It’s not just a fast fashion problem. As the luxury market has consolidated and companies have listed on the stock exchange, pressure to increase revenues every year coupled with growing consumption has driven up production volumes. In luxury, handmade is here to stay Automation can help with speed as luxury starts to edge closer to…
There’s no denying automation will eliminate certain jobs in the coming years. But as companies adopt robots on manufacturing floors, in kitchens and on delivery routes, workers have a growing opportunity to join the ranks in helping to build and implement the technology. Both humanoid and nonhumanoid robots are set to reduce employment in the…
Automation was already expected to wipe out millions of jobs. The pandemic has accelerated their demise. Nearly 9 million workers switched occupations during the health crisis – from 2019 to 2022 – 50% more than in the prior three years, according to a new study by McKinsey Global Institute. Most left low-wage jobs in food…
Will artificial intelligence take our jobs? It’s a growing concern about generative AI and robotics automation, and believe me, I understand where it’s coming from. We had that very question come in from Ken, one of our loyal readers. So I’m here to answer that today! Ken wrote: Hey, it seems to me that if…
Companies in the UAE and other Gulf countries are also increasingly deploying AI to automate many roles Published: Sat 8 Jul 2023, 11:47 AM As AI-driven automation increasingly takes over jobs, certain countries will be hit harder than others, especially those with large populations. In the Middle East region, the top three nations that will…
