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...
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
Verify extremely agile manufacturing processes for Industry 4.0
Keeping the change of processes under control
The version 2016.3 of Datakit's conversion tools enables to write NX™ assemblies
The Datakit NX write interface is now also able to keep wireframe data and to write assemblies.
TPC Wire & Cable Introduces Trex-Onics® Servo Motor Cables
Result is a high-performance solution for OEM replacement
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.
10 Ways Machine Learning Is Revolutionizing Manufacturing
Louis Columbus for Forbes: Every manufacturer has the potential to integrate machine learning into their operations and become more competitive by gaining predictive insights into production.
Machine learning’s core technologies align well with the complex problems manufacturers face daily. From striving to keep supply chains operating efficiently to producing customized, built- to-order products on time, machine learning algorithms have the potential to bring greater predictive accuracy to every phase of production. Many of the algorithms being developed are iterative, designed to learn continually and seek optimized outcomes. These algorithms iterate in milliseconds, enabling manufacturers to seek optimized outcomes in minutes versus months.
The ten ways machine learning is revolutionizing manufacturing include the following:
EASY Product Finder Delivers Intuitive Search Tool to Specify Lenze Drive Solutions
Smart combination of intelligent filters and free text search gives engineers new freedom to achieve faster results
Industry 4.0 breathes new life into cybersecurity
Dave Sutton for IT Pro Portal: A technical evolution has taken place, which has made cyberthreats more potent than at any other time in our history. According to PricewaterhouseCoopers, over half of British businesses will suffer cyberattacks by 2018. As businesses seek to embrace Industry 4.0, cybersecurity protection must be a top priority for Industrial Control Systems (ICS). These attacks are financially crippling, reduce production and business innovation, and cost lives.
In years gone by, legacy ICS were developed with proprietary technology and were isolated from the outside world, so physical perimeter security was deemed adequate and cybersecurity was not relevant. However, today the rise of digital manufacturing means many control systems use open or standardised technologies to both reduce costs and improve performance, employing direct communications between control and business systems. Companies must now be proactive to secure their systems online as well as offline. Cont'd...
OMRON Introduces Its First IO-Link-Compliant FA Devices: Integration of FA and ICT to Make Production Equipment Smarter
OMRON Corporation will introduce on July 1, 2016, the IO-Link-compliant Photoelectric Sensors E3Z, Color Mark Photoelectric Sensors E3S-DC Series, Proximity Sensors E2E and E2EQ Series, and IO-Link Master Units GX and NX Series all at once as a first step of integrating sensors into the IoT (Internet of things), ideal for use at manufacturing sites. This launch of the IO-Link-compliant sensors is a big step in making production equipment smarter to add various information and communication functions to over 100,000 specifications of control components for factory automation (FA devices) and achieve integration of FA and ICT (information and communications technology).
Industrial Meets the Internet: ABB opens Silicon Valley Campus as Company Ushers in the Next Industrial Revolution with Connectivity and Smart Data
The new 94,170 square foot office and lab facility is 20,000 square feet larger than the previous cumulative locations and will ultimately house nearly 200 employees when at full capacity.
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Automation & IIoT - Featured Product
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