Mar 14, 2023
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Take your business to the next level with automation robots that work to automate mundane tasks, makes business efficient, and streamlines the workflow. Get powerful RPA Solutions from SVAM.
Los Angeles-based startup inVia Robotics, has raised $20 million in latest series B funding round to boost the deployment of Warehouse Automation Robots.
"When radar has cobwebs, it is hard to see."
Steve Mnuchin must have been living in a bomb shelter or a sleep for the past 100 years.
Trump’s Steve #3, so no one has lost their jobs because of ATM’s, robots in manufacturing plants, self-serve gas stations, self-checkout registers at Home Depot and grocery stores, online retailers or online trading? What about self driving cars?
Does anyone in the Trump administration read? #FactsMatter
Treasury Secretary Steve Mnuchin riled the tech community this morning when he told Axios' Mike Allen that displacement of jobs by artificial intelligence and automation is "not even on my radar screen" because the technology is "50-100 more years" away. Mnuchin also said he is "not worried at all" about robots displacing humans in the near future. "In fact, I'm optimistic."
"Personally I'm dumbfounded," said Amy Webb, futurist and author who runs the Future Today Institute. "If Mnuchin had done any previous reading or learning about #AI, he couldn't have uttered those ridiculous words this morning."
DJ Patil, former U.S. Chief Data Scientist, pointed out the Obama Administration's report on artificial intelligence and said "Read to see why we need to get ready now."
"This is actually kind of frightening, particularly the dismissal of the impact of AI and machine learning on jobs," tweeted Larry Irving, a former Clinton Administration official who works with tech companies. "Has he talked to anyone in the tech (or any) industry recently?"
Writer Scott Sentens tweeted, "That's like dismissing a boy as crying wolf when half your village is being eaten by a pack behind you."
Mark Cuban simply tweeted, "Wow."
Business Insider
Report after report has forecasted a spike in unemployment if the US doesn't take steps to help workers as their jobs are scooped up by robots or AI. A 2015 McKinsey report, for instance, found that existing technology could feasibly replace 45% of work activities.
Recode
In his final interview as president, Obama himself highlighted the potential risks.
“We, I think, probably have to be more creative about anticipating what’s coming down the pike,” he said. “Automation is relentless and it’s going to accelerate.”
“You saw just what happened to retail store sales this past Christmas,” Obama added. “Amazon and online sales is killing traditional retail, and what’s true there is going to be true throughout our economy.”