FOCUS: Japan labor market set for change as huge worker shortage looms

FOCUS: Japan labor market set for change as huge worker shortage looms

Japan’s labor market may be at an inflection point as the nation braces for a shortfall of millions of workers, the rise of generative AI and risks to economic security.

The spotlight is increasingly on the sustainability of wage growth, which has been accelerating at the fastest pace in three decades. Prime Minister Fumio Kishida now wants to see pay hikes that will be "several percentage points higher" than the country’s inflation rate.

Japan’s widespread seniority-based employment system, low labor productivity, and workers’ reluctance to hop from one job to another have been among the factors behind its tepid wage growth […]

Exposure to automation explains religious declines

Exposure to automation explains religious declines

Significance

The rise of working robots and artificial intelligence (AI) is changing how humans work and live. Many studies have now examined the economic impact of automation on unemployment, income inequality, and trade. However, far less research has considered the broader cultural implications of robotics and AI. Here, we show that exposure to robots and AI explains religious declines across national cultures, regions within a nation, members of a community, and employees in an organization. These effects hold controlling for wealth, SES, exposure to science, political conservatism, and other technological advances. Our findings suggest that the rise of automation […]

Are robots the answer to our health crisis?

Are robots the answer to our health crisis?

Japan in particular is increasing investment in automated solutions in its healthcare sector. Credit: CHIEW via Shutterstock. Ageing populations, rising obesity levels, and low staff retention have created a global healthcare crisis. In the UK, the National Health Service, already weakened by a tumultuous Brexit, has seen tens of thousands of its staff go on strike in 2023 to protest poor working conditions and low pay.

In the US, where over 40% of the population is considered obese, the number of preventable diseases is on the rise. Meanwhile, in the East, the healthcare systems in Japan and South Korea are […]

AI, automation couild kill your job sooner than thought. How COVID sped things up.

Automation was already expected to wipe out millions of jobs. The pandemic has accelerated their demise.

Nearly 9 million workers switched occupations during the health crisis – from 2019 to 2022 – 50% more than in the prior three years, according to a new study by McKinsey Global Institute.

Most left low-wage jobs in food services, customer service, office support and production. Meanwhile, high-wage positions grew in fields such as science, technology, health care, business, legal and management, the report says.By 2030, another 12 million workers are likely to change jobs as low-wage positions continue to dwindle and higher-paying professional roles […]

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 […]

Title: Embracing the Power of Technology: A Journey into the Digital Age

Title: Embracing the Power of Technology: A Journey into the Digital Age

Title: Embracing the Power of Technology: A Journey into the Digital Age

Introduction:
In today’s fast-paced world, technology has become an inseparable part of our lives. From the moment we wake up to the time we go to bed, technology surrounds us, transforming the way we live, work, and communicate. In this blog, we will explore the incredible advancements in technology, specifically artificial intelligence, and its impact on various industries and our society as a whole.
Revolutionizing Industries: Artificial intelligence has revolutionized numerous industries, making them more efficient and effective. In healthcare, AI-powered systems can analyze vast amounts of medical data […]

75 Artificial Intelligence Adoption Statistics [Updated for 2023]

75 Artificial Intelligence Adoption Statistics [Updated for 2023]

Artificial Intelligence, AI, is a study in computer science involved in creating machines that can match humans in specific tasks. These machines perform like humans. Robots, automated vehicles, and virtual and digital assistants are examples of machines that behave like humans. They can be utilized to yield great success in Manufacturing Industries, healthcare, education, and every other Industry.

While statistics in Artificial Intelligence are occasionally altering, here are the most important ones to know in 2023. Interesting AI Adoption Statistics for 2023

The current Artificial Intelligence (AI) facts are as follows: The global Artificial Intelligence market in 2022 was $136.6 […]

Shaping innovation: Comau launches sustainable advanced automation solutions at Automatica 2023

Shaping innovation: Comau launches sustainable advanced automation solutions at Automatica 2023

From June 27 to June 30 in Munich, Germany, Comau will unveil its advanced solutions to increase the efficiency of solar panel installation, a new wearable exoskeleton capable of assisting the lower body during bending, lifting and repetitive tasks, and a mobile robotics solution for unstructured environments to achieve both higher productivity and quality — all of which are making a worldwide debut at Automatica 2023 (Booth B4 — 109). Comau’s unique approach is making advanced automation increasingly simple, intuitive and accessible.

Automatica is the perfect place to launch Comau’s new wearable exoskeleton, developed with IUVO and in collaboration with […]

The jobs most and least at risk of being replaced by AI

The jobs most and least at risk of being replaced by AI

Generative AI tools like OpenAI’s ChatGPT have captured the world’s imagination Getty Images/NurPhoto AI job fears: how can we regulate the ‘rise of the robots’?

Pros and cons of artificial intelligence

Rishi Sunak has put AI at the top of his agenda when he meets with President Biden later this week.At his first White House talks with the US President , “he is expected to plug London as the venue for a new international body to regulate AI”, reported The Daily Telegraph .Ahead of the trip, the PM’s spokesperson said: “Obviously we are not complacent about the […]

Navigating AI Job Losses: Balancing Progress and Social Responsibility

In an era of rapid technological advancement, I find myself increasingly concerned about the potential loss of jobs due to automation and artificial intelligence (AI). If we reflect on the ethical considerations surrounding this issue, we are reminded of the personal implications it holds for individuals. Let’s delve into the ethical implications of "job losses" resulting from automation with empathy and a personal touch.

At the heart of this issue lies the worry of job displacement. As automation driven by AI continues to advance, I cannot help but wonder how it will impact my own job and those of individuals […]