“As industrial robots go from being caged and very expensive (and high-maintenance) to affordable and collaborative, six in 10 manufacturers are expected to begin deploying robotics technology across a wide range of tasks (including assembly and materials handling),” say Daniel Araya and Christopher Sulavik in a recently posted Brookings Institute blog.
For the last year and a half, MIT professors Erik Brynjolfsson and Andrew McAfee have been arguing that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Since 2000, employment has hit a wall as productivity continues to grow. We are seeing the beginning of a revolution that will displace not only manual labor, but so-called white-collar labor as well. Continue reading