Tag: Technology

Investing in robotics and automation: Why bother?

Investing in robotics and automation: Why bother?

In the second of our new series of articles about investing in robotics and automation, Brian Gahsman, managing partner and chief investment officer at GBSfunds.com , explains why his company, Gahsman Branton, is interested in investing in the robotics and automation market

Organovo (ONVO)PTC Inc. (PTC)Keyence (6861 JP)04080120160

Source: Gahsman Branton Check out realtime stock prices for companies in the robotics, automation and relating computing sectors Robotics and Automation News: What is it about investing in the robotics and automation sector you find attractive? Brian Gahsman: Years ago, one of my main focuses of investment was […]

The human omission

It’s hard to conceive of a more fundamental topic than the future of work. Economists have grappled with it for centuries. Now slow growth, rising inequality and rapid technological change have raised a new, urgent question. Will robots free us from boring labour, or will they leave many workers permanently redundant?

Ryan Avent’s “The Wealth of Humans” manages to be both optimistic about innovation and gloomy about its consequences. This wide-ranging and highly readable book echoes famous tracts by tackling the biggest challenges facing the human race. The title is a nod to Adam Smith’s “The Wealth of Nations” – […]

The human omission

It’s hard to conceive of a more fundamental topic than the future of work. Economists have grappled with it for centuries. Now slow growth, rising inequality and rapid technological change have raised a new, urgent question. Will robots free us from boring labour, or will they leave many workers permanently redundant?

Ryan Avent’s “The Wealth of Humans” manages to be both optimistic about innovation and gloomy about its consequences. This wide-ranging and highly readable book echoes famous tracts by tackling the biggest challenges facing the human race. The title is a nod to Adam Smith’s “The Wealth of Nations” – […]

63% of Indian Employees Believe That Automation Will Take Over Process-Based Work

63% of Indian Employees Believe That Automation Will Take Over Process-Based Work

Automation has been a big talk in India for a couple of years. It would not be wrong to say that this will bring revolution to the economy and profits to the businesses. But, Indian workplaces are most likely to be replaced by automation resulting in a loss in number of jobs. ADP, a US based HR firm researched and took a survey in Indian offices and found that 63% people believe that automation and artificial intelligence is going to take over jobs based on process and repetitive work.

But, it did not deter them as 61% of them welcome […]

Basic Income Might Be The Answer To Society’s Productivity Crisis

Basic Income Might Be The Answer To Society's Productivity Crisis

With the decline of manufacturing jobs, and the onset of automation to take over almost all kinds of work, society is on the hunt for a long-term, scalable solution to our future productivity.

What will happen to displaced workers? How will mass unemployment hurt our increasingly globalized economy?

One concept, a universal basic income, has been debated by thinkers as far back as the 16th century . The theory suggests that a flat income, given to every citizen regardless of employment or societal status, will allow society to pursue the work it really believes in. Can a monthly universal stipend help […]

How computer automation affects occupations: Technology, jobs, and skills

How computer automation affects occupations: Technology, jobs, and skills

A popular notion is that computer automation leads to major job losses. However, this ignores the dynamic economic responses that involve both changing demand and inter-occupation substitution. Using US data, this column explores the effect of automation on employment growth for detailed occupational categories. Computer-using occupations have had greater job growth to date, while those using few computers suffer greater computer-related losses. The real challenge posed by automation is developing a workforce with the skills to use new technologies.

Automation has become a concern not just for blue-collar manufacturing workers, but also for white-collar workers and even professionals. New computer […]

Automation: It’s All About the Workflow

10 Surprising Ways Automation Can Simplify IT

The enterprise is quickly heading into the era of workflow automation with dreams of placing all the mundane, routine tasks of running a business in the hands of intelligent software while humans get to do the fun, creative stuff.

While the effects of this on employment are hotly debated, the fact remains that the technology is quickly coming of age and the enterprise needs to prepare for it or risk losing out to automated rivals.According to Marlon Miller, director of workflow automation at Xerox Corp., the first challenge is to determine the kind […]

How to Protect Workers From Job-Stealing Robots

How to Protect Workers From Job-Stealing Robots

A robot and a human work side by side. There is a lively debate happening across various corners of the internet and the hallways of academia: In the coming decades, will advances in Artificial Intelligence (AI) render human labor unnecessary?

At first blush, economic data suggest little reason to worry. American businesses in recent years have needed more and more humans: 15 million new private-sector jobs have been created since early 2010. At the same time, what economists refer to as labor productivity (economic output per human hour worked) has grown disappointingly slowly. If robots were on track to replace […]

Robots versus immigrants: which group would “steal” the most British jobs?

Robots versus immigrants: which group would “steal” the most British jobs?

Angry robots surrounded by EU stars By 2035, you’ll be lucky to have a job. According to the Bank of England’s chief economist , nearly half of all British workers will be replaced in the next two decades. But by who?

If you base all of your worldly judgements on the rants of your drunk uncle Nigel and the fact you can now get pierogi in Tesco, then the answer is easy: immigrants.

If you pay closer attention to global trends (and the self-checkout machine you use to buy your pierogi in Tesco), then the answer is very different: robots.As far […]

Will IoT and robotics mean less work for farmers?

Will IoT and robotics mean less work for farmers?

Decline in unskilled workers may be offset by technology-centric roles.

Will the Internet of Things and robotics lead to a reduction in agriculture jobs in the future? According to a panel of industry experts, the goal of these emerging technologies is not to replace a human workforce, but to augment it.

The experts shared their thoughts at the recent IoT and AgTech Summit in Sydney, co-hosted by KPMG and the Australia-Israel Chamber of Commerce (AICC).“Our aim with technologies such as robotics is not to replace the farmers themselves, but to make them more productive, give them decision support tools for […]