Are robots eating our jobs? Not according to AI

Are robots eating our jobs? Not according to AI

Automation has been gradually transforming the workplace for years (think Excel spreadsheets or chatbots). As artificial intelligence (AI), machine learning and deep learning systems that can learn from each other become more prevalent and smarter (think Alexa or IBM Watson), they continue to replace more manual, repetitive job tasks. Consequently, automation and robots are changing more jobs globally at breakneck speed.

A McKinsey Global Institute report suggests that between 400 million to 800 million jobs worldwide will be lost due to automation by 2030. The report claims that the U.S. could lose between 16 to 54 million jobs by 2030. […]

Automation Technologies: The Future of Business Here Today

Automation Technologies: The Future of Business Here Today

Automation Technologies: The Future of Business Here Today 1 By Dijam Panigrahi is Co-founder and COO of Grid Raster Inc.

It’s important to stay ahead of the curve when it comes to technology especially as it can make or break a company’s efficiency and bottom line. With that in mind, businesses should be aware of the latest trend: automation technology. Deemed as the number-one trend by Gartner in 2020, automation technology is the future of business.

Automation technology can be programmed to complete logical processes for a particular business. This grouping includes, but is not limited to, robotic process automation […]

Malta: Post-COVID Survival Toolkit: Business Process Automation

Malta: Post-COVID Survival Toolkit: Business Process Automation

Success in today’s complex global markets requires unprecedented levels of speed, accuracy and cost efficiency, beyond what a human workforce can achieve. We are living in challenging times yet packed with opportunities to re-analyse processes and prepare for a new approach; deploying technologies throughout digitisation projects to reduce costs and achieve leaner operations. Digital workforce, the term given to the continuum of technologies ranging from automating activities such as copying and pasting content from one system to another, right up to cognitive solutions that can ‘think’, learn and reason like humans, is no longer a consideration but a mandate. […]

The Increased Use of Robotics and AI Can Help Create New Jobs

The Increased Use of Robotics and AI Can Help Create New Jobs

Robots have been able to supplant humans to help stem the tide of coronavirus infections and artificial intelligence has been able to interpret data related to Covid-19 at alarming speed. While this might seemingly pose a threat to jobs, the disruption could actually help create new jobs, according to a Venture Beat article .

“Contrary to some beliefs, I see robots as creating vast amounts of new jobs in the future,” said Slamcore co-founder and CEO Owen Nicholson. “Just like 50 years ago a website designer, vlogger, or database architect were not things, over the next 50 years we will […]

Leveraging Tech for the Re-Industrializing of America

Leveraging Tech for the Re-Industrializing of America

As far back as the 1980s, there was a great deal of public handwringing over a development that became known as the “hollowing out” of America’s economy. This meant that the country’s manufacturing sector was deteriorating because companies were opting to shift their production to low-wage factories overseas, leaving the nation without robust production capabilities while posing a threat to full employment.

That phenomenon was not unique to the United States. Japan and other developed countries also followed a similar shift of production to emerging countries where labor costs were a fraction of what was being paid at home. After […]

Millions of jobs to be gained

Millions of jobs to be gained

“Crises have a way of accelerating trends already in motion, and the Covid-19 pandemic has proven no exception. Our data shows that two years’ worth of digital transformation have been concentrated into the past two months,” it said on 30 June. The final weeks of March alone saw as much broadband traffic as could be expected in a full year, it added.

Technologies powered by artificial intelligence (AI) are ushering in an era of automation and disruption, which is now widely described as the fourth industrial revolution (4IR), incorporating cloud computing, robotics, advanced wireless technologies and the Internet of Things.

But […]

‘Judge, a robot stole my job’ – Spain’s courts take on automation in the workplace

‘Judge, a robot stole my job’ – Spain’s courts take on automation in the workplace

A robot serves a coffee at the 2019 Mobile World Congress in Barcelona. Cecilia had been working as an accounting officer at a hotel in Las Palmas in Gran Canaria for 13 years when she was fired by her company. The reason for the sacking was the purchase of a new computer system capable of doing all her work and that of her team without stopping even for a break. This is not an isolated case. According to the Organisation for Economic Cooperation and Development (OECD), half of all jobs in Spain are at risk of disappearing or of […]

How robotics and automation could create new jobs in the new normal

How robotics and automation could create new jobs in the new normal

Transform 2020

Depending on who you ask, AI and automation will either destroy jobs or create new ones . In reality, a greater push toward automation will probably both kill and create jobs — human workers will become redundant in certain spheres, sure, but many new roles will likely crop up. A report last year from PA Consulting, titled “ People and machines: From hype to reality ,” supports this assertion, predicting that AI and automation will lead to a net gain in job numbers. This is pretty much in line with findings from The Organization for Economic […]

AI won’t replace humans, just like computers didn’t

Experts are confident that artificial intelligence will operate hand in hand with humans in the workplace, not take their jobs.

With everything else that’s been going on in our busy lives, it’s been easy for humans to forget about the oncoming technological storm. As automation creeps into factories, workplaces and homes, artificial intelligence is making itself part of day-to-day life in numerous industries. Already deployed in devices used by three-quarters of global consumers, self-learning machines are observing the way we live, and copying the way we complete tasks.

In many ways, we’re already letting the machines take over…Should we fear this […]

Jobs that might not exist in 50 years

Jobs that might not exist in 50 years

ery, thousands of jobs are unlikely to ever return. Whether that’s because In a 2016 op-ed for the Los Angeles Times, Steven Greenhouse (labor and workplace reporter for the New York Times from 1995 to 2014) predicted that the rise of automated cars will erase 5 million American jobs. Few are expected to be hit harder than taxi drivers, who face unemployment not only from driverless vehicles, but also from ridesharing apps like Uber. Forbes reported on a study that suggests many cabbies will be forced to join the enemy, and become Uber drivers themselves. As early as 2016, […]