“Intelligent Apps Loaded With Digital Twin Will Drive People And Industry”-Dr. Jitendra K. Das

“Intelligent Apps Loaded With Digital Twin Will Drive People And Industry”-Dr. Jitendra K. Das

“Intelligent Apps will impact the lives and drive people at both personal and industrial level. These apps will no longer be the apps which we use today, but will be much more intelligent, advanced and loaded with AI and Digital Twin ”, said Dr. Jitendra K. Das , Director FORE School of Management, New Delhi.

Dr. Das was the Chairperson of the session themed – Role of Robotics, AI and Automation to Make In India at the recently held “8th Manufacturing Innovation Conclave” – Building manufacturing, Building India, organized by Confederation of Indian Industry (CII) with co-panelists – Harish Mehra, […]

Why Has The Economic Productivity Not Picked Up Despite The Advancements In AI?

Why Has The Economic Productivity Not Picked Up Despite The Advancements In AI?

Large AI systems have become a part of our societies very quickly in the last decade. There is a widespread debate about how artificial intelligence is changing individuals and man’s interaction with his surroundings. This, of course, includes AI’s effect on the economy. This can be measured across sections of industries, societies and institutions. A recent study by Jason Furman and Robert Seamans from Harvard Kennedy School, Peterson Institute for International Economics and New York University talks about the same. The Rise And Rise Of AI Activities

The age of AI has started and has taken a form […]

A third of New Zealand jobs to be automated away by 2036

A third of New Zealand jobs to be automated away by 2036

Meet your replacement, human. The next generation of workers is being readied to take your job Rural New Zealand is going to get hit hard by a wave of automation predicted to wipe away as many as 31 per cent of existing jobs by 2036.

Cities will fare better, a new report on the future of work forecasts, but that could force country dwellers to migrate to already crammed cities like Auckland and Wellington in search of work.

Gareth Kiernan of Infometrics, who unveiled the Megatrends report at the Industry Training Federation conference at Te Papa in Wellington on Tuesday, said […]

What Should We Do If Robots Come For Our Jobs?

What Should We Do If Robots Come For Our Jobs?

Government’s effort at creating new jobs for millions of unemployed youths is being threatened by arrival of robotic technology in key sectors that would have created these jobs.

The big issue is not whether the robots are coming, because they are. Banks in Nigeria are already firing cashiers as more ATMs pop up. In the food and beverage sector, as well as other manufacturing industries, more robots are being deployed for their precision and speed.

The question is, should Nigerian workers worry that available limited jobs will be taken by robots?Already, millions of unemployed youths have moved to Nigeria’s urban centres, […]

Robots Run the Farm, but You Can Eat Only So Much

Robots Run the Farm, but You Can Eat Only So Much

Will robots cause the factory to go the way of the farm? Many economists seem to think so. “Rising levels of productivity benefit manufacturing,” declares a recent paper from the Federal Reserve Bank of St. Louis, “but also naturally lead to declining employment—much as the agricultural sector has experienced declining employment and rising output in the twentieth century.” Since the end of World War II, technology has caused agriculture’s share of U.S. employment to drop from nearly 10% to just 1%.

This analysis misses a point that becomes obvious once you think about it: One can eat only so much. […]

Robots? Training? Factories Tackle the Productivity Puzzle

Robots? Training? Factories Tackle the Productivity Puzzle

HICKSVILLE, Ohio — For Anthony Nighswander, rock-bottom unemployment is both a headache and an opportunity. For businesses and workers, it could be the key to reversing one of the country’s most vexing economic problems: slow productivity growth.

Mr. Nighswander is president of APT Manufacturing Solutions, which builds and installs robotic equipment to help other manufacturers automate their assembly lines. Lately, business has been booming: With the unemployment rate now below 4 percent, he says he gets calls every day from companies looking for robots to help ease their labor crunch.

The problem is that Mr. Nighswander faces a hiring challenge in […]

At the Ocado warehouse I Robot meets the grocery cart

At the Ocado warehouse I Robot meets the grocery cart

Warehousing around the globe is undergoing a dramatic change with the widespread introduction of automation. But as the Ocado facilities illustrate, warehouse automation is much more than conveyor belts and racks.

By Matt Miller, AJOT

Inside a warehouse some 70 miles west of London, hundreds of robots dash along an aluminum grid. They grab bins positioned underneath the metal framework, then scurry to pick stations where either humans or picking robots armed with computer vision take the goods from the bins to fill grocery orders.This operation is the domain of Ocado, the British online grocer. In its Andover facility, Ocado […]

Short of Workers, Fast-Food Restaurants Turn to Robots

Short of Workers, Fast-Food Restaurants Turn to Robots

Now Hiring

Job openings in hospitality, including restaurants, have increased since 2010 and account for more available positions than retail or manufacturing firms.

Note: Seasonally adjusted dataSource: Labor DepartmentExperts have warned for years that robots will replace humans in restaurants. Instead, a twist on that prediction is unfolding. Amid the lowest unemployment in years , fast-food restaurants are turning to machines—not to get rid of workers, but because they can’t find enough.The hospitality industry had 844,000 unfilled positions in April, a record high, according to the Labor Department. That accounts for about one out of every eight jobs available […]

First new all-electric mine dumps diesel; cuts costs, pollution

A worker walks underground at Goldcorp Inc’s Borden all-electric gold mine near Chapleau, Ontario, Canada, June 13, 2018. REUTERS/Chris Watt By Susan Taylor and Barbara Lewis

CHAPLEAU, Ontario/LONDON (Reuters) – Hundreds of feet below thick boreal forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in a multimillion-dollar mining experiment to ditch diesel.

Goldcorp Inc is building the world’s first new all-electric mine, a high-stakes gambit to replace noisy, fume-belching equipment being closely watched by a diesel-dependent industry.A rough-hewn tunnel, some 800 feet underground, seems an incongruous setting for revolutionary technology, but front-line workers call […]

The future world of work is changing

The future world of work is changing

‘How can the learners and students of today ensure that they are prepared for future work roles that can’t yet even be clearly defined?’ asks the writer (John McCann) For most people, the year 2028 seems like the very distant future. But when you consider that 18 years have already passed since the prospect of a new millennium had the world in a panic over what would happen to their computers and data, the next 10 years are sure to fly by at a similarly eye-watering pace.

Although the number of days a year is never going to change, the […]