Robots Taking Over Your Job

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15957174136_bf3171afe4_bThe mere thought of this is bone chilling, the fact that we as humans being are an expendable commodity for corporations trying to increase efficiency; reduce labor; yield greater results. So where does that leave us?

On one hand, we are evolving and discovering break through technology that will enhance our lives and will take our species to a new level. On the other hand, the unemployment rate will be unimaginable, countless lives that are not within the percentage of the population that has received higher education and able to get jobs that provide food, shelter and other necessities for families.

The Boston Consulting Group predicts that investment in industrial robots will grow 10% a year in the world’s 25-biggest export nations through 2025, up from 2% to 3% a year now. The investment will pay off in lower costs and increased efficiency.

Robots will cut labor costs by 33% in South Korea, 25% in Japan, 24% in Canada and 22% in the United States and Taiwan. Only 10% of jobs that can be automated have already been taken by robots. By 2025, the machines will have more than 23%, Boston Consulting forecasts.

And the new machines can do more things. Old robots could only operate in predictable environments. The newer ones use improved sensors to react to the unexpected.

In the past, I have been in a leadership position in the manufacturing industry and witnessed this first hand, where employees were laid off because they were replaced by automated equipment.

With good, there is bad. Just depends on which side of the table you’re sitting.

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