Tag: software

Countdown to Human-Free Construction in Less Than 10 Years

Countdown to Human-Free Construction in Less Than 10 Years

Accelerating sensor and software technology are speeding development of autonomous machines, and contractors need to be learning how to implement technology and retrain workers One of cloud computing’s key contributions to automation will be its ability to use data input from multiple sensors and devices. As the systems become commonplace, they will be the platform that shows contractors how to integrate other technologies. By Nick Hertzman, Content Strategist, Unearth Technologies

Humans have an ancient desire to make machines work for us without intervention. The first successful example dates back over 2,000 years to the Greek mathematician Ctesibius. Plagued by […]

Yes, AI can create more jobs than it destroys. Here’s how

The Luddites and technophobes have a point. Machines do displace workers. Always have. From the cotton gin, machine tools, and punch cards to combine harvesters, industrial robots, and business software. And it is this “displacement effect” that leads to scary forecasts about AI and robots leading to mass technological unemployment and underemployment. Sophia, a robot integrating the latest technologies and artificial intelligence developed by Hanson Robotics is pictured during a presentation at the “AI for Good” Global Summit at the International Telecommunication Union (ITU) in Geneva, Switzerland June 7, 2017. REUTERS/Denis Balibouse But MIT’s Daron Acemoglu and Boston University’s […]

Let’s stop pretending. Automation will annihilate jobs and this is goddamn fantastic.

Let’s stop pretending. Automation will annihilate jobs and this is goddamn fantastic.

The creator of jobs is innovation and the destroyer of jobs is automation — there is no natural reason for these to balance each other out

I’ve been seeing a lot of op-ed type articles recently about how automation will not have a net negative impact on jobs, but may actually create more of them. See here , here and here .

In the long term, this is ridiculous. It all boils down to the fundamental economic equation of supply equals demand. Another way of saying this is: we must consume as much as we produce. In the equation below, […]

AI may be one reason some wages are sinking

Artificial intelligence can mean everything from personal digital assistants like Amazon’s ( AMZN ) Echo to the program that checks you into a doctor’s office, or even a nail salon, before you speak to a human. These features are becoming increasingly ubiquitous in U.S. cities as offices automate many functions. A recent report from consultant McKinsey & Co. predicted about half of all current work activities can be adapted and automated, today.

Now, a new report of 10 major U.S. metropolitan areas from job search site Glassdoor showed the shift is underway as wages slip for jobs where "automation and […]

Growth pangs

Growth pangs

India’s GDP forecast of 6.5 per cent is an impressive number but sadly not enough

The most remarkable achievement in terms of economic progress of the past quarter-century has been China. The People’s Republic of China cast of years of Mao’s idiosyncratic policies and opened up. As a result of this, not only has China become a global economic powerhouse, but it has successfully managed to raise hundreds of millions of people out of poverty and deprivation. One could argue that Chinese economic growth is not equitable, much of the profit has been taken by those who know the […]

Top five jobs most at risk from automation

Top five jobs most at risk from automation

Uber must adhere to transport regulations, says European Court of Justice Tencent ramps up Alibaba competition with Vipshop investment Bitcoin futures experience price surge on Cboe exchange debut While AI and automation technologies eliminated 800,000 low-skilled jobs in 2017, they also created 3.5 million new ones Despite the many scaremongering headlines to the contrary, it has long been known automation creates more jobs than it destroys. Just last year, a Deloitte study looking at the impact of technology on UK employment found that AI and automation technologies did eliminate 800,000 low-skilled jobs, but they created 3.5 million new ones. […]

Automation Is Taking Humanity Beyond A “Jobs Economy,” Utopian Paradise and Dystopian Nightmare?

The future is often envisioned as some scenario between a utopian paradise and a dystopian nightmare. Sometimes, it is a utopia for an elite few and a dystopia for the rest of humanity. Technology almost always plays a central role in determining the fate of the world. As the year 2000 approached, the so-called Y2K Bug fueled fears modern technology would suddenly be lost. At the time, the modern lifestyles of those living in the developed world were increasingly dependent on technology. A programming oversight, i.e. the truncation of the year by the majority of software, had the potential […]

For Artificial Intelligence, the Future Is Now

For Artificial Intelligence, the Future Is Now

Watershed technologies like AlphaGo make it easy to forget that artificial intelligence (AI) isn’t just a futuristic dream. It’s already here — and we interact with it every day.

Sensing traffic lights, fraud detection, mobile bank deposits, and, of course, internet search — each of these technologies involves AI of some kind. As we have grown used to AI in these instances, it has become part of the scenery — we see it, but we no longer notice it. Expect that trend to continue: As AI grows increasingly ubiquitous, it’ll become increasingly invisible.

Major advancements in technologies dependent on AI — […]

David autor will automation take away all our jobs summary

Eighteen See the complete profile on LinkedIn and discover Natasha’s connections and jobs at similar companies. People who use the term typically expect that technological progress will have no long term impact on employment levels, and eventually will raise wages for all workers, because progress helps to increase the overall wealth of society. Food Industry, Activists, Always Be, Customer Service, Robots, Heavens, Mars, Robotics, Robot Will automation take away all our jobs? | David Autor. Submissions must be future focused; Images must be infographics, captioned galleries, or contained within a captioned self post; no gifs; No spamming – this […]

The Year the Robots Came for Our Jobs

The Year the Robots Came for Our Jobs

Last month, a brief video was uploaded to YouTube that fills me equally with delight and dread. A robot with the physical build of an NFL linebacker and the agility of a wide receiver leaps from a standstill onto a waist-high wooden block. It makes a deft 180-degree hop, then crouches, backflips onto the floor, and raises its arms in triumph. Welcome to the uncanny valley . Atlas, which its creator, Boston Dynamics, calls “the world’s most dynamic humanoid,” is designed to operate in a human environment. “Atlas’ ability to balance while performing tasks allows it to work in […]