Robots and other programmed machines: how will they influence the life on Earth?
Rise of the robots will harm the Earth as well as humansMachines have been a significant part of human reality for a long time. However, it was the industrial revolution that marked a major breakthrough in the adoption of automated machines or robots. Since the introduction of robotics, work has been significantly shared between man and machine. And, as robots become more technologically advanced and autonomous, they will operate alongside humans in increasingly collaborative ways.
Robots will destroy our jobs – and we're not ready for it
Two-thirds of Americans believe robots will soon perform most of the work done by humans but 80% also believe their jobs will be unaffected. Time to think againThe McDonald’s on the corner of Third Avenue and 58th Street in New York City doesn’t look all that different from any of the fast-food chain’s other locations across the country. Inside, however, hungry patrons are welcomed not by a cashier waiting to take their order, but by a “Create Your Taste” kiosk – an automated touch-screen system that allows customers to create their own burgers without interacting with another human being.
It’s impossible to say exactly how many jobs have been lost by the deployment of the automated kiosks – McDonald’s has been predictably reluctant to release numbers – but such innovations will be an increasingly familiar sight in Trump’s America.
A concern about the decline of middle-skilled, middle-income jobs and increasing wage inequality is warranted but cannot be attributed solely to automation. Whilst automation appears to be increasing the demand for high-skilled, high-income employees, its impact on low-skilled, low-income employment is less clear. Wage stagnation appears to be far more attributable to structural issues such as employment conditions that force down wages and dampen investment by employers in skills training. A reduction in robot usage would neither help low-skilled workers, nor resolve these structural issues.
Broader Economy Wide Issues
The analysis of potential displacement, described in the previous section, would provide useful information to human resource planners , but does not address the critical issue of how robotics will effect employment throughout the entire economy. We view the long, term economic growth issue and the economy wide employment impact as the highest level constraint and information input into human resource planning. Even though robot manufacturing, programming, and maintenance itself will provide some new jobs, it appears that most new jobs will not be in manufacturing. Yet, we have no idea of how many of these displaced workers and new workers can be expected to be absorbed in other sectors. This issue niust be addressed if we are to go beyond identifying vulnerable workers, and actually prepare them --as well as the entering workforce-- for the likely changes to come
The Problem of Human Capital Most of the published literature on robots describes physical capabilities and particular applications, or deals with the narrowly defined economics of robot use, based primarily on the difference between amortized robot cost and the "all-included'' cost of hourly labor.
the World Economic Forum predicted that robotic automation will result in the net loss of more than 5m jobs across 15 developed nations by 2020, a conservative estimate. Another study conducted by the International Labor Organization, states that as many as 137m workers across Cambodia, Indonesia, the Philippines, Thailand and Vietnam – approximately 56% of the total workforce of those countries – are at risk of displacement by robots, particularly workers in the garment manufacturing industry.
“Automation and robotics will definitely impact lower-skilled people, which is unfortunate,” Zhang told me via phone from his office in Singapore. “I think the only way for them to move up or adapt to this change is not to hope that the government will protect their jobs from technology, but look for ways to retrain themselves. No one can expect to do the same thing for life. That’s just not the case any more.”
There is no doubt that this appointment will affect the opportunities of students keen to launch a career in Stem. Private schools such as Carnegie Mellon University, for example, may be able to offer state-of-the-art robotics laboratories to students, but the same cannot be said for community colleges and vocational schools that offer the kind of training programs that workers displaced by robots would be forced to rely upon.1. Robots can certainly handle their prescribed tasks, but they typically cannot handle unexpected situations.
2. The ROI of your business may suffer if your operation relies on too many robots. They have higher expenses than humans, so at the end of the day you may not always achieve the desired ROI.
3. Robots may have AI but they are certainly not as intelligent as humans. They can never improve their jobs outside the pre-defined programming because they simply cannot think for themselves.
4. Robots installed in workplaces still require manual labour attached to them. Training those employees on how to work with the robots definitely has a cost attached to it.
5. Robots have no sense of emotions or conscience. They lack empathy and this is one major disadvantage of having an emotionless workplace.
7. Robots operate on the basis of information fed to them through a chip. If one thing goes wrong the entire company bears the loss.