Tag: manufactur

Automation’s Impact on Jobs and Future Societies

Automation's Impact on Jobs and Future Societies

YouTube Video Thumbnail Explore the debate on automation replacing jobs, featuring John Danaher on potential societal changes, virtual futures, and ethical considerations.

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This article has been created using the same AI that powers Gistly AI. You can copy it and easily use on your website or blog. The Impact of Automation on Work: Navigating a Future with Robots In today’s rapidly evolving technological landscape, the question of how automation will affect the workforce is more pertinent than ever. As industries increasingly integrate robots and artificial intelligence, the future of work stands at a critical juncture. This blog post […]

The future of work: How AI will transform the job market

The future of work: How AI will transform the job market

Artificial Intelligence (AI) is no longer a futuristic concept; it is here, and it is transforming the world around us. From chatbots and virtual assistants to sophisticated machine learning algorithms that predict consumer behaviour, AI is already reshaping industries. As it continues to evolve, its impact on the job market is inevitable. This raises a critical question: Will AI create more jobs than it destroys, or will it leave a trail of unemployment in its wake?

The dual-edged sword of AI

AI’s influence on the job market can be viewed through two lenses—job displacement and job creation. Both aspects are critical […]

How Robots Damaged the American Dream

How Robots Damaged the American Dream

grechsantos/Adobe Stock A study looks at the effects of automation in the 21st century.

CBR – Economics

The populist earthquake that has rocked the United States over the past decade can be linked to automation, the kind that transformed the manufacturing sector and negatively affected millions of workers, research suggests.The findings come from an analysis of résumés that spanned 16 years, from 2000 to 2016. Barcelona School of Economics’ Maria Petrova ; University of California at Los Angeles’ Gregor Schubert ; Bledi Taska of SkyHive, a workforce-management software company; and University of Pennsylvania’s Pinar Yildirim tapped into the […]

Q&A with Bethany Hartley on conclusion of 5-year LIFT Network grant cycle

Q&A with Bethany Hartley on conclusion of 5-year LIFT Network grant cycle

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This audio file is brought to you byLoading audio file, please wait. Bethany Hartley (photo provided) SOUTH BEND, Ind. – From Lippert Components in Elkhart to ITAMCO in Argos to Lock Joint Tube in South Bend, companies, employees and their bottom line have benefitted from different programs offered through the LIFT Network and iNDustry Labs.Launched with a $42.4 million grant from Lilly Endowment Inc., the Labs for Industry Futures and Transformation (LIFT) Network, […]

Should Manufacturers Care About Humanoid Robots?

Should Manufacturers Care About Humanoid Robots?

66c360f8fd7dc6c3e3017e27 Brianmay Humanoid robots have generated quite a buzz recently, for two related reasons: The rapid developments in AI, including generative AI. These technologies enable machines to “learn” tasks faster than ever before, interpret situations and react accordingly. What is more, AI could allow us to give machines instructions via our most human way of communication—natural language. Add to this the fact that key components enabling humanoid robots—batteries, perception and motion sensors, motors, actuators—have become cheaper and lighter in recent years.

Humanoid robots have emerged as a critical new frontier for the AI and tech industry. Consider the high-profile […]

Australia’s data-driven future will transform economy and workforce

Australia's data-driven future will transform economy and workforce

Jobs will increasingly involve collaboration with AI systems to enhance decision-making and efficiency (Screenshot via YouTube) The rise of data-driven technologies is profoundly influencing global economic trends, labour markets and the future of work.

This transformation is characterised by data becoming a critical asset, the expansion of the digital economy and the integration of automation and artificial intelligence (AI) across various sectors.

Australia, like many other countries, is experiencing significant changes driven by these technologies, affecting its economy and labour market dynamics. Global economic trends Data as a commodity: In today’s digital age, data has emerged as a vital asset, […]

Impact of artificial intelligence on the job market.

Impact of artificial intelligence on the job market.

Impact of artificial intelligence on the job market.

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· Follow 4 min read·5 hours ago Introduction Artificial Intelligence (AI) is rapidly transforming industries, economies, and societies. The advancement of AI technologies has the potential to revolutionize the job market, influencing the nature of work, job roles, and employment opportunities. While AI brings numerous benefits such as increased efficiency and productivity, it also raises concerns about job displacement, skill redundancy, and the growing demand for specialized skills. Understanding AI’s impact on the job market is critical, particularly in the context of policy-making, governance, and workforce development. Historical […]

Automation and Job Markets

Automation and Job Markets

from class:

Ethnic Studies

Definition Automation refers to the use of technology to perform tasks that would typically require human labor, often resulting in increased efficiency and reduced operational costs. The connection between automation and job markets is significant, as advancements in technology can lead to the displacement of certain jobs while simultaneously creating new opportunities in emerging fields. This dual impact shapes the landscape of employment and can influence economic systems globally.congrats on reading the definition of Automation and Job Markets. now let’s actually learn it. 5 Must Know Facts For Your Next Test> The rise of […]

Is it time for India to introduce a Universal Basic Income? Premium

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The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. | Photo Credit: Getty Images/iStockphoto

Due to the phenomenon of […]

Automating rural manufacturing: The role of AI in enhancing efficiency and quality

Automating rural manufacturing: The role of AI in enhancing efficiency and quality

By Salloni Ghodawat, Director, Ghodawat Consumer Ltd

India, a predominantly agrarian country, has seen a drastic transition in its economic structure in the past several decades. By contributing 17 per cent to the nation’s GDP, the manufacturing industry is emerging as an integral part of India’s economic growth, as reported by India Brand Equity Foundation. While urban cities have always been the core pillars of this growing manufacturing landscape, there has been a shift in focus where the nation is initiating industrial practices in rural areas. Government policies, technological advancements and initiatives to empower rural areas also play an […]