Like generals who prepare to fight the last war some economists are trying to encourage us to fight old demographic battles. Tyler Cowen and Robin Hanson, you are fighting the last war while the new one takes shape: 10.4% CAGR (Compounded Annual Growth Rate) says a Boston Consulting Group report.
Initially, robots were used mainly for dirty, dull, repetitive, or dangerous tasks that did not require high precision, such as painting car doors or spot welding. Today’s robots, by contrast, are moving into a new range of precision applications far beyond the manufacturing realm. For instance, they’re enabling food processors to make products untouched by human hands. At Sweden-based Charkman Group, robots slice and pack high volumes of salami, ham, turkey, rolled pork, and other cooked meats. At the heart of the line is an intelligent portion-loading robot that can handle 150 picks per minute across multiple sizes and types of meat.
Pay attention to "Robot density".
“Robot density,” a metric indicating the number of robots per 10,000 manufacturing workers, is currently highest in South Korea and Japan. Approximately, 40 percent of the industrial robots used today are in the automotive sector, in which robot density already tops 1,000 in five countries—Japan, France, Germany, the U.S., and Italy.
What happens to this measure when there are not even 10,000 manufacturing workers left in car factories?
I do not want human domestic servants. I eagerly await the Dyson Eye vacuum cleaner and other robotic home servants.
|Share |||Randall Parker, 2014 November 09 10:52 AM|