Deep Dive: China shifts to automation, industrial robots to address shrinking workforce and stay competitive

Deep Dive: China shifts to automation, industrial robots to address shrinking workforce and stay competitive

New report revealed that China has more than 12 times the number of robots in its workforce than expected, but still relies on foreign parts for the machines

China hopes to offset labour shortfalls, demographic decline with smart manufacturing and advanced technology

Sue Ng Sue joined the Post in 2021. She graduated from the University of Hong Kong with a double major in journalism and counselling.Comment Latest Articles Listening Better English 5-minute listening: All about the secret agents of the Michelin Guide 21 mins ago English exercises Better English Study Buddy (Challenger): How ballet is countering the anorexic stereotype […]

The ethical implications of AI in business: Balancing automation and human values

The ethical implications of AI in business: Balancing automation and human values

Artificial Intelligence (AI) is now a big part of how businesses work, changing industries and making things more efficient. As AI gets better, businesses are using automation more to make things smoother, spend less money, and make better decisions. According to the news report , the global AI market is projected to reach $1,811.8 billion by 2030, growing at a compound annual rate of 37.3% from 2023 to 2030. However, this digital transformation begets ethical considerations. The deployment of AI in business operations raises significant ethical queries encompassing privacy concerns, algorithmic biases, and potential repercussions on employment. Striking the […]

The Intersection of Artificial Intelligence, Automation, and Human Contribution

The Intersection of Artificial Intelligence, Automation, and Human Contribution

The future of work is being reshaped by advancements in artificial intelligence (AI) and automation, transforming industries and job roles. While AI and automation offer efficiency and new opportunities, they also present challenges regarding the human role in a rapidly evolving job market. This article explores how these technologies are changing the workforce, the importance of human skills in the new landscape, and strategies for adapting to the future of work.

In an era where artificial intelligence (AI) and automation are no longer just buzzwords but realities reshaping our daily lives, the future of work stands at the brink […]

AI gives, even as it takes away jobs

AI gives, even as it takes away jobs

Image by Google Gemini Image creator, based on a prompt by Gadget. A year ago, as the hype around generative artificial intelligence (AI) was reaching a crescendo, investment bank Goldman Sachs predicted it would replace 300-million existing jobs. That was well up from the World Economic Forum’s “The Future of Jobs Report 2020,” which had said AI would replace 85-million jobs within five years. However, it tempered this forecast with the expectation of 97-million new jobs.

Clearly, such predictions are a thumb-suck, and have rightfully been derided. So, by the time the WEF produced the 2024 version, it had come […]

Automated Converting Equipment

Automated Converting Equipment

The newest equipment utilizes technology to meet the quality demands and fast turnaround times of today’s brands.

The term “game-changing” has been casually thrown around for many years, especially regarding new label and package printing product launches. In theory, every product has the potential to positively impact a label printing business, making the phrase overused. However, the advent of automated converting equipment really does fit the bill. Why? Because many of today’s converters don’t have the workforce to tackle the work flowing into print shops.

Converters that L&NW talks to cite automation as one of the industry’s hottest trends – mainly […]

Rise of Artificial Intelligence: The Threat of Jobless Future or Better Job Opportunities Through Reskilling and Upskilling

“Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks.”

—Stephen Hawkins

Artificial Intelligence (AI) is the computer science that emphasizes the creation of intelligent machines that work and react like humans. It uses computers to mimic human cognitive processes for decision-making. AI is designed to perform various activities which include speech recognition, learning, planning, problem solving.The rise of Artificial Intelligence (AI) is a double-edged sword when it comes to jobs. There are valid concerns about some positions being automated, […]

The Intersection of IoT and Robotics: Transforming Industries and Workforce

The Intersection of IoT and Robotics: Transforming Industries and Workforce

iot in robotics The integration of IoT in robotics is not just about connecting devices; it’s about creating intelligent systems that can adapt and learn from their environment. These interconnected robotic softwares can optimize processes, predict maintenance needs, and enhance decision-making capabilities by harnessing the power of real-time data exchange and advanced AI algorithms.

From smart factories where robots collaborate with humans to optimize production lines, to autonomous vehicles navigating city streets, the possibilities are endless. As IoRT continues to advance, it promises to revolutionize industries, unlocking new levels of efficiency, safety, and innovation in the ever-evolving automation landscape. get […]

India stares at high youth unemployment as hiring in its behemoth IT sector slows

India stares at high youth unemployment as hiring in its behemoth IT sector slows

Employees work at the headquarters of security system developer Staqu Technologies in Gurugram, India. India is struggling to bring down youth unemployment as a fall in white-collar jobs in the IT sector has left many fresh graduates and young people unemployed.

As automation and artificial intelligence adoption picks up pace, many roles in IT are becoming redundant — a phenomenon that’s not restricted to India.

Data from recruitment firm Foundit showed that online hiring activity for both hardware and software IT plummeted by 18% last year from 2022. India is facing a youth unemployment problem as a decline […]

The Silent Shift: How AI Stealthily Reshapes Our Work And Future

The Silent Shift: How AI Stealthily Reshapes Our Work And Future

Robotic Automation Replacing Humans as tecchnology and Human Job Loss as employees being replaced by … [+] In the shadows of the digital age, a quiet revolution unfolds, reshaping the landscape of work with every passing moment. Artificial intelligence (AI), once the fodder of science fiction and speculative thought, now infiltrates every facet of our professional lives, often in ways so subtle that its impact goes unnoticed until it’s too late. This silent shift sees AI not just complementing human efforts but outright replacing them, leaving a trail of obsolescence in its wake. Thus, let’s delve into the stark […]

How Will Artificial Intelligence Affect Jobs 2024-2030?

How Will Artificial Intelligence Affect Jobs 2024-2030?

Artificial Intelligence (AI) is poised to significantly impact jobs from 2024 to 2030. AI applications like automation and robots are reshaping workplaces, potentially leading to job displacement but also creating new roles that demand expertise in data analysis and machine learning . The evolving landscape may see routine tasks automated, necessitating a shift towards roles requiring technical, creative, and social skills . In the recruitment sector, AI is streamlining processes, enhancing productivity, and altering HR functions, with a projected increase in AI adoption by businesses . Specifically in software engineering, AI is expected to automate many tasks, prompting the […]