Tag: Technology

Automating your plant: A Solution for the employment and retention issue

Automating your plant: A Solution for the employment and retention issue

In August 2021, Kentucky had the highest quit rate in the United States, according to the U.S. Bureau of Labor Statistics . Today, the national turnover rate is almost 10% of the workforce.* It is difficult to find reliable employees in 2024: The landscape of manufacturing has undergone a significant transformation, and this shift has sparked debates about its impact on employment.

However, rather than eliminate jobs, automation in manufacturing plants has proven to be a catalyst for filling open positions and addressing workforce shortages. Why not investigate automation solutions where employment and retention are an issue? Automation creates more […]

How Automation Influences the Future of Work

How Automation Influences the Future of Work

The integration of artificial intelligence (AI) into the workplace is no longer a matter of future speculation—it’s an evolving reality reshaping industries and job roles. Katharina Grienberger, a labor market researcher, probes the extent to which various professions could technically be substituted by machines, offering fresh insights into future trends.

Professions across the spectrum, from editorial roles to specialized technical jobs, are experiencing the impact of tools like ChatGPT . These innovative AI applications do not only enhance productivity but also provoke questions about the future of human employment in certain sectors. According to the data, the rise of AI […]

The Future of Autonomous Vehicles in Transportation Industry

The Future of Autonomous Vehicles in Transportation Industry

The Future of Autonomous Vehicles in Transportation Industry

Rozwój technologii bezzałogowych pojazdów w przemyśle transportowym The advancement of autonomous vehicle technology is shaping the future of the transportation industry. Unmanned aerial vehicles and drones are paving the way for a revolution in how we move and transport goods.

Autonomous aircraft and drones have immense potential in logistics, enabling faster delivery processes, cost reductions, and increased safety through cutting-edge technologies like artificial intelligence, sensors, and navigation systems.Moreover, autonomous vehicles can play a significant role in providing public transportation. Concepts like self-driving taxis and buses are gaining interest from various transport companies […]

The 10 Slowest-Growing Careers That Still Pay Well — for Now

The 10 Slowest-Growing Careers That Still Pay Well — for Now

A mailman delivering mail. In today’s rapidly evolving job market, certain careers that traditionally offered security and high pay are now experiencing slower growth. Technological advancements, shifts in consumer behavior, and economic changes are reshaping the landscape.

Whether its because AI is becoming more incorporated into that, or not much promotion growth, or simply because the times are changing — these jobs still hang a decent salary despite these disadvantages. GoBankingRates looked at data from ZipRecruiter, Indeed, and Salary.com to find the average income being made with these jobs in the United States as of 2024. Here’s a look at […]

The Future of Work in the AI Era: New Challenges and Opportunities

The Future of Work in the AI Era: New Challenges and Opportunities

The Future of Work in the AI Era: New Challenges and Opportunities 1 Explore how AI reshapes employment, emphasizing new skills and leadership in an evolving workplace. Discover the dual impact of AI on jobs and growth.

As artificial intelligence (AI) technology continues to evolve, its impact on the workforce is both promising and complex, ushering in a new era of job creation, transformation, and necessary adaptation. At the heart of this evolution is the dual nature of AI as both a tool for job automation and a creator of new job opportunities, necessitating a nuanced understanding of its implications […]

Robots coming to Walmart warehouses

Robots coming to Walmart warehouses

Automation improves workplace safety, makes job easier for associates, says company Walmart Canada will soon have robots working at its warehouses in Ontario, according to a report.

The multinational retail corporation is introducing material handling robotics and automation technologies that, it says, will keep “operations bustling” and improve ergonomics for associates.

This comes after the employer piloted its automated receiving solution at their Regional Distribution Centre (RDC) in Calgary in Alberta back in March."We’re super excited about what we’ve done in Calgary and we’re super excited to scale that and get it into our other sites," said Matt Kelly, Walmart Canada’s […]

Amazon, Microsoft, and Other Tech Stocks in Focus Today

Technology stocks are holding steady after taking a knock earlier this week.

Futures for the tech-heavy Nasdaq Composite slipped 0.1% in early trading, following a 1.7% gain in the previous session. The index dropped on Wednesday, when hot inflation data lowered the chances of Federal Reserve interest-rate cuts coming soon. Lower interest rates tend to boost tech stocks, and the prospect of rates staying higher tends to hurt them.

Here’s… An Amazon executive said it’s not true that robots steal humans’ jobs. Dreamstime Technology stocks are holding steady after taking a knock earlier this week.Futures for the tech-heavy Nasdaq Composite slipped […]

Navigating the AI Revolution: Tina Huang’s Insights on Job Displacement and Adaptation

Navigating the AI Revolution: Tina Huang’s Insights on Job Displacement and Adaptation

Written by Staff

In a frightening talk on the implications of artificial intelligence (AI) for the workforce, Tina Huang, a Data Scientist and popular YouTuber, focused a recent video on the evolving relationship between automation and employment. Drawing from her extensive expertise in the field, Huang embarked on a comprehensive analysis, dissecting the nuances of AI-driven disruption and illuminating pathways for adaptation in an era of technological upheaval.

Addressing her audience captivated by the promise and peril of AI, Huang began by contextualizing the prevailing anxieties surrounding job displacement in the face of automation. “The specter of AI-induced job loss […]

Top Amazon exec says it’s a ‘myth’ robots steal jobs

Top Amazon exec says it's a ‘myth' robots steal jobs

A robot prepares to pick up a tote containing product at the Amazon Robotics fulfillment center on April 12, 2019 in Orlando, Florida. Stefano La Rovere, director of global robotics, mechatronics, and sustainable packaging at Amazon, said that rather than replacing jobs, robotics and other technologies are enhancing people’s roles.

"It is a myth that technology and robots take out jobs," La Rovere told CNBC’s "Street Signs Europe" Thursday.

Amazon says introduction of new technologies has enhanced more than 50,000 jobs across its fulfillment centers in Europe. A top Amazon executive told CNBC Thursday that it’s a "myth" that […]

Outsourcing founder explains why a Manhattan restaurant uses a staffing firm in the Philippines that pays cashiers a few dollars an hour: ‘The cost is admittedly cheaper than the U.S.’

Outsourcing founder explains why a Manhattan restaurant uses a staffing firm in the Philippines that pays cashiers a few dollars an hour: ‘The cost is admittedly cheaper than the U.S.’

Fast-food chains have increasingly relied on automation to save on labor costs. Trying hard to stay afloat in a restaurant industry spending 36% of its cash on labor and with minimum wage creeping to $16, a cadre of local New York City chains have found a shrewd way to save: enlisting the help of cashiers video calling in from the Philippines and paying them way less.

At Sansan Chicken , a fried-chicken joint in the East Village and Long Island City, cashiers on a large screen greet customers and answer questions they may have about the menu or their self-service […]