The age of automation has descended upon us. The advent of technologies like artificial intelligence (AI) and internet-of-things (IoT) has completely altered the way we manufacture things. This transformation has been so revolutionary that it is being dubbed the fourth industrial revolution or Industry 4.0. When computers were introduced during Industry 3.0, they disrupted and […]
For years, humans have been worried about job loss due to automation. According to the Oxford Economics, automation could displace 20 million manufacturing jobs by 2030. While automation reshapes the world’s employment landscape, this is not unexpected. Throughout history, we have seen examples of technology replacing jobs. For instance, the U.S. rail industry which once […]