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Author Topic: IMPACTS OF ROBOTICS ON WORLD ECONOMY  (Read 373 times)
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September 27, 2020, 10:38:58 AM
 #41

The impact of robotics on the world economy in the company will reduce the number of employees because the robotics will do every task and the robot will do all of the jobs. Maybe we will see robotics in many places, help human works, and be available in the store, public area, and office. We will see much unemployment because they don't have enough skills to compete with the robot. Everything will be automated, and I think we already in that phase now.


Robotics had get into economy with a intention of reducing employees more easily and to reduce their payments.For the company, it maybe a profitable one.But to the workers and to economy it was not a good one. For workers,they lose their monthly salary and it will impact on the real economy.
actually not only that,Robotics are being applied to some company for faster and more accurate working because robotics is much efficient than Human IMO.
so having robots in business makes it profiting more.
though there are jobs that can't be applied by using robotics and that will remain the bread and butter of the human being.
But for me?i had try to use Robot vacuum and i hate it,i rather do the Job manually than having a robot for that specific task since my House is full of things that valuable for me and my ancestors .
i regret buying one.

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September 27, 2020, 02:12:32 PM
 #42

It's a normal progress process. In the futre more and more jobs will be replaced by robots
And that sucks the whole world because the employee will lose job and the physical works will sooner be gone.
what will happen to the family of these people?this is not fair for the humanity.
no wonder that sooner we will see all robotics been attacked or break by the people to stop dismantling their jobs.
we will be in great loss if this continue because yeah businesses will grow and economy will increase but what about the people?
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September 27, 2020, 02:55:54 PM
Last edit: September 27, 2020, 03:32:33 PM by AicecreaME
 #43

To be honest, our future when it comes to technology is pretty scary for humans. Robots might replace humans when it comes to accurate work, never get tired, and could work simultaneously but you'll have a boring working environment. Working with humans are more lively and motivating than working with robots, because we help each other to bloom and comfort each other when down. Now, with the robots, it would feel like we're gonna lose humanity, just like what we see in the sci-fi movies.

AI might evolve to something chaotic like they would have the ability to decide on their own without human giving them commands. When that happens, we just created our own monster that we cannot control.
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September 27, 2020, 04:28:19 PM
 #44

It is certainly dependent on how people will perceive the impacts of robotics within the world economy if it would be good or bad. But certainly if you will look at it most specially making big countries as a basis for having advance technologies (having machines, robots) to do specific tasks, you will already can come into conclusion that presence of robotics in the world economy certainly do have a good impact for it creates more productivity compared to working on with pure man force because as the technology advances, the more we foresee the possibility of creating robots and machines to mimic or do what people can do considering to cancel out potential human errors to create faster and a lot more productive and explicit rate of job being well done in a short period of time. The only thing negative that I can see to be the impact of robotics is that replacement of people will be present because robots does not need to be paid off after purchasing, creates more products, low maintenance, compared to humans that are the opposite of the ones stated. There should be still a balance in nature between humans and robots to be able not to make happen that there could be a possible future that robots will be dominant over people.
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September 27, 2020, 04:34:34 PM
 #45

There are pluses and minuses associated with using robots to replace human labour. On the one hand, this automation can encourage high economic growth because robots are considered to provide efficiency for industrial productivity. On the other hand, this condition holds the risk of hampering labour absorption, considering that many human jobs can be replaced by machines or robots. Obstruction of labour absorption will harm a country's economy. Given that the economic growth of a country is strongly influenced by the level of public consumption. If it is difficult to get a job, of course, people's income as a source of spending is also hampered and in the end, it hinders national economic growth.
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September 27, 2020, 04:43:55 PM
 #46

It's a normal progress process. In the futre more and more jobs will be replaced by robots
And that sucks the whole world because the employee will lose job and the physical works will sooner be gone.
what will happen to the family of these people?this is not fair for the humanity.
no wonder that sooner we will see all robotics been attacked or break by the people to stop dismantling their jobs.
we will be in great loss if this continue because yeah businesses will grow and economy will increase but what about the people?

With that scenario, poverty rate will definitely increase as the jobs available for humans decreases. We might experience famine from small place that will eventually become globally.

I have a scenario in my mind on what might happen. People fighting for foods, rebellion will be a normal occurrence in different states and countries, struggle for power, and the gap between rich and poor will get extremely far. Sure, there is advantages such as rapid increase in economy, innovation to technology, Precision and accuracy in products, and low maintenance vs wages for employees. But where is humanity in that?, where is the stand for us people?, and where is the fairness that should be given to as with the promises from the governments?

