Automation Industry Success Stories Abound

Too often, negative stories of potential job losses accompany discussions of the impact of automation.  However, success stories of automation’s impact exist all over the United States in communities and companies.     Growth has centered on robotics, Automated Vehicles (AVs), embedded and mobile technology, Automated Guided Vehicles (AGVs) and the disrupters of established industries. Robotics Robots […]

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Automation Impacting the Future of Work

Automation has been impacting work in the United States for over 100 years.  The Kennedy Administration pointed to the impact of automation impacting the manufacturing sector starting in the 1950s.  Industries like textiles figured out how machines could replace humans and produce higher quality products for less money.  Occupations with the highest chance of being automated

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Federal Opportunity Zones Create Substantial Economic Development Opportunity

The recently enacted federal tax reform legislation permits the US Treasury to designate up to 25% of a state’s low wealth census tracts and up to 5% of non-low wealth consensus tracts contiguous to low wealth districts to be Opportunity Zones.   Designated census tracts determined to be Opportunity Zones encourage private sector investment by offering:

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Automation Transforming the U.S. Economy

Measuring the impact of automation involves a consideration of both macroeconomic and microeconomic measures; however, the critical measure of how automation impacts a regional economy is what regions will gain and lose jobs with this massive economic change. The American economy has benefitted from technological advances. In 1870, almost 50% of American employees worked in

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Defining Automation

Automation is the technique of making an apparatus, a process, or a system operate automatically and can further be defined as the creation and application of technology to monitor and control the production and delivery of products and services.[i] Recent economic analysis of automation is often tied to “machine learning” or Artificial Intelligence and machine robotics.

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Montrose Development Debate Data Driven Economic Development Webinar

We live in the age of Big Data. The access to massive amounts of data points matched with unprecedented computer power and broadband speeds are transforming the global economy. Who would have imagined that Amazon would have over 300,000 employees at the end of 2018 compared to just 100,000 at General Motors? Join the Montrose

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