The CEO walked a group of visitors through the pristine, brightly lit factory. Robotic arms rotated and embedded memory chips into place. A small autonomous vehicle carrying parts rolled around the factory floor while playing a Bach sonatina. At some workstations, employees in protective clothing packed products into boxes and performed intricate soldering as the circuit boards traveled down a slow-moving conveyor belt.
“Not all the people are working very hard, but the robots are working hard,” the CEO noted. Indeed. In the past year, after installing sophisticated automated equipment, the number of human factory workers had fallen from 3,500 […]