Germany’s Hannover Messe kicks off, focusing on industrial sustainability

Germany's Hannover Messe kicks off, focusing on industrial sustainability

An industrial welding robot of Siasun Robot and Automation Co Ltd is seen at Hannover Messe 2024 in Hannover, Germany, April 22, 2024. [Photo/Xinhua] HANNOVER, Germany — Hannover Messe 2024, Germany’s leading industrial trade fair, kicked off on Monday with a clear emphasis on carbon-neutral production and hydrogen fuel cells.

The exhibition, focused on "energizing a sustainable industry," runs until Friday and attracted almost 4,000 exhibitors from around 60 countries and regions. Among them, Chinese exhibitors accounted for 30 percent of participants, second only to the host Germany, according to the organizer.

This year’s trade fair also features key topics including […]

Artificial intelligence: Schaeffler and Siemens intensify collaboration

Artificial intelligence: Schaeffler and Siemens intensify collaboration

Schaeffler and Siemens sign memorandum of understanding (MoU) in the field of artificial intelligence in production

Memorandum of understanding focuses on joint development of digital solutions for the shop floor and AI applications in the industrial sector

Innovative AI assistant “Siemens Industrial Copilot” proving successful in test operation Motion Technology Company Schaeffler and technology company Siemens have signed a memorandum of understanding (MoU) at the Hannover Messe. Both companies will advance the use of artificial intelligence in the industrial sector and therefore make a significant joint contribution to shaping the digital production of the future. At the Hannover Messe, […]

Amazon, the world’s second-largest employer, replaces 100,000 humans with 750,000 robots, a ‘microcosm of how AI is changing the workforce’

Amazon, the world's second-largest employer, replaces 100,000 humans with 750,000 robots, a 'microcosm of how AI is changing the workforce'

Amazon, the world’s second-largest private employer with 1.5 million employees, is cutting its workforce by 100,000 and putting about 750,000 robots to work, financial news media Benzinga reported.

Amazon Grows To Over 750,000 Robots As World’s Second-Largest Private Employer Replaces Over 100,000 Humans – Benzinga

https://www.benzinga.com/general/24/04/38202793/amazon-grows-to-over-750-000-robots-as-worlds-second-largest-private-employer-replaces-over-100-000 Top Amazon exec says it’s a ‘myth’ robots steal jobs https://www.cnbc.com/2024/04/12/top-amazon-exec-says-its-a-myth-robots-steal-jobs.html According to Benzinga, the number of Amazon employees has fallen to 1.5 million at the time of writing, down from 1.6 million in 2021. Meanwhile, Benzinga reports that Amazon is introducing 200,000 robots in 2019 and 520,000 robots by […]

Is artificial intelligence causing technological triggers?

Is artificial intelligence causing technological triggers?

Is artificial intelligence causing technological triggers?

Laura Lilly

· Follow 3 min read·4 hours ago Artificial Intelligence and Technological Redundancies: Navigating the Impact of AutomationIntegrating AI has become a double-edged sword in an ever-evolving technology landscape that envisions unprecedented advances while causing significant disruption across industries. One of the most pressing concerns is AI’s potential to cause technological disruption, a phenomenon fueled by the automation of tasks normally performed by humans. Artificial intelligence undoubtedly offers huge opportunities for efficiency gains and cost savings, but its implementation has raised questions about the future of employment and the socio-economic effects […]

Artificial Intelligence: Is it a Looming Threat to Employment Generation?

Artificial Intelligence: Is it a Looming Threat to Employment Generation?

In the rapidly evolving landscape of technology, the advent of Artificial Intelligence (AI) has sparked both awe and apprehension. While hailed for its potential to revolutionize industries and streamline processes, there’s a growing concern that AI could pose a significant threat to employment generation. This sentiment has ignited a fervent debate among experts and policymaker’s worldwide. Proponents of AI argue that it has the capacity to enhance productivity, efficiency, and innovation across various sectors. From automated manufacturing processes to intelligent customer service systems, AI applications promise to streamline operations and unlock new avenues for growth. Advocates often highlight the […]

Is AI threatening employment stability? Here’s what economist says

Is AI threatening employment stability? Here’s what economist says

Illustration of construction workers. (Photo: Public Communication Bureau PUPR Ministry) UNAIR NEWS – The International Monetary Fund (IMF) has identified the development of Artificial Intelligence (AI) technology as it has the potential to exacerbate inequality and lead to a loss of 40 percent of jobs. These jobs are predicted to be replaced by AI. What are the threats of AI to employment stability in Indonesia?

Economics expert Prof. Dr. Sri Herianingrum SE MSc from Universitas Airlangga pointed out that these threats will target low-skilled jobs. All such jobs can be replaced by technology automation, such as robots.

“Low-skilled jobs that can […]

Study Shows Skills Shortage Is a Reality for Nine Out of Ten German SMEs

Study Shows Skills Shortage Is a Reality for Nine Out of Ten German SMEs

Press release from the issuing company Challenge: A widespread problem that extends beyond the printing industry Catching up to do: Almost half of SMEs only moderate when it comes to digitalization

Solution: Artificial intelligence, machinery, and robotics offer potential remedies

German SMEs are suffering a massive skills and workforce shortage – a fact highlighted by a representative survey among SME decision-makers that the F.A.Z. Institute conducted for Heidelberger Druckmaschinen AG (HEIDELBERG). According to this survey, nine out of ten German SMEs do not have enough staff. Just under half (49 percent) said they were badly or very badly affected […]

Embracing the Future: Navigating the Impact of GenAI on Career Evolution

Embracing the Future: Navigating the Impact of GenAI on Career Evolution

Embracing the Future: Navigating the Impact of GenAI on Career Evolution

Daniel CF Ng

· Follow 3 min read·1 hour ago In an era defined by rapid technological advancement and innovation, the emergence of GenAI represents a transformative force that is reshaping the landscape of work and employment. As fears of job displacement and automation loom large, it is crucial to recognize that GenAI itself is not the harbinger of job loss, but rather the individuals who embrace and harness its potential stand to thrive in the evolving workforce. In this essay, we delve into the inevitable situation […]

Food Industry Innovation: Blockchain and automation reinventing supply chains

Food Industry Innovation: Blockchain and automation reinventing supply chains

Blockchain is a decentralised information technology that could improve food supply chains by increasing transparency, efficiency, security, and trust. Blockchain could enable consumers, delivery drivers, stores, and food and beverage companies to have access to transaction history that is immutable and traceable. Blockchain could also reduce transaction cost and time, enhance consumer trust, production speed, and product efficiency, and improve food safety and policies.

Here are some ways in which blockchain technology is transforming the food and beverage industry:

Supply Chain Transparency: Blockchain technology can help improve supply chain transparency by providing real-time visibility into the entire supply […]

New Era of Workforce Transformation: AI’s Impact on Jobs

New Era of Workforce Transformation: AI’s Impact on Jobs

As the wheel of technological progress continues to turn, we find ourselves on the cusp of a new transformative period. Goldman Sachs, a notable U.S. investment bank, released a study in 2023 predicting a seismic shift due to advancements in “generative” artificial intelligence (AI). It suggests that this new tech wave might not only improve global productivity but also disrupt the job market significantly. An estimated 300 million jobs across the United States and Eurozone could be affected by automation.

From the origins of the Industrial Revolution, productivity has hinged on breaking down complex tasks into simpler, more efficient processes. […]