USA Ranks 9th In Global Robotics & Automation Job Loss Report

South Korea, Germany, and Japan are most prepared for the coming wave of automation, according to a new report by The Economist. The U.S., on the other hand, ranks ninth out of 25 countries.

And the most-at-risk countries?

Mexico, Vietnam, and Indonesia.

Looming advances in robotics, artificial intelligence, and automation threaten to make many jobs obsolete over the next few decades. In worst-case scenarios, 800 million jobs could be lost globally; in best-case scenarios, robots squeeze humans out of just a few at-risk occupations.  

Of course, too much automation can cause problems too, as Tesla CEO Elon Musk has recently acknowledged.

Both very rich and very poor countries will fare better than average in the coming massive changes, according to the report. Rich countries are adding robots quickly, and have the resources to prepare their populations for coming changes. Poor countries, on the other hand, have less mass manufacturing that is at risk from automation.

The most-challenged nations will be middle-income countries with significant manufacturing capacity.  Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Midwest Motion Products is a leading provider of robust and reliable Motion Control Products.

Midwest Motion Products is a leading provider of robust and reliable Motion Control Products.

MMP specializes in supplying high-quality Brushed & Brushless DC Motors & Gearmotors for Robotics and Automation Equipment with a wide range of motor windings and gear ratios. With an impressive track record of more than 8,000 released DC Gearmotors designs and over 2,000,000 individual part numbers, we are renowned for our ability to handle large-scale orders. Due to our huge on-hand inventory, we are also well known for lightning-fast delivery of our standard products. We take pride in our dedicated customer service and our team of knowledgeable sales and engineering experts who are ready to assist you with custom design solutions tailored to your specific application. Additionally, we also offer a wide range of complimentary products, such as DC Motor Controls, DC Linear Actuators, AC-DC power Supplies, and DC Servo Amplifiers and others.