Robots won't kill the workforce. They'll save the global economy.

Ruchir Sharma for The Washington Post:  The United Nations forecasts that the global population will rise from 7.3 billion to nearly 10 billion by 2050, a big number that often prompts warnings about overpopulation. Some have come from neo-Malthusians, who fear that population growth will outstrip the food supply, leaving a hungry planet. Others appear in the tirades of anti-immigrant populists, invoking the specter of a rising tide of humanity as cause to slam borders shut. Still others inspire a chorus of neo-Luddites, who fear that the “rise of the robots” is rapidly making human workers obsolete, a threat all the more alarming if the human population is exploding.

Before long, though, we’re more likely to treasure robots than to revile them. They may be the one thing that can protect the global economy from the dangers that lie ahead.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Improve productivity and achieve consistent, high-quality welds with mechanized welding solutions.

Improve productivity and achieve consistent, high-quality welds with mechanized welding solutions.

We have the right welding system for every application. Our solutions are the ultimate in precision and efficiency, meeting the full scope of requirements for quality and reliability in tank, vessel, and pipeline construction in particular. We also offer custom solutions that stand up to any challenge. Working with our mechanized circumferential welding systems, you can weld components of very different sizes and weight classes-thanks to systems ranging from compact welding cells for smaller components through to robust systems for heavy workpieces. Cutting-edge technology and premium materials deliver top results, making our welding systems incredibly versatile, simple to use, and easy to maintain. Even welds, high process stability, and less rework are just a few of the advantages-and you can benefit too.