Friday, December 9, 2022

Intelligent automation, robotics, low & no-code technologies to battle the ‘tyranny-of-talent’ ⭐


Industrial automation and robotics have been increasingly finding their space. But, at the same time, they are facing a massive talent shortage. As companies worldwide face talent shortages, especially technology talent, they are adopting an interesting array of strategies from increased outsourcing to increased investments in intelligent automation (artificial intelligence-driven automation), low/no-code platforms, and redesigning work itself for a digital-human future of work. Recent US labour data showed that there were roughly two vacancies per unemployed worker, with many firms still struggling with shortages. Wages, in turn, are rising as companies compete for staff, fueling concerns of a wage-price spiral as businesses charge more for their products, leading workers to demand even higher pay. Employers are rolling out huge automation initiatives to counter what some call ‘the tyranny of talent.’ Industr...


Please enter your comment!
Please enter your name here

Share post:


More like this

Productivity paranoia creates new tensions in workplace

Paranoia around productivity can backfire by creating tension and...

From Maslow to Modi

India has changed drastically over the last eight years...

Scrutinizing China’s maritime ambitions in the region: Geography-led-geopolitical realities

Just like it has an aggressive land expansion ambitious strategy, China also has an aggressive strategy for its maritime ambitions.

As the new cars get pricier, the used luxury car market witnesses substantial growth

By Sumit Garg With the substantial rise in new car...