IMPACTS OF ROBOTICS ON WORLD ECONOMY

[Pito001]

It's a normal progress process. In the futre more and more jobs will be replaced by robots

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[Ucy]

I guess by Robot you mean atonomous machines (not necessarily the human/animal shaped robots)?

A  Robots complement and augment labour, the future will be robots and humans working together 

Well, I will probably only buy simple autonomous machines or complex ones that I fully understand, Or build it myself(or buy the custom-made).. . Will prefer those I can always easily control.    If I will ever use robots or autonomous machines, I will use those that cannot be connected to centralized internet. And I will set their rules for decentralized  control on a good or well decentralized network/internet .

[justdimin]

Honestly considering all the regular stuff we need to survive, I do not think that it is impossible to make them all automated. What do you need most in your life? Groceries right? Like water, bread, flour, whatever? Or maybe you want to order fast food? A burger and a shake maybe? How could these not be mechanized?

Of course we still need a human to be there to check the situation and see if everything is going right, but we could totally get all of this done. How? First of all you create the warehouse as a place that is machined, it won't be like a regular grocery store, and when you send order from mobile app at home, the warehouse machines will start working, get one cart which can be automized fairly easily, go to each item which will drop to the cart and when it is over it will load up to a car which we know can be humanless driving with new cars, comes to your home door, you pick from there. Zero human worked on it.

[hahay]

The impact of having robots replacing human tasks, which I realized, was that more people lost their jobs. If we compare it to before the existence of robots, at least in one industrial area there were so many employees that the existence of robots made many human positions replaced. I am not sure that the robot will advance the economy more equitably, because it will only be enjoyed by the upper class and vice versa, the lower class society with many shortcomings will still find it difficult for them to get a more decent income and job.

[fiulpro]

I do believe that we all understand how Robots take over the jobs of the people , it is advantageous for the employee of course since it's more like a one time investment.

But then again there are hazardous working conditions no doubt , which actually is good when undertaken by the robots.

But more or so they will cause positive economic growth altogether but at the same time the individual economic growth will be halted for sure.

The big companies will continue to make profits and the small workers will be overshadowed by the profits made by the big businessmen

[Emitdama]

There are so many advantages to the increasing number of robotics, same as there are disadvantages.
The most that a lot of people are complaining about, is the part that humans are going to be losing their jobs because of these robots. This doesn’t affect those who are Business owners, it’s only the employees that are being affected.

Business owners always have plans to keep maximizing their profits, and they are always ready to do whatever it takes to increase their profit, and they can choose to use robots to replace humans in areas where it’s possible for them to do so.

[pixie85]

Robots have been with us for a while now and have been implemented in sectors like military, medical and manufacturing;
• Drones are being used for reconnaissance and to attack enemy territory without needing to man the craft.
• Medical field has relied on technological advancement to improve the quality of health care.

These two examples aren't the best because drones aren't on full autopilot. It's true that they don't require a pilot but are flown remotely from base so the pilot is there on the job. Drones also require almost as much maintenance as normal planes.

Medical robots also work under surveillance. The same job used to be done by a surgeon but now you need a surgeon, a robot designer, a robot manufacturer and someone to maintain and fix any errors and issues between surgeries so you need even more jobs for what used to be done by a single man.

[fillippone]

Robots are essentially slaves, of illegal migrants if you prefer, that work in dangerous environments, like factories or mines, or doing tedious works. On addition to that they are working without health insurance, or requesting paid leaves). This drives  prices of goods down,
And  salary for the middle class down.
So this means robotics had a real impact in our economies, and primarily on weaker portions of population .
One solution would be to tax robots, like it was  proposed in the Eu a few months ago.

[AmoreJaz]

Robots are essentially slaves, of illegal migrants if you prefer, that work in dangerous environments, like factories or mines, or doing tedious works. On addition to that they are working without health insurance, or requesting paid leaves). This drives  prices of goods down,
And  salary for the middle class down.
So this means robotics had a real impact in our economies, and primarily on weaker portions of population .
One solution would be to tax robots, like it was  proposed in the Eu a few months ago.

tax the owners of these robotics companies. because these robots dont know anything bout it. but are they already doing that?  we just don't know to what extent?
 but lets admit it, robotics will save a lot of human efforts and at the same time get good performance/results.
we are in the age that we need this industry to save our resources and put them into good use.

