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 […]

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 […]

QA Wolf secures $36M to grow its app QA-testing suite

QA Wolf secures $36M to grow its app QA-testing suite

Enterprise Image Credits: Olemedia / Getty Images Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted QA and testing. The stakes are high. In a survey by QA software-testing company QualiTest Group, 88% of app users said that they’d abandon apps with bugs and glitches .

Jon Perl, Laura Cressman and Scott Wilson — software developers and marketers by trade — had the idea to create a platform, QA Wolf , to make QA for mobile and web apps […]

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 […]

How AI And Robot Job Displacements Could Lead Us Down The Rode Of Universal Basic Income And Loss Of Identity

How AI And Robot Job Displacements Could Lead Us Down The Rode Of Universal Basic Income And Loss Of Identity

In today’s evolving workplace landscape, AI and robotics are already automating tasks across almost For some, the ascendancy of artificial intelligence and robotics instills the fear that these sophisticated and emerging technologies will one day ultimately replace human workers.

In today’s evolving workplace landscape, AI and robotics are already automating tasks across almost all sectors, including manufacturing, data analysis, customer service and administration. As it stands, repetitive and routine tasks are the most susceptible to automation.

While AI and robotics will undoubtedly change the nature of work, it’s unlikely that these technologies will eradicate the existence of all jobs. The focus […]

Maria Savona Dpt. Economics and Finance, Luiss, IT

Maria Savona Dpt. Economics and Finance, Luiss, IT

PILLARS – Pathways to Inclusive Labour Markets

The impact of emerging digital automation technologies on employment

SPRU, University of Sussex, UKPartly based on work by: Tommaso Ciarli, UNU-MERIT, United Nations University & SPRU, University of Sussex Sugat Chaturvedi, Deyu Li, Önder Nomaler, Fabien Petit, Ekaterina Prytkova, University of Sussex SPRU – SCIENCE POLICY RESEARCH UNITTimeline of major digital innovations over the past 30 years (Jaccoud et al, 2023) SPRU – SCIENCE POLICY RESEARCH UNIT3 Emerging technologies Exposure Adoption What we do (I) Employment impacts SPRU – SCIENCE POLICY RESEARCH UNITTwo Key Outputs today• Emerging Digital Technologies (EDT) are not “AI” […]

The growing time tax of the digital global economy

The growing time tax of the digital global economy

Sun, Jul 14, 2024 page9 The rise of generative AI and other digital technologies has enabled tech companies to offload tasks from their employees to users

Despite the rapid proliferation of artificial intelligence (AI) chatbots and virtual assistants, finding an answer to a question that a company’s software is not programmed to address can be frustrating. Searching through countless options on price-comparison Web sites for the best insurance policy or airline ticket can be equally exhausting. Yet, we tend to view this “time tax” as the cost of doing business in today’s digitized global economy.

To be sure, we […]