Tag: manufactur

Automated Deindustrialization: How Global Robotization Affects Emerging Economies—Evidence from Brazil

Highlights

• This study examines the effects of automation technology adoption by domestic and trade-partner industries on employment in 557 regions of Brazil.

• The empirical analysis is grounded on a Ricardian model of trade, and instrumental variables account for endogeneity in robot adoption. • Automation in trade-partner countries reduces the employment share in manufacturing, while increasing employment shares in the mining sector. • The same pattern is found for sectoral and regional exports, suggesting that shifts in the demand for export goods are causing employment changes. • Automation within Brazil increases the ratio of […]

Low Skilled Labour – A Weak Link in China’s Industrial Strategy

Low Skilled Labour – A Weak Link in China’s Industrial Strategy

A vast majority of Chinese manufacturers are facing labour shortage. According to a survey of China International Intellectech Co. (CIIC), the shortages range from a few hundreds to thousands of workers in many factories constituting equivalent to 10%-30% of their total work force.

Chinese businesses face labour shortages of 70% and it is 55% for companies, according to the ‘Blue Collar Employment and Compensation Management Report 2021’. China’s Ministry of Education has forecasted a shortage of nearly 30 million manufacturing workers by 2025. Although, a large number of young people enter into job market every year, they lack appropriate skills […]

Nuálach Automation: tailor-made solutions for repetitive tasks and physical strains

Nuálach Automation: tailor-made solutions for repetitive tasks and physical strains

Kealan O’Connell and Evan Roarke, co-founders of Nuálach Automation. Automation is one way SMEs in the manufacturing sector can stay profitable and competitive in the face of growing labour and skills shortages. However, many SME owners won’t even go there because they assume the cost would be prohibitive. Not so says Kealan O’Connell, who cofounded Nuálach Automation with Evan Roarke in 2021 to overcome this perception and help smaller companies use innovative technologies, such as robots, to sustain and grow their businesses.

There is no shortage of companies in the automation space, but Nuálach’s founders are differentiating themselves from the […]

How Will AI and Automation Tackle Moonshot Societal Hurdles?

How Will AI and Automation Tackle Moonshot Societal Hurdles?

Harnessing the power of AI and automation; tackling moonshot societal hurdles 2023

Artificial intelligence (AI) and automation have the potential to tackle some of the most complex societal challenges and pave the way for transformative solutions. As technology advances, the intersection of AI and automation holds promise in addressing moonshot societal hurdles. This article explores how AI and automation can be harnessed to tackle these grand challenges, paving the way for a brighter future. Healthcare Revolution

AI and automation have the power to revolutionize healthcare. From AI-powered diagnostics to robotic surgeries, these technologies can enhance accuracy, efficiency, and […]

Cyclone Robotics leads hyper-automation race using RPA and AI

Cyclone Robotics leads hyper-automation race using RPA and AI

Amidst the increasing demand for productivity improvements due to the gradual disappearance of labor dividends and rapidly changing market conditions, establishing agile IT capabilities has become essential for enterprises.

Recent developments in artificial intelligence, exemplified by the introduction of ChatGPT, are highly relevant in this context. With these recent advancements, AI technology has shown compatibility with robotic process automation and hyper-automation technology.

Relevant to these developments is Chinese enterprise AI company Cyclone Robotics. Founded in 2015, Cyclone specializes in hyper-automation products tailored to meet the operational needs of its clients.Rising operational demands and a dwindling talent pool are among the factors […]

Significant Growth Expected in Sectors with Advancements in Artificial Intelligence

Significant Growth Expected in Sectors with Advancements in Artificial Intelligence

The emergence of artificial intelligence (AI) is poised to drive significant growth in several sectors over the next decade. These advancements have the potential to revolutionize various industries and create new opportunities for businesses and workers.

One sector that stands to benefit from AI is manufacturing. The automation and increased efficiency that AI brings to production lines can streamline processes and boost productivity. Another sector that is expected to experience growth is autonomous vehicle navigation. AI is a key component in the development of self-driving cars, which could revolutionize transportation.

In education, AI has the potential to personalize learning experiences and […]

Will Robotics Steal Our Jobs? Navigating the Future of Automation

Will Robotics Steal Our Jobs? Navigating the Future of Automation

The rapid advancement of robotics and automation technologies has ignited a debate about their potential impact on the workforce. As robots become more sophisticated and capable, concerns about job displacement and human unemployment have gained prominence. While there are valid apprehensions about job losses, the relationship between robotics and employment is complex and multifaceted. In this article, we will explore both sides of the argument and shed light on how the integration of robotics into various industries might reshape the future of work. The Robots Are Coming: Threat or Opportunity?

1. Automation’s Historical Precedence : Throughout history, technological […]

Effects of Workforce Changes in the United States by 2030

Effects of Workforce Changes in the United States by 2030

A recent study by the McKinsey Global Institute predicts that around 12 million American workers may need to switch jobs by the year 2030. The rise of artificial intelligence (AI), an aging population, and the impact of e-commerce on employment are the key factors driving this shift.

Unlike the voluntary job changes observed during the “Great Resignation,” the study suggests that approximately 11.8 million workers will be compelled to change careers out of necessity rather than choice. Out of these workers, around nine million individuals may have to transition to entirely different industries.

The study identifies four categories where job levels […]

Industrial Policy Isn’t About Jobs

Industrial Policy Isn't About Jobs

One of the most common refrains from politicians of both parties who want to justify their new programs or higher spending is that it will create jobs. Then there are those who argue that the goal of industrial policy is the creation of “good jobs.” I wish they would stop so we could have a conversation about what industrial policy is about and whether it is the best way to achieve whatever goal it is supposed to achieve.

With that in mind, I thought these comments from Noah Smith and Larry Summers were interesting.

During a Good Fellows podcast a few […]

How AI Is Shifting The World Of Employment

How AI Is Shifting The World Of Employment

Isometric robot analyzes the database of employees or personnel. Data processing. Robot HR manager. … [+] getty AI has set its sights on 300 million jobs around the globe, about 9.1% of all the world’s jobs , and here in the U.S., 24% of the workforce is concerned about being replaced by AI.

Yes, AI will take your job; however, it will gift two or three new jobs in its place. The thing is, we can’t be certain what those new jobs will be.

Remember when the big news was that high school students would grow up to pursue careers that […]