According to the OECD, since 1967, the share of men aged 25 to 54 without work has more than tripled, from 5 percent to 16 percent. But the reasons they are not working have less to do with the rise of the machines than we are being led to believe. Not only will machines compete for positions, but global population growth and a rather stunted job market will make competition … [Read more...] about If a Robot is Going to Take My Job, Should it Pay My Taxes?
industrial internet
Inside Industry 4.0: What’s Driving The Fourth Industrial Revolution?
Industry 4.0 is much more than just another buzz word. The term Industry 4.0 refers to the fourth industrial revolution and is comprised of growing trends in automation, the internet of things, big data and cloud computing technologies. Just like steam power, electricity and digital automation of the past, cyber physical systems will create the factory of the future; the smart … [Read more...] about Inside Industry 4.0: What’s Driving The Fourth Industrial Revolution?
Internet of Manufacturing
Internet of Manufacturing North America is the only event bringing together C/VP Level business and technical executives from leading manufacturers, to share best practices and inspire new revenue opportunities. The two-day conference and pre-event welcome day deliver high-level presentations, hands-on and interactive sessions, a live tour, as well as extended networking and … [Read more...] about Internet of Manufacturing
How Smart Factories and the IIoT Can Prevent Product Recalls
In recent news, Samsung Electronics Co. has initiated a global recall of 2.5 millions of their Galaxy Note 7 smartphones, after finding that the batteries of some of their phones exploded while charging. This recall would cost the company close to $1 Billion. This is not a one-off incident Product recalls have plagued the manufacturing world for decades, right from food and … [Read more...] about How Smart Factories and the IIoT Can Prevent Product Recalls
How The Internet of Things Is About to Explode
The Internet of Things is heading our way, and it is heading here fast! In the past years, we have seen that the Internet of Things (IoT) is really taking off and we can safely say that we are about to reach a tipping point. Any industry is currently working on connected devices. Ranging from connected cutlery (HAPIfork), smart locks for your door (August) or your bike … [Read more...] about How The Internet of Things Is About to Explode
