Tag: robot

Automation and the implications for job market

Automation and the implications for job market

1. "The Rise of Automation: How Technology is Transforming the Job Market"

The Rise of Automation: How Technology is Transforming the Job Market

Automation, powered by advancements in artificial intelligence and robotics, is reshaping the job market at an unprecedented pace. According to a report by the McKinsey Global Institute, by 2030, up to 800 million jobs could be displaced globally due to automation. This transformation is not limited to low-skilled tasks; even roles requiring higher education and specialized skills are at risk. For instance, a study by the Brookings Institution found that nearly 25% of U.S. jobs are highly […]

Next-Generation Laundry Employee Evolution (Conclusion)

Next-Generation Laundry Employee Evolution (Conclusion)

CHICAGO — Laundry technology constantly evolves, from the hardware to the software and beyond. Next-Generation Laundry Employee Evolution It used to be productivity was measured on a clipboard. Today, washers and dryers communicate via Wi-Fi, and adjustments can be made on a touch screen or even remotely.

And who would have thought the term artificial intelligence (AI) would become part of the industrial laundry lexicon?

This constantly changing technology means changes to the jobs available for laundry employees and the skills required in the future.“We may see robotics taking a role in areas like sorting soil and folding with managers/supervisors relying […]

Advanced manufacturing can transform communities — when done right

Advanced manufacturing can transform communities — when done right

This story is a part of Technical.ly’s Advanced Manufacturing Month . See the full 2024 editorial calendar .

This is a guest post by Ken Malone, a cofounder and executive officer of Early Charm . The Baltimore-based company focuses on commercializing scientific advancements across industries and products.

For some, advanced manufacturing means integrating automation, robotics, AI and 3D printing to enhance efficiency, precision and customization. Others see it as producing cutting-edge technologies for clean energy, electronics and healthcare.While accurate, defining advanced manufacturing by its transformative social impact is more meaningful than by its processes or products.Envision facilities that are not just […]

Best practices for human-machine collaboration with Amir Ben-Assa, VP Marketing & Product Strategy, Plataine

Best practices for human-machine collaboration with Amir Ben-Assa, VP Marketing & Product Strategy, Plataine

Artificial intelligence and machine learning are incomparable in their ability to extract insights from immense datasets. But, in most cases, humans remain far better at understanding the context of those insights and the subtle variation of their meaning. The field of smart software, smart machines and cobots (collaborative robots) demonstrated dramatic technology advancements in recent years, so dramatic that the manufacturing sector cannot ignore.

Artificial Intelligence (AI) is not just a technological trend, but a real paradigm shift in the way companies operate and grow. However, despite the impressive achievements of AI in the fields of speech recognition and […]

Market Report: Autonomous Mining

Market Report: Autonomous Mining

Automation is a key trend within the mining industry in the 21 st century, offering safety, efficiency, productivity, and financial health benefits to mines. This article will examine the autonomous mining market, looking at key trends, factors, technologies, challenges, and players. Introduction to the Autonomous Mining Equipment Market

The mining sector is undergoing a technological revolution, embracing Industry 4.0 technologies. The industry’s goal is to move from the traditional, labor-intensive mine that has been the norm for millennia to a more automated, integrated mine ecosystem.

There are two forms of automation taking hold in the mining industry: process/software automation (IT […]

Sam Altman’s Universal Basic Income Study Reveals Shifts In Spending And Employment

Sam Altman's Universal Basic Income Study Reveals Shifts In Spending And Employment

In a groundbreaking initiative that seeks to understand the impacts of universal basic income (UBI), Sam Altman, the CEO of OpenAI, has been at the forefront of a three-year experiment providing cash to individuals in need. The project has granted $1,000 monthly to thousands of participants across Illinois and Texas, examining how a guaranteed income might reshape lives in an era increasingly influenced by artificial intelligence.

Launched in November 2020, the study included around 3,000 individuals aged 21 to 40 who earn less than $30,000 per year. One-third received $1,000 each month, while a control group was given just $50. […]

Why do we need AI, why is it becoming an indispensable tool?

Why do we need AI, why is it becoming an indispensable tool?

Why do we need AI? It’s not just a question – it’s reshaping our world faster than you can say “Hey Siri.”

Artificial intelligence is everywhere these days. It’s in your pocket, helping your phone recognize your face. It’s in your email, sorting out spam. It’s even in your car, making parking easier. AI is like a super-smart helper that never gets tired. But AI isn’t just about making cool gadgets. It’s changing how we work, learn, and live. Doctors use AI to spot diseases earlier. Scientists use it to understand climate change better. Artists use it to create new […]

The Impact of Artificial Intelligence on Future Job Market

The Impact of Artificial Intelligence on Future Job Market

New technologies are reshaping the job market landscape, with artificial intelligence leading the charge. According to forecasts by McKinsey Global Institute, AI advancements could prompt at least 14% of the global workforce to consider changing career paths by 2030 due to digitization and robotics. This shift is expected to boost global wealth by approximately $13 trillion and increase GDP by 1.2% annually, emphasizing the pivotal role of AI in economic growth.

While concerns surrounding AI’s effects on employment persist, history suggests that the emergence of new professions often balances out the elimination of others. Research indicates that around […]

Video: Why embracing automation is good for manufacturing

Editor’s note: This content appears here courtesy of IMTS+. Read the original here .

President of Haimer, Brendt Holden believes there is endless potential and opportunities from job shops that embrace advanced technologies.

Why? Because these technologies will help to complete the circle of digitalization and help to gain maximum efficiency.Haimer makes about 4,000 tool holders a day. The company is not an assembly house but makes end products. Because of this, Haimer investigated how to make the company more efficient and it found making its own tool holders and shrink machines that is based on its own production. The […]

7 Consequences of Autonomous Trucks in the Supply Chain

7 Consequences of Autonomous Trucks in the Supply Chain

by Zac Amos July 19th, 2024 Too Long; Didn’t Read

Self-driving cars are a difficult challenge to create, but autonomous long-haul trucks could arrive sooner. On the positive side, they’ll improve safety and shipping speeds, help reduce worker shortages, and boost supply chain sustainability. Unfortunately, there will also be regulatory complications, job losses, and safety challenges as self-driving AI develops. featured image – 7 Consequences of Autonomous Trucks in the Supply Chain 1x

Read by Dr. One Audio Presented by Self-driving cars always seem to be just out of reach. Technology improves and people make bold claims about when they […]