Tag: productivity

Navigating the AI Revolution: Tina Huang’s Insights on Job Displacement and Adaptation

Navigating the AI Revolution: Tina Huang’s Insights on Job Displacement and Adaptation

Written by Staff

In a frightening talk on the implications of artificial intelligence (AI) for the workforce, Tina Huang, a Data Scientist and popular YouTuber, focused a recent video on the evolving relationship between automation and employment. Drawing from her extensive expertise in the field, Huang embarked on a comprehensive analysis, dissecting the nuances of AI-driven disruption and illuminating pathways for adaptation in an era of technological upheaval.

Addressing her audience captivated by the promise and peril of AI, Huang began by contextualizing the prevailing anxieties surrounding job displacement in the face of automation. “The specter of AI-induced job loss […]

Outsourcing founder explains why a Manhattan restaurant uses a staffing firm in the Philippines that pays cashiers a few dollars an hour: ‘The cost is admittedly cheaper than the U.S.’

Outsourcing founder explains why a Manhattan restaurant uses a staffing firm in the Philippines that pays cashiers a few dollars an hour: ‘The cost is admittedly cheaper than the U.S.’

Fast-food chains have increasingly relied on automation to save on labor costs. Trying hard to stay afloat in a restaurant industry spending 36% of its cash on labor and with minimum wage creeping to $16, a cadre of local New York City chains have found a shrewd way to save: enlisting the help of cashiers video calling in from the Philippines and paying them way less.

At Sansan Chicken , a fried-chicken joint in the East Village and Long Island City, cashiers on a large screen greet customers and answer questions they may have about the menu or their self-service […]

Amazon Grows To Over 750,000 Robots As World’s Second-Largest Private Employer Replaces Over 100,000 Humans

Amazon Grows To Over 750,000 Robots As World's Second-Largest Private Employer Replaces Over 100,000 Humans

Amazon.com Inc. is rapidly advancing its use of robotics, deploying over 750,000 robots to work alongside its employees.

The world’s second-largest private employer employs 1.5 million people. While that’s a lot, it’s a decrease of over 100,000 employees from the 1.6 million workers it had in 2021. Meanwhile, the company had 520,000 robots in 2022 and 200,000 robots in 2019. While Amazon is bringing on hundreds of thousands of robots per year, the company is slowly decreasing its employee numbers.

The robots, including new models like Sequoia and Digit, are designed to perform repetitive tasks, thereby improving efficiency, safety and delivery […]

Amazon Accelerates Automation: Implications and Strategies

Amazon Accelerates Automation: Implications and Strategies

New Project 2024 04 11t210900.364 Rapid Robotics Deployment: Amazon.com Inc. is significantly expanding its use of robotics, deploying more than 750,000 robots to complement its workforce. This marks a notable increase from 520,000 robots in 2022 and 200,000 in 2019. While the company remains the world’s second-largest private employer with 1.5 million employees, there has been a decrease from 1.6 million in 2021. Enhanced Efficiency and Safety: New robot models like Sequoia and Digit are designed to perform repetitive tasks, enhancing efficiency, safety, and delivery speed for Amazon’s customers. Sequoia improves inventory management and order processing in fulfillment centers, […]

Engineering Innovation By Focusing On People

Engineering Innovation By Focusing On People

[Innovation can engender negative connotations for many people, emanating from their fear of change and its unknown implications or consequences to the nature of work and the potential elimination of jobs. In our new business operating environment of accelerating change, ongoing education and case studies are critically needed to demonstrate to business leaders and employees how changing conventional ways of doing things can lead to better, safer, more rewarding workplaces and enhanced careers and industry leadership. The ability of innovation and technology to enrich industries and communities is only beginning. It is still underserved and “a wide-open space” for […]

AI’s role key, but firms need more time

AI's role key, but firms need more time

While C-suite executives across the world agree that artificial intelligence is key to increased productivity, most workforces are not yet ready to embrace the transformation, a report by international human resources service provider Mercer showed.

In a poll covering over 12,200 company executives and industry insiders across 17 geographies and 16 industries, 40 percent of the executives said AI is expected to increase workforce productivity by 30 percent, according to Mercer’s 2024 Global Talent Trends Study unveiled to Chinese audiences on Monday.

Under closer scrutiny, the 30 percent increase either stands for replacing 30 percent of the company’s human staff, or […]

Three major changes that AI will bring in 2024

Three major changes that AI will bring in 2024

If 2023 was all about commercialization of AI, 2024 will see this trend gain further momentum. Enterprises will take proactive measures this year and craft a substantive AI strategy.

If 2023 was all about commercialization of AI, 2024 will see this trend gain further momentum. (Image/Reuters) – By Nachiket Deshpande

2023 was a watershed moment in AI’s journey to the mainstream. Looking ahead, we may identify 2023 as the pre-and post-GPT revolution threshold. If 2023 was all about commercialization of AI, 2024 will see this trend gain further momentum. Enterprises will take proactive measures this year and craft […]

AI’s impact on future jobs and growth

AI’s impact on future jobs and growth

Microsoft CEO highlights transformative potential in reshaping job landscapes and driving future growth According to Satya Nadella, group chief executive of Microsoft, the world has not experienced a new growth driver or emerging engine for some time due to prolonged stagnation. There is a pressing need for a new growth engine to unlock potential, with artificial intelligence (AI) emerging as the most powerful technology since the start of the internet era, capable of driving global productivity growth.

“Last year was a period of experimentation, and this year we anticipate real-world usage, impacting job roles that will undergo reshaping,” Mr Nadella […]

Ottawa looks to robotics to address labor challenges in the ag sector

Ottawa looks to robotics to address labor challenges in the ag sector

Ag News On Friday, the federal government announced funding for new innovative solutions to help deal with the ongoing labour challenges in the ag sector. Under Phase 2 of the Innovative Solutions Canada (ISC) program – Challenge Stream, five projects will each receive up to $1 million in funding.

The projects target the Canadian meat processing industry and the Canadian controlled environment agriculture industry – the concept is to advance automation and robotic technologies.

The projects approved for funding by Agriculture and Agri-Food Canada under the Canadian Meat Processing Technology Development Challenge include: Exonetik Inc. – Developing a low-cost, collaborative robot […]

The Future of Work in the Age of Automation

The Future of Work in the Age of Automation

The Future of Work in the Age of Automation

Agendazzle

· Follow 5 min read·4 hours ago Photo by Louis Reed on Unsplash In today’s rapidly evolving technological landscape, automation is revolutionizing the way we work and interact with machines. From artificial intelligence to robotics, automation is reshaping industries, transforming job roles, and raising questions about the future of work. This article delves into the implications of automation on jobs and industries, explores the skills and roles needed for the future workforce, examines the ethical considerations surrounding automated work environments, and provides insights into reskilling and upskilling strategies […]