Tag: manufactur

Manufacturing’s Rebirth In America: A Chance To Embrace Fair Wages

Manufacturing’s Rebirth In America: A Chance To Embrace Fair Wages

Workers assemble Ford vehicles at the Chicago Assembly Plant on June 24, 2019 in Chicago, Illinois. … [+] Getty Images Manufacturing has been returning to these shores for a number of years now, but the pace at which new factories are going up now is a wonderful surprise. The need for better quality control, lower shipping costs, faster time-to-market, and more reliable supply chains: these motivations are driving this boom. It’s about time. The Wall Street Journal recently reported this astonishing news: “Construction spending related to manufacturing reached $108 billion in 2022, Census Bureau data show, the highest annual […]

AI will be disruptive, the question is who will deal with the fallout?

with artificial intelligence (AI), the genie is out of the bottle. We’re going to be stuck with the fallout – some of it unforeseen benefits, others as-yet-unimagined horrors – come what may.

Questions about controlling AI’s evolution are largely moot, given that we’re now in a global race to see who can make the best ongoing improvements … and put the technology to the worst uses, from cybercrimes to weapons of mass destruction and terrorism.

We’re on a one-way trip to destinations unknown.While predictions today about AI’s specific impacts in the future are unlikely to be at all realistic, we can […]

AI is coming for your job

AI is coming for your job

The reason why ChatGPT made such a massive splash when it was publicly released in November last year was that most of us had little idea just how far artificial intelligence (AI) had progressed. The humanoid robots we had seen strutting their stuff on TV shows sounded so awkward and unnatural that AI was deemed good for a laugh but not perceived as a threat.

That has changed. We stopped laughing when we realized that chatbots like ChatGPT and other AI implementations unleashed since could write coherent sentences, paint pictures, create make-believe photographs or compose music better than us.

Not a […]

The IMF’s No. 2 official says experts were wrong to ignore lost jobs from automation—and warns we ‘don’t have the luxury of time’ to regulate A.I.

The IMF’s No. 2 official says experts were wrong to ignore lost jobs from automation—and warns we ‘don’t have the luxury of time’ to regulate A.I.

Al Drago—Bloomberg/Getty Images The boom in artificial intelligence tools, from image generators to chatbots like ChatGPT, is pushing people to make wild predictions on how these tools might change jobs as we know them. Some experts worry that A.I. could drastically reshape the labor market, driving down wages and even making some jobs extinct .

Now, a top official at the International Monetary Fund is joining the crowd of those worried about A.I., suggesting that we may not much time to determine how to protect people from the new technology.

“There is tremendous uncertainty, but that …doesn’t mean that we have […]

The IMF’s No. 2 official says experts were wrong to ignore lost jobs from automation—and warns we ‘don’t have the luxury of time’ to regulate A.I.

The IMF’s No. 2 official says experts were wrong to ignore lost jobs from automation—and warns we ‘don’t have the luxury of time’ to regulate A.I.

Gita Gopinath, first deputy managing director of International Monetary Fund (IMF), speaks during an interview. The boom in artificial intelligence tools, from image generators to chatbots like ChatGPT, is pushing people to make wild predictions on how these tools might change jobs as we know them. Some experts worry that A.I. could drastically reshape the labor market, driving down wages and even making some jobs extinct .

Now, a top official at the International Monetary Fund is joining the crowd of those worried about A.I., suggesting that we may not much time to determine how to protect people from the […]

Artificial Intelligence Series 2 Of 5: AI’s Influence On The Workforce

Artificial Intelligence Series 2 Of 5: AI’s Influence On The Workforce

Humans and technology Ben Sweet – Unsplash A ginormous concern from the public is how will AI impact jobs. The combination of layoffs with the explosion of AI elevates these concerns. Technological advances are inevitable. We can’t stop the momentum, but we can potentially slow it down with regulations and the thoughtfulness of how we balance technology adoption and job preservation. With the speed of innovation and disruption, we need to pause to make sure we are in control of how tech impacts society. It is important to reflect on what our core values; taking into consideration both how […]

The Future of Work: Adapting to Automation and Artificial Intelligence

The Future of Work: Adapting to Automation and Artificial Intelligence

The rapid advancements in automation and artificial intelligence (AI) are reshaping the workforce and raising questions about the future of work.

Companies need workers with the right skills to develop, manage, and maintain their automated equipment and digital processes and to do the jobs that machines cannot. Reskilling can help left-behind workers find new careers.

It’s essential for workers to need to learn new skills to access the employment market in a very competitive environment.This article explores the impact of automation and AI on employment, the skills required in the evolving job market, and the importance of adaptability and lifelong learning. […]

Fears Of AI Are Greatly Exaggerated

Fears Of AI Are Greatly Exaggerated

A man moves his finger toward an automated hand. AFP PHOTO/ GERARD JULIEN (Photo credit … [+] AFP via Getty Images Fear colors much conversation about artificial intelligence (AI). Some seem concerned with matters of privacy, others worry over abuses of power or the upending of social relationships. Much of the fear centers on job destruction. These last concerns are far from new. They have emerged with every technological advance since the industrial revolution began in the late eighteenth century. They are a very old story that commentators today have attached to something otherwise very new. If the history […]

US Workers Want ChatGPT To Help With Decisions – automatica survey reveals

Survey of 1,000 employees in the US

MUNICH, Germany–(BUSINESS WIRE)– #AI — 63 percent of employees in the US welcome AI services like ChatGPT to help them make the right decision at the workplace. A big majority of almost 80 percent though wants such digital tools to be instantly recognizable as machines. These are results of the automatica trend index 2023. For the study, 1,000 employees were surveyed in the US on behalf of the leading trade fair for smart automation and robotics “automatica” (June 27 – June 30 in Munich, Germany). “Robotics and Artificial Intelligence software like […]

Workplace fatality rates have been stagnant for decades. Could robotics finally reduce them?

Workplace fatality rates have been stagnant for decades. Could robotics finally reduce them?

Despite ongoing concerns about automation in the workplace, robotics focused on safety could lead to the creation of new jobs in other areas, particularly in engineering, maintenance and programming, a National Safety Council report found. Robotics in the workplace — especially autonomous mobile robots, or AMRs — may be able to reduce injuries and improve safety across a variety of industries, according to a May 25 report from the National Safety Council.

Overall, U.S. workplace fatality rates haven’t changed much in the past three decades, despite efforts to reduce injury and death. However, newer technologies may be able to help.

“Robotics […]