Tag: productivity

Schaeffler’s Digitalization Strategy To Boost OEMs’ Productivity

Schaeffler's Digitalization Strategy To Boost OEMs’ Productivity

The fusion of automotive engineering and digital technology has been ushering in a new paradigm of not only in mobility but also in the way the vehicles and their parts are produced. Besides, driven by end customers, the vehicle makers are offering several features, which calls for shorter lead times and more variants. Therefore, the automotive suppliers are swiftly switching to digitalisation as agility and being dynamic are key for success. “The core technology that we have in our factories, combined with new technologies like digitalization, will enhance our production system to react faster, to communicate faster, and to […]

How AI Is Changing Web Design And Important Trends To Keep An Eye On

How AI Is Changing Web Design And Important Trends To Keep An Eye On

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Artificial Intelligence is a broad field of computer science focused on creating systems capable of performing tasks that typically require human intelligence. These tasks include reasoning, learning, problem-solving, perception, and language understanding. AI encompasses various subfields, such as machine learning, which allows systems to learn from data, and deep learning, which uses neural networks to mimic the human brain’s structure. AI applications range from digital assistants and self-driving cars to advanced data analysis and generative models like ChatGPT. While AI has made […]

Tesla May Replace Employees with Optimus Humanoid Robots

Tesla May Replace Employees with Optimus Humanoid Robots

Elon Musk’s Tesla is on a mission to revolutionize transportation with electric vehicles. But the company’s ambitions stretch far beyond the road. Tesla’s Optimus, a humanoid robot unveiled at the company’s AI Day in 2021, has ignited a fervent debate about the future of work. The prospect of robots replacing humans in various industries is no longer a distant sci-fi fantasy but a looming reality. You might also like

Ola Electric IPO: Anchor Book Opens August 1, Public Offering Begins August 2

Optimus: A Humanoid Workforce Designed to handle tasks that are “dangerous, repetitive, or boring,” Optimus […]

The End of the Line: 17 Jobs That’ll Soon Be Lost to Automation

The End of the Line: 17 Jobs That'll Soon Be Lost to Automation

Left: nicoletaionescu/istockphoto, Right: Fuse/Getty Images Cheapism is editorially independent . We may earn a commission if you buy through links on our site. Bot Takeover

As automation and artificial intelligence (AI) take over, more and more traditional roles are becoming obsolete. With the ability to handle complex tasks, process orders, and even crack a joke or two, these bots are revolutionizing the way we live and work. These advances also allow machines to perform tasks with higher efficiency and accuracy than humans. The shift is not just limited to manufacturing; it spans various sectors, including logistics, customer service, and […]

The Jobs Created by Artificial Intelligence and the Future of AI

Artificial Intelligence (AI) has significantly transformed industries, creating a variety of new job opportunities. From enhancing productivity to revolutionizing services, AI’s impact on the job market is profound and multifaceted. This article explores the jobs created by AI and envisions the future of AI. Jobs Created by Artificial Intelligence

1. AI and Machine Learning Engineers

AI and Machine Learning (ML) engineers design and develop algorithms that allow machines to learn and make decisions. These professionals work on various applications, from recommendation systems to autonomous vehicles, ensuring AI systems function efficiently and effectively. 2. Data Scientists and Analysts […]

Humanoid robots in the workplace

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The introduction of Tesla’s humanoid robots to perform ‘low-level’ tasks in their factories marks a significant step in the ongoing evolution of automation and artificial intelligence in the workplace.

This move, while a testament to technological advancement, carries profound social implications that extend beyond the factory floor, influencing the future of work, employment patterns, and societal structures.At the core of this development is the potential for increased efficiency and productivity within the manufacturing sector. Humanoid robots, designed to mimic human actions and interactions, can perform repetitive and physically demanding tasks with precision and consistency. This shift can lead […]

Automation and the implications for job market

Automation and the implications for job market

1. "The Rise of Automation: How Technology is Transforming the Job Market"

The Rise of Automation: How Technology is Transforming the Job Market

Automation, powered by advancements in artificial intelligence and robotics, is reshaping the job market at an unprecedented pace. According to a report by the McKinsey Global Institute, by 2030, up to 800 million jobs could be displaced globally due to automation. This transformation is not limited to low-skilled tasks; even roles requiring higher education and specialized skills are at risk. For instance, a study by the Brookings Institution found that nearly 25% of U.S. jobs are highly […]

Next-Generation Laundry Employee Evolution (Conclusion)

Next-Generation Laundry Employee Evolution (Conclusion)

CHICAGO — Laundry technology constantly evolves, from the hardware to the software and beyond. Next-Generation Laundry Employee Evolution It used to be productivity was measured on a clipboard. Today, washers and dryers communicate via Wi-Fi, and adjustments can be made on a touch screen or even remotely.

And who would have thought the term artificial intelligence (AI) would become part of the industrial laundry lexicon?

This constantly changing technology means changes to the jobs available for laundry employees and the skills required in the future.“We may see robotics taking a role in areas like sorting soil and folding with managers/supervisors relying […]

Best practices for human-machine collaboration with Amir Ben-Assa, VP Marketing & Product Strategy, Plataine

Best practices for human-machine collaboration with Amir Ben-Assa, VP Marketing & Product Strategy, Plataine

Artificial intelligence and machine learning are incomparable in their ability to extract insights from immense datasets. But, in most cases, humans remain far better at understanding the context of those insights and the subtle variation of their meaning. The field of smart software, smart machines and cobots (collaborative robots) demonstrated dramatic technology advancements in recent years, so dramatic that the manufacturing sector cannot ignore.

Artificial Intelligence (AI) is not just a technological trend, but a real paradigm shift in the way companies operate and grow. However, despite the impressive achievements of AI in the fields of speech recognition and […]

Market Report: Autonomous Mining

Market Report: Autonomous Mining

Automation is a key trend within the mining industry in the 21 st century, offering safety, efficiency, productivity, and financial health benefits to mines. This article will examine the autonomous mining market, looking at key trends, factors, technologies, challenges, and players. Introduction to the Autonomous Mining Equipment Market

The mining sector is undergoing a technological revolution, embracing Industry 4.0 technologies. The industry’s goal is to move from the traditional, labor-intensive mine that has been the norm for millennia to a more automated, integrated mine ecosystem.

There are two forms of automation taking hold in the mining industry: process/software automation (IT […]