Tag: robot

Why we should embrace the age of robots and not fear it

Why we should embrace the age of robots and not fear it

Today, in the wake of recent advances in sensors, data analytics, robotics and artificial intelligence, the automation debate is centre stage once again The world’s first industrial robot was deployed at the General Motors plant in New Jersey in 1961. A promotional film released at the time created quite a stir. People were amazed by the way the Unimate could lift, weld and spray 500lb components with such ease and precision.

Aware that their new technological marvel might trigger fears that robots were set to overrun the manufacturing workforce, the robot’s inventors stressed that their machine would only take on […]

Nearly Half of All Retail Sales Jobs May Soon Be Replaced by Automation

Nearly Half of All Retail Sales Jobs May Soon Be Replaced by Automation

A sales associate adds the finishing touches as shoppers get a sneak peek of the Macy’s Backstage outlet store in Paramus, N.J. Soon enough, almost no existing occupation will be unaffected by technology.

About 25% of employment in the United States, or 36 million jobs , will be seriously disrupted by automation over the coming decades, according to the Brookings Institution. The researchers added that some 36% (or 52 million) jobs will face medium exposure while another 39% (or 57 million) will experience low exposure to digital technologies by 2030.

“Historically, workplace substitution by machines has freed up humans to focus […]

Texas manufacturers worried about finding workers, tariffs

Texas manufacturers worried about finding workers, tariffs

Employees listen to speakers during the Toyota Texas tenth anniversary celebration of the San Antonio plant in 2013. Difficulties finding workers and anxiety over trade disputes and tariffs are weighing on Texas manufacturers, according to the Federal Reserve Bank of Dallas.

Indexes measuring general business activity and company outlook both turned negative, while a metric assessing uncertainty about firms’ outlooks reached its highest point since last September.

On ExpressNews.com: Toyota to decide by June 30 on almost $400 million plant upgrade “We need a sensible immigration program to support manufacturing growth in the U.S.,” a food manufacturer wrote in comments […]

AI: Augmented inequality?

AI: Augmented inequality?

Governments need to take an active interest in how automation and artificial intelligence will shape the human society in the near future.

There is little doubt about the benefits of the current rush towards new technologies that are rapidly transforming our companies, industries and indeed the way of living across the globe. Augmented Reality, Virtual Reality, Automation, Bio-engineering, Industry 4.0 or Artificial Intelligence.

Companies around the world, irrespective of the country or the industry in which they operate, are adapting or at least preparing to adapt these innovations, if not enthusiastically then at least by compulsion as they fear being left […]

Listen, RBA, to Money Morning Readers

Listen, RBA, to Money Morning Readers

There you have it…

Last week, we found out why ScoMo defeated the Bill Australia couldn’t afford.

Voters went with the Liberals for economic reasons.In a JWS Research survey of 1,000 voters, 39% of them said economic issues were a key factor for their vote.One Morrison voter later said, ‘ Bill Shorten is no prime minister. ’‘ He would have sent us broke. He had no clue what climate change would cost or how long to charge an electric car. He looked incompetent. ’While I agree with the passionate voter, I’m not so sure Morrison had — or has — much […]

Engineers’ Angle | Robotics as an economic tool –Part 2

Engineers' Angle | Robotics as an economic tool –Part 2

Contributed

Junior Bennett

12Is Jamaica ready for increased use of robotics technology and automation? The answer is a resounding yes.The time to invest and implement automation in business processes is now. But, how will Jamaicans tackle the fear and job insecurity that some employees may have? The notion that robotics will take over one’s job is not true. Robotics does not make job decisions.The Gleaner, on May 20, 2019, reported that New Fortress Energy committed J$2.6 million in sponsorship to Halls of Learning for the hosting of the first World Robot Olympiad (WRO) competition in Jamaica. I am expecting that […]

Engineers’ Angle | Robotics as an economic tool –Part 2

Engineers' Angle | Robotics as an economic tool –Part 2

Contributed

Junior Bennett

12Is Jamaica ready for increased use of robotics technology and automation? The answer is a resounding yes.The time to invest and implement automation in business processes is now. But, how will Jamaicans tackle the fear and job insecurity that some employees may have? The notion that robotics will take over one’s job is not true. Robotics does not make job decisions.The Gleaner, on May 20, 2019, reported that New Fortress Energy committed J$2.6 million in sponsorship to Halls of Learning for the hosting of the first World Robot Olympiad (WRO) competition in Jamaica. I am expecting that […]

Cyber-Physical System Market Size & Positive Long-Term Growth Outlook 2018-2028

Cyber-Physical System Market Size & Positive Long-Term Growth Outlook 2018-2028

Researchmoz added Most up-to-date research on “ Cyber-Physical System Market: Will China be Able to Surpass Western Europe in Terms of Growth in the Coming Years: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)” to its huge collection of research reports.

The Cyber-Physical System market report [10 Year Forecast 2018-2028] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Cyber-Physical System market […]

Where workers risk losing jobs to automation, training must start now

Where workers risk losing jobs to automation, training must start now

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Employees from the Czech Republic and Slovenia are most at risk of losing their jobs to automation, according to a new report by the Organisation for Economic Cooperation and Development ( OECD ). Poland, Italy and Slovakia are also considered some of the other countries where workforces are at risk of eventually losing jobs to automation.

The OECD is an international organisation geared at enhancing government policies that can lead to better opportunities and equality. Their annual report, published at the beginning of May, forms part of the OECD’s initiative to work with policymakers to bring about solutions to current […]

Relax, robots won’t be taking your job

Relax, robots won’t be taking your job

My favourite series as a kid was The Jetsons , not so much because it was funny but because it was aspirational, particularly Rosie the robot who took care of all domestic chores: the cooking, the cleaning, the serving, everything.

You’d be forgiven, then, based on an endless queue of media articles, for thinking Rosies are our future and that you’ll someday lose your job to one. They’ll be delivering your groceries and serving your coffee , and they’ll be cleaning your house and driving your bus . They’ll even be giving you advice and keeping you company . But […]