Orange robots at the company’s sorting stations are able to identify the destination of a package through a code-scan, virtually eliminating sorting mistakes.
Shentong’s army of robots can sort up to 200,000 packages a day, and are self-charging, meaning they are operational 24/7.
The company estimates its robotic sorting system is saving around 70-percent of the costs a human-based sorting line would require.
Today, about half the activities that people are paid to do in the global economy have the potential to be automated by adapting demonstrated technology. As we’ve described previously, our focus is on individual work activities, which we believe to be a more useful way to examine automation potential than looking at entire jobs, since most … Continue reading
Automation in Australia – More than five million jobs, almost 40 per cent, have a moderate to high likelihood of disappearing in the next 10 to 15 years
More than five million jobs, almost 40 per cent of Australian jobs that exist today, have a moderate to high likelihood of disappearing in the next 10 to 15 years due to technological advancements, a CEDA report being released today has found. Figure 1 shows the estimated probabilities of the susceptibility of jobs to computerisation … Continue reading
Automation has become one of the major ongoing stories regarding the future of the American economy. What began with the rise of robots—and loss of jobs—across manufacturing industries is now a full blown threat to traditional jobs across all industries, salary bands, and education requirements. The effects are wide-reaching, no job may be safe. On … Continue reading
In tandem with the diffusion of computer technologies, labour markets across the OECD have undergone rapid structural transformation. In this paper, we examine i) the impact of technological change on labour market outcomes since the computer revolution of the 1980s, and ii) recent developments in digital technology – including machine learning and robotics – and … Continue reading
A broad area of agreement: People need to learn new skills to work in the new economy. “The best response is to increase the skills of the labor force,” said Gregory Mankiw, an economist at Harvard. The most valuable thing could be to increase college enrollment and graduation rates. A growing number of jobs require … Continue reading
In recent years, there has been a revival of concerns that automation and digitalisation might after all result in a jobless future. The debate has been fuelled by studies for the US and Europe arguing that a substantial share of jobs is at “risk of computerisation”. These studies follow an occupation-based approach proposed by Frey … Continue reading
More than five million jobs, almost 40 per cent of Australian jobs that exist today, have a moderate to high likelihood of disappearing in the next 10 to 15 years due to technological advancements, a CEDA report being released today has found. Australia and the world is on the cusp of a new but very … Continue reading
The topic of job displacement has, throughout US history, ignited frustration over technological advances and their tendency to make traditional jobs obsolete; artisans protested textile mills in the early 19th century, for example… A conversation Reid Hoffman: If you look at most of the automation, it comes down to man–machine combinations. And all productivity means … Continue reading
Our London Futures insights series focuses on the London economy and what it needs to do to maintain and reinforce its position as a leading global business hub. Our latest report in the programme, Agiletown: the relentless march of technology and London’s response, focuses on the challenges and opportunities that technology presents to London. The … Continue reading
The threat that automation will eliminate a broad swath of jobs, across the world economy is now well established. As artificial intelligence (AI) systems become ever more sophisticated, another wave of job displacement will almost certainly occur. It can be a distressing picture. But here’s what we’ve been overlooking: Many new jobs will also be … Continue reading
With between a quarter and two-fifths of jobs at high or medium risk of automation in OECD countries, it is expected that dynamically evolving technologies will render several of workers’ skills obsolete whilst placing a high premium on others. Indeed, Cedefop’s ESJ survey (Cedefop, 2015) revealed that about a quarter (26%) of adult employees in … Continue reading