The future of work — how can we shape it? Many fear that artificial intelligence and robots will take over factory floors, warehouses and even white-collar offices, laying waste to millions of low-skill jobs, herding workers into never-ending “upskilling” courses or gig jobs with no benefits.
But these negative effects of automation are not inevitable. Even low-paid, dull and demanding jobs can become good jobs when we put the right set of policies and rules in place. The failure to ensure that everyone in California benefits from its unprecedented wealth calls for a new agenda to improve jobs and promote […]
It may be an unsettling thought for many business owners to imagine that in a few years’ time, their workforce could look completely different, with a host of, as yet, unidentified new skills required to run operations – many of which their current workforce will not possess.The proposition that a significant proportion of the jobs available right now will no longer be required in ten or twenty years is not unique to any one industry.Indeed, such is the time we’re living in that there are even handy online tools which, with the click of a button, can […]
BRAKES ON JOBS: With production slowing across the auto industry, temporary workers are the first to go It’s mid-afternoon in Gurgaon. Lines of uniformed men are streaming into the Maruti plant, from nearby Mullahera village where they live, several to a cramped room. The colour of their uniform marks their status — permanent, casual, temporary (hired for six months at a time), and apprentice. While they all do similar work in various parts of the factory, this status makes all the difference to their income, security and prospects.
With production slowing across the auto industry , temporary workers […]
Although that is true of the computer age, what many do not take into account is that machines, then, could not reason. An Oxford study, in 2017, found that developed countries are set to lose over 45% jobs to automation. Another one set the figure at 50%. The fact that there would be wide-scale unemployment with the onset of the fourth industrial revolution is a forgone conclusion, but what kind of jobs will be lost is the main point of contention.
Some economists highlight that the future may not be so different from the present, and all that may change […]
While automation and robots will displace millions of jobs, it’ll most likely create millions more.
Our current round of technological unemployment might just be a transitionary phase.
The fear of automation has been around for decades. Automation, and the rise of robots with superior AI promises to bring about a new era of industry and civilization. Our wildest sci-fi dreams could be realized within the century. Yet, the clamor and hoopla surrounding the topic has been overwhelmingly pessimistic – bordering on neo-luddism at times. That is, the fear is that advancements in automation, artificial intelligence and robotics will […]
Six Nova Scotian steel and aluminum companies benefit from advanced manufacturing machinery, robotics and modernization
Canadian steel and aluminum companies that embrace automated machining are reducing waste, better utilizing skilled labour, increasing production quality and providing good jobs for Canadians. The Steel and Aluminum Initiative, announced in March 2019, will help steel and aluminum manufacturing businesses grow and modernize thanks to new automated technologies.Today, the Honourable Chrystia Freeland, Minister of Foreign Affairs, announced contributions totaling $2,479,501 to six steel and aluminum manufacturers in Nova Scotia. The announcement was made on behalf of the Honourable Navdeep Bains, Minister […]
Conversations around artificial intelligence and automation tend toward the apocalyptic. In January, the Brookings Institution reported that more than 35 million Americans hold jobs with "high exposure" to automation. These vulnerable professionals – occupying roles in production, food service, and transportation – could already see at least 70% of their day-to-day tasks replicated by a machine. It’s clear that these machines will soon graduate from replicating tasks to replicating entire jobs, even mechanizing entire industries. The report anticipates this massive shift and concludes with a call to action. To "mitigate coming stresses," it reads, organizations will need to pursue […]
Representational image | Photo: Krisztian Bocsi | Bloomberg Whether AI and automation will create, eliminate or modify jobs, and how much, is the central question of a never-ending debate. In 2013, the Oxford academic duo Carl Benedikt Frey and Michael Osborne published a study titled “ The Future of Employment: How Susceptible Are Jobs to Computerization? ”, which estimated that 47% of American jobs are at high risk by mid-2030.
Last year, the World Economic Forum (WEF) released The Future of Jobs 2018 report, stating that algorithms and intelligent machines are expected to create 133 million new roles globally while […]
Would you rather be replaced by a machine – or by another human? A university study delivers surprising results Would you rather be replaced by a machine – or by another human?
In the changing world of work, employees are said to feel more threatened by fellow humans taking over their jobs than by robots displacing them, according to a recent study published in the journal Nature Human Behaviour.
While people generally view artificial intelligence and automation as a threat to employment, they tend to feel less upset about a robotic/AI takeover when their own jobs are on the line, said […]
Over the last few years, automation has gained immense popularity in various industries. And the manufacturing industry sits on the cutting edge of automation technology, ahead of other industries. With automation, manufacturing companies have revolutionized the way activities were once performed. With autonomous systems coming into the picture, human participation and involvement have reduced significantly. As a result, work gets done faster and more importantly, with greater precision.
Though automation changes the nature of employment, it has brought in huge profit opportunities to the manufacturing industry. One of the most extensively used types of automation machines is the collaborative robot. […]