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Thread: Automation replacing workers

  1. #21

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    Insurance Claim Adjusters Replaced By "IBM Watson Explorer"

    http://www.zerohedge.com/news/2017-01-04/its-not-just-blue-collar-jobs-insurance-claim-adjusters-replaced-ibm-watson-explorer

    Manufacturing jobs have already been decimated by robots. White collar workers are next in line.
    Fukoku Mutual Life Insurance in Japan is about to replace claim adjusters with a software robot from IBM.

    What's the Frequency, Kenneth?

    432Hz

  2. #22

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    Although I agree with the trend that automation will continue, this headline made me chuckle a little bit:

    BlackRock's Robot Stock-Pickers Post Record Losses
    https://www.bloomberg.com/news/artic...k-to-fink-plan


    That being said, please save your money and just invest in low cost index funds. Don't pick stocks whether they are picked by humans or robots.
    The answers are in the data

  3. #23

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    Quote Originally Posted by Ryanferr View Post
    Although I agree with the trend that automation will continue, this headline made me chuckle a little bit:

    BlackRock's Robot Stock-Pickers Post Record Losses
    https://www.bloomberg.com/news/artic...k-to-fink-plan


    That being said, please save your money and just invest in low cost index funds. Don't pick stocks whether they are picked by humans or robots.
    The article mentions much of those losses came about from carbon-based intervention. Yes, we can see it coming, automation will take over the work of researchers, analysts and managers.

  4. #24

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    Quote Originally Posted by redraspberry View Post
    Insurance Claim Adjusters Replaced By "IBM Watson Explorer"

    http://www.zerohedge.com/news/2017-01-04/its-not-just-blue-collar-jobs-insurance-claim-adjusters-replaced-ibm-watson-explorer

    Manufacturing jobs have already been decimated by robots. White collar workers are next in line.
    Fukoku Mutual Life Insurance in Japan is about to replace claim adjusters with a software robot from IBM.

    AI gonna replace white collars like what robot gonna do and have done to the blue collars

  5. #25
    Join Date
    Aug 2020
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    Retail process automation totally reshapes activities, skills, and their demand. The need for physical and manual skills declines, while the need for tech, social and emotional ones grows. For now, there are three options for retailers: hire new employees, outsource, or reskill hired workers. Reskilling takes a great deal of effort, but it offers a higher return on investment. Besides, it saves HRs' time needed to find and recruit new workers. To start and complete the reskilling program, lots of companies turn to collaboration with schools and universities. Recently I read article about this topic you can check it if you are interested: https://www.cleveroad.com/blog/retail-automation. So for instance, Walmart’s Dollar a Day tuition program was created with the help of Guild Education – company that provides coaches to help employees go through the university application process. What's more, Walmart partnered with Bellevue University, Brandman University, and the University of Florida that are known for their focus on adult learners and high graduation rates.

  6. #26

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    Wow, they saw the value in some of these seasoned employees, that's nice to see.
    Japan favors automation over immigration they are leading the world in automation.
    https://www.bbc.com/worklife/article...-japans-robots

  7. #27

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    Quote Originally Posted by everything1 View Post
    Wow, they saw the value in some of these seasoned employees, that's nice to see.
    Japan favors automation over immigration they are leading the world in automation.
    https://www.bbc.com/worklife/article...-japans-robots
    Japan has been far ahead of the US & Europe in automation for many years. The industrial control systems from Japan do twice as much at half the price. The only way that companies like Allen Bradley & Siemens stay in business is corruption. I have seen it first hand. The expensive stuff gets spec'd in by people who get taken care of. It happens all the time. It's just like DC, but on a smaller scale

  8. #28

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    Restaurant are looking for robotics more than ever. Obviously the kiosk is a staple now at Mcdonalds, payment automation, Picnic (pizza making robotic startup), CRM, marketing automation, waitlist down, reservations up, to go on the up. White Castle recently made news with a 30,000 robot recently (flippy). 10 million or so restaurant jobs up for grabs. I'm doing bottom of the barrel work these days, bummer as my au/ag buying days are over, just got pushed out of IT by Karen and H1B, I'm relatively happier and healthier for it. I work with allot of ex-restaurant workers, some were family owned, allot of immigrants who support the restaurant industry.

  9. #29

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    I avoid automated check out like a plague. If asked I explain that I'm retired and collect social security and machines don't get a pay check and therefore don't pay into S.S. Plus I make use of veteran discounts and telling a scanner that I'd like a discount applied is useless since I also don't have the mark of the beast barcode installed on my forehead. I do enjoy paying cash to the high school graduates and round up with change to get back few or no change back from my purchases. Makes my day watching the eyes roll back in their head when they try to figure out why I've given them $20.13 for a $10.38 purchase. A friend likes to give out $2 bills. He's had the police called on him at least once for trying to pass counterfeit money.
    Last edited by LongDonSilver; 10-31-2020 at 05:47 AM.
    American Legion Preamble: https://www.legion.org/preamble

  10. #30

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    Quote Originally Posted by LongDonSilver View Post
    I avoid automated check out like a plague. If asked I explain that I'm retired and collect social security and machines don't get a pay check and therefore don't pay into S.S. Plus I make use of veteran discounts and telling a scanner that I'd like a discount applied is useless since I also don't have the mark of the beast barcode installed on my forehead. I do enjoy paying cash to the high school graduates and round up with change to get back few or no change back from my purchases. Makes my day watching the eyes roll back in their head when they try to figure out why I've given them $20.13 for a $10.38 purchase. A friend likes to give out $2 bills. He's had the police called on him at least once for trying to pass counterfeit money.
    Don, I am right with you. I will stand in line behind three fat women with full grocery carts before I will use the self-check-out at Wal-Mart. If I'm going to spend MY hard-earned money at YOUR store, why should I be doing all the work???
    "It's the lure of easy money - It's got a very strong appeal." - Glenn Frey (The Smuggler's Blues)

    "A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned." - Thomas Jefferson

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