Do customers want robots in restaurants?

Do customers want robots in restaurants?

Source: N509FZ/CcC BY-SA 4.0 As technology continues to become more and more advanced, it’s only natural that some of the tasks and roles that have been traditionally carried out by human beings are going to be taken over by machines. This is especially true in industries where there is a lot of repetitive work to be done, or where precision and speed are essential.

One of the industries that is most likely to be affected by the increasing use of robots and automation is manufacturing. In many factories, robots are already being used to carry out tedious, stressful or dangerous […]

Artificial Intelligence Wrote This Article on Property Rights

Artificial Intelligence Wrote This Article on Property Rights

Technology continues to exceed our wildest speculations Image Credit: Peter Jacobsen- Screenshot of OpenAI Playground

I wrote this article using the OpenAI Playground. OpenAI Playground is a tool that allows users to generate text using AI. The only writing in the article done directly by humans was the headings and the changes requested by the editor.

AI is a type of computer technology that is capable of performing tasks that typically require human intelligence, such as visual perception, natural language processing, and decision-making.While AI is still in its infancy, it is already being used in a number of applications, such as […]

Which Workers Suffer Most When New Technology Arrives?

Which Workers Suffer Most When New Technology Arrives?

Technological advances can be a double-edged sword for workers. On the one hand, new technologies can make people more productive. On the other hand, some forms of automation can also make workers obsolete.

But which workers, exactly, are most likely to suffer lost jobs or reduced income when new technologies arrive?

Bryan Seegmiller , an assistant professor of finance at Kellogg, along with Kellogg finance professor Dimitris Papanikolaou and their colleagues, sought to better understand which types of workers were historically vulnerable to being rendered obsolete by technology, and how career disruptions caused by technology affected their future earnings. They […]

Amazon Is Running Out of Warehouse Workers. Cue the Robots

Amazon Is Running Out of Warehouse Workers. Cue the Robots

Joe Quinlivan, who leads Amazon’s robotics and logistics technology teams, at the company’s testing and manufacturing facility outside Boston. A new highly automated system featuring a yellow bot called Sparrow can store and retrieve millions of items—tasks currently handled by humans.

Earlier this year, an Amazon.com Inc. recruiter received a message from Seattle: Put help-wanted fliers in high schools, food banks and homeless shelters—anywhere someone might be willing to take an entry-level position at one of the e-commerce giant’s warehouses.

The recruiter thought the command seemed desperate but was painfully aware of how hard it had become to find people willing […]

ABB unit unveils ‘new era of automation’

ABB unit unveils 'new era of automation'

Engineers work at a laboratory of ABB’s new mega robotics factory in Shanghai on Friday. [Provided to China Daily] ABB Group opened its mega robotics factory in Shanghai on Friday, which is expected to further enhance the Swiss tech major’s market presence in both China and the Asia-Pacific region, its senior executives said.

The $150 million, 67,000-square-meter factory complex includes production and research facilities, and will use ABB’s digital and automation technologies to manufacture next-generation robots.

"The opening of our mega factory is another milestone in helping our customers grow sustainably, address labor shortages and create high-value jobs in a new […]

Police can use robots that kill, San Francisco board decides

Police can use robots that kill, San Francisco board decides

TechCrunch reports that the concept of ‘killer robots’ has leaped from the pages of science fiction to reality. Due to a sluggish recovery from the coronavirus pandemic, it’s projected that thousands of jobs are unlikely to ever return. Whether that’s because businesses will ultimately shutter (or permanently reduce staff) or industries will be reinvented, there are myriad unknowns when trying to chart projections for the economic future of the U.S. economy. A paper released in May 2020 by the Becker Friedman Institute at the University of Chicago projected that 42% of layoffs caused by the pandemic will be permanent […]

What Should We Do About This Impending Mass Displacement?

What Should We Do About This Impending Mass Displacement?

The adoption of artificial intelligence tech threatens the livelihoods of millions of global workers.

There’s an urgent need to consider the steps to mitigate job displacement from automation.

Artificial intelligence (AI) could displace 800 million jobs (30% of the global workforce) by 2030. That’s according to a new BanklessTimes.com report. The site holds that increased AI adoption will greatly impact people’s lives and their ability to make a living in the years ahead.According to BanklessTimes CEO Jonathan Merry, AI is gaining traction in many industries as automation can simplify mundane tasks and help companies become more efficient. But it […]

DENSO deploys MiR250 autonomous mobile robots in Athens

DENSO deploys MiR250 autonomous mobile robots in Athens

DENSO, a leading mobility supplier, has increased efficiencies, improved employee morale and ergonomics, and managed a tight labor market by deploying six MiR250 autonomous mobile robots to transport materials in its 800,000 square foot powertrain component production facility in Athens, Tennessee.

According to a new case study from Mobile Industrial Robots (MiR), DENSO has successfully executed more than 500,000 missions since deploying its first MiR robot in 2020, recognizing a return on investment (ROI) in less than a year along with an ongoing need for more AMRs for additional logistics applications.

One of MiR’s largest global customers, DENSO has AMRs from […]

MIT study finds automation is a contributor to wage inequality

MIT study finds automation is a contributor to wage inequality

Careers Image: © Knut/Stock.adobe.com MIT researchers found that automation accounted for more than half of the increase in the income gap between educated and less-educated workers in the US.

A new study by researchers at Massachusetts Institute of Technology (MIT) has found that automation is a contributor to wage inequality.

Their research quantified the extent to which automation has contributed to income inequality in the US over the past few decades.This change in technology, such as self-checkouts in supermarkets or assembly-line devices, has contributed to a growing gap in wage equality, the research showed.Since the 1980s, the income gap between more […]

Automation is driving wage inequality in the US

Over the past 40 years, income inequality has been rising rapidly in several countries — especially in the US. While there are many factors contributing to this, one single variable, automation, accounts for over half of this increase. Cashierless, self-check-out systems are becoming increasingly popular. Image credits: Kgbo. If you’ve ever used a self-checkout service at a supermarket, you’ve probably noticed that you’re not really faster than a clerk. You’re probably not saving any time, and you’re not really any better off than with a human clerk. The only party benefiting from this is the store, which saves money […]