February 13, 2015
WINNING THE WAR ON WAGES:
Robots replacing human factory workers at faster pace (ASSOCIATED PRESS, 2/13/15)
Cheaper, better robots will replace human workers in the world's factories at a faster pace over the next decade, pushing manufacturing labor costs down 16%, a report Tuesday said.The Boston Consulting Group predicts that investment in industrial robots will grow 10% a year in the world's 25-biggest export nations through 2025, up from 2% to 3% a year now. The investment will pay off in lower costs and increased efficiency.
Posted by Orrin Judd at February 13, 2015 5:12 PM
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