The Booming Robot Economy Benefits Humans, Too

Robots are improving efficiency and creating new jobs for humans, Fishbowl BlogSomewhere between The Matrix and The Jetsons is the future of robotic technology. As the prices of robotic equipment, maintenance, and implementation go down, the technology will be implemented more and more in manufacturing and other industries.

Jobs that can be automated most likely will be eventually. Rote, low-skill tasks are the first that are being automated. For example, Amazon invested heavily in warehouse management robots to cut down on labor expenses and improve its efficiency in fulfilling orders.

But what if someday repairmen, cooks, and accountants are replaced by highly specialized machines that can do the same work faster and with fewer mistakes?

It’s a scary thought. But it’s also a hopeful one. You just might have to change your perspective a bit.

The invention of the automobile put a lot of horse coachmen out of jobs. Personal computers made typewriters obsolete. Every new invention leads to a disruption in the market and the workforce. But that’s the beauty of innovation. It forces everyone to get creative and it improves their standard of living over time.

When important tasks are handled by machines, it frees up more of people’s time and money to dedicate to other areas of self-improvement. As of yet, high-tech machines aren’t able to diagnose and fix their own problems. High-paying maintenance jobs are being created for humans in new fields thanks to the robotic revolution.

According to a Material Handling & Logistics article, “Jeff Burnstein, president of the Association for Advancing Automation, explained that robotics will create up to 1.5 million jobs between now and 2016.”

Of that number, Burnstein estimates the following numbers of jobs related to robotics will open up in these industries:

  • Consumer Electronics – 200,000 jobs
  • Manufacturing – 100,000 jobs
  • Food Production – 80,000 jobs
  • Electric Vehicles – 50,000 jobs
  • Wind Power – 10,000

Some jobs are going to disappear as a result of new technology, but better, more advanced jobs will take those old ones’ place. It’s up to us to be ready for these radical updates in the workforce and be flexible enough to change with the times.

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About Robert Lockard

Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks and small business. Fishbowl Inventory is the #1-requested inventory management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies. His favorite movies include Mr. Smith Goes to Washington, Fiddler on the Roof, Back to the Future and Lawrence of Arabia.
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