Tag: procurement AI

Technology & IT Procurement

The Age of AI: Will Robots Take Over? Part…

The Benefits of Automation
The Technological Revolution, including automation in manufacturing and the automotive industry is synonymous with great innovations and rapid developments taking place during the Second Industrial Revolution in the late 19th century through the early 1900s. Advancements like the assembly line and automated machines, which replaced work that used to be performed manually, led to positive outcomes, including efficiency and mass production of manufactured goods at significantly higher rates.
It’s a known fact that in a manufacturing setting, robotics and automated machines improve productivity and reduce labor costs. And yes, they replace workers. So, it is not surprising that businesses will always embrace automation. To business, automated machines are like the perfect worker who works seven days a week, never takes breaks, never asks for a raise, and never gets sick. Sounds like a deal you simply cannot resist, doesn’t it? Ask the same question of a blue-collar worker displaced due to automation and expect a different answer.

Read more “The Age of AI: Will Robots Take Over? Part I”