Discover Top Posts Tagged with #robotic trend

Will the Robotic Trend Result in Job Loss or Job Creation?

There are two schools of thought with regards to the future impact that the robotic trend will have on the labor market.

According to the Boston Consulting Group, robots perform 10% of all manufacturing tasks that could be done by machines. This number is expected to increase to 25% within the next 10 years. Labor costs are expected to decline by 16% over that same time period.