Within 20 years, a majority of today’s jobs may be automated

Study finds that 2 in 3 jobs in Las Vegas may be automated by 2035. That’s just the headline. The real story is that 50% or more of jobs in most metro areas at a risk of automation by 2035. Areas in yellow, orange and red indicate where more than 50% of local jobs are … Continue reading Within 20 years, a majority of today’s jobs may be automated

Major demographic change could lead to more robotics, automation because fewer workers available

This discussion by Charles Schwab & Co highlights that the ratio of workers to non-workers is dropping and may reach 1 to 1 in another 20 years in many parts of the world. When labor is abundant businesses make less investment in “productivity enhancing technology”. Presumably the opposite is true – as labor supply shrinks, … Continue reading Major demographic change could lead to more robotics, automation because fewer workers available

Shake Shack restaurant trials self order systems to reduce labor costs #Robotics #automation

Having customers place their own order has been in trials – or already implemented – at many restaurant chains as a way to reduce labor costs. “We need to answer how we take care of our team with that federally mandated wage,” said Chief Executive Officer Randy Garutti during a phone interview. “Our labor costs … Continue reading Shake Shack restaurant trials self order systems to reduce labor costs #Robotics #automation

McDonald’s testing fully automated food order and prep systems #IOT #Automation #Robots #Labor

McDonald’s refers to the machine as a Big Mac ATM. The machine does all the work, no human intervention required between your self order, food prep and delivery. Source: This machine will serve you a free Big Mac – The Boston Globe Automation is going to happen across many industries. Policy makers, however, are doing … Continue reading McDonald’s testing fully automated food order and prep systems #IOT #Automation #Robots #Labor

Bank of America testing fully automated bank branches – devoid of staff #IOT #Automation

Bank of America is designing bank branches that no longer have onsite staff. Interaction with the bank will be through automated systems and ATMs – with video conferences to remotely located banking staff if you need a live person for assistance. “We are literally automating every single thing” Source: Bank of America says it’s testing … Continue reading Bank of America testing fully automated bank branches – devoid of staff #IOT #Automation

Union angry at Amazon’s new self service mini grocery store pilot test

The largest union representing grocery-store workers has come out strongly against Amazon.com’s launch of a store sans cashiers, a sign of how a recent generation of futuristic technology comes with a dose of angst for big parts of the workforce. Source: Grocery-workers union lashes out against new Amazon store | The Seattle Times When workers … Continue reading Union angry at Amazon’s new self service mini grocery store pilot test

Retailers using automation to reduce labor costs

Source: Retailers looking to save on labor costs turn to automation $15 per hour minimum wage, $4 to 5$ hour in benefits adds up while the costs of automation fall dramatically. The former is a variable cost while automation is mostly a one time fixed cost. Labor intensive service businesses have advanced beyond experiments with … Continue reading Retailers using automation to reduce labor costs

How to get out of ObamaCare without paying a penalty

We, like many, have been  hit by extraordinary price hikes under ObamaCare. ObamaCare began in 2014. Since the first year, our premiums have risen 140% culminating in a 56% price hike in 2017. Obviously, ObamaCare’s nongroup market has failed and is collapsing (so say the insurance commissioners in Minnesota, Tennessee, the editors of the Chicago … Continue reading How to get out of ObamaCare without paying a penalty

Industrial automation will lead to autonomous/no workers factories

“You will see completely lights out factories for manufacturing,” said Rowan Trollope, senior vice president and general manager of Cisco Systems’ IoT and Collaboration Technology Group. “You’re going to see manufacturing technologies that are even easier to automate … that are really going to transform manufacturing.” Source: 8 Internet Of Things And UC Technologies You’ll … Continue reading Industrial automation will lead to autonomous/no workers factories