The No. 1 industry being threatened by robots
Kari Paul for MarketWatch: The robot revolution may not have replaced us yet, but automation is undoubtedly creeping its way into many careers.
Robots May Help Defuse Demographic Time Bomb in Japan, Germany
Anirban Nag for Bloomberg: Robots to offset negative impact of slower labor force growth. Emerging markets wont be so lucky, Moodys report says
This Map Shows Where Robots Are Coming for Your Job
By Mira Rojanasakul and Peter Coy for Bloomberg: Are you about to be replaced by a robot? The question has broad implications for the U.S. economy, especially the manufacturing sector.
More production, more jobs? CMU pitches businesses on robotics in manufacturing
Daniel Moore, Pittsburgh Post-Gazette: "Our mission, at a very high level, is establishing leadership in this area," said Gary Fedder, interim CEO of the ARM Institute. "We want to lower the barrier for the companies to adopt this technology" while also "empowering the American worker" to find open positions.
Law requires reshaping as AI and robotics alter employment, states new IBA report
The present wave of automation, driven by artificial intelligence (AI) - the development of computer systems able to perform tasks normally requiring human intelligence - is creating a gap between current legislation and new laws necessary for an emerging workplace reality, states a report published today by the International Bar Association Global Employment Institute (IBA GEI).
Mnuchin on robots taking US jobs: 'It's not even on our radar screen ... 50-100 more years' away
David Reid for CNBC: U.S. Treasury Secretary Steven Mnuchin said he was not worried about the mass displacement of U.S. workers by robots and could be a century before a labor crisis eventuates. "It's not even on our radar screen ... 50-100 more years," Mnuchin said.
New Study Shows U.S. is World Leader in Robotics Automation - With $732 Billion of Robots
A new study from Redwood Software and the Centre for Economic and Business Research (CEBR) finds that the U.S. is the world leader in robotics automation investment, with an estimated robotics stock of $732 billion* - larger than the economy of Switzerland, which stood at $446 billion* in 2015.Â
U.S. investment in robotics was $86 billion in 2015, up from less than $40 billion in 2009, when investment hit a low following the financial crisis, and more than 15 times higher than the OECD average. Between 2011 and 2015, U.S. investments in robotics rose 30%.Â
"The U.S. is the world leader in robotics investment, and spending has recovered quickly since the financial crisis in 2009," said David Whitaker, Managing Economist at CEBR. "The sheer size of the economy and its large base of production in the automotive and electronic sectors make it a natural candidate for increased automation."Â Â Â Full Press Release:
ABB sells its first ever robot manufactured in the US to Hitachi Powdered Metals USA
ABB has sold its first robot manufactured in the United States. The IRB 2600 robot is the first to be produced at the ABB Auburn Hills, Michigan facility, and was sold by ABB Value Provider, CIM SYSTEMS, INC. to Hitachi Powdered Metals USA. Â
The compact robot, which is painted with special commemorative red, white and blue paint, will be used for material handling of in-process engine component parts at the Hitachi Greensburg, Indiana facility. Â It is the 180th ABB robot at the Hitachi plant, which installed its first ABB robot in 2005.Â
"The sale of ABBs first robot produced in the US to Hitachi is a tremendous milestone in the development of our manufacturing presence in the Americas," Â Full News Release:
Hot Jobs Study Reports IT a Top Industry
For entry level manufacturing positions, higher education is not normally required. Instead, a personal and commercial drivers license, and special certifications such as an Occupational Safety & Health Administration Certification, Food Safety Program education, and HAZM
World Robotics Federation IFR: Why Bill Gates' Robot Tax is Wrong
The following is a statement by the World Federation of Robotics IFR:
Tech firms keep expanding 'Robotics Row,' Pittsburgh's mini Silicon Valley
Aaron Aupperlee for TribLive: Advancements in robotics, autonomous manufacturing, self-driving cars and more are taking place in the former warehouses, factories and foundries of Pittsburgh's Strip District and Lawrenceville neighborhoods.
Argo AI, an self-driving car startup partnering with Ford, became the latest to join Robotics Row, a string of technology companies setting up shop along the Allegheny River.
The company announced Thursday it would base its headquarters in the Strip District.
"We see the Strip District as a mini Silicon Valley," Argo AI CEO Bryan Salesky told the Tribune-Review. "In my mind, that is the future of the tech hub in Pittsburgh."
At least 20 companies and organizations working on robotics and autonomous technologies call the three-mile stretch of riverfront home. Cont'd...
Brainstorm the Future
Robots will take our jobs and "move the cheese" for those seeking to replace those jobs. Simply referring to the old adages (Cars put blacksmiths out of work ... and they survived) will not suffice in modern times.
Rise of Robots: Boon for Companies, Tax Headache for Lawmakers
Linda A. Thompson for Bloomberg News Agency: European lawmakers are grappling for answers to a question that until recently seemed like the stuff of science fiction: If robots take our jobs, who will pay taxes?
In an age of unprecedented technological change occurring at a faster rate than the Industrial Revolution, concerns over the growing robotization and automation of work have prompted fears about mass unemployment and plummeting tax revenue in the near future, pitting companies and robotics manufacturers against lawmakers and worker advocates.
The issue is taking on new urgency ahead of a Feb. 16 vote before the EU Parliament’s Legal Affairs Committee on whether to create a robotics agency to deliberate on tax and liability issues. Cont'd...
Boeing buys Liquid Robotics to boost autonomous surveillance at sea
Alan Boyle for Geekwire: The Boeing Co. says it has agreed to acquire Liquid Robotics, its teammate in a years-long effort to create surfboard-sized robots that can use wave power to roam the seas.
The acquisition is expected to help Boeing create military communication networks that can transmit information autonomously from the sea to satellites via Sensor Hosting Autonomous Remote Craft, or SHARCs.
Liquid Robotics was founded in 2007 and currently has about 100 employees in California and Hawaii. Once the deal is completed, the company will become a subsidiary of Boeing. The arrangement is similar to the one that applies to Insitu, a Boeing subsidiary that is headquartered in Bingen, Wash., and manufactures ScanEagle military-grade drones. Cont'd...
Robots won't kill the workforce. They'll save the global economy.
Ruchir Sharma for The Washington Post: The United Nations forecasts that the global population will rise from 7.3 billion to nearly 10 billion by 2050, a big number that often prompts warnings about overpopulation. Some have come from neo-Malthusians, who fear that population growth will outstrip the food supply, leaving a hungry planet. Others appear in the tirades of anti-immigrant populists, invoking the specter of a rising tide of humanity as cause to slam borders shut. Still others inspire a chorus of neo-Luddites, who fear that the “rise of the robots” is rapidly making human workers obsolete, a threat all the more alarming if the human population is exploding.
Before long, though, we’re more likely to treasure robots than to revile them. They may be the one thing that can protect the global economy from the dangers that lie ahead. Cont'd...
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