Business Automation and Its Effect on the Labor Force: A Practical Guide for Preparing Organizations for the Fourth Industrial Revolution

Business Automation and Its Effect on the Labor Force is a book that provides a primer on quantum computing, artificial intelligence, robotics, and sensors. It predicts when advanced systems will be ready to use and how to calculate the optimal mix of workers and machines. It also covers labor and technology in agriculture, manufacturing, construction, transportation, hospitality, health care, office administration, and education.

Format: Paperback / softback
Length: 190 pages
Publication date: 12 September 2022
Publisher: Taylor & Francis Ltd

Business Automation and Its Effect on the Labor Force is a comprehensive guide for business managers seeking to stay ahead of the curve in the ever-evolving world of technology. This invaluable resource provides a comprehensive overview of emerging technologies such as quantum computing, artificial intelligence, robotics, and sensors, empowering managers to make informed decisions about the future of their industries.

The book offers a primer on these cutting-edge technologies, equipping managers with the knowledge and tools they need to navigate the complex landscape of automation. It serves as a valuable tool for planning and forecasting, enabling managers to determine the optimal mix of workers and machines required for maximum efficiency.

With a focus on labor and technology across various industries, including agriculture, manufacturing, construction, transportation, hospitality, health care, office administration, and education, Business Automation and Its Effect on the Labor Force offers a comprehensive review of the evolution of systems, machines, and devices from the past to the present. It provides a visual timeline showcasing when new systems and machines will be available for eight industries over the next 25 years, offering valuable insights into the future of work.

In addition to its technological insights, the book also delves into the impact of automation on the labor force. It provides succinct descriptions of eliminated jobs, retained jobs, and new roles for workers, helping managers understand the changing landscape and prepare their workforce accordingly. A simplified method to calculate the costs of operations is also presented, allowing managers to compare human productivity against machine productivity and make informed decisions about resource allocation.

Labor market information is provided in the context of technological innovation, making it an essential resource for state workforce agencies and local workforce development boards. Lists of occupations with Standard Occupational Classification (SOC) codes are included, providing valuable reference for labor economists, workforce development specialists, and job seekers alike.

In conclusion, Business Automation and Its Effect on the Labor Force is a must-read for business managers looking to stay ahead of the curve and optimize their operations in the age of automation. By providing a comprehensive overview of emerging technologies, forecasting tools, and labor market insights, this book empowers managers to make informed decisions and prepare their workforce for the future.

Weight: 392g
Dimension: 177 x 252 x 16 (mm)
ISBN-13: 9781032038346