Tag: manufactur

100+ Job Loss To Automation Statistics, Industries, Demographics, Geographics, & Future Prospects

100+ Job Loss To Automation Statistics, Industries, Demographics, Geographics, & Future Prospects

In the annals of human progress, the march of technology has been both a catalyst and a harbinger of change. From the advent of the wheel to the revolution of electricity, each era has witnessed a profound transformation in the way we live, work, and interact. Today, as we stand at the precipice of a new chapter in the history of innovation, the dawn of automation looms large, promising a future that is simultaneously awe-inspiring and anxiety-inducing. "Robots at work: the silent replacements rewriting the future of employment." – Unknown Rapid advancements in artificial intelligence, robotics, and machine learning […]

Valoir Study Shows How AI and Automation Are Transforming the Workplace

Valoir Study Shows How AI and Automation Are Transforming the Workplace

A new global study of more than 1,000 employees shows artificial intelligence (AI) transformation of the workplace is in full swing, with 40% of the current work day ripe for automation. While AI presents significant opportunities for employees to become more productive and strategic, it also raises fears about job replacement. Valoir Report: Assessing the Value of AI and Automation

The analysis, by independent analyst firm Valoir , found about 20% of manual tasks have already been automated by AI and other technologies over the past two years. While the level varied by geography, industry and job role, […]

Our Thousand-Year Struggle Over Technology and Prosperity

This book by two MIT economists is very timely because the world is now dealing with the latest in the “Thousand Year Struggle,” in the form of artificial intelligence, the claims that many white-collar jobs will be automated, OpenAI’s call for regulation, and the possibility that AI will bring a further concentration of power among the big tech companies.

Much of the book sets the stage for this discussion by summarizing the history of technology. This review focuses on the economic and social impact of automation and information technology over the last 50 years. For instance, “the distribution of income […]

Unleashing Human Potential: The Power of Automation in the Digital Age

Unleashing Human Potential: The Power of Automation in the Digital Age

Image Credit: Unsplash In the ever-evolving landscape of the digital age, automation has emerged as a powerful tool that is reshaping industries, transforming work processes, and unleashing the untapped potential of human capabilities. This blog explores the profound impact of automation on our lives and how it is empowering us to achieve new heights of productivity, creativity, and innovation.

Automation, in its simplest form, refers to the use of technology and machines to perform tasks or processes that were previously carried out by humans manually. With advancements in artificial intelligence , machine learning, and robotics, automation has evolved beyond repetitive […]

20+ Surprising Statistics About Automation in Manufacturing You Need To Know

Automation is incredible; it can streamline repetitive tasks and do things it takes humans hours to do in mere minutes. One of the industries that benefit from it the most is the manufacturing industry, which has made massive leaps and strides in recent years.

Of course, despite all the developments, many people are concerned that automation will steal their jobs away and raise a red flag at the thought of a robot-run society. These concerns are all addressed in these research-based statistics and ultimately proven false. Key Highlights

In 2025, the industrial automation market is expected to hit 265 billion […]

Your intelligent environment with Ruahtec!

Your intelligent environment with Ruahtec!

Christian Baldivieso is the Engineering Manager at Roohtec, a company that focuses on forming strategic alliances with world-class brands to introduce them in the country to cover the gap in demand and supply of technological products.

– As an engineer, how can you describe home automation?

I define home automation as the architectural and technical capability to be able to control a variety of peripherals with a single command, voice or controller. – Having given us your definition as an expert, how can you describe it to someone who has no knowledge of this technology? Home automation with all […]

Women Are Mostly Occupying AI-Threatened Jobs, In accordance with the latest findings of Study

Women Are Mostly Occupying AI-Threatened Jobs, In accordance with the latest findings of Study

Synopsis

has announced that it will be slowing down hiring for roles that can be easily replaced by AI in back-office functions like human res. Companies are increasingly turning to generative AI to streamline their workflow and cut costs, which could result in the loss of thousands of jobs. Moving forward, it will be crucial to provide retraining opportunities to help women navigate the evolving job landscape.

Artificial intelligence (AI) is set to disproportionately replace jobs typically held by women, In accordance with the latest findings of a study by human res analytics firm Revelio Labs. The company identified […]

Important Technologies and Their Impact

Important Technologies and Their Impact

In today’s rapidly advancing world, technology plays a crucial role in shaping our lives and society . As emerging technologies continue to evolve, their impact on various aspects of our lives becomes increasingly significant. From transforming industries to revolutionizing communication, emerging tech has the potential to bring about both positive and negative changes. In this article, we will explore some of the most important technologies of our time and delve into their impacts on society, the economy, and individuals. Artificial Intelligence (AI)

Artificial Intelligence, or AI, has emerged as a game-changer in various fields, including healthcare, finance, transportation, and […]

The best careers of the future are yours if you have these degrees

The best careers of the future are yours if you have these degrees

The future is an exciting mystery especially if you have the right degree to land some of the best careers of the future. Source: Timothy A. Clary/AFP You may have come across unsettling narratives about robots taking over significant careers of the future, leaving the rest of us unemployed.

Never before in human history have technology advanced so rapidly to mimic what humans can do and the pressure for companies with fewer people come together.

A Goldman Sachs report in March claims generative AI “could expose the equivalent of 300 million full-time jobs to automation .”In this once-in-generation convergence, it’s understandable […]

“If it’s jobs you want, then you should give these workers spoons, not shovels…”

“If it’s jobs you want, then you should give these workers spoons, not shovels…”

Dr Zara Nanu MBE , one of the world’s leading voices for workplace gender equality, wider fair pay and ESG, looks into fairness in the age of automation: redefining the world of work.

AI is changing the world of work, with traditionally office-based jobs at risk of replacement. So should we give workers typewriters so that employment numbers can stay high, or should we reimagine the future of work?

In 1976, the American economist Milton Friedman received the Nobel Memorial Prize in Economic Sciences. Rumour has it that in a previous decade, Friedman was consulting the government of an Asian nation, […]