Tag: productivity

Will AI let you work less in the future?

Will AI let you work less in the future?

FILE – California’s main firefighting agency, Cal Fire, in July started trying out an artificial intelligence system that looks for smoke from more than 1,000 mountaintop cameras feeds. (AP Photo/Gregory Bull) …

(TND) — Could artificial intelligence allow future generations to work less?

One top CEO thinks that’s a distinct possibility.JPMorgan Chase Chairman and CEO Jamie Dimon told Bloomberg this week that AI adds “huge value” and that his company will be able to use it in every process – trading, hedging, research and more.“It might be as a co-pilot,” he said. “It might be to replace humans.”Dimon admitted that AI […]

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Robots can Create More Jobs for Humans Jiwoo Kim Language and Culture Institute, Virginia Polytechnic Institute and State University EAP 300-WC 2022 fall Prof. Becky Etzler September, 19, 2022

2 Robot technologies have been developed rapidly through the 20th and 21st centuries. As a result, automation in industries has replaced a number of employees. For this reason, people are concerned that robots will replace laborers because the media frequently emphasize anxiety about unemployment caused by robot automation in the labor market. Moreover, some researchers say that most occupations for humans have the risk that robots can replace them. Especially a […]

How artificial intelligence and automation are tackling the talent shortage

How artificial intelligence and automation are tackling the talent shortage

Artificial intelligence and automation in manufacturing and construction are shifting how companies hire and train employees. In the auto industry, a metal car frame is forged by a symphony of manufacturing processes, from press forming and milling, to anti-corrosion treatments and welding. Nearly every step requires dedicated production equipment and skilled hands.

But as skilled work-forces move toward retirement, manufacturers – and nearly all other industries – are implementing artificial intelligence to tackle the talent shortages.

According to the IBM Global AI Adoption Index 2022 survey , nearly one in four companies adopting AI are doing so to combat labour or […]

ChatGPT provided better customer service than his staff. He fired them.

(​Davide Bonazzi for The Washington Post) Comment on this story Suumit Shah never liked his company’s customer service team. His agents gave generic responses to clients’ issues. Faced with difficult problems, they often sounded stumped, he said.

But when Shah saw that ChatGPT could respond to questions with intricate, lifelike responses, he knew it could fix the customer service hotline of his India-based e-commerce platform, Dukaan.

Shah used the software to improve his in-house customer service chatbot Lina, training it largely on his company’s help center content. In December 2022, he let the ChatGPT-powered bot field nearly all messages and found […]

Embracing the Future: How Automation Transforms British Manufacturing

Embracing the Future: How Automation Transforms British Manufacturing

In the dynamic landscape of the British manufacturing industry, automation is heralding a new era of production efficiency and precision. The clatter of manual labour is giving way to the seamless coordination of robots, artificial intelligence, and state-of-the-art machinery. This blog delves into the profound impact of automation, illuminating its myriad benefits, challenges, and promising future for the UK’s manufacturing sector.

Automation: A Paradigm Shift in Manufacturing:

Automation has ushered in an era of unparalleled efficiency and productivity within manufacturing. Machines tirelessly work around the clock, free from fatigue or the need for rest. This not only reduces lead […]

On Location at Automation Anywhere: Neeti Mehta Shukla on Empowering Nonprofits Through Technology

On Location at Automation Anywhere: Neeti Mehta Shukla on Empowering Nonprofits Through Technology

I was on location at Automation Anywhere Imagine in Austin, Texas, on Tuesday. In this video, I speak with Neeti Mehta Shukla, chief social impact officer and co-founder of Automation Anywhere . We discuss how Automation Anywhere’s social impact office leverages technology, including generative artificial intelligence (generative AI ), to transform nonprofits and bridge gaps in societal equality.

Automation Anywhere is on the Acceleration Economy Top 10 Shortlist of AI/Hyperautomation Enablers . Highlights

00:51 — At Automation Anywhere, there’s a give-back culture. As its technology and platform grew, it saw how customers benefit: increased productivity , increased ROI, reduced […]

AI will not wipe out half of jobs after all, say academics who predicted this

AI will not wipe out half of jobs after all, say academics who predicted this

Oxford professors who published a seminal 2013 paper warning of widespread occupational displacement now say the impacts will instead be strike action and wage depression Sarote pruksachat/rambo182 Getty The limits of generative AI mean the technology is not likely to displace jobs in a widespread manner, according to research from two Oxford University artificial intelligence and automation experts, revising predictions made by the pair 10 years ago.

The paper, Generative AI and the future of work: a reappraisal , said AI would instead likely impact wage differentials, productivity and strike action.

The research was conducted by University of Oxford professors Carl […]

AI having ‘positive impact’ on UK jobs but could increase regional inequalities, says report

AI having ‘positive impact’ on UK jobs but could increase regional inequalities, says report

More than 75% of companies surveyed said that adopting AI and robotics had resulted in the creation of new jobs. Study finds new technologies have created and upskilled jobs but disparities in education and investment may affect pace of change The adoption of artificial intelligence (AI), robotics and automated equipment has an overall positive impact on jobs, new research has found, with more than three-quarters of firms reporting that use of the technology had created new roles within the company and the majority reporting that job quality had improved.

More than 1,000 UK firms were asked about their adoption of […]

Carl Benedikt Frey and Michael Osborne on how AI benefits lower-skilled workers

Carl Benedikt Frey and Michael Osborne on how AI benefits lower-skilled workers

Machines make producing average content easier, conclude the two academics

image: Dan Williams TEN YEARS ago we published a paper, “The Future of Employment”, highlighting how artificial intelligence (AI) was broadening the scope of what computers could do, and so broadening the possibilities for automation. The prevailing narrative at the time was that the era of the “average” worker was ending, with machines progressively replacing routine and administrative jobs. Highly skilled professionals were the ones reaping the benefits, as computers made them more productive and enabled them to sell their services locally and around the world. A decade on, […]

Home workers will be first to lose jobs to AI, Oxford study warns

Home workers will be first to lose jobs to AI, Oxford study warns

People who work from home are most at risk of losing their jobs to artificial intelligence (AI), Oxford academics have warned.

Professors Carl-Benedikt Frey and Michael Osborne, both of Oxford University, warned in a draft paper that “remote” tasks that could be done outside of the office were the easiest to automate.

Prof Frey said: “It now looks like AI may be able to replace human labour in many virtual settings , meaning that if a task can be done remotely, it can also be potentially automated.”Office-based workers are harder to replace because AI struggles to replicate the value of a […]