Automation and its Consequences: How AI is Impacting Employment in its Own Sector

Automation and its Consequences: How AI is Impacting Employment in its Own Sector

Exploring the Paradox: Automation and its Consequences on AI Sector Employment

Automation and its consequences have been a topic of discussion in various sectors for years now. However, it’s not just traditional industries like manufacturing and transportation that are feeling the impact. Interestingly, the field of artificial intelligence (AI) itself is experiencing significant changes due to automation.

In the realm of AI, automation is seen as a double-edged sword. On one hand, it has the potential to streamline processes, increase efficiency, and reduce human error. On the other hand, it could lead to job displacement and a decrease in demand […]

The Future of Artificial Intelligence: Implications and Possibilities

The Future of Artificial Intelligence: Implications and Possibilities

Photo by ThisIsEngineering on Pexels.com Artificial Intelligence is the construction of creative devices using massive amounts of data to carry out activities that resemble humans. Only imagine: such different industries as iGaming with the websites like spin city online casino and rocket science with innovative projects of Elon Musk can both revolutionize due to it. AI can be used for various things, such as in-depth data analysis, pattern recognition, and prediction-based reasoning.

These prospects raise thoughts concerning the future of AI, and its effect on employment is one of the main worries. Since automation will boost productivity in many processes, […]

Displacement | Younger workers are terrified that AI will make them redundant – here’s what to tell them

Displacement | Younger workers are terrified that AI will make them redundant - here's what to tell them

The rise of artificial intelligence has become (or is at least perceived to be) a double-edged sword.

While AI promises increased efficiency and productivity, there is a growing concern among workers, particularly Gen-Z and beyond, that these technological marvels may ultimately replace them in their respective industries.

This fear, coined as ‘AI anxiety,’ is a very real and documented phenomenon – and one that that many in the workforce have never had to face before.Recent surveys and reports have shed light on the extent of workers’ concerns. One survey conducted by a leading employment agency revealed that 49% of the […]

Festo’s digital learning portal supports the workforce of the future in developing better automation skills

Festo’s digital learning portal supports the workforce of the future in developing better automation skills

The digital transformation is not only changing which competencies need to be obtained as part of technical vocational or advanced training, but also how such skills can be acquired. The Festo Learning Experience (Festo LX) digital learning portal holistically links theoretical learning content with hardware and software solutions from Festo Didactic, allowing theoretical knowledge to be tested directly in practice. In this way, Festo LX enables learners to develop the necessary skills for employment in the high-tech industry of today and tomorrow.

From basic skills to degree level learning
Learners acquire solid basic skills with the SkillsConveyor. […]

AI: This revolution is different, very different.

AI: This revolution is different, very different.

The AI Revolution: A Paradigm Shift Unlike Any Other

In the annals of human history, we’ve witnessed several paradigm shifts that have fundamentally altered the trajectory of our society. From the industrial revolution to the advent of the Internet to the democratisation of social networking, each technological revolution has brought about significant reformative changes. However, the current AI revolution stands apart from these past defining transformations in two key ways: it challenges our assumptions about human competence and has the potential to redefine intergenerational equity in unprecedented ways. The Human Competence Conundrum

Past technological innovations, be it the […]

Will AI Replace Skilled Programmers? When? Should We Tax Robots?

Will AI Replace Skilled Programmers? When? Should We Tax Robots?

I worked in the mainframe computer business for large banks for twenty years. AI was the discussion rage in 2000. Has it finally arrived? Robot tax debate image from WSJ The Wall Street Journal asks What Will AI Do to Your Job? Take a Look at What It’s Already Doing to Coders AI seems set to do to computer programming—and possibly other kinds of so-called knowledge work—what automation has done to other jobs, from the factory floor and the warehouse, to the checkout aisle and the call center. In those industries, the end result of widespread automation has been […]

Dental Robotics: A Disruptive Technology Explained

Dental Robotics: A Disruptive Technology Explained

Robotic dentistry is a new subfield of dentistry that aims to improve both dental practice and patient care via the use of cutting-edge technology and automated tools. It entails using technologies like robots, AI, and automation for the diagnostic, therapeutic, and operative aspects of dental care.

Dentists may benefit greatly from the employment of specialized robots created for the purpose of assisting them in providing high-quality dental treatment.

Tooth preparation, dental implant surgery , orthodontic operations, and even teeth cleaning are just some of the things that these robots can accomplish. They have sensors, cameras, and robotic arms to let […]

Technology Is Made These Jobs Obsolete, Here Is A List Of Declining Jobs

Technology Is Made These Jobs Obsolete, Here Is A List Of Declining Jobs

Office/ Twitter According to Financial Buzz, job security is declining for these 15 positions because these jobs are part of an industry or a component of work that is being replaced by automation. One recommendation for a person looking for a new job is to be aware of the employment outlook.

Technology has always had a disruptive effect on the job market, and the pace of change is only accelerating. RELATED POSTS

Washington, D.C. Newspaper, Georgetowner, Featured White Women On Juneteenth Celebration Promo In recent years, the rise of automation, artificial intelligence, and other technologies are capable of replacing […]

Managers meet AI: How leadership can embrace new tech and earn employee buy-in

Managers meet AI: How leadership can embrace new tech and earn employee buy-in

Artificial intelligence has officially found a home in the workplace. But as fears of an AI takeover grow, it’s on managers to find the most balanced way to use the tech to support workers rather than replace them.

Fifty-six percent of office workers report using artificial intelligence as part of their regular job duties, according to BusinessDIT, a business and digital marketing resource hub. Eighty-one percent said AI has improved their job performance and 89% say it could support them in up to half of their everyday work activities. Managers largely agree. Ninety-three percent plan to encourage their employees to […]

What Does Automation Mean to the Workforce?

What Does Automation Mean to the Workforce?

Over the past few years, automation has been growing at a fast rate. In fact, Gartner predicts that about 69% of all daily managerial tasks will be automated by 2024. However, as automation grows, there is an increasing concern about how this technology will impact the workforce.

Some experts argue that automation will increase productivity and create new jobs. Others worry that this transformative technology will aggravate income inequality and displace workers. Regardless of how things will turn out, it’s evident that the growth of automation will significantly impact the future of the workforce. With that said, let’s dive deeper […]