Tag: productivity

Robots are pouring drinks in Vegas. As AI grows, the city’s workers brace for change

Robots are pouring drinks in Vegas. As AI grows, the city's workers brace for change

This bar inside Planet Hollywood on the Las Vegas strip has two robots that serve customers drinks. The Tipsy Robot opened a second location on the strip this year. Walk any direction in Las Vegas and it’s easy to find machines doing human work.

Check-in kiosks have replaced people at the front desk of hotels. Text-bots now make restaurant recommendations instead of a concierge. Robots can serve food, and behind the bar, machines are pouring out drinks.

Automation and technology replacing jobs has long been a conversation in Nevada’s most populated city. Studies show that between 38% to 65% of jobs […]

The Impact of Artificial Intelligence on Job Automation

The Impact of Artificial Intelligence on Job Automation

Artificial Intelligence (AI) has become an integral part of our modern society, with its influence expanding rapidly into various industries. One area where AI has had a profound impact is job automation. As AI technology continues to advance, it is increasingly capable of performing tasks that were once only possible for humans.

Job automation refers to the use of AI and robotics to replace or augment human work. This technology has the potential to greatly improve efficiency and productivity, but it also raises concerns about the future of work and the potential loss of jobs.

One of the main advantages of […]

Navigating Impact of AI on Job Automation and Employment

Navigating Impact of AI on Job Automation and Employment

Artificial Intelligence (AI) has rapidly transformed various aspects of our lives, and one of the most significant areas it’s reshaping is the job market. In this article, we will explore the Impact of AI on Job Automation & Employment. We’ll delve into how AI is displacing jobs, the future of work with AI, and the implications for job prospects, as well as workforce transformation due to this technological revolution.

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The Impact of Machine Learning on E-commerce Recommendation Systems “Boost Your Productivity with AI-Powered Virtual Assistants” […]

Does Generative AI Generate Jobs?

Does Generative AI Generate Jobs?

industrial designers working The evolution of AI and its quick adoption by organisations has predisposed many workers to the fear of losing their jobs to the technology. This fear might be largely unfounded.

Are you afraid of losing your job to generative AI? The debate rages since digital citizens are rushing to use generative AI software like MidJourney or ChatGPT. Yuval Noah Harari, 1 famous historian and author of popular books Sapiens and Homo Deus, recently voiced his concern that while generative AI is a game changer, the technology can develop its own content and ideas, build its own […]

How does the 4IR impact employment?

The Fourth Industrial Revolution, characterized by the integration of digital technologies, artificial intelligence (AI), and automation into various aspects of society, is poised to bring about significant changes in the global job landscape. While the term itself may evoke notions of radical transformation, it’s crucial to understand the multifaceted nature of its impact on employment. The Fourth Industrial Revolution will bring both opportunities and challenges, shaping the future of work in ways that demand a nuanced perspective.

> Automation and Job Displacement: One of the key aspects of the Fourth Industrial Revolution is the increasing integration of automation and […]

How employees feel about their jobs can make or break a company’s A.I. transformation. Here’s how leaders should handle it

How employees feel about their jobs can make or break a company’s A.I. transformation. Here’s how leaders should handle it

What constitutes meaningful work for humans in a new, A.I.-driven reality? Artificial intelligence is upending not just how people work, but how they relate to their jobs—their professional identity. A.I. uniquely impacts white-collar workers in a way no technologies have before.

In the past, automation technologies focused on automating portions of physical tasks performed by humans. The rise of robotics did just that, displacing low-skilled workers from the manufacturing process of goods like cars. The development of software, on the other hand, affected middle-skilled workers, by automating more complex tasks. A.I. is now coming for white-collar skills—decision-making and intellectual abilities—that […]

U.S. employers are using AI to essentially reduce workers to numbers in the workplace

STEVE INSKEEP, HOST:

We’ve spent a lot of time debating the future of artificial intelligence and the way it may be used to control people. Our next guest contends the future is now. Ifeoma Ajunwa wrote a book called "The Quantified Worker." She says employers have spent generations trying to reduce their employees to statistics. They’ve gained more power to do this in recent decades using computers, and they’ve gained even more power in recent years with artificial intelligence. She’s been following this trend since long before AI caught the world’s imagination in recent months.

IFEOMA AJUNWA: I have thought to […]

Starbucks’ AI Coffee Makers: A Productivity Case Study

Starbucks’ AI Coffee Makers: A Productivity Case Study

Starbucks’ implementation of artificial intelligence coffee makers 1 offers a simple and ideal case study that can illustrate the synergy between efficiency, wages, profits, and inflation. Even if we don’t know the actual cost figures, we can use some hypothetical numbers to demonstrate how higher efficiency enables higher wages, higher profits, and lower prices. ADVERTISEMENT
Although pressure to increase wages is generally linked to inflation, 2 this paradigm assumes the higher wages aren’t driven by higher productivity. When workers become more productive, their product or service becomes cheaper rather than more expensive, and this is deflationary.

Harrington Emerson 3 pointed […]

AI rules to retrain redundant workers ‘unsustainable’

AI rules to retrain redundant workers ‘unsustainable’

Employers and experts say Labor is overstating artificial intelligence’s threat to jobs and warn regulatory attempts to place all the burden on employers to retrain workers would prove unsustainable.

Workplace Relations Minister Tony Burke has flagged the federal government is considering potential responses to AI that bring forward employers’ consultation over workplace changes and charge them with retraining workers in the AI that threatens to make them redundant. Director of the CSIRO’s National AI Centre, Stela Solar, said businesses realise that “just because we can automate something doesn’t mean that they should”. Rhett Wyman Australian Industry Group chief executive Innes […]

Shale Gas Boom Led To Thousands Of Job Losses In Appalachia

Shale Gas Boom Led To Thousands Of Job Losses In Appalachia

Ohio River Valley Institute: the shale gas boom failed to replace lost jobs in the Appalachia steel industry.

Since 2008, the Appalachian region showed a 1.6% gain in employment before those gains upturning into a 2.1% loss, good for the loss of 10,000 jobs as well as a 4.8% decline in the population in 2021.

EIA: peak production in the Appalachia will not be equaled again until 2045. Roughneck black and white A fresh study on Appalachian has revealed that the shale gas boom in those regions not only failed to replace losses from the steel […]