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Will you find work once the robot revolution hits?
marketwatch ^ | Published: Jan 6, 2015 8:54 a.m. ET | NourielRoubini

Posted on 01/07/2015 11:47:10 PM PST by dennisw

Technology innovators and CEOs seem positively giddy nowadays about what the future will bring.

New manufacturing technologies have generated feverish excitement about what some see as a Third Industrial Revolution. In the years ahead, technological improvements in robotics and automation will boost productivity and efficiency, implying significant economic gains for companies. But, unless the proper policies to nurture job growth are put in place, it remains uncertain whether demand for labor will continue to grow as technology marches forward.

Recent technological advances have three biases: They tend to be capital-intensive (thus favoring those who already have financial resources); skill-intensive (thus favoring those who already have a high level of technical proficiency); and labor-saving (thus reducing the total number of unskilled and semi-skilled jobs in the economy). The risk is that robotics and automation will displace workers in blue-collar manufacturing jobs before the dust of the Third Industrial Revolution settles.

The rapid development of smart software over the last few decades has been perhaps the most important force shaping the coming manufacturing revolution. Software innovation, together with 3D printing technologies, will open the door to those workers who are educated enough to participate; for everyone else, however, it may feel as though the revolution is happening elsewhere. Indeed, the factory of the future may be 1,000 robots and one worker manning them. Even the shop floor can be swept better and cheaper by a Roomba robot than by any worker.

For the developed countries, this may seem like old news. After all, for the last 30 years, the manufacturing base in Asia’s emerging economies has been displacing that of the old industrial powers of Western Europe and North America. But there is no guarantee that gains in service-sector employment will continue to offset the resulting job losses in industry.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: robots
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1 posted on 01/07/2015 11:47:10 PM PST by dennisw
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To: dennisw

#ifixrobots


2 posted on 01/07/2015 11:48:43 PM PST by 867V309 (Boehner is the new Pelosi)
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To: 867V309
#ifixrobots

#ibreakrobots so I see the beginning of a beautiful friendship.

3 posted on 01/08/2015 12:11:49 AM PST by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: dennisw

I will take a course at my local community college and become a certified robot repairman.


4 posted on 01/08/2015 12:19:14 AM PST by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: dennisw

Wait until the robots start a union.


5 posted on 01/08/2015 12:39:09 AM PST by mindburglar (When Superman and Batman fight, the only winner is crime.)
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To: dennisw

“proper policies?”


6 posted on 01/08/2015 12:52:56 AM PST by Organic Panic
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To: Veggie Todd
#ifixrobots

#ibreakrobots so I see the beginning of a beautiful friendship.


True enough, but #robotsbreakontheirownnottomentionthruwearandtearpoordesignplannedobsolencecorporatesabotageactofgodorrandomzotbyfreerebublicadmin?


7 posted on 01/08/2015 1:02:15 AM PST by 867V309 (Boehner is the new Pelosi)
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To: 867V309

Ok, you win. LOL


8 posted on 01/08/2015 1:22:40 AM PST by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: dennisw
Understandably, not a "robot" issue--but in the manufacturing facility where I work, there is a (replacement) parts locker where the supervisors can log in, extract a part, and log out. When the supply of a particular part runs low, the locker sends a message to the supplier and more parts are ordered and delivered to the locker.

I figure the locker has cost at least three jobs, all around.

9 posted on 01/08/2015 1:47:20 AM PST by 1rudeboy
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To: dennisw

I have been looking into a possible job opportunity as a field application engineer working on robots for the auto industry. I know a lot of the guys in my church who work there.


10 posted on 01/08/2015 2:00:43 AM PST by fulltlt
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To: dennisw

11 posted on 01/08/2015 2:21:59 AM PST by EEGator
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To: dennisw
Will Work for Free Documentary

Interesting Documentary on the subject, well worth the time it takes to watch.

12 posted on 01/08/2015 2:27:54 AM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: dennisw

Cue Mr. Bender.


13 posted on 01/08/2015 2:53:25 AM PST by CapnJack
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To: dennisw

As with everything you will find work if you have prepared properly.

If you design and build robots you will thrive.

If you do high wage low value added work you will be replaced.


14 posted on 01/08/2015 3:45:32 AM PST by Mikey_1962 (Democrats have destroyed more cities than Godzilla)
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To: Cowboy Bob

“I will take a course at my local community college and become a certified robot repairman.”

You’ll have to do your repairing at least two or three times removed. Robots will repair robots, will repair robots, etc, you get the idea....


15 posted on 01/08/2015 3:55:57 AM PST by snoringbear (E.oGovernment is the Pimp,)
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To: CapnJack

Page Kryten.


16 posted on 01/08/2015 3:57:45 AM PST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: dennisw

The ‘government’ will outsource humanity ... we’ll all turn into the fat, lazy entitlement cattle that already populate parts of the country.


17 posted on 01/08/2015 4:09:32 AM PST by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: dennisw

I will have no problem find work in the Robot Revolution.
I will be the one designing and building the robots.


18 posted on 01/08/2015 4:36:53 AM PST by BuffaloJack (Muslim Creeping Conquest of America and Canada)
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To: dennisw
Question for the Free Traitors:

Background: The reason Free traitors gave us why this country needed to offshore manufacturing was to fight the unions and lower costs with cheap slave labor.

OK, if a factory is say 100% automated and labor costs are no longer an issue then why does it need to be in China? What is the new excuse for back stabbing the USA and enabling our enemies?

19 posted on 01/08/2015 4:42:03 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: 1rudeboy

“Understandably, not a “robot” issue—but in the manufacturing facility where I work, there is a (replacement) parts locker where the supervisors can log in, extract a part, and log out.”

When my next to last employer ran their own stockroom they were always coming up short. The inventory would say there were 10 parts and there were none in the bin. The reason was they employed expediters who would get a ladder and climb over the wall to get parts to keep the line going when the stockroom was closed. The more outrageous these got in stealing parts the faster they got promoted. Then, the company outsourced to a different company that wasn’t in the same building. That company was open whenever the main company was building. So, the parts had to be moved the legal way. (The outsourced company got paid based on metrics of never being without a part that was needed.) Problem solved.

My next company also outsourced. There were vending machines all over the plant. An employee swiped their badge and the machine dropped the parts into a bin and the employee opened a door and removed them. The machines were all internet connected and somebody from that company kept them refilled and serviced. It virtually illuminated parts shortages.

The pharmacist at Publix told me that they would eventually close all the Publix store pharmacies and replace them with an automated warehouse that mailed the prescriptions. They’d either go to your house directly, or if a controlled substance would go to a Publix where you’d pick it up from a regular employee. If you have a question you’ll be instantly connected to their English speaking pharmacist in Bangalapore. All those awesome $60,000 pharmacy jobs are about to become a part of history.


20 posted on 01/08/2015 4:48:52 AM PST by Gen.Blather
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