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With the gradual dominance of Robotics and Artificial Intelligence, headlines predict the end of manufacturing jobs as the human workers will become obsolete. With robots as factory workers, making tea for you, doing all the household chores and cuddly humanoids doing all sorts of cute things, robots are gaining dominance.
There has been a remarkable advancement in technology in the recent years. Manufacturing industries are aiming for robots that are performers who can do specific production jobs. Will the robots be the new face for the manufacturing industry? Will they replace all the manufacturing employees?
Are robots stealing our job? No, they aren't; instead, they are helping in improving the productivity as robots are more reliable, more ethical and more safer. The best part of adopting these technologies is that it is cost-effective and at times delivers Return On Investment (ROI) in less than 12 months. It is undoubtedly a boon for an industry which was plagued by slow-drip evolution.
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By Sammy Amirghodsi, Vice President, Data Management, OCC (Options Clearing Corporation)
Manufacturers should invest more in such technologies. As a result, new job opportunities will be created which will require a better workforce and more productivity. Undoubtedly, there will be short-term job displacements, but long-term benefits to employees as robots will help them in their daily chores which will profits to the organization and development of the society as well.
Earlier employees were employed to perform the dangerous tasks, but now they program the robots to do such jobs for them and are also paid similar or more than the initial amount. This process of technological advancements is an ongoing process which will further add to a nation's GDP which will further improve the quality of an individual's life.
Robots will get cheaper in the coming time because of its increasing demand, and maybe they can replace humans. Artificial Intelligence is a promising technology; instead of programming each machine to do some movement, soon robots will be able to 'learn' everything without any help.
See Also: The Manufacturing Outlook