Tag: Technical

Will automation become the next job killer?

Will automation become the next job killer?

Automation is on track to become the ultimate job killer. In fact, much like the industrial revolution 200 years ago, the automation of human tasks is revolutionising both the workplace and society. What this means for the manufacturing sector can be both thrilling and frightening depending on whose point of view you take.

According to a recent article in phys.org, the fear of losing our jobs to machines is not new. With some forecasts indicating that within 20 years, 35 per cent of all UK jobs are at risk of vanishing from automation, it might be a good time to […]

MORADI | Automation Nation

MORADI | Automation Nation

Ah, springtime. The sun is (relatively) out, flowers are blooming, birds are singing and nearly half of American jobs are at risk of being completely eradicated due to automation.

Automation is hitting the U.S. job market as suddenly as that segue. An oft-cited 2013 study by economist Carl Frey and computer scientist Michael Osborne estimates that 47 percent of American employment is at high risk of being entirely automated. The most automatable jobs are fairly obvious: repetitive manufacturing jobs, telemarketing and occupations that deal mostly with clerking top the list. Some jobs, though, are surprisingly automatable: models and real-estate brokers, […]

Please stop saying I’ll be replaced by a robot

Please stop saying I'll be replaced by a robot

We should not fear smarter thinking machines as these will free us to focus on performing even better

I suppose I could sit here and fret over a day in the not-too-distant future when a robot powered by artificial intelligence(AI) will spit out newspaper columns like this one, rendering redundant columnists like me. After all, there have been reports that computers can already churn out news reports that read almost as well as those written by journalists, and in a fraction of the time taken.

The thought of being replaced by software is depressing and, I might add, self-defeating.That is […]

Are you ready for the ‘robocalypse’ coming to manufacturing?

Are you ready for the ‘robocalypse’ coming to manufacturing?

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Share this article Automation is the newest buzzword on everyone’s lips when it comes to manufacturing. Is it reliable? Will it really replace humans effectively? Will there be a pushback from consumers?

Apprehensive questions abound, but many are born out of misunderstanding the spread of automation, or overly-optimistic forecasts over how quickly "the turnover" will actually eclipse flesh-and-blood workers.The idea of using machinery to increase efficiency is hardly new — the Industrial Revolution was a major turning point in America’s history, after all — but advances like nuanced sensors and AI are unveiling capabilities we couldn’t have dreamed about […]

Make in India: Importance of Robotics in the manufacturing segment, and how it can still create jobs

Make in India: Importance of Robotics in the manufacturing segment, and how it can still create jobs

Image: Reuters By Somshubhro Pal Choudhury and Anil Paranjape

Editor’s Note: This is part 2 of a two-part series on the role of productivity in making ‘Make In India’ a successful program. You can read Part 1 here .

Case for Robotics in Industry 4.0 Automation and robotics technologies are in their infancy in Indian medium-size factories since technical feasibility and return on investment (RoI) are preconditions for deployment. Factories review RoI basis a 2-3 year horizon, which becomes a difficult RoI with the cheap cost of labor.RoI needs to be examined basis higher output levels, better […]

Why CIOs should care about robots stealing jobs

Why CIOs should care about robots stealing jobs

Credit: Thinkstock There’s a lot of talk these days about how robots, software, and artificial intelligence will (or won’t) steal jobs. On one side of the debate you find denialists, like U.S. Treasury Secretary Steven Mnuchin, who believes that widespread impact on jobs is “50 or 100 years” away. On the other side, you find steadfast pessimists: Analysts who believe that robots will replace as many as half the jobs in the economy, like Oxford scholars Carl Frey and Michael Osborne, or Martin Ford, author of Rise of the Robots.

Each of these views holds elements of truth, but both […]

Brave New World – How Technological Innovation Will Shape the Next Decade

Brave New World – How Technological Innovation Will Shape the Next Decade

HAVE you ever read an article about a new gadget that is set to take over the world?

If you have but the most tenuous grasp on technology affairs, you’ll have been bombarded with content about Artificial Intelligence, Robotics, Internet of Things, Automation and many other topics. You’ll have been left with your fair share of questions.

These are mine: How can I know what tech trend will stick around? Is there a way of knowing how our lives are likely to be affected in the next 10 years? Will our future be a mashup of the Matrix with iRobot? […]

A Future That Works: Automation, Employment, and Productivity

A Future That Works: Automation, Employment, and Productivity

View & Download Advances in robotics, artificial intelligence, and machine learning are ushering in a new age of automation, as machines match or outperform human performance in a range of work activities, including ones requiring cognitive capabilities.

In this report, part of our ongoing research into the future of work, we analyze the automation potential of the global economy, the factors that will determine the pace and extent of workplace adoption, and the economic impact associated with its potential. Automation of activities can enable businesses to improve performance, by reducing errors and improving quality and speed, and in some cases […]

More robots, fewer jobs?

More robots, fewer jobs?

Lately we have been inept at creating new employment-generating sectors Our burgeoning young population is clearly struggling for jobs, despite being in the world’s fastest growing economy. More than 30% of Indians aged 15-29 are neither in employment nor in any training or education, according to a recent survey by the OECD. This added to the gloomy state of employment, for only in March the All India Council for Technical Education had said that more than 60% of the eight lakh engineers graduating from technical institutions across the country every year remain unemployed.

Bridging this employment gap could become an […]

Working with Robots: Human and Machine Coexistence in the Workforce

Working with Robots: Human and Machine Coexistence in the Workforce

Credit: whiteMocca/Shutterstock The pervasive fear that artificial intelligence (AI) will take over human economic livelihood has been felt in places like the manufacturing sector, as large swaths of the industry automate labor formerly done by humans . However, proponents of machine learning say ultimately AI and robotics will improve the way we do virtually everything, and ultimately create new jobs.

Still, nearly 40 percent of U.S. jobs were slated as a "high risk" for automation by the early 2030s in a March 2017 report by PricewaterhouseCoopers (PwC). While the PwC report acknowledges it’s unlikely all those jobs will be automated […]