Industrial robots are bringing jobs back home, but not for low-skilled workers

Industrial robots are bringing jobs back home, but not for low-skilled workers

An immense rise in automation by means of industrial robots has taken place. Figures from the International Federation of Robotics reveal that while automation was almost an unkown phenomenon in the 1970s, with fewer than 3000 industrial robots installed worldwide, the operational stock of robots is nowadays already approaching 2.5 million .

At the same time, nations tend to apply more and more protectionist policies. The notion gains ground that the relocation of production from foreign countries to the home country and the renegotiation of trade deals would bring jobs back home. This argument has been most prominently expressed by […]

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