Tag: productivity

Digital skills needed in high-tech factories

Digital skills needed in high-tech factories

Infineon employees inputting jobs on an automated guided vehicle. The introduction of new workflow, technology and robotics requires new skill sets in troubleshooting and operating a variety of man-machine interfaces, said senior director of communications David Ong. Mr James Khoo has had his work cut out for him lately.

The hiring executive at Ultra Clean Asia Pacific is rushing to fill about 30 positions, mostly related to assembling machine parts or troubleshooting systems.

"Currently, we’re expanding. We have a lot of prospects coming up, and we need people who are qualified to take up the roles, especially technicians," said Mr Khoo.DISCOVER […]

Legal Technology and Smart Contracts: Contract as Automaton (Part V)

Legal Technology and Smart Contracts: Contract as Automaton (Part V)

In our final installment of a five-part series, we close by interviewing Mark Oblad , around contract on automaton plus a look to the future. Blockchain and cryptocurrency law are opportunities for attorneys, not threats. Lawyers must embrace technology, although not all need to become as expert as Mark or other programmers in order to leverage technology. Shutterstock Mary: What is the tie between contract and automation?

Mark: By extension, smart contract events should easily connect to the broader world of automation (think internet of things), though perhaps after carefully considering possible outcomes and selectively determining where it is […]

Pensions – Articles – SPA debate may be irrelevant if AI predictions play out

Ahead of the conference Better Futures, which will debate challenges presented by an ageing society, the rise of AI and a lack of savings, Hymans Robertson has looked at the implications for the State pension if predictions about the impact AI will have on jobs and UK GDP play out. Many argue that Artificial Intelligence (AI) is set to change society and the economic landscape beyond recognition. Commenting, Calum Cooper, Partner at Hymans Robertson, said: “There are many predictions about the impact the rise of Artificial Intelligence will have in the future. While we can’t be certain about […]

As Amazon pushes forward with robots, workers find new roles

As Amazon pushes forward with robots, workers find new roles

Nissa Scott started working at the cavernous Amazon warehouse in southern New Jersey late last year, stacking plastic bins the size of small ottomans. It was not, she says, the most stimulating activity. And lifting the bins, which often weigh 25 pounds each, was also tiring over 10-hour shifts.

Now Scott, 21, watches her replacement — a giant, bright yellow mechanical arm — do the stacking.

Her new job at Amazon is to baby-sit several robots at a time, troubleshooting them when necessary and making sure they have bins to load.On a recent afternoon, a claw at end of the arm […]

Vanguard’s Chief Economist – Automation is Not Killing Jobs September 11, 2017

by Robert Huebscher Rapid technological advances are transforming the global workplace. But fears that automation will permanently destroy American jobs are misplaced, according to Joe Davis. Instead, the jobs that require “uniquely human†skills will proliferate, Davis said.

Davis was the keynote speaker at the Morningstar ETF conference in Chicago on September 6. He is a principal and Vanguard’s global chief economist. He is also head of Vanguard Investment Strategy Group, whose research team is responsible for helping to oversee the firm’s investment methodologies and asset allocation strategies for both institutional and individual investors. In addition, he is a member […]

Will technology harm our quality of life?

Will technology harm our quality of life?

Future Business The digital age offers unprecedented opportunities. Riding the tides of technology, firms are able to rise higher, faster, than ever before. As markets warp around them, businesses are themselves transforming in an effort to ride the waves, rather than be sunk by them. New ways of working, new organisational structures and shifts in strategy are therefore happening at an ever faster pace.

We are, says World Economic Forum founder Klaus Schwab, living through the ‘fourth industrial revolution’, the era of automation and digitisation. If that sounds rather momentous, it’s because it is. But momentous change doesn’t always have […]

Who wields AI, and how

Who wields AI, and how

Devoid of an urgent push by the government to frame policy on AI, Indian labour will face a deep crisis.

Automation, a product of recent advances in Artificial Intelligence (AI), has been recognised as a harbinger of a different era of socio-economic relations. Studies by Deloitte in UK and McKinsey in the US are estimating that currently demonstrated technologies will kill from a third to a half of all jobs within a decade. In this scenario, what should be India’s national policy towards AI?

Devoid of an urgent push by the government to frame policy on AI, Indian […]

As Amazon pushed forward with robots, workers find new roles

As Amazon pushed forward with robots, workers find new roles

FLORENCE: Nissa Scott started working at the cavernous Amazon warehouse in southern New Jersey late last year, stacking plastic bins the size of small ottomans. It was not, she says, the most stimulating activity. And lifting the bins, which often weigh 25 pounds each, was also tiring over 10-hour shifts.

Now Scott, 21, watches her replacement — a giant, bright yellow mechanical arm — do the stacking.

Her new job at Amazon is to baby-sit several robots at a time, troubleshooting them when necessary and making sure they have bins to load. On a recent afternoon, a claw at end of […]

As Amazon Pushes Forward With Robots, Workers Find New Roles

As Amazon Pushes Forward With Robots, Workers Find New Roles

FLORENCE, N.J. — Nissa Scott started working at the cavernous Amazon warehouse in southern New Jersey late last year, stacking plastic bins the size of small ottomans. It was not, she says, the most stimulating activity. And lifting the bins, which often weigh 25 pounds each, was also tiring over 10-hour shifts.

Now Ms. Scott, 21, watches her replacement — a giant, bright yellow mechanical arm — do the stacking.

Her new job at Amazon is to babysit several robots at a time, troubleshooting them when necessary and making sure they have bins to load. On a recent afternoon, a claw […]

Automation Armageddon – Fact or Fiction?

Automation Armageddon – Fact or Fiction?

Automation is transforming our economy. Job losses over the coming decades may be as high as 47 percent, some analysts predict. But how accurate are these warnings? Is your job at risk? Take a deep breath

The reality is far more nuanced than many analysts let on. In fact, dire warnings about machine learning and augmented intelligence can be misleading. Context is key. So let’s take a step back and look at how many jobs (and what kinds) will be impacted by automation. First, some automation data

Automation will displace almost 22.7 million jobs by 2025, according […]