Although robots and artificial intelligence (AI) technologies have boosted global productivity and economic growth, more than 2,030 manufacturing jobs now performed by humans will be lost to innovation in the coming decade, according to a new report released Wednesday (June 26) by United Kingdom’s Oxford Economics.
In a 64-page report entitled “How Robots Change the World,” Oxford CEO and Chief Economist Adrian Cooper said the robotics revolution is rapidly accelerating, as fast-paced technological advances in automation, engineering, energy storage, artificial intelligence, and machine learning converge. The result, Cooper concludes, will transform the capabilities of robots and their ability to take […]
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