Rise in Robotics Requires New Tax Approach, EU Report Warns
Linda A. Thompson for Bloomberg: European lawmakers warn that the growing use of robots and artificial intelligence may cause job losses across the continent, threatening to result in plummeting tax revenues if current tax frameworks aren't revised to account for the rise of the robotic workforce.
Practitioners told Bloomberg BNA that taxing robots as “electronic persons,” as the EU contemplates in a recent report, would hinder innovation and that other ways of taxing the value that robotics create should be explored.
The recent European Parliament Committee on Legal Affairs draft reportrecommends the European Commission adopt a resolution to require companies to report on “the extent and proportion of the contribution of robotics and AI to the economic results of a company for the purpose of taxation and social security contributions.” Its first paragraph references Frankenstein, and comes amid mounting concerns that the rise in automation and artificial intelligence in the workplace will fundamentally alter economies, destroy jobs and jeopardize social welfare programs such as social security. Cont'd...
ConXtech Announces Membership in Fiatech™ Consortium of Capital Project Stakeholders
ConXtech, manufacturer of the modular, prefabricated ConX® structural steel building system, announces it is now a member of Fiatech™. Fiatech is a global nonprofit consortium of industry stakeholders chartered with identifying, developing and adopting new technologies and practices that can improve field safety, increase quality, accelerate schedules and reduce costs in the construction of large industrial and commercial projects.
Alcoa Opens 3D Printing Metal Powder Plant
State-of-the-art, 3D printing metal powder production facility located at Alcoas Technology Center outside Pittsburgh, PA
Alcoa will produce proprietary titanium, nickel and aluminum powders optimized for 3D printing aerospace parts
Builds on more than a century of experience in metal alloy development and metal powder production
GM-NASA Space Robot Partnership Brings 'Power' Glove to Life
RoboGlove licensed to Swedish Medtech company Bioservo Technologies
Piab - Optional added features offer optimal vacuum
piCOMPACT®23 is now available with a range of unique and patented added features
DIRECT DRIVE MOTOR TECHNOLOGY REDUCES ENERGY COSTS
SME Announces Winners of the 2016 SkillsUSA Additive Manufacturing Competition
SME created the additive manufacturing contest to attract students to the new, exciting, emerging technologies and tools involved. These technologies are already very relevant to industry and companies are looking for a workforce with additive manufacturing/3D printing experience and ability.
Okuma Welcomes TombStoneCity to Partners in THINC
Manufacturer supplies innovative workholding solutions for CNC machine tools.
TPC Wire & Cable Introduces Trex-Onics® Servo Motor Cables
Result is a high-performance solution for OEM replacement
TCT Asia 2016 Success Sets up Growth and Relocation for 2017 Edition
Following a hugely successful debut edition of TCT Asia in March 2015 and strong growth at the 2016 event, TCT Asia 2017 (Show dates: 8-10 March, 2017) is moving to Shanghai New International Expo Center (SNIEC), a larger and better equipped exhibition space for continued expansion.
China's Midea buys nearly half of German robotics firm Kuka
The Star: Chinese appliances giant Midea moved a step closer to fulfilling its ambition to acquire German industrial robotics firm Kuka with two weekend deals raising its stake to nearly a majority.
Two of Kuka’s biggest German shareholders – technology company Voith and entrepreneur Friedhelm Loh – said they had decided to take up Midea’s offer of €115 (RM512) per share and sell their stakes.
German news agency DPA reported that Voith had agreed to sell its stake of 25.1% for €1.2bil (RM5.34bil).
And Loh told the business daily Handelsblatt he had decided to sell his stake of 10% for nearly €500mil (RM2.22bil).
Combined with its existing holding of 13.5% in Kuka, the two purchases mean Midea now holds 48.5%, or not far from the outright majority, in the Augsburg-based robot builder. Cont'd.. .
NUM AND FENG CHIA UNIVERSITY JOINTLY DEVELOP INTELLIGENT CNC GEAR HOBBING MACHINE
advanced precision electronic gearbox provides major productivity enhancements
Subaru's Manufacturing Engineer Provides Insight Into Automation Technologies
In the run up to the Next-Generation Collaborative Robots & Automation Technologies Conference - www.next-generation-automotive-automation.com - we have recently conducted an interview with Subaru in which they discussed how next-gen automation technologies and collaborative robotics can improve safety and productivity. A link to the interview can be found below: Steven Eakins, Manufacturing Engineer, Subaru of Indiana Automotive - http://www.next-generation-automotive-automation.com/media/downloads/4-speaker-interview-with-steven-eakins-of-subaru.pdf
Understanding Industry 4.0
Process and device will become inseparable. This is the direction were heading in and it is all powered by the capabilities of Industry 4.0.
Nano Dimension has Completed the Development of the Initial Version of its Software Package for 3D Printed Electronics -- "Switch"
The software package, called 'Switch', enables preparation of production files of printed electronic circuits using the DragonFly 2020 3D printer. The software supports customary formats in the electronics industry such as Gerber files, as well as VIA and DRILL files.
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