Tag: Technology

Q&A with Bethany Hartley on conclusion of 5-year LIFT Network grant cycle

Q&A with Bethany Hartley on conclusion of 5-year LIFT Network grant cycle

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This audio file is brought to you byLoading audio file, please wait. Bethany Hartley (photo provided) SOUTH BEND, Ind. – From Lippert Components in Elkhart to ITAMCO in Argos to Lock Joint Tube in South Bend, companies, employees and their bottom line have benefitted from different programs offered through the LIFT Network and iNDustry Labs.Launched with a $42.4 million grant from Lilly Endowment Inc., the Labs for Industry Futures and Transformation (LIFT) Network, […]

Should Manufacturers Care About Humanoid Robots?

Should Manufacturers Care About Humanoid Robots?

66c360f8fd7dc6c3e3017e27 Brianmay Humanoid robots have generated quite a buzz recently, for two related reasons: The rapid developments in AI, including generative AI. These technologies enable machines to “learn” tasks faster than ever before, interpret situations and react accordingly. What is more, AI could allow us to give machines instructions via our most human way of communication—natural language. Add to this the fact that key components enabling humanoid robots—batteries, perception and motion sensors, motors, actuators—have become cheaper and lighter in recent years.

Humanoid robots have emerged as a critical new frontier for the AI and tech industry. Consider the high-profile […]

Australia’s data-driven future will transform economy and workforce

Australia's data-driven future will transform economy and workforce

Jobs will increasingly involve collaboration with AI systems to enhance decision-making and efficiency (Screenshot via YouTube) The rise of data-driven technologies is profoundly influencing global economic trends, labour markets and the future of work.

This transformation is characterised by data becoming a critical asset, the expansion of the digital economy and the integration of automation and artificial intelligence (AI) across various sectors.

Australia, like many other countries, is experiencing significant changes driven by these technologies, affecting its economy and labour market dynamics. Global economic trends Data as a commodity: In today’s digital age, data has emerged as a vital asset, […]

New Brookings Research: The Last Mile Problem in AI

New Brookings Research: The Last Mile Problem in AI

A new paper from Brookings’ Center on Regulation and Markets that studies the costs and benefits of implementing artificial intelligence systems, and to what extend costly customization is needed to make AI investments worthwhile.

MIT FutureTech Research Scientist Martin Fleming, MIT Postdoctoral Associate Wensu Li, and MIT FutureTech Director Neil C. Thompson focus on how an enormous amount of customization will be needed for AI to move from a few generalist systems to the myriad of specialized systems needed for use throughout the economy. Whether such customization can be justified depends on the performance needs of companies deploying AI systems, […]

Experts warn many professions likely to be replaced by AI in the not-so-far future

Experts warn many professions likely to be replaced by AI in the not-so-far future

Artificial intelligence is a new wave of technology that many people are experimenting with for fun – but some are now using it in their career. TOPICS: AI Jobs Automation Truck drivers Creative destruction Future Employment Technology SALT LAKE CITY (KUTV) — The bright promise of artificial intelligence (AI) is that it will create new jobs and opportunities, but the dark mirror of this future is the professions replaced by AI, leaving people with no job and few prospects.

Even those most optimistic about a future filled with AI admit it will come with its fair share of pain.

"Innovation in […]

Impact of artificial intelligence on the job market.

Impact of artificial intelligence on the job market.

Impact of artificial intelligence on the job market.

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· Follow 4 min read·5 hours ago Introduction Artificial Intelligence (AI) is rapidly transforming industries, economies, and societies. The advancement of AI technologies has the potential to revolutionize the job market, influencing the nature of work, job roles, and employment opportunities. While AI brings numerous benefits such as increased efficiency and productivity, it also raises concerns about job displacement, skill redundancy, and the growing demand for specialized skills. Understanding AI’s impact on the job market is critical, particularly in the context of policy-making, governance, and workforce development. Historical […]

Are Human Jobs Under Threat by AI? A Look at the Future of Work

Are Human Jobs Under Threat by AI? A Look at the Future of Work

The rapid advancement of * artificial intelligence (AI) is changing the landscape of human employment, with some professions at higher risk of replacement than others.

* The term Artificial Intelligence or AI refers to software technologies that enable machines, such as computers or robots, to simulate human thinking and behavior. In other words, it makes smart machines think and behave like human beings.

As AI technology continues to evolve, it raises important questions about which jobs are most vulnerable and how society can adapt to these changes.Recent studies and reports from various organizations have shed light on AI’s potential impact on […]

Automation and Job Markets

Automation and Job Markets

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Ethnic Studies

Definition Automation refers to the use of technology to perform tasks that would typically require human labor, often resulting in increased efficiency and reduced operational costs. The connection between automation and job markets is significant, as advancements in technology can lead to the displacement of certain jobs while simultaneously creating new opportunities in emerging fields. This dual impact shapes the landscape of employment and can influence economic systems globally.congrats on reading the definition of Automation and Job Markets. now let’s actually learn it. 5 Must Know Facts For Your Next Test> The rise of […]

The Future of Work in Central America and the Dominican Republic

The Future of Work in Central America and the Dominican Republic

Panama’s Metro workers with their computers. Photo: Javier Conte for The World Bank DOWNLOAD THE FULL REPORT

Technological progress has the potential to cause significant disruption in labor markets, but also to create new job opportunities for people in Central America and the Dominican Republic . Advances in agricultural and industrial machinery, computers, and now artificial intelligence (AI) have enabled machines to undertake many tasks previously done by humans, which puts jobs at risk.

Far from being a purely destructive force, technological progress and automation can generate employment . In competitive environments, automation can create jobs as price […]

Automating rural manufacturing: The role of AI in enhancing efficiency and quality

Automating rural manufacturing: The role of AI in enhancing efficiency and quality

By Salloni Ghodawat, Director, Ghodawat Consumer Ltd

India, a predominantly agrarian country, has seen a drastic transition in its economic structure in the past several decades. By contributing 17 per cent to the nation’s GDP, the manufacturing industry is emerging as an integral part of India’s economic growth, as reported by India Brand Equity Foundation. While urban cities have always been the core pillars of this growing manufacturing landscape, there has been a shift in focus where the nation is initiating industrial practices in rural areas. Government policies, technological advancements and initiatives to empower rural areas also play an […]