Robotics to Have Peripheral Effect on Labor for the Next Decade
Academic papers, business intelligence reports, government memos, and key note speeches from thought leaders point generally to one conclusion: robotics is going to have a significant and negative impact on jobs, and the task of our time is to learn how to adapt. According to some thinkers, the debate is over, and the question must now shift to what will be done to mitigate the inevitable windfall in employment.
However, ABI Research’s latest report on Robotics Opportunities and Socioeconomic Impact challenges this consensus by analyzing U.S. employment in relation to robotics adoption. The report finds robots, at most, will have a peripheral effect on labor for the next 10 years. There is a high threat to jobs in production operations, but there are increasing opportunities in other parts of the industry and services.
Robotics will be important in improving productivity growth and capital investment, empowering economic dynamism and allowing countries to compete successfully in world trade. Hindering robotic deploymen…
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