Addressing Labor Shortages with Automation

Addressing Labor Shortages with Automation

robotic arm holding a cup of coffee with coffee foam art U..S. employment statistics hit a new milestone last year, but not a positive one. In August 2021, almost 4.3 million workers quit their jobs, according to the U.S. Department of Labor. That’s the highest number since the department began tracking voluntary resignations. Their reasons for leaving their jobs vary—the numbers track people who quit for a different position, as well as those who quit without having another job lined up.

While the reasons for quitting vary, one thing is clear: Businesses are having a tough time getting employees to […]

The Problem with Blaming Robots For Taking Our Jobs

The Problem with Blaming Robots For Taking Our Jobs

In the late nineteen-forties, Delmar Harder, a vice-president at Ford, popularized the term “automation”—a “nickname,” he said, for the increased mechanization at the company’s Detroit factory. Harder was mostly talking about the automatic transfer of car parts between machines, but the concept soon grew legs—and sometimes a robotic arm—to encompass a range of practices and possibilities.

From the immediate postwar years to the late nineteen-sixties, America underwent what we might call an automation boom, not only in the automotive sector but in most heavy-manufacturing industries. As new technology made factory work more efficient, it also rendered factory workers redundant, often […]

The Problem with Blaming Robots For Taking Our Jobs

The Problem with Blaming Robots For Taking Our Jobs

In the late nineteen-forties, Delmar Harder, a vice-president at Ford, popularized the term “automation”—a “nickname,” he said, for the increased mechanization at the company’s Detroit factory. Harder was mostly talking about the automatic transfer of car parts between machines, but the concept soon grew legs—and sometimes a robotic arm—to encompass a range of practices and possibilities.

From the immediate postwar years to the late nineteen-sixties, America underwent what we might call an automation boom, not only in the automotive sector but in most heavy-manufacturing industries. As new technology made factory work more efficient, it also rendered factory workers redundant, often […]

Employment And Industrial Policy

Employment And Industrial Policy

Neeta Misra leads Policy Matters; a global initiative focused on economic recovery from COVID-19, centering on the economy, people, and vulnerable communities. In this edition, she speaks with Jayan Jose Thomas, Professor of Economics at the Indian Institute of Technology (IIT) Delhi.

1652116762_6mvG5B_Jayan_Jose_Thomas.jpg Tell us a little bit about yourself?
I am a Professor of Economics at the Indian Institute of Technology Delhi , since July 2010. My research deals with various issues related to development, mainly labour, industrialization, and the macroeconomy and I am a former member of the Kerala State Planning Board.
What is the nature […]

Salesforce Expands Flow Automation Suite, Now Delivers More Than 1 Trillion Monthly Automations And $2 Trillion In Customer Business Value

Salesforce Expands Flow Automation Suite, Now Delivers More Than 1 Trillion Monthly Automations And $2 Trillion In Customer Business Value

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Flow enables companies to build workflows on the Salesforce Platform that automate across Slack, MuleSoft, and Tableau, connecting systems and business processes on one CRM platform Customers like Vonage, RBC Wealth Management, and ENGIE are automating mundane and repetitive processes, freeing up time to create technology that differentiates their business DUBAI, United Arab Emirates: TrailblazerDX, Salesforce [NYSE: CRM], the global leader in CRM, announced new innovations in Salesforce Flow, the complete suite of automation technologies, to help customers quickly automate any complex business process on the Salesforce Customer 360 […]

How Does the “Goods-To-Person” Method Improve Warehouse Efficiency?

How Does the

Source: IDTechEx

The goods-to-person is an order preparation and picking method in which products are delivered directly to the picker by means of automated systems. With the rapid growth of e-commerce and recent e-grocery, fast order preparation is becoming necessary and a core competency for many companies. Traditionally, the goods-to-person method is enabled by large and complex AS/RS systems where shuttle carts, roller conveyors, and stack cranes are used for transporting items. Recently, implementing mobile robots in warehouses for automation has been increasingly popular, and the market of logistic mobile robotics attracts millions or even billions of dollars of […]

Why wages can rise without sparking inflation

Why wages can rise without sparking inflation

There’s no doubt that US prices are rising and that the jobs market is tight.

Those are the two elements for a wage-price spiral; an environment where high prices lead to higher wages in a never-ending cycle that can only be broken by higher interest rates and a growth slowdown, if not a recession.

Yet Blackrock doesn’t think that is going to happen in this cycle because of high automation already in system and improving productivity. For instance, a steel mill that once faced rising wages would see margins impacted significantly. Now that industry is so automated that even a doubling […]

Global Smart Factory Market to Reach $214.2 Billion by 2026

Global Smart Factory Market to Reach $214.2 Billion by 2026

ReportLinker Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies – Strong/Active/Niche/Trivial.

New York, May 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Global Smart Factory Industry" – https://www.reportlinker.com/p03846712/?utm_source=GNW
-Online interactive peer-to-peer collaborative bespoke updates
-Access to our digital archives and MarketGlass Research Platform -Complimentary updates for one year Global Smart Factory Market to Reach $214.2 Billion by 2026 `Smart Factory` or `Smart Manufacturing` or the `Factory of the Future` is a concept that envisages creation of intelligent factories, where the traditional disparate […]

Automated Ports See West Coast Dockworkers Clock More Hours

Automated Ports See West Coast Dockworkers Clock More Hours

Port of Long Beach (Bloomberg)—Employers at West Coast ports at the center of the U.S. supply-chain crisis released a study extolling the benefits of automation a week before the start of labor talks where the issue is set to feature.

Paid hours at the two automated terminals in the San Pedro Bay complex — which includes the ports of Los Angeles and Long Beach — have increased 31.5% since 2015. That’s more than twice the rate at the 11 non-automated terminals, according to the study led by University of California at Berkeley professor Michael Nacht published Monday.

Since 2019, automated terminals […]

The robots aren’t coming for your jobs — at least according to these AI and robotics leaders

Amazon Robotics robots, evolved from the acquisition of Kiva Systems, move shelving units at the company’s robotics sortation center outside Pittsburgh. (GeekWire Photo / Todd Bishop) PITTSBURGH — There are no shortage of headlines about automation, artificial intelligence and robotics wiping out large swaths of employment, from truck drivers to painters to food service workers.

But opinions are mixed on the robotics revolution and its potential impact on society.

Globally, 48% of respondents to a Pew Research Center survey said automating jobs historically performed by humans is a good thing, while 42% said it was a bad thing. In the U.S., […]