Does the Industry 4.0 production line spell the end of the line for workers?

Does the Industry 4.0 production line spell the end of the line for workers?

Robots and other forms of automation will massively hurt the U.S. workforce. That’s what I typically read in some of the more pessimistic headlines and what I just read in a study of Industry 4.0 that I wrote about here , but is it true? That blanket statement isn’t new and has been a dire prediction since robotics and automation came into use in the 1980s.

The gloom-and-doom scenario has mostly proven to be a myth, given that the unemployment rate currently is at 3.8%. With 5% unemployment considered by economists to be full employment, it’s no wonder that manufacturers […]

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