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September 28, 2020, 06:51:51 AM
 #47

The impact of robotics on the world economy in the company will reduce the number of employees because the robotics will do every task and the robot will do all of the jobs. Maybe we will see robotics in many places, help human works, and be available in the store, public area, and office. We will see much unemployment because they don't have enough skills to compete with the robot. Everything will be automated, and I think we already in that phase now.
Robotics had get into economy with a intention of reducing employees more easily and to reduce their payments.For the company, it maybe a profitable one.But to the workers and to economy it was not a good one. For workers,they lose their monthly salary and it will impact on the real economy.
I think the workers need to improve their skills to be still used as the company's employees. But when the robotics is used, we, as humans, may search for other jobs that still use humans as the workers. I think robotics will not give much in a few years later because the robotics itself still in development. So we as workers can feel calm for a moment while we can learn more to find better jobs.



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September 28, 2020, 02:13:13 PM
 #48

Robots are helping humans with some tough jobs. They help increase labor productivity many times and replace people in some production stages.
The benefits of robots are enormous for the economy.
Robots or machines also help people in housework.
I think that Robots are beneficial and harmful to life as well as the economy.
It helps people to solve some workgroups and is highly productive but also makes us erase skills in those workgroups.
For example, We use washing machines and robots cleaning the floor often, we will not know how to wash clothes by hand or clean the house.
Car assembly robots save us effort but also eliminate our skills in assembling cars.

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September 28, 2020, 04:36:07 PM
 #49

Well I wouldn't say that we have robots, I like to call them machines, but we can argue which term is better and more accurate. Machines are machines, they can work 24/7 with the same peace, and single machine can replace many workers. In long run it's cheaper and more productive to have one big machine than 100 workers for example! What is the direct impact on economy here? Clearly higher productions means higher supply, and that will eventually lead to over saturated market. That happens even now, we have too much off everything, but not enough people to buy everything that has been made! Bad system, I am saying that for years, we are spending recourses for things we don't fully use, it's a real waste of the nature around!

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September 28, 2020, 05:16:00 PM
 #50

Robots Increase Productivity and Competitiveness: When used effectively, they enable companies to become or remain competitive. This is particularly important for small-to-medium sized (SME) businesses that are the backbone of both developed and developing country economies.
 It also enables large companies to increase their competitiveness through faster product development and delivery.https://ifr.org/img/office/IFR_The_Impact_of_Robots_on_Employment.pdf
Although it may improve such things, SMEs don't really need such huge productivity when customers are only limited, unlike big/factory businesses. Also, the cost of having robots is too expensive for most business owners to fund it when their income will probably not enough.

If this is about the positive impact of robotics, of course, it does have a positive impact knowing that we are adopting technological innovation since we are seeing how technology is making things easier. However, for now, it's still quite early or most people are still not ready for this big adoption because this kind of innovation will cost a lot.
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September 28, 2020, 05:19:49 PM
 #51

Today, truly robotic machines greatly facilitate human labor and reduce the time and difficulty of production in many factories and enterprises. The quality of the products and the efficiency of the production process have grown many times over and this, of course, greatly affects the economy by developing its potential. But if we talk about those robots that people are most likely talking about, which we see very often in science fiction films, then it will take a very long time until they appear, since today there is no point in massively creating and producing a machine that will visually remind a person, moreover, this is not a waste of a lot of money.

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September 28, 2020, 10:44:30 PM
 #52

Now that we are into the continuously rising and improving modern technology that from the traditional now gets to digital and modern advancement making the rise of machineries and robots, we have seen how good is the impact that this have employed into our global economy for works are already been easily and fastly done in short period of time because of automation due to programs being set to follow by the robots producing more higher quality of products and services compared to what human can do. It just so happen that with the continuous innovation of robots because inventors do want to achieve a humsn like behavior to robots, humans can possibly lose their jobs in a long run for robots will take over and do all the tasks.



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September 29, 2020, 04:38:44 PM
 #53

The "robotics" is a questionable one in this example but what about self driving cars? Do you consider that as robotics? If we do that, we are talking about drivers not being a job anymore and there are tons of people who drive for money. Uber famously paid upfront money in billions to Tesla for self driving cars and if they could get it a bit more licensed and agreed by the government as well we are talking about self driving uber cars.

