Replace people with robots

by | Dec 5, 2012 | Individual.Elements.Competence.Multipliers.Technology, Issues.Employment, Organizational.Functions.People, Sectors.SciTech.Robotics

Via Business Insider:

Credit Suisse’s analysts argue the that industrial automation — when humans workers are replaced by robots — is a bullish long-term economic theme as it boosts productivity.

…

Credit Suisse argues that the underpenetration in the emerging markets presents a big opportunity for the world to boost productivity.

Robot Density For Select Countries – Business Insider

Points:

  • Example from the linked article: US has more robots, and China has more cheap labor. US is 7.5 times more productive.
  • This is seen to offset the cheap labor advantage of developing countries.

Ponder:

  • What should humans do to prepare?
  • If even deep individual expertise becomes replaceable, is the human employment future in the ability to coordinate and integrate group efforts like projects?