Tag: productivity

The Intersection of Artificial Intelligence, Automation, and Human Contribution

The Intersection of Artificial Intelligence, Automation, and Human Contribution

The future of work is being reshaped by advancements in artificial intelligence (AI) and automation, transforming industries and job roles. While AI and automation offer efficiency and new opportunities, they also present challenges regarding the human role in a rapidly evolving job market. This article explores how these technologies are changing the workforce, the importance of human skills in the new landscape, and strategies for adapting to the future of work.

In an era where artificial intelligence (AI) and automation are no longer just buzzwords but realities reshaping our daily lives, the future of work stands at the brink […]

AI gives, even as it takes away jobs

AI gives, even as it takes away jobs

Image by Google Gemini Image creator, based on a prompt by Gadget. A year ago, as the hype around generative artificial intelligence (AI) was reaching a crescendo, investment bank Goldman Sachs predicted it would replace 300-million existing jobs. That was well up from the World Economic Forum’s “The Future of Jobs Report 2020,” which had said AI would replace 85-million jobs within five years. However, it tempered this forecast with the expectation of 97-million new jobs.

Clearly, such predictions are a thumb-suck, and have rightfully been derided. So, by the time the WEF produced the 2024 version, it had come […]

Industrial robots make people feel worse about jobs and themselves

Industrial robots make people feel worse about jobs and themselves

Robots may make companies more productive, as some studies have suggested, but they make people feel that their jobs have less meaning.

Researchers with the University of Groningen in the Netherlands and Colorado State University in the US recently looked into the impact of robotic automation on workers’ sense of well-being and motivation. They found that the adoption of industrial robots takes a mental toll on workers – more so for those with repetitive jobs and less so for those with non-routine responsibilities.

Add that to prior research showing robotic automation depresses wages and employment.In a paper titled "Robots, meaning, and […]

EXCLUSIVEIs YOUR job at risk from the AI revolution? Six experts predict roles that will be WIPED OUT by AI this decade

EXCLUSIVEIs YOUR job at risk from the AI revolution? Six experts predict roles that will be WIPED OUT by AI this decade

Who’s at risk of mass job losses caused by the AI revolution – blue or white collar workers?

Most experts agree that artificial intelligence will completely upend the American workforce ( there are already signs it’s doing so in the tech industry ).

But there have been conflicting reports about who is more at risk, lower-wage workers or middle-management types.A report by the think-tank McKinsey Global estimated Americans on the lowest wages are up to 14 times more likely to be replaced by AI those on the highest.But a separate JP Morgan report predicted ‘mass-scale white-collar job realignment’ this decade.DailyMail.com spoke […]

Automated Converting Equipment

Automated Converting Equipment

The newest equipment utilizes technology to meet the quality demands and fast turnaround times of today’s brands.

The term “game-changing” has been casually thrown around for many years, especially regarding new label and package printing product launches. In theory, every product has the potential to positively impact a label printing business, making the phrase overused. However, the advent of automated converting equipment really does fit the bill. Why? Because many of today’s converters don’t have the workforce to tackle the work flowing into print shops.

Converters that L&NW talks to cite automation as one of the industry’s hottest trends – mainly […]

Navigating the Age of Automation and AI: Embracing Change for a Brighter Future

Navigating the Age of Automation and AI: Embracing Change for a Brighter Future

Navigating the Age of Automation and AI: Embracing Change for a Brighter Future

Subhasish Baidya

· Follow 3 min read·5 hours agoI n the ever-evolving landscape of technology, the emergence of automation and artificial intelligence (AI) has sparked a wave of speculation and concern. With OpenAI’s groundbreaking release of GPT-3, a powerful deep learning model capable of remarkable feats such as website creation, job description writing, and even poetry generation, questions about the future of employment have intensified. Are we on the brink of a job apocalypse, where machines will replace human workers en masse? Let’s delve […]

Rise of Artificial Intelligence: The Threat of Jobless Future or Better Job Opportunities Through Reskilling and Upskilling

“Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks.”

—Stephen Hawkins

Artificial Intelligence (AI) is the computer science that emphasizes the creation of intelligent machines that work and react like humans. It uses computers to mimic human cognitive processes for decision-making. AI is designed to perform various activities which include speech recognition, learning, planning, problem solving.The rise of Artificial Intelligence (AI) is a double-edged sword when it comes to jobs. There are valid concerns about some positions being automated, […]

The Intersection of IoT and Robotics: Transforming Industries and Workforce

The Intersection of IoT and Robotics: Transforming Industries and Workforce

iot in robotics The integration of IoT in robotics is not just about connecting devices; it’s about creating intelligent systems that can adapt and learn from their environment. These interconnected robotic softwares can optimize processes, predict maintenance needs, and enhance decision-making capabilities by harnessing the power of real-time data exchange and advanced AI algorithms.

From smart factories where robots collaborate with humans to optimize production lines, to autonomous vehicles navigating city streets, the possibilities are endless. As IoRT continues to advance, it promises to revolutionize industries, unlocking new levels of efficiency, safety, and innovation in the ever-evolving automation landscape. get […]

Does technology replace more jobs than it creates?

Does technology replace more jobs than it creates?

A new major study into US census data since 1940 has quantified technology’s impact on job loss and creation – and what AI will do in the future.

Image: Jose-Luis Olivares, MIT; iStock Ever since the Luddites were destroying machine looms, it has been obvious that new technologies can wipe out jobs. But technical innovations also create new jobs: consider a computer programmer, or someone installing solar panels on a roof.

Overall, does technology replace more jobs than it creates? What is the net balance between these two things? Until now, that has not been measured.But a new research […]

How Will Artificial Intelligence Affect Jobs 2024-2030?

How Will Artificial Intelligence Affect Jobs 2024-2030?

Artificial Intelligence (AI) is poised to significantly impact jobs from 2024 to 2030. AI applications like automation and robots are reshaping workplaces, potentially leading to job displacement but also creating new roles that demand expertise in data analysis and machine learning . The evolving landscape may see routine tasks automated, necessitating a shift towards roles requiring technical, creative, and social skills . In the recruitment sector, AI is streamlining processes, enhancing productivity, and altering HR functions, with a projected increase in AI adoption by businesses . Specifically in software engineering, AI is expected to automate many tasks, prompting the […]