Posted on 04/09/2016 5:38:18 PM PDT by nickcarraway
China’s uptake of industrial robots is set to rise rapidly in the coming years as higher labour costs and the heightened aspirations of workers push manufacturers to embrace automation.
The development may add to fears that workers in poorer countries are most in danger of being displaced by automation, with analysis by Citi and the Oxford Martin School, a research and policy unit of the UK university, published earlier this year suggesting that more than 75 per cent of jobs in China are at a “high risk” of computerisation.
Mirae Asset Management, an Asia-focused house with $75bn of assets, predicts that China’s robot army will expand at a compound annual growth rate of 35 per cent until 2020.
Given that the International Federation of Robotics estimates that China had 260,000 industrial robots last year, Rahul Chadha, chief investment officer of Mirae, says:
(Excerpt) Read more at ft.com ...
I thought they meant something quite different by “robot army” and “surge.”
Amazon has 30,000 robots right now. ..I’m sure that will rise
Young Chinese men will have...
1.) No wife
2.) No job
That is a LOT of pissed-off Chinese guys.
The consequences of PRC territorial ambitions will provide a sudden solution to this problem, I believe.
“No wife”
Sooo, why do you think the Chinese are working so hard on robotics? Never mind AI. What they have in mind doesn’t require intelligence. Personally, I’m holding out for the Candice Swanepoel model :)
That, and/or the Japanese will have a huge market for their rapidly developing sex robots / haptic suits.
We’ll have surging robots too. Just ours will come from China.
Drones are scary. Very cheap WMD for poor countries. Just ad the chemical or biological component.
Yes...a flying robot, basically
terracotta army?
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