High demand for robotics skills in post-Corona recovery

High demand for robotics skills in post-Corona recovery

By 2022, an operational stock of almost four million industrial robots are expected to work in factories worldwide. These robots will play a vital role in automating production to speed up the post-Corona economy.

Robots are driving demand for skilled workers, according to the International Federation of Robotics (IFR), and so educational systems must effectively adjust to this demand.

IFR President Milton Guerry said: “Governments and companies around the globe now need to focus on providing the right skills necessary to work with robots and intelligent automation systems. This is important to take maximum advantage of the opportunities that these technologies […]

Post-Corona Recovery: High demand for “Robotics Skills”

Post-Corona Recovery: High demand for “Robotics Skills”

By 2022, an o perational stock of almost 4 million industrial robots are expected to work in factories worldwide. These robots will play a vital role in automating production to speed up the post-Corona economy. At the same time, robots are driving demand for skilled workers. Educational systems must effectively adjust to this demand, says the International Federation of Robotics.

“Governments and companies around the globe now need to focus on providing the right skills necessary to work with robots and intelligent automation systems,” says Milton Guerry, President of the International Federation of Robotics . “This is important to […]

Increasing Automation Provides Scope for RPA Jobs

Increasing Automation Provides Scope for RPA Jobs

Robotic process automation (RPA) today is progressing rapidly in practically all the fields, not in a minute but every second. With this quick advancement in technology, huge development has been seen worldwide in the automation industry. The use of automation tools is in constant development and it is anticipated for more growth in the future.

The robotic process automation is one of the major transformations in the automation industry, and it is likely to reach higher potential concerning utilization and staff performance in the upcoming year. Robotic process automation especially focuses on the process automation of those enterprises which are […]

Report: Wide use of self-driving vehicles ‘at least’ a decade away

Report: Wide use of self-driving vehicles ‘at least’ a decade away

Driverless vehicles will take at least ten years to deploy over large areas, and adoption will occur at different rates across the country, according to an MIT research brief .

“We expect that fully automated driving will be restricted to limited geographic regions and climates for at least the next decade,” the authors write.

The brief, released Wednesday, was published by a university task force created two years ago to examine the future of work during an “age of innovation.”As such, a significant portion of the report is dedicated to the jobs impact of autonomous deployment, an impact the authors state […]

What do AI users really think it’s capable of?

What do AI users really think it's capable of?

(Image credit: Shutterstock / Ryzhi)

It’s safe to say we’ve been distracted for the last few years. While a tumultuous political, social and economic landscape has seized Britain, in the background a technological revolution has been taking place. No longer a futuristic concept, artificial intelligence (AI) is making its way into our lives right now.

Self-learning machines are already found in devices and cloud services used by three in four global consumers. They’re also dictating which media we consume, how we communicate with each other and what our jobs entail. Could human intelligence soon be replaced?Perhaps not. There are a […]

Jobs automation in East Africa, the risk of unemployment

Jobs automation in East Africa, the risk of unemployment

Technology is greatly impacting the world of work as we know it and the future can only be assured to those who evolve with the times.

In addition to technological advances, globalization, demographic shifts and the impact of the social media are also contributing to the fast-paced changes to how we earn a living today.

While technology has made everything easier, it is also creating new opportunities and challenges for individuals and organizations seeking to ride the wave of change.Just like in the rest of the world, many of the transformations in the work world will considerably impact jobs and East […]

Automation and the Future of Employment

Automation and the Future of Employment

Are robots going to steal your job? No. However, they already have. Think about it. From customer service to transportation, there are tons of instances where machines have replaced humans. Both automation and artificial intelligence are going to significantly impact the job market of the future.

Automation is not a new concept. Think about the industrial revolution. The increased accessibility to machinery eliminated many employment opportunities. Automation vs. AI

People often get confused about the differences between AI and automation . By definition, automation is the implementation of hardware or software that allows for automated actions. In contrast, artificial intelligence […]

Jobs that might not exist in 50 years

Jobs that might not exist in 50 years

With more than 40 million Americans unemployed amid the coronavirus pandemic, there are thousands of jobs 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 .

In addition to fewer jobs being available in certain sectors, other employment sectors as a whole are at […]

A Fully-Automated Economy Should Not Be the Goal

A Fully-Automated Economy Should Not Be the Goal

By now, even casual consumers of business news are aware of the emerging maxims regarding “the future of work” in the wake of COVID-19, and the economic and employment shocks it has thrust upon the global economy. The predominant orthodoxy can be summed up as follows: “The robots are here to stay .”

Robotic process automation, and organizations’ abilities to harness the benefits it promises, was already a disruptive economic force before COVID-19. Its benefits were easy enough to define: the reduction of human error, the effective elimination of time-consuming tasks, and higher overall levels of productivity for lower (long-term) […]

Sundin column: Is capitalism sowing the seeds of its own destruction

Sundin column: Is capitalism sowing the seeds of its own destruction

In his treatise, “The Wealth of Nations” (1776), Scottish economist Adam Smith laid the foundations of classical free-market economic theory. He postulated that rational self-interest and competition can lead to economic prosperity for all, and that pursuing our own self-interest unintentionally benefits society as a whole. But he was wary of businessmen and warned of collusion among them forming conspiracies and monopolies to increase prices as high as they could. He further warned that a business-dominated political system would further the interests of business and industry over consumers by influencing legislation. He pointed out that their interests differ from, […]