Automation causes trade

Automation causes trade

David Levey pointed me to a Samuel Hammond review of a book by Oren Cass , who is a conservative critic of neoliberalism: Accelerating productivity and automation aren’t to blame for working class woes, either. On the contrary, despite prophecies of robots rendering work obsolete, Cass marshals convincing data to show U.S. manufacturing productivity has essentially stagnated. More importantly, whether job destruction is from automation and globalization has very different implications. When a factory automates a process, output per worker rises and local labor demand may even increase. But when a worker is dislocated by trade, Cass notes, “the […]

The AI Survival Guide For Leaders

The AI Survival Guide For Leaders

Pexels Pexels Artificial intelligence’s takeover is not an impending possibility — it’s here. We use GPS without a thought, accept guidance from customer service bots, and our interests quickly turn into smartphone recommendations. From these experiences, I can’t help but connect the dots to the impact they will have on the passion I hold professionally dear: leadership.

These observations are just a subset of the impact of automation on leadership, and thus, this article will likely be the first of several that I will occasionally publish to share my reflections.

Real-Time Data On the surface, this is an already ubiquitous […]

Knapheide helping lead hunt for more welders

Knapheide helping lead hunt for more welders

Jeffery Noble Herald-Whig

QUINCY — First, the good news.

Knapheide Manufacturing Co., the longtime Quincy company that is a leading producer of truck bodies and truck beds. Business has been especially booming the past seven or eight years, once the country had worked itself through the most-recent recession that ended around 2010.And the bad news?The company cannot attract enough people to fill openings, particularly in some of the skilled trade positions. That’s especially true in welding."We could hire 40 welders today," said Jim Rubottom, vice president of human resources and a 29-year employee at Knapheide. "Young people are just not that […]

Why AI Creates Jobs And New Work Opportunities

Why AI Creates Jobs And New Work Opportunities

Right now, we’re living on the precipice of a fourth industrial revolution. The first industrial revolution brought us steam power and machinery. The second brought electrical power, and with the third came the internet.

Which brings us to number four. But this new revolution, driven by artificial intelligence and automation, is taking a different tack from the previous ones. Those movements were all about introducing new technologies and new ways of working and then dropping them on top of how we did things already. This new revolution is about the fusion of people and technology, blurring the lines between the […]

AI and Automation Will Replace Most Human Workers Because They Don’t Have to Be Perfect—Just Better Than You

AI and Automation Will Replace Most Human Workers Because They Don't Have to Be Perfect—Just Better Than You

Sawyer the Robot will work for the equivalent of $4 per day. And he’s never in a bad mood. Can you compete with that? Route 9 skims by Boston and cuts clear across Massachusetts to Pittsfield, a city of roughly 50,000, the largest in Berkshire County. Well east of Pittsfield, Route 9 becomes Worcester Road, named for a city that in earlier times was the nation’s largest manufacturer of wire—barbed wire, electrical wire, telephone wire and the wire used in the making of undergarments by the Royal Worcester Corset Co., once the largest employer of women in the United […]

Intelligent machines prepare to take over your treasured job

Intelligent machines prepare to take over your treasured job

Picture this: You are cruising along Uhuru Highway and all of a sudden, your car comes to a halt exactly two metres from the car in front of you without you having hit the brakes. After 30 minutes on the road, you arrive at the main entrance of your workplace at the exact time the car informed you when the journey started.

ALSO READ: County eyes 600 jobs with new textile factory

You disembark and make your way to your office just in time to see the car park itself as you peer through the window to confirm that […]

How Singapore enterprises can rise to the digitalisation challenge

How Singapore enterprises can rise to the digitalisation challenge

These days, it is hard to avoid the topic of digitalisation when you read any expert commentary, business book, or newspaper headline. The benefits from technologies such as Internet of Things, Big Data Analytics, Robotic Process Automation, and AI-enabled chatbots are clear: Firms can save costs from automating manual processes, gain deeper, real-time insight into their customers, and rapidly scale their reach to new markets. Yet, many enterprises are still concerned about how they can participate fully in a digital economy.

Small and Medium enterprises (SMEs) are defined in Singapore as organisations with operating receipts of less than SGD 100 […]

Burgerbot startup Creator hires inventor of Boston Dynamics’ Big Dog

Burgerbot startup Creator hires inventor of Boston Dynamics’ Big Dog

Disney Imagineering animatronics wizard Dr. Martin Buehler is a legend in the robotics world. His work leading development of the galloping Big Dog quadruped at Boston Dynamics both inspired and terrified a new generation of makers. But after playing in the worlds of fantasy and science fiction that consumers can’t buy, Buehler has been poached to work on something much more tangible. In fact, it’s edible. He’s joining burger-making robot startup Creator as VP of engineering.

“It was a great experience working on experimental validation [at Boston Dynamics]” Buehler tells me, “But one of the things I really value at […]

Amazon employees are now being replaced by ROBOTS

Amazon employees are now being replaced by ROBOTS

Amazon’ s warehouses will be staffed by less humans and more robots over the busy Christmas period, a leading analyst has claimed.

The retail giant recruits thousands of additional employees every year to help meet the increased demand of the festive period.

Amazon is only recruiting an additional 100,000 people for this year, down 20,000 from the two previous Christmases.Citi analyst Mark May told CNBC that this is likely a early sign of the increased automation at Amazon as it lessens its reliance on human employees.Amazon has endured several controversies surrounding working conditions in its fulfilment centres with claims of staff […]

The future of work is more human than you think

The future of work is more human than you think

Forget the job coach. If you really want to know how to future-proof your career, your best bet is the World Economic Forum (WEF) Future of Jobs Report 2018 .

The report confirmed most of the things we already knew: that automation and machine learning are set to create as many jobs as they displace , that the gig economy and flexible contract work will become standard, and that knowledge of data science is going to be a key differentiator in the job market over the next few years.

With more than two years having passed since the first Future of […]