If predictions are as accurate as a forecast weather report, the robot and automation system industry could kill over 20 million manufacturing jobs worldwide between 2030-2032, according to recent reports by expert economists and the U.S. Government Accountability Office (GAO). A new study from Oxford Economics suggested that within the next 11 years, approximately 14 million robots will dominate China’s workforce alone. Economists analyzing long-term trends surrounding automation in the workforce hastily noted the number of operable robots worldwide had increased threefold over the past two decades to 2.25 million. Robots Replacing People?
As the U.S. employment sector seeks […]
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