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 at February 13, 2015 5:12 PM
  

blog comments powered by Disqus
« SISI IS WHO THE NEOCONS CLAIMED MORSI TO BE: | Main | DEFINING THE RACE: »