With increasing technology and automation, the Robotic revolution is here! There is a slight difference between what a human can’t and what a robot can do. Does that mean most of the jobs will be automated? What impact can robots have on employment? How can it be useful for us? Will there be any setbacks for us? Read on to answer all your questions.
What impact do robots have on employment?
Robots can usually do jobs better, and faster than humans. Robots are considered The Tech that will invade our life. The new concept of robotics will increase the economy. Research focuses on the impact of robots on employment. And the motivation of employees in the service sector with reference to health care.
The World Economic Forum assesses its Future of Jobs Report: “Certainly, 80 million current jobs may affect the shift of labor between humans, and machines. However, 133 million new jobs may come at the same time.” Various advantages can be provided to the organizations and their employees by using robots in the workplace.
Benefits of Robots in the workplace:
Robots are working in medical, mechanical, documentation, and other fields. Employees expect that robots may take their occupations. Yet, this is essentially not the situation. Robots convey a bigger number of interests than impediments to the working environment. An organization’s capacity to succeed is advanced. While improving the lives of human representatives who are expected to keep tasks running.
The reduction of mundane tasks. Productive work is done in a short time with its assistance. Meanwhile, the safety of the employees is taken care of. Heavy machines and hardware can be dangerous to the employees. Robots, if employed can complete these tasks without any risks. In short, an increased output. Above all, as the robots are flexible, they can work for more hours increasing the output. Consequently, the robotics revolution will be creating 60 million new jobs worldwide by 2025.
Limitations of Robotic Revolution:
Robotic revolution might sound like a fancy word. But, when we look into it we realize this leads to the elimination of labor. This brings a question “Who consists of the labor class?”. From the newspaperman who delivers newspaper till the security guard who guards your home. All their jobs will be at stake. They won’t be able to afford basic meals. Most importantly, there would be increased costs. All the organizations will be at debt in developing robots.
In other words, almost everything has its pros and cons. We must agree that maintaining robots is costly, and difficult without proper knowledge. This harms the global economy. If robots are employed, few problems could arise likewise few problems are solved. To sum up, we could say that robots are competing for our jobs. Certainly, Jobs like data analysts and e-commerce specialists would be in demand. Above all, the emerging professions are AI, machine learning specialists, and Robotics Engineers.
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