Tag: automation

Watch: Dishwashing Robot Cleans Plates At Restaurant

Via ZeroHedge

A new wave of investments in automation is expected to eliminate 20% to 25% of current jobs by 2030 (40 million displaced jobs). In the latest installment of robots taking jobs, we have found a robot dishwasher that threatens to replace 550,000 jobs in the coming years.

A startup called Dishcraft Robotics is set to disrupt commercial kitchens with robot dishwashers. The new robot is designed to reduce the time and energy that humans spend washing plates by using automation to make sure dishes are cleaned faster and cheaper than a typical human. 

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China really is to blame for millions of lost U.S. manufacturing jobs, new study finds

Via Marketwatch

Robots are not to blame for the loss of millions of U.S. manufacturing jobs.

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Millions of Americans who lost manufacturing jobs during the 2000s have long ”known” China was to blame, not robots. And many helped elect Donald Trump as president because of his insistence that China was at fault.

Evidently many academics who’ve studied the issue are finally drawing the same conclusion.

For years economists have viewed the increased role of automation in the computer age as the chief culprit for some 6 million lost jobs from 1999 to 2010 — one-third of all U.S. manufacturing employment. Firms adopted new technologies to boost production, the thinking goes, and put workers out of the job in the process. Plants could make more stuff with fewer people.

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Will Automation Make Us Poor?

Submitted by Aaron Bailey via The Mises Institute,

Automation has become a huge concern in recent years. With computer algorithms getting more and more sophisticated, machines are becoming increasingly able to do jobs that are many people’s bread and butter.

Driverless cars have been tested on our roads for years. Although they aren’t commercially available yet, they eventually will be. Once that happens, they’ll replace cab drivers, as well as people currently contracted by rideshare companies like Uber and Lyft. After all, if employers can remove the expense of paying drivers, they can provide their services for much cheaper while still retaining a greater net profit. Automated vehicles will also replace commercial freight drivers.

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