“About 1.2 Million Additional Advanced Robots Are Expected To Be Deployed In The U.S. By 2025”

 

It’s possible that the robotization of the workplace will lead to growth in new and more interesting industries yet imagined, but it’s worth searching for solutions right now should that scenario not play out to the degree that’s necessary. From Paul Davidson at USA Today:

Manufacturers will significantly accelerate their use of robots in U.S. factories over the next decade as they become cheaper and perform more tasks, constraining payroll growth, according to a study out Tuesday.

The development is expected to dramatically boost productivity and slow the long-standing migration of factories across the globe to take advantage of low-cost labor, says the Boston Consulting Group report.

“Advanced robotics are changing the calculus of manufacturing,” says Harold Sirkin, a senior partner at the management consulting firm.

A handful of nations, including the U.S. and China, are poised to reap the biggest benefits of the automation wave.

About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, BCG says. …

Within two years, the number of advanced industrial robots in the U.S. will begin to grow by 10% a year, up from current annual growth of 2% to 3%, the study says.

The impact on U.S. factory workers is mixed.

Replacing employees with robots is projected to result in a manufacturing workforce that’s 22% — or a few million workers — smaller by 2025 than it otherwise would have been. But factory payrolls are still expected to rise because of an expanding economy and the growing tendency of manufacturers to move some production back to the U.S. from overseas — a trend known as reshoring, Sirkin says.•

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