Tag: productivity

Does Focusing on Manufacturing Make Sense for the U.S.?

Does Focusing on Manufacturing Make Sense for the U.S.?

(Bloomberg Opinion) — As part of her campaign for the Democratic presidential nomination, Senator Elizabeth Warren has proposed a broad effort to revive and expand American manufacturing. Bloomberg Opinion columnists Karl Smith and Noah Smith met recently online to debate her proposal.Karl Smith: Noah, from what I can tell you’re a fan of Warren’s Economic Patriotism platform and you’ve written yourself in favor of industrial policy. My concerns are essentially two-fold. First, I think that given the U.S.’s strength in what we might call knowledge industries such as tech, biotech, fracking and finance, it’s going to be difficult […]

Industrial Robots Stepping in to Help Economies with Inadequate and Expensive Labor Force

Industrial Robots Stepping in to Help Economies with Inadequate and Expensive Labor Force

Ankush Yadav | The Insight Partners

Industrial robots is a gigantic industry and is radically changing since its introduction in the past decades. Industrial robots are in general referred to as robotic arms, which perform diverse motions such as up and down motion, and pick and place. Moreover, these robots can be controlled to do different functions, such as transportation, searching, assembly, targeting, and inspection. The industrial robots are mainly comprised of six fundamental elements including, end-of-arm tool, dynamic system, actuators, controller, sensor, and feedback devices.

Robotics technology has been applied to a wide variety of sectors with a […]

Artificial Intelligence will trigger social strife over the next decade

A media statement from Techsauce Global Summit, Bangkok, offered an estimate of job displacement following the growing use of Artificial Intelligence (AI).

A comment attributed to Raymond Yip, partner of Zeroth.AI said:

“ AI is technology that helps you complete specific tasks. Machine learning is sometimes used anonymously. Although the ability to have machines with human-like cognition is a long time away, it’s estimated 800 million jobs globally will be automated by 2030.” That represents more than 10% of the current global population, to put it in some context.Assuming a loss of this magnitude, it suggests governments are going to […]

#AI Will Impact Over 10 million Jobs by 2035 – Are You Exempt From The Robot Revolution?

#AI Will Impact Over 10 million Jobs by 2035 - Are You Exempt From The Robot Revolution?

New Research Reveals The Jobs That AI Will Take Over First The robotic revolution is set to cause the biggest transformation in the world’s workforce since the industrial revolution.

In fact, research suggests that over 30% of jobs in Britain are under threat from breakthroughs in artificial intelligence (AI) technology.

With pioneering advances in technology many jobs that weren’t considered ripe for automation suddenly are. RS Components have used PWC and ONS Data to reveal how many jobs per sector are at risk of being taken by robots by 2030, a mere 11 years away. Did you think you were exempt […]

Zinier’s Nelson Huang on How Intelligent Automation is Transforming Field Service Operations Featured

Zinier's Nelson Huang on How Intelligent Automation is Transforming Field Service Operations Featured

Image Credit: Zinier

In conjunction with the ongoing CommunicAsia 2019 taking place this week in Singapore, Tara Neal, the Executive Editor of The Fast Mode spoke to Nelson Haung, VP of Marketing of Zinier, a startup that is bringing automation to field service management, on a number of topics relating to intelligent automation of field service operations, specifically for the telecommunications industry. The following is the interview.

TARA NEAL: Intelligent automation is changing how enterprises are managing their work processes, their assets and their people, propelled by advances in big data and artificial intelligence and the continuous enhancements in digital […]

Eight hours of work a week is best for mental well-being

Eight hours of work a week is best for mental well-being

Just one day of work per week is the most "effective dose" to give the mental health benefits of paid employment, research suggests. One eight-hour day of work a week is the most "effective dose" for our mental health, says a new study.

While we are aware of the negative impacts work can have on a person’s well-being, this research is the first to quantify how much employment is needed to support a person’s well-being.

The research, carried out by the Universities of Cambridge and Salford, found that a single eight-hour work day is the best dose of work to support […]

Just one day of work a week is enough to give a mental health boost, Cambridge University finds

Just one day of work a week is enough to give a mental health boost, Cambridge University finds

The study suggests that to get the mental well-being benefits of paid work, the most ‘effective dose’ is only around one day a week Credit: PA Just one day of work per week is the most "effective dose" to give the mental health benefits of paid employment, research by Cambridge University suggests.

A study indicated that the risk of mental health problems reduces by 30 per cent when people move from unemployment or stay-at-home parenting into paid work of eight hours or less per week.

But researchers at the Universities of Cambridge and Salford found no evidence that working any more […]

Driven by technology

Driven by technology

Santosh Kumar Dash

The accession of Trump to US presidency, the move towards exit of Britain from the European Union and the referendum in Italy have all given nightmares to economists chanting the mantra, “Free trade is good for everybody”. It is ironic that the sellers of free trade and globalisation are now batting for restrictions and protectionism. Beneath this call for mercantilism lies the rise in unemployment and inequality in most advanced countries. The majority of voters in industrialised countries now increasingly believe that job losses have risen as a result of free trade and globalisation. A careful […]

Just one day of work a week is enough to give a mental health boost, Cambridge University finds

Just one day of work a week is enough to give a mental health boost, Cambridge University finds

The study suggests that to get the mental well-being benefits of paid work, the most ‘effective dose’ is only around one day a week – PA Just one day of work per week is the most "effective dose" to give the mental health benefits of paid employment, research by Cambridge University suggests.

A study indicated that the risk of mental health problems reduces by 30 per cent when people move from unemployment or stay-at-home parenting into paid work of eight hours or less per week.

But researchers at the Universities of Cambridge and Salford found no evidence that working any more […]

How likely is an eight-hour working week?

How likely is an eight-hour working week?

AP Researchers may have found that eight hours of employment is the most “effective dose” per week for mental wellbeing – but, with the average closer to 40 hours, could cutting down the working week to one day ever become a reality?

The long-term trends look good for the leisure-seeker – at first glance at least. Since the 19th century, working hours have fallen sharply in industrialised nations, partly prompted by the demands made by organised labour.

In the late 1900s, UK workers put in more than 2,500 hours a year on average compared with 1,680 in 2017. But most of […]