The Massachusetts Institute of Technology released a study Wednesday showing that artificial intelligence can already replace 11.7% of the U.S. labor market, representing roughly $1.2 trillion in wages across finance, health care and professional services. According to CNBC, the findings are based on the Iceberg Index, a labor simulation tool built by MIT and Oak … Read more
China is aggressively integrating artificial intelligence and robotics into its manufacturing backbone, using AI-powered dark factory, and “factory brains” to coordinate assembly lines and logistics. Massive government and private investments are driving the country’s industrial upgrade, helping it maintain a competitive edge even as labor costs rise and trade tensions simmer. Companies such as Midea … Read more
BEIJING — China has launched the world’s first “dark factory,” a fully automated manufacturing plant where production runs around the clock without human workers. Unlike traditional factories, the facility operates without lights, as machines and robots do not require visibility to function. By integrating robotics, artificial intelligence, the Internet of Things and big data analytics, … Read more