Tag: productivity

Embracing the Future: How Automation Transforms British Manufacturing

Embracing the Future: How Automation Transforms British Manufacturing

In the dynamic landscape of the British manufacturing industry, automation is heralding a new era of production efficiency and precision. The clatter of manual labour is giving way to the seamless coordination of robots, artificial intelligence, and state-of-the-art machinery. This blog delves into the profound impact of automation, illuminating its myriad benefits, challenges, and promising future for the UK’s manufacturing sector.

Automation: A Paradigm Shift in Manufacturing:

Automation has ushered in an era of unparalleled efficiency and productivity within manufacturing. Machines tirelessly work around the clock, free from fatigue or the need for rest. This not only reduces lead […]

On Location at Automation Anywhere: Neeti Mehta Shukla on Empowering Nonprofits Through Technology

On Location at Automation Anywhere: Neeti Mehta Shukla on Empowering Nonprofits Through Technology

I was on location at Automation Anywhere Imagine in Austin, Texas, on Tuesday. In this video, I speak with Neeti Mehta Shukla, chief social impact officer and co-founder of Automation Anywhere . We discuss how Automation Anywhere’s social impact office leverages technology, including generative artificial intelligence (generative AI ), to transform nonprofits and bridge gaps in societal equality.

Automation Anywhere is on the Acceleration Economy Top 10 Shortlist of AI/Hyperautomation Enablers . Highlights

00:51 — At Automation Anywhere, there’s a give-back culture. As its technology and platform grew, it saw how customers benefit: increased productivity , increased ROI, reduced […]

AI will not wipe out half of jobs after all, say academics who predicted this

AI will not wipe out half of jobs after all, say academics who predicted this

Oxford professors who published a seminal 2013 paper warning of widespread occupational displacement now say the impacts will instead be strike action and wage depression Sarote pruksachat/rambo182 Getty The limits of generative AI mean the technology is not likely to displace jobs in a widespread manner, according to research from two Oxford University artificial intelligence and automation experts, revising predictions made by the pair 10 years ago.

The paper, Generative AI and the future of work: a reappraisal , said AI would instead likely impact wage differentials, productivity and strike action.

The research was conducted by University of Oxford professors Carl […]

AI having ‘positive impact’ on UK jobs but could increase regional inequalities, says report

AI having ‘positive impact’ on UK jobs but could increase regional inequalities, says report

More than 75% of companies surveyed said that adopting AI and robotics had resulted in the creation of new jobs. Study finds new technologies have created and upskilled jobs but disparities in education and investment may affect pace of change The adoption of artificial intelligence (AI), robotics and automated equipment has an overall positive impact on jobs, new research has found, with more than three-quarters of firms reporting that use of the technology had created new roles within the company and the majority reporting that job quality had improved.

More than 1,000 UK firms were asked about their adoption of […]

Carl Benedikt Frey and Michael Osborne on how AI benefits lower-skilled workers

Carl Benedikt Frey and Michael Osborne on how AI benefits lower-skilled workers

Machines make producing average content easier, conclude the two academics

image: Dan Williams TEN YEARS ago we published a paper, “The Future of Employment”, highlighting how artificial intelligence (AI) was broadening the scope of what computers could do, and so broadening the possibilities for automation. The prevailing narrative at the time was that the era of the “average” worker was ending, with machines progressively replacing routine and administrative jobs. Highly skilled professionals were the ones reaping the benefits, as computers made them more productive and enabled them to sell their services locally and around the world. A decade on, […]

Home workers will be first to lose jobs to AI, Oxford study warns

Home workers will be first to lose jobs to AI, Oxford study warns

People who work from home are most at risk of losing their jobs to artificial intelligence (AI), Oxford academics have warned.

Professors Carl-Benedikt Frey and Michael Osborne, both of Oxford University, warned in a draft paper that “remote” tasks that could be done outside of the office were the easiest to automate.

Prof Frey said: “It now looks like AI may be able to replace human labour in many virtual settings , meaning that if a task can be done remotely, it can also be potentially automated.”Office-based workers are harder to replace because AI struggles to replicate the value of a […]

Robots and Humans: Combined Potential to Change the Face of Industrial Automation

Robots and Humans: Combined Potential to Change the Face of Industrial Automation

Robots and Humans: Combined Potential to Change the Face of Industrial Automation 1 The ever-evolving landscape of industrial automation is seeing a revolutionary partnership emerge—one that transcends the boundaries between man and machine. The fusion of robotics and human ingenuity is rewriting the narrative of productivity, efficiency, and innovation across industries.

As technology continues its relentless march forward, the combined potential of robots and humans is poised to reshape the very foundation of industrial automation, ushering in an era where the collaborative efforts of these two distinct entities hold the key to unlocking unprecedented possibilities.

From factory floors to research laboratories, […]

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 […]

Navigating the legal implications of digital transformation in the workplace

Navigating the legal implications of digital transformation in the workplace

Wang Yukun/Getty In today’s rapidly evolving digital landscape, organisations are harnessing digital transformation to enhance productivity, improve efficiency and drive innovation. However, amid this technological revolution, HR managers must be well versed in the legal implications that accompany these advancements. Understanding the legal considerations and adopting proactive measures can ensure a smooth transition while safeguarding employee rights and compliance with UK employment laws. Remote work policies and compliance

With the increasing prevalence of remote work, businesses must establish comprehensive policies that address the intricacies of this evolving work arrangement. These policies should outline expectations regarding work hours, rest breaks […]

U.S. Immigration Policy Lags behind a Globalizing World

U.S. Immigration Policy Lags behind a Globalizing World

Economic globalization has made little impact on U.S. immigration policy in recent decades. The United States has not expanded its low green card caps since 1990, and now it ranks in the bottom third of wealthy countries for its foreign‐​born share of the population.

Blaming immigrant labor force growth for sluggish wage growth is misplaced when—despite immigration—total labor force growth has continuously declined for decades.

Globalization and automation are not removing the need for immigrant workers to fill niches created by declining U.S. labor force growth. Instead, immigrants are playing pivotal roles in making trade and technological […]