AI News, Oxford Economics: "up to 20 million manufacturing jobs are set to be ... artificial intelligence

Automation will create problems in the enterprise — AR can solve them 

By providing contextually aware information in a convenient and consumable format, workers now have the ability to pair innately human characteristics, such as critical thinking skills, with knowledge-on-demand to train and gain skill sets on the fly, with little to no previous experience.

By now, the fearful reports are familiar: AI will swallow entire categories of careers, from factory jobs to truck driving to customer service and middle-manager roles.

Amazon — no stranger to automation and robot-assisted warehouse facilities — recently made global headlines when they announced a $700 million investment to re-train a third of its workforce with technical skills like coding.

For many employers, there are two key challenges to managing workforce costs: 1) training, ensuring your people have access to critical knowledge that is easy to find and consume in real-time and 2) retention of the workers you’ve already invested in.

Augmented reality offers businesses an easy way to transfer this knowledge that new-hires need to be successful and retain it long-term to help build the next-generation of a skilled workforce.

Humans evolved to interact with the world with their hands and their eyes — interacting with 2D data like words and spreadsheets is merely an inaccurate abstraction, and underutilizes one of the most powerful parts of the brain – the visual cortex.

The visual cortex enables a person to consume, filter and process vast amounts of information about the real-world, and utilizing this power to interface with the power of computers is an amazing opportunity.

we can leverage the near-infinite and perfect memory capacity of networked computing power, along with the vast processing power of those computer systems, with the intelligent reasoning and extreme adaptability of the human mind and body.

They can access previously recorded support sessions, complete with AR annotations, to see how others solved a problem or completed a task on the exact same piece of equipment on which they’re working.

And workers can even initiate a live, AR-enabled video session with a remote expert who can see what they see, and talk them through a task, dropping in pre-built AR instructions or drawing on the worker’s real world view to help along the way.

While some worry about the impending automation apocalypse as the ultimate job eliminator, AR can create opportunities to build a smarter workforce that will exist alongside automation tools like robots and AI.

Are robots ready to take over jobs?

While an ongoing trade war is causing concern, there's a possible job war that may be going unnoticed.

And as for those 20 million jobs that could be taken over by robots by 2030, Li believes more jobs will be created because of the changing technologies.

CLICK TO GET THE FOX BUSINESS APP Li used the example of how there aren't many law enforcement officers in America charged with securing the safety of almost 328 million people across all 50 states, so he's hopeful robots can alleviate some of the pressure those first responders feel.

Robots Picking Mangoes, Manufacturing Jobs Disappearing

According to a recent report by Oxford Economics titled, “How Robots Change the World”, about 20 million manufacturing jobs will be lost to automation by the ...

The big debate about the future of work, explained

Why economists and futurists disagree about the future of the labor market. Subscribe to our channel! Sources: ..

The Great Transformation: Robots Will Displace 20 Million Jobs by 2030

A new report by Oxford Economics says accelerating technological advances in automation, engineering, energy storage, artificial intelligence, and machine ...

Who is winning the artificial intelligence race?

Read the full story on the Stanford Engineering website: In a recent talk at Stanford, Kai-Fu Lee says China has taken the lead. Lee is ..

Russian Robot F.E.D.O.R - Artificial intelligence (A.I) take over has start.

hello dear friends this video is about Russian humanoid robot F.E.D.O.R which was recently sent to international space station by Russia and in this video i also ...

Will You Still Have a Job When the Robots Arrive? AI and its Impact on the Workforce

Jason Furman, Professor of the Practice of Economic Policy, Harvard Kennedy School; Chairman, White House Council of Economic Advisors (2013-2017) ...

Are we on the brink of a jobless future?

Futurologists have been predicting the automation armageddon -- robots replacing human workers -- for decades. Has the future finally arrived? Economics ...

AI Capital: What can machine learning do? Implications for work and the economy

What can Machine Learning do? Implications for the Work and the Economy Presentation given at CogX 2019, on the Innovation, Investment & the Economy ...

Robots Replacing Human Workers - Warning From Bill Gates, Elon Musk

Buy the book: subscribe to my channel “The automation of factories has already decimated jobs in traditional .

#219: McKinsey & Company (McKinsey Global Institute) on Artificial Intelligence and Machine Learning

Data and automation have the power to transform business and society. The impact of data on our lives will be profound as industry and the government use ...