Sean Culey Last year, China bought 66,000 industrial robots. This might not seem like an extraordinary figure for a country of over a billion people, but when you consider that each of these machines can do the jobs of 15 or more full-time employees, the impact begins to look more significant: it means that 66,000 robots could potentially do the work of one million people.
China purchased one-quarter of all the industrial robots manufactured in 2016. So, using these figures, we could make a reasonable claim that manufacturing jobs alone may already be falling to the machines at a rate […]
Full Post at diginomica.com