Riot Labor Automation; Robotics and AI, balancing job losses with wealth creation

Riot Labor Automation; Robotics and AI, balancing job losses with wealth creation

How AI and Robotics will save US companies $300 billion in salaries by 2030?

Riot Labor Automation; Robotics and AI, balancing job losses with wealth creation

Evidence is mounting that savings from emerging Internet of Things technologies, especially AI and Robotics, will be paid for by an unprecedented number of semi-skilled jobs disappearing all over the world. There will be over 10 million jobs in the US alone, replaced in industry over the next 15 years by Robotics and AI, saving companies hundreds of $ billions of dollars each year. Globally such savings could eventually reach into $trillions.Rethink tracks the reasons […]

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