[Shasha80]

The use of robotics in the business world can benefit business owners, because it can reduce employees and this can reduce
the burden on the company to pay employee salaries. But on the other hand it can increase unemployment, even though robotics
can do jobs that humans do, but not all sectors can be done by robotics. So in fact, the existence of robotics forces humans to be
more creative and work hard, so that they are not replaced by robotics. In other words, robotics forces improve the quality of human
resources, of course this has a good impact on the economy.

[Janation]

The use of robotics in the business world can benefit business owners, because it can reduce employees and this can reduce
the burden on the company to pay employee salaries. But on the other hand it can increase unemployment, even though robotics
can do jobs that humans do, but not all sectors can be done by robotics. So in fact, the existence of robotics forces humans to be
more creative and work hard, so that they are not replaced by robotics. In other words, robotics forces improve the quality of human
resources, of course this has a good impact on the economy.

There will be an adjustment to education too if that happens.

Since manufacturers might be focussing more on getting AIs or robots in the future, education will be shifted into something that would adapt to these changes. Maybe they would let people handle things that couldn't be handled by robots like medical cares and stuff that needs the warmth, the intelligence and knowledge of a human being.

[fillippone]

The use of robotics in the business world can benefit business owners, because it can reduce employees and this can reduce
the burden on the company to pay employee salaries. But on the other hand it can increase unemployment, even though robotics
can do jobs that humans do, but not all sectors can be done by robotics. So in fact, the existence of robotics forces humans to be
more creative and work hard, so that they are not replaced by robotics. In other words, robotics forces improve the quality of human
resources, of course this has a good impact on the economy.

There will be an adjustment to education too if that happens.

Since manufacturers might be focussing more on getting AIs or robots in the future, education will be shifted into something that would adapt to these changes. Maybe they would let people handle things that couldn't be handled by robots like medical cares and stuff that needs the warmth, the intelligence and knowledge of a human being.

Are you sure about that? I have already seen robots painting, writing poems or books, as well as being used in medical care as nurses, taking basic task like delivering pills, but with “emphatic interfaces”. Development is exponential, we can only hope humans can keep par of this.

[coolcoinz]

^
I'll add that just the single use of automated cars (robot drivers) will revolutionize transportation. Think of how many people around the world work as taxi drivers. It may take another 50 or 100 years but sooner or later they'll all be gone along with all truckers and train machinists. What will those people do?
You can see them having problems already with widely available eletric vehicles. Why would you get a cab and have to ask the driver if he'll wait for you at every stop when you can get a cheap EV car for an hour, go shopping, pick up kids from school and leave it parked anywhere you want when you're done?

[Yatsan]

Impacts of robotics on the world economy can be seen to have both advantages and disadvantages in a long run. Automation do really makes more productivity compared to manual work for it takes lesser time and a lot more accuracy and efficiency working with robots compared to human manual works that encounters human related errors due to factors related to experience, age and other stuff that affects their working capacity to job unlike with robots that are programmed to do specific tasks that are most likely a lot more impressive considering the time and the product of work they produce, which is all in all a favorable advantage for the existence of robotics into the world economy for it creates seamlessly fast productions which is good for the economy. While on the other hand which is the disadvantage that humans are being replaced for the works are already can be done by robots with a lot more efficiency and productivity which can be a reason out why there could be a possibility of an increase rate on unemployed individuals because of this.

[fillippone]

^
I'll add that just the single use of automated cars (robot drivers) will revolutionize transportation. Think of how many people around the world work as taxi drivers. It may take another 50 or 100 years but sooner or later they'll all be gone along with all truckers and train machinists. What will those people do?
You can see them having problems already with widely available eletric vehicles. Why would you get a cab and have to ask the driver if he'll wait for you at every stop when you can get a cheap EV car for an hour, go shopping, pick up kids from school and leave it parked anywhere you want when you're done?

Oh, automatic/robotic drive will completely change a lot of industries. Think about mechanics (no more car accidents), insurances (no more car accidents), parking lots not needed anymore, traffic lights neither, and even how we build cities will be totally revolutionised. Cities changed when we shifted from horse powered transportation to ICE transportation, so I guess the next big revolution will be automated drive.

[abhiseshakana]

Impacts of robotics on the world economy can be seen to have both advantages and disadvantages in a long run. Automation do really makes more productivity compared to manual work for it takes lesser time and a lot more accuracy and efficiency working with robots compared to human manual works that encounters human related errors due to factors related to experience, age and other stuff that affects their working capacity to job unlike with robots that are programmed to do specific tasks that are most likely a lot more impressive considering the time and the product of work they produce, which is all in all a favorable advantage for