One of the benefits of fully robotic road and bridge construction: shorter periods of traffic disruption. Robots will be able to operate 24x7. A new bridge will go up in a third of the time or less. New office buildings will go up much faster too.
The CEO of big auto parts maker Magna thinks robotic advances will cause manufacturing to shift back from China to USA and Europe. This will cut shipping costs and reduce inventory costs of finished goods getting transported across oceans. Lower demand for shipping as more goods are made locally?
On the bright side, those who still have jobs will pay less for cars, boats, bicycles, and many other manufactured goods as labor costs drop by about a fifth in the next 10 years.
BCG Research Predicts That by 2025, Adoption of Advanced Robots Will Boost Productivity by Up to 30 Percent in Many Industries and Lower Total Labor Costs by 18 Percent or More in Countries Such as South Korea, China, the U.S., Japan, and Germany
Furniture, bathroom fixtures, door knobs, lamps, and countless other parts for houses will cost less. Cars will cost less. So if you can maintain your earning power in an increasingly automated society you will have access to lots of cheap goods.
Do you have a job that you expect will get automated in the next 10-15 years? Say what it is in comments. If you have an idea for what you ought to do next once a robot takes over your job say that too.
|Share |||Randall Parker, 2015 September 20 01:16 PM|