You call one, it comes to you itself, stays there, you confirm you are in it, and put in where you want to go, it takes you there, stops, you confirm you are out and you pay up and basically never even see another human in all of this. Same goes for trucks as well, I know self driving trucks are a bit further away but it is worked on so that means goods will be transported with trucks without any human driving them in the future.
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September 29, 2020, 05:40:20 PM
 #54

in the future, our competitors to get jobs are not only humans <-> humans but also humans <-> robots..  high-risk jobs will of course be taken over by robots in the future.  In this modern era, we as humans are required to think hard about how to use the resources and opportunities that are created.  Robot and AI have been confirmed will take over several jobs in the future but new jobs will appear along with technological developments..

When it is still in the period of adjustment, of course, our economy will be disrupted because the explosion of unemployment cannot be denied.  the good news, it will happen in the next few decades so we can anticipate it from now on..

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September 29, 2020, 05:50:28 PM
 #55

The "robotics" is a questionable one in this example but what about self driving cars? Do you consider that as robotics? If we do that, we are talking about drivers not being a job anymore and there are tons of people who drive for money. Uber famously paid upfront money in billions to Tesla for self driving cars and if they could get it a bit more licensed and agreed by the government as well we are talking about self driving uber cars.

You call one, it comes to you itself, stays there, you confirm you are in it, and put in where you want to go, it takes you there, stops, you confirm you are out and you pay up and basically never even see another human in all of this. Same goes for trucks as well, I know self driving trucks are a bit further away but it is worked on so that means goods will be transported with trucks without any human driving them in the future.

I would not say self driving cars are run by robots, it's just a software doing it. For me a Robot is a physical thing which helps humans in automating production tasks. Maybe it's because I watched too many Terminator movies, but Robots have usually atleast some parts which look human, like an Arm or so. Robots and Machines took over so many areas already in the last 20 years. For example, production and essembly lines became so automated and less dependend on humans. In my opinion this trend is likely to continue at a faster path. Humans will not be needed anymore in production and construction in 30 years from now.
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September 29, 2020, 09:03:45 PM
 #56


I would not say self driving cars are run by robots, it's just a software doing it. For me a Robot is a physical thing which helps humans in automating production tasks. Maybe it's because I watched too many Terminator movies, but Robots have usually atleast some parts which look human, like an Arm or so.
<...>
My cleaning robot clearly disagrees.
As you correctly stated robots are tools in human production. They don’t need to have a human appearance, or rather have an appearance at all: a driving robot is (almost) entirely software. A self driving car looks almost exactly like a human-driven car.
Human like robots might be needed only in very limited industries (sex, for example).

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September 29, 2020, 10:03:47 PM
 #57


I would not say self driving cars are run by robots, it's just a software doing it. For me a Robot is a physical thing which helps humans in automating production tasks. Maybe it's because I watched too many Terminator movies, but Robots have usually atleast some parts which look human, like an Arm or so.
<...>
My cleaning robot clearly disagrees.
As you correctly stated robots are tools in human production. They don’t need to have a human appearance, or rather have an appearance at all: a driving robot is (almost) entirely software. A self driving car looks almost exactly like a human-driven car.
Human like robots might be needed only in very limited industries (sex, for example).

Yes, the exact robots aren't the machines that are designed to run based on the software programmed to perform tasks. As stated human like robots are very specific on few industries like sex. On this pandemic the need for such robots have increased a lot. This is being revealed based on the source from a private company's survey. During the pandemic the sex robots industry has experienced good boom in growth while majority of the industry were facing the hard time. From an article saw a data where 22% of Americans interested to have sex with robots Shocked

Source - Human Robots for Sex

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September 29, 2020, 10:41:50 PM
 #58

Today, truly robotic machines greatly facilitate human labor and reduce the time and difficulty of production in many factories and enterprises. The quality of the products and the efficiency of the production process have grown many times over and this, of course, greatly affects the economy by developing its potential. But if we talk about those robots that people are most likely talking about, which we see very often in science fiction films, then it will take a very long time until they appear, since today there is no point in massively creating and producing a machine that will visually remind a person, moreover, this is not a waste of a lot of money.

Because machines are just better workers.

They don't need to eat and sleep and can work all day. They don't get bored or tired. They will always excel in jobs that require repetitive motion.

I'm happy they're taking over jobs people had to do in bad conditions like packing frozen food.
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