Tag: productivity

People are worried that AI will take over everyone’s jobs. We have been here before.

People are worried that AI will take over everyone's jobs. We have been here before.

Even those who agreed that jobs would return “in the long run” were also concerned that “displaced wage-earners must feed and care for their families ‘in the short term’.” This analysis reconciled the surrounding reality – millions of people without jobs – with the promise of progress and the benefits of innovation. Compton, a physicist, was the first chairman of the Scientific Advisory Board formed by Franklin D. Roosevelt, and he began his 1938 essay with a quote from the board’s 1935 report to the President: “Our national health, prosperity, and happiness To a great extent depends on the […]

How To Make Your Business More Tech-Savvy

How To Make Your Business More Tech-Savvy

Enhancing your business with the latest technological advancements can be beneficial, regardless of its size. However, this can take a considerable amount of time. On the other hand, failing to keep up with the latest technologies can eventually result in operational and financial inefficiencies, hindering business growth, according to studies . With the abundance of online resources and the increasing use of automation in businesses, this is the perfect time to learn something new and adapt. This article highlights tips to make your business more tech-savvy.

Invest in automation and artificial intelligence (AI) Image credit

As a business owner, […]

Tesla’s Intelligent Humanoid Robot Optimus: The Future of Automation?

Summary:
In a move that extends Tesla’s innovative spirit from electric vehicles to robotics, the company has introduced Optimus, an intelligent humanoid robot. This sophisticated machine aims to revolutionize labor and automation by taking on repetitive, dull, or dangerous tasks, thereby altering the human workforce landscape. With a blend of advanced AI and unique mechanical design, Optimus is poised to be a significant milestone in Tesla’s tech repertoire.

Introduction
The realm of automation and robotics has long been dominated by industrial robots that perform specific tasks. However, Tesla, a company already known for its groundbreaking work in […]

The Impact of technology on the nature of labor in the future.

The Impact of technology on the nature of labor in the future.

The Impact of technology on the nature of labor in the future.

Technology innovation has led to significant impact on how we operate and the skills we acquire for a successful job market. It is the persistent engine that maintains the wheels of advancement rolling rapidly which has led to driving force reshaping the nature of labour. A significant issue reverberates through as a point of discussions is topics such as: automation, robotics, and artificial intelligence (AI).The questions still maintains how this technological tsunami transform the nature of work itself in the future? How will it affect every aspect […]

People are worried that AI will take everyone’s jobs. We’ve been here before.

People are worried that AI will take everyone’s jobs. We’ve been here before.

Stephanie Arnett/MITTR MIT Technology Review is celebrating our 125th anniversary with an online series that draws lessons for the future from our past coverage of technology.

It was 1938, and the pain of the Great Depression was still very real. Unemployment in the US was around 20%. Everyone was worried about jobs.

In 1930, the prominent British economist John Maynard Keynes had warned that we were “being afflicted with a new disease” called technological unemployment. Labor-saving advances, he wrote , were “outrunning the pace at which we can find new uses for labour.” There seemed to be examples everywhere. New […]

Why job automation is a good thing

Why job automation is a good thing

Automated machine Summary

Employees may not always initially embrace job automation. In this article, we share the benefits.

Read time: 4 minutesAs workflows become increasingly automated, some people are worried about how it may affect job security.According to the latest World Economic Forum report¹, automation and robots will replace some seven million jobs in the next five years. An Oxford University study² found that 47 percent of U.S. jobs are “highly automatable.”The news sounds scary. But people who skim over these headlines are missing the big picture. While some jobs will indeed be lost, others will be created, and many […]

Association for Advancing Automation Celebrates Golden Anniversary

Association for Advancing Automation Celebrates Golden Anniversary

The Association for Advancing Automation (A3) celebrates its 50th anniversary in 2024. The global advocate for the benefits of automation now represents more than 1280 member companies as it promotes automation technologies and ideas that transform and redefine the business environment.

“The success of A3 for the past five decades is directly attributable to the unflagging support of our members, the incredible advances in automation technology, and the resilience and talent of the team we’ve assembled,” said Jeff Burnstein, who joined A3 in 1983 and has served as president of the association since 2007. “The last few years have been […]

THE POWER OF ARTIFICIAL INTELLIGENCE, EXPLORING ITS IMPACT AND POTENTIAL

THE POWER OF ARTIFICIAL INTELLIGENCE, EXPLORING ITS IMPACT AND POTENTIAL

THE POWER OF ARTIFICIAL INTELLIGENCE, EXPLORING ITS IMPACT AND POTENTIAL

Pleasing Brook

· Follow 16 min read·Just now– The power of Ai The world of technology is constantly evolving, and Artificial Intelligence (AI) is at the forefront of this revolution.As our society becomes more dependent on technology, AI has become an increasingly important tool for businesses, researchers, and governments alike.AI has the potential to transform the world as we know it, but it also raises important ethical considerations and concerns about privacy. In this post, we will explore the power of AI, its impact on our lives, and […]

AI Taking Jobs: MIT Researchers Claim it will be Incremental

AI Taking Jobs: MIT Researchers Claim it will be Incremental

AI replacing humans The threat of AI taking jobs from humans has been a persistent concern, with numerous estimates and projections highlighting the potential impact on the workforce.

Reports from the World Economic Forum, estimating the replacement of 85 million jobs worldwide by 2025, are fueling the fears.

The latest study conducted by MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) looks more optimistic when it suggests the widespread replacement of human jobs by AI may take decades. Colorado Pastor Accused of Pocketing $1.3M in Crypto Scheme, Claims Divine Guidance – USA Herald Data Privacy Watchdog: Amazon Logistics Fined $35 […]

Amazon response to labor shortage caused by high turnover rate: More automation, threatening jobs

Amazon response to labor shortage caused by high turnover rate: More automation, threatening jobs

General scenes at the Amazon Fulfillment center in Robbinsville Township, N.J., Tuesday, Aug. 1, 2017. (AP Photo/Julio Cortez) Amazon began the new year with more layoffs, stating it would reduce the workforce of its audiobook subsidiary Audible by 5 percent, about 100 workers. This follows several rounds of high-profile layoffs eliminating tens of thousands of jobs over the past few years. Since the end of 2022 Amazon has announced 27,000 layoffs in its tech and corporate offices.

These layoffs are massive, upending the livelihoods of tens of thousands of professional employees as major tech corporations move to “right size” their […]