Lifeboat Foundation

While the furor around robots taking our jobs has largely died down in recent years (not least due to the lack of any real evidence that it’s happening), it remains inevitable that the introduction of new technologies will cause disruption in the labor market.

“Throughout history the introduction of new technologies has had an inevitable impact on the labour market, whether through displacing jobs, creating new ones, or significantly altering those that already exist,” Alexander Dick, Executive Chairman of cloud technology firm VeUP says.

Previous technological revolutions significantly disrupted the labor market. What lessons can we learn about who and how that disruption played out to prevent the same happening today?

Continue reading “What Can Past Technological Revolutions Tell Us About Today?” »

Media jobs across the board — including those in advertising, technical writing, journalism, and any role that involves content creation — may be affected by ChatGPT and similar forms of AI, Madgavkar said. That’s because AI is able to read, write, and understand text-based data well, she added.

“Analyzing and interpreting vast amounts of language based data and information is a skill that you’d expect generative AI technologies to ramp up on,” Madgavkar said.

Economist Paul Krugman said in a New York Times op-ed that ChatGPT may be able to do tasks like reporting and writing “more efficiently than humans.”

Robots are coming. And since the workers are already leaving the industry, no one will be harmed and service will be cheaper. Loving it!

Nearly three years since the coronavirus pandemic upended the labor market, restaurants, bars, hotels and casinos remain perpetually short-staffed. But these workers didn’t disappear, they found better jobs.

It was one of the teachers of the school’s engineering program who suggested that their classmates could help him by developing a robotic hand.

15-year-old Tennessee boy Sergio Peralta now has a robotic hand, thanks to his classmates. A group of high school students designed a robotic hand for their newcomer.

“In the first days of school, I honestly felt like hiding my hand,” he said to CBS News.

Continue reading “Tennessee high-schoolers build prosthetic hand for classmate in need” »

The automobile business is continuously evolving, and as technology advances, we are seeing a shift toward a future of automated robots in the car maintenance sector. This move is expected to have a number of advantages, including greater accuracy and efficiency in automotive maintenance, as well as the capacity to work on older vehicles that traditional mechanics may be unfamiliar with.

As the owner of an older family truck, I have direct knowledge of the difficulty in finding a mechanic willing to work on their vehicle even if it is well kept up. With the emergence of automated robots, there will be no need to rely on human mechanics, as robots will be capable of doing the required jobs with ease. They will be able to detect faults and undertake routine maintenance, such as replacing belts, radiators, and other parts, without specialist training or knowledge.

The benefits of automated robots in automotive repair go beyond increased productivity. The robots will be built to work on a wide range of automobiles, regardless of age, allowing owners of older vehicles to maintain their vehicles without having to worry about finding a mechanic ready to work on them. Furthermore, automated robots will improve automotive maintenance accuracy since they will be equipped with cutting-edge technology and will be able to complete duties with precision and speed.

Technology has already changed our world. I mean, who knew that we’d be able to flick a switch to illuminate the darkness rather than lighting a candle? It’s wild. But the technology we have today and will have in the future is absolutely insane. From 3D printing houses to robotics to help us in our jobs, here are 20 emerging technologies that will change our world.

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Could the rise of advanced AI tools mean the end of some creative and knowledge jobs? Here’s what the experts had to say.

The question is no longer whether AI will change the workplace; it’s how companies can successfully use it in ways that enable – not replace – the human workforce. AI will help to make humans faster, more efficient, and more productive.

It’s true that AI will threaten some unskilled jobs through automation, but it will also potentially create different kinds of jobs that require new skill sets that will be developed through training.

AI can be used in manufacturing to make processes more efficient while also keeping human workers out of harm’s way. Opportunities to leverage AI and machine learning in manufacturing include product development, logistics optimization, predictive maintenance, and robotics.

AI-powered bots like ChatGPT are changing how humans interact with computers, but with its ability to write poems and take exams, some people fear this technology will takeover the job market.