Tag: manufactur

Navigating Impact of AI on Job Automation and Employment

Navigating Impact of AI on Job Automation and Employment

Artificial Intelligence (AI) has rapidly transformed various aspects of our lives, and one of the most significant areas it’s reshaping is the job market. In this article, we will explore the Impact of AI on Job Automation & Employment. We’ll delve into how AI is displacing jobs, the future of work with AI, and the implications for job prospects, as well as workforce transformation due to this technological revolution.

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The Impact of Machine Learning on E-commerce Recommendation Systems “Boost Your Productivity with AI-Powered Virtual Assistants” […]

Bismarck’s highest-paying jobs for high school graduates

Bismarck’s highest-paying jobs for high school graduates

STACKER — High school diploma gives graduates a leg up in the workforce, even if they don’t pursue any further education.

The latest Bureau of Labor Statistics data shows that workers over age of 25 with a high school diploma or equivalent earned about 25% more than those without one—$853 a week compared to $682. Diploma holders also faced lower unemployment rates, at 4% in 2022, compared to 5.5% for those who never completed high school.

There are many reasons high-school graduates may choose to not continue on to college—for instance, the cost. Average tuition costs continue to rise, increasing by […]

Celebrating the American Worker this Labor Day weekend

Celebrating the American Worker this Labor Day weekend

This weekend we celebrate the American worker with Labor Day.

I grew up in a blue-collar family in Pittsburgh. My grandfather, most of my uncles and many of my cousins worked in steel mills in the Pittsburgh area. My Dad worked briefly in the steel industry. He didn’t like the ups, downs or occasional strikes. He chose less money for more stable employment and became a carpenter.

We never had a lot of money for a large family of eight. (I had 5 brothers) But we always had food and a home.American labor using coal, steel, timber, oil, natural gas and […]

August manufacturing output is down for the tenth consecutive month, reports ISM

While seeing a slight sequential increase, manufacturing output contracted again in August, according to the new edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM).

The report’s benchmark metric, the PMI increased 1.2%, to 47.6 (a reading of 50 or higher indicates growth), contracting, at a slower rate, for the tenth consecutive month. The past ten months of contraction were preceded by a stretch of 29 consecutive months of growth. ISM also said that the overall economy contracted, at a slower rate, in August, for the ninth consecutive month, which was […]

How does the 4IR impact employment?

The Fourth Industrial Revolution, characterized by the integration of digital technologies, artificial intelligence (AI), and automation into various aspects of society, is poised to bring about significant changes in the global job landscape. While the term itself may evoke notions of radical transformation, it’s crucial to understand the multifaceted nature of its impact on employment. The Fourth Industrial Revolution will bring both opportunities and challenges, shaping the future of work in ways that demand a nuanced perspective.

> Automation and Job Displacement: One of the key aspects of the Fourth Industrial Revolution is the increasing integration of automation and […]

How employees feel about their jobs can make or break a company’s A.I. transformation. Here’s how leaders should handle it

How employees feel about their jobs can make or break a company’s A.I. transformation. Here’s how leaders should handle it

What constitutes meaningful work for humans in a new, A.I.-driven reality? Artificial intelligence is upending not just how people work, but how they relate to their jobs—their professional identity. A.I. uniquely impacts white-collar workers in a way no technologies have before.

In the past, automation technologies focused on automating portions of physical tasks performed by humans. The rise of robotics did just that, displacing low-skilled workers from the manufacturing process of goods like cars. The development of software, on the other hand, affected middle-skilled workers, by automating more complex tasks. A.I. is now coming for white-collar skills—decision-making and intellectual abilities—that […]

AI and Automation: The Future of Work and Job Market

AI and Automation: The Future of Work and Job Market

The rapid advancement of artificial intelligence (AI) and automation technologies has brought about significant changes in various industries, leading to discussions about the future of work and the job market. As machines become increasingly capable of performing tasks that were once exclusive to human workers, questions arise about the potential impact on employment, job roles, and the skills required in the workforce. In this article, we delve into the evolving landscape of AI and automation and their implications for the future of work. The Rise of Automation and AI

Automation, fueled by AI technologies, involves the use of machines, […]

Starbucks’ AI Coffee Makers: A Productivity Case Study

Starbucks’ AI Coffee Makers: A Productivity Case Study

Starbucks’ implementation of artificial intelligence coffee makers 1 offers a simple and ideal case study that can illustrate the synergy between efficiency, wages, profits, and inflation. Even if we don’t know the actual cost figures, we can use some hypothetical numbers to demonstrate how higher efficiency enables higher wages, higher profits, and lower prices. ADVERTISEMENT
Although pressure to increase wages is generally linked to inflation, 2 this paradigm assumes the higher wages aren’t driven by higher productivity. When workers become more productive, their product or service becomes cheaper rather than more expensive, and this is deflationary.

Harrington Emerson 3 pointed […]

Empowering Communities and Rebuilding America’s Manufacturing Sector

Empowering Communities and Rebuilding America’s Manufacturing Sector

NEW SMYRNA BEACH, FLORIDA, UNITED STATES, August 26, 2023/ EINPresswire.com / — In an era of global connectivity and technological advancements, there’s a call to action resonating from within our communities: the resurgence of local manufacturing and the creation of quality jobs. At Rosey Robotics LLC, this call echoes loudly as we spearhead a movement that seeks to not only redefine the manufacturing sector but also uplift the heart of our community in New Smyrna Beach, Florida.

The decline of the manufacturing sector in the United States has far-reaching implications that extend beyond the economic sphere. It touches the very […]

What Jobs will AI Replace in Future? (8 Jobs Most at Risk In 2023)

What Jobs will AI Replace in Future? (8 Jobs Most at Risk In 2023)

What Jobs will AI replace in furture Artificial Intelligence (AI) is like a helpful companion that’s making its way into various industries, helping us to transform and ease our way to work.

But many wonder, Will AI take over human jobs? The answer is both yes and no. AI is indeed automating some tasks, but it’s also creating exciting new opportunities for human workers. Get What Jobs will AI Replace Latest News & Updates

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