Sunday, April 2, 2017

Evidence That Robots Are Winning the Race for American Jobs



It seems like robots are winning the race for jobs and the industry most affected by this is the manufacturing industry. The article states that for every robot per thousand workers, up to six workers lose their jobs. As well as wages fell by as much as three-fourths of a percent. Although the manufacturing industry is being affected negatively by this is actually benefiting software developers and data analysts. Technology has become an essential part of industries in order to reduce their cost since they will not have to spend much money on labor. They also stated that robots are to be blamed for up to 670,000 lost manufacturing jobs between the 1990 and 2007. However, this number is to increase since robots in the manufacturing industry are expected to quadruple.  

Even though there are statistics that prove this, there are some skeptics like the Treasury secretary, Steve Mnuchin. He said that the displacement of human jobs is not “on our radar” and it should not be until 50 to 100 more years that we should begin to worry.  I believe that we do not have to wait another 50 years in order to see robots taking over the manufacturing jobs, this will happen in the next 10 years minimum. 

Link here

3 comments:

Unknown said...

It's true that there are already a lot of worries about the robots that steal jobs from workers. Robots are usually more efficient and accurate than workers and they usually do not need many breaks, holidays and even welfares. And I totally agree with you that robots will take a lot of jobs in definitely less than 50 years. However, I think there's still need for people to control the robots. From that point, more education is needed and more skilled labors are needed by the market. We can focus more on improve the labor quality to meet this kind of requirement and decrease the influence of unemployment caused by robots.

Cierra Cresanto said...

I agree with Dianyi that we need to focus on education and training for laborers. In the meantime, how do we combat unemployment caused by robots for otherwise unskilled workers? I don't have the answer,but someone else may. People whose jobs are displaced by robots should still be able to contribute to the economy. We need to determine a way to engage these workers in the labor market while training and education is being set up to train for jobs dealing with robots.

Anonymous said...

With the development of technology, there is no doubt that workers may be replaced by robots at some certain areas. It is also noteworthy that artificial intelligence is growing at a rapid speed. It is very likely that AI can completely take over human being's job in the future. Therefore, we should put more effort on improving ourselves to avoid being eliminated.