Robots won’t kill the workforce. They’ll save the global economy.

Ruchir Sharma for The Washington Post:  The United Nations forecasts that the global population will rise from 7.3 billion to nearly 10 billion by 2050, a big number that often prompts warnings about overpopulation. Some have come from neo-Malthusians, who fear that population growth will outstrip the food supply, leaving a hungry planet. Others appear in the tirades of anti-immigrant populists, invoking the specter of a rising tide of humanity as cause to slam borders shut. Still others inspire a chorus of neo-Luddites, who fear that the “rise of the robots” is rapidly making human workers obsolete, a threat all the more alarming if the human population is exploding.

Before long, though, we’re more likely to treasure robots than to revile them. They may be the one thing that can protect the global economy from the dangers that lie ahead.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

DENSO Small Assembly Robots

DENSO Small Assembly Robots

DENSO is the world's largest manufacturer - and user - of small assembly robots, employing over 17,000 of its robots in its own facilities. Over 77,000 additional DENSO robots are used by other companies worldwide. The compact, high-speed robots are used in traditional manufacturing sectors, as well as in advanced-technology applications in the medical, pharmaceutical and life sciences industries. Learn more about DENSO Robotics