foodpro 2023 – Day 1 snapshot

foodpro 2023 – Day 1 snapshot

Australia’s largest and most trusted food manufacturing show foodpro, had a massive first day at the Melbourne Convention and Exhibition Centre yesterday with more than 400 exhibitors, constant foot traffic and engaging speaker presentations. The best of new automation and innovation was out in force. Key exhibitors featuring new machines set to revolutionise food manufacturing

Vemag – Super fast sausage making machine – 400 sausages a minute

This year Vemag is occupying the largest floor space area at foodpro, with numerous massive machines in operation. One of which is the HPE HP Coex CC215 + LL335 – a […]

The Straight-to-the-Point “The End of Work: Why Your Passion Can Become Your Job” Review

The Straight-to-the-Point “The End of Work: Why Your Passion Can Become Your Job” Review

In his provocative book The End of Work: Why Your Passion Can Become Your Job, economist John Tamny makes a contrarian case against widespread predictions that automation and artificial intelligence will lead to permanent mass technological unemployment.

Tamny argues that while automation will continue displacing certain jobs, an expanding economy stimulated by innovation, capital investment, and specialization will also generate new, more fulfilling work. He contends that as long as entrepreneurs can innovate, investors provide capital, and consumers have wants and needs, human work will never permanently disappear.

The End of Work: Why Your Passion Can Become Your Job Amazon.com: […]

Can warehouse automation technology unleash MSMEs’ real potential?

Can warehouse automation technology unleash MSMEs’ real potential?

To demonstrate adaptability in the face of changing market conditions, businesses need to streamline their base of operations or, more specifically, their warehouses.

Implementing warehouse automation technologies can be a catalyst for putting companies on the path towards 100 per cent efficiency. (Image: pixabay) By Vinayak Bhat

Warehouse automation technologies for MSMEs: Micro, small and medium enterprises (MSMEs) have been spearheading the Indian economy. These businesses, which include both manufacturing and service-based industries, have proven instrumental in creating jobs and driving innovation. However, they face challenges such as limited infrastructure, lean resources and excessive costs, which ultimately […]

From Science Fiction to Reality: The Evolution of Robotics

From Science Fiction to Reality: The Evolution of Robotics

Technology The realm of science and technology has witnessed remarkable advancements, and one of the most fascinating areas that have transformed human life is robotics. Robotics encompasses the design, construction, operation, and application of robots, which are programmable machines that can perform various tasks autonomously or semi-autonomously. This article delves into the captivating world of robotics, exploring its history, key components, applications across different fields, challenges, and the promising future it holds.

What are Robotics and its Importance?

Robotics is a multidisciplinary field that combines computer science, engineering, mathematics, and artificial intelligence to create machines that can mimic human […]

Reasons for the Disappearance of Jobs: Debunking the AI Myth

Reasons for the Disappearance of Jobs: Debunking the AI Myth

According to a recent report from HSBC, there are four key factors behind the disappearance of jobs, and artificial intelligence (AI) is not one of them. This finding challenges the common belief that AI is solely responsible for the decline in employment opportunities.

Firstly, one major reason for the loss of jobs is the impact of globalization. As companies seek to cut costs and increase efficiency, many jobs are outsourced to countries with lower labor costs. This trend has resulted in job losses in industries such as manufacturing and customer service, as traditional roles are shifted to locations where labor […]

The impact of artificial intelligence on labour economics

The impact of artificial intelligence on labour economics

Manasvi Khamesra

Over the past few years, Artificial Intelligence has emerged as a transformative technology across various industries, profoundly impacting the global economy. While the potential benefits of AI are vast and diverse, its impact on labour economics has been a topic of significant debate. Despite concerns about large-scale job losses and disruptions to various sectors of the economy, Artificial Intelligence has the potential to enhance human capabilities to increase productivity, improve job quality, and increase demand for human resources. The impact of AI on employment and wages is complex and depends on several variables such as the type […]

Want to know how to get ready for the rise of AI? Dig into the past.

Want to know how to get ready for the rise of AI? Dig into the past.

Left to right: The humanoid robot Ameca beside Will Jackson, the CEO and founder of the British manufacturer Engineered Arts. Experts say to look to the past for hints of what the AI boom will mean for the future of work.

There’s a fine line between increasing productivity and making some jobs replaceable.

In many ways, generative AI is unlike any technology before; the future could still hold surprises. They say history never repeats itself, but it does often rhyme. It’s why top researchers are looking to the past as a guide to predict how generative […]

In focus – Is technological change increasing unemployment? Not quite

In focus – Is technological change increasing unemployment? Not quite

The publication of the OECD’s Employment Outlook 2023 revised the public debate regarding the impact of automation on the labor market. Taking into account new data , the report focuses on various automation technologies – e.g. robotics, artificial intelligence, etc. and identifies occupations at high risk of automation.

Across the 27 OECD member states for which data are available, occupations at highest risk of automation account for about 28% of employment. There are important differences between countries. In Hungary, Slovakia and the Czech Republic more than 35% of workers are employed in occupations at high risk of automation. In these […]

7 Reasons Robots Make a Huge Difference in Food Processing

7 Reasons Robots Make a Huge Difference in Food Processing

Robots have been a staple of most manufacturing sectors for decades, but until recently, they’ve been rare in the food industry. Implementing robotics in food processing has historically been challenging, thanks to product irregularity and delicate handling needs. Now that robots have become more precise and adaptive, that automation gap is closing.

Despite their relative novelty, food processing robots have many applications. Here are seven use cases highlighting robots’ disruptive potential in the food and beverage industry. 1.Food Safety

The most important advantage of robotics in food processing is its impact on public health. Roughly one in six Americans get […]

Positive And Negative Impact Of Automation On The Job Market

Positive And Negative Impact Of Automation On The Job Market

Automation has experienced significant growth in recent years, permeating various industries.

While concerns about job displacement due to AI’s ability to perform tasks previously handled by humans have arisen, the impact of automation on the job market is both positive and negative. On the positive side, automation brings the advantage of job creation and increased productivity. However, it also leads to job displacement and polarisation, where there’s a gap between low-skilled and high-skilled jobs.

Understanding how automation can simultaneously create and eliminate jobs may seem perplexing. This article thus aims to shed light on the subject by providing a […]