority among EU decision makers, Europe should not be concerned about job losses caused by growing automation. Instead, member states should teach the new generations the skills required for a digital future, believes the VDMA chief, Thilo Brodtman.

Thilo Brodtmann is the executive director of VDMA, the German mechanical engineering association representing more than 3,200 mainly small and medium -sized companies.

Brodtmann spoke to EurActiv.com’s Jorge Valero […]

Will Automation Make Employees Obsolete?

The subject of automation and robotics tends to strike fear in the hearts of job seekers and professionals in many career disciplines. Since the beginning of the Industrial Age, businesses have been introducing faster, more efficient and cost-effective equipment into their daily business operations.

Today, even the auto industry is looking to design a remote controlled vehicle that operates without the need for a driver at a steering wheel. Drones, of course, are now one of the most popular methods of delivery for many businesses.

While much of this equipment may sound like space age concepts, they have the tendencies to […]

Stuart Hall, Tyzack works out the future.

Stuart Hall, Tyzack works out the future.

The pace of technological change, shifting demographic patterns and economic globalisation are radically re-shaping the future of employment globally. This is something we have been witnessing since 2000, with the acceleration of a technological revolution, a radical transformation more comprehensive and more encompassing than anything we have seen before.

We are already experiencing the impact in staff reductions as a result of technology such as supermarket self-checkouts, ATM machines and robotics in the manufacturing sector, and whilst few doubt that the changes we’re experiencing hold great promise, the patterns of employment, production and consumption resulting from them are certainly creating […]

Research probes future of horticultural labour

Research probes future of horticultural labour

Farm workers: sectors reliant on EU migration will need to plan for reduction in labour availability after leaving EU – image: USDA The future role of labour in agriculture and horticulture is now very much up for grabs, according to two new policy reports published this month. Faced with a potential decrease in supply of low-skill migrant labour and the phased introduction of the National Living Wage (NLW), and with a high degree of "routineness" in its lower- skilled tasks, food and farming stands out as the sector of the economy most ripe for automation, according to Robot Wars: […]