productivity Archives - Page 24 of 358

Elon Musk Predicts Jobs Will Become ‘Kinda Like a Hobby’: ‘The AI and Robots Will Provide Any Goods and Services You Want’

Elon Musk Predicts Jobs Will Become ‘Kinda Like a Hobby’: ‘The AI and Robots Will Provide Any Goods and Services You Want’ 1 Elon Musk predicts a future where AI and robots handle most jobs, leading to a "universal high income" and transforming work into a hobby.

In a bold vision of the future, Elon Musk recently predicted that jobs might become more of a hobby than a necessity as artificial intelligence (AI) and robots take over the provision of goods and services. Speaking at the inaugural AI Safety Summit in the UK, Musk elaborated on how advanced AI could […]

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The Future of Work: A Leisure-Based Model

In an emerging future where automation and artificial intelligence take the helm, the concept of work may undergo a revolutionary change. Visionary entrepreneur Elon Musk foresees a scenario in which engaging in professional activities could be a matter of personal pleasure rather than a necessity.

Musk envisions a long-term future where every service or product humanity requires could potentially be supplied by intelligent machines. The implication of this technological domination is that work, as we currently understand it, could become optional. One might opt to work as one chooses a hobby today, adding a new dimension to personal fulfillment […]

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FANUC to showcase advanced automation solutions at FIA2024

Aerospace Events

Factory automation specialist FANUC UK will showcase a suite of next-generation automation solutions at the Farnborough International Airshow (FIA2024), 22nd-26th July, which is aimed at enabling higher rate aircraft and aerospace manufacturing. Above: Factory automation specialist FANUC UK will showcase a suite of next-generation automation solutions at Farnborough International Airshow to enable higher rate aircraft and aerospace manufacturing.
Courtesy FANUC
Spanning the entire supply chain – including solutions for the burgeoning eVTOL sector – visitors to stand 4900 can witness the future of aerospace manufacturing first-hand. FANUC’s automation demonstrations, in conjunction with their industry leading partners, […]

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Grubbrr CEO: Automation could make restaurants a high-wage, high-productivity business

Restaurant Dive· Industry Dive This story was originally published on Restaurant Dive . To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter .

CHICAGO — Grubbr CEO Sam Zietz believes California’s $20 fast food minimum wage has turned in-store ordering kiosks from “a nice-to-have to a need-to-have overnight.”

Brands like Dave’s Hot Chicken are testing the tech in their California units in response to the law, and others are planning to deploy Grubbrr’s kiosks at scale, Zietz said. He claims the company’s kiosks and digital menu boards are used by thousands of unique brands.Zietz, who spoke […]

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Grubbrr CEO: Automation could make restaurants a high-wage, high-productivity business

Don Wu via Getty Images CHICAGO — Grubbr CEO Sam Zietz believes California’s $20 fast food minimum wage has turned in-store ordering kiosks from “a nice-to-have to a need-to-have overnight.”

Brands like Dave’s Hot Chicken are testing the tech in their California units in response to the law, and others are planning to deploy Grubbrr’s kiosks at scale, Zietz said. He claims the company’s kiosks and digital menu boards are used by thousands of unique brands.

Zietz, who spoke with Restaurant Dive at the National Restaurant Association Show, says the technology primarily enables labor reallocation. content image Access now➔ The […]

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Don’t Believe the AI Hype

If you listen to tech industry leaders, business-sector forecasters, and much of the media, you may believe that recent advances in generative AI will soon bring extraordinary productivity benefits, revolutionizing life as we know it. Yet neither economic theory nor the data support such exuberant forecasts.

BOSTON – According to tech leaders and many pundits and academics, artificial intelligence is poised to transform the world as we know it through unprecedented productivity gains. While some believe that machines soon will do everything humans can do, ushering in a new age of boundless prosperity, other predictions are at least more grounded. […]

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NVIDIA, Teradyne and Siemens Gather in the ‘City of Robotics’ to Discuss Autonomous Machines and AI

Source: Story from Gerard Andrews, NVIDIA Senior executives from NVIDIA, Siemens and Teradyne Robotics gathered this week in Odense, Denmark, to mark the launch of Teradyne’s new headquarters and discuss the massive advances coming to the robotics industry .

One of Denmark’s oldest cities and known as the city of robotics, Odense is home to over 160 robotics companies with 3,700 employees and contributes profoundly to the industry’s progress.

Teradyne Robotics’ new hub there, which includes cobot company Universal Robots (UR) and autonomous mobile robot (AMR) company MiR, is set to help employees maximize collaborative efforts, foster innovation and provide an […]

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Educational Seminar on AI Highlights Future Career Prospects for Students

A significant educational seminar titled “Artificial Intelligence: Serving Human Thought” took place on Friday, May 17, 2024, at 11:00 a.m. The event was hosted at the Conference Center of the Sacred Metropolis in Melissatika, under the auspices of the Secondary Education Directorate of Magnesia in collaboration with Education Consultants in Natural Sciences Konstantinos Panagiotou and Evangelos Diakoumis, and the University of Thessaly.

18 students from the 1st Gymnasium attended the seminar, mostly from the school’s robotics team, the 1st Gym Robotics Team. Faculty members including Deputy Directors Euthalia Sakkelariadou and Athina Panigyritziglou were also present. Their participation aimed to […]

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Singh emphasizes human centric approach

Employment Minister Agni Deo Singh stresses the importance of maintaining the human element in the rapidly evolving landscape of automation and Artificial Intelligence (AI).

While opening the 2024 Fiji Human Resources Institute Convention in Nadi, Singh highlights the dual forces of digitalization and sustainability that are reshaping economies and the job market.

He states that while automation and AI offer tremendous opportunities for efficiency and productivity, the Human Resources department must not lose sight of the human element.Singh emphasizes that as digital tools and platforms increasingly enable employees to perform tasks more efficiently, it is essential to leverage these advancements to […]

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The Resilience of Human Jobs in an AI Dominated Future

Experts Address the Complexity of AI’s Impact on Employment

Despite the rapid advancement of Artificial Intelligence (AI), economists like Dr. Luo Jiacong assert that AI cannot fully replace human capabilities. Certain tasks still require the human touch. This becomes especially evident when reflecting upon the progress AI has made since its inception in the 1950s. Although originally confined to manufacturing processes, AI has now permeated many service industry roles that were traditionally human-to-human interactions.

In countries with advanced economies, a significant portion of the workforce is employed in the service sector; for instance, Hong Kong’s service industry accounts for over […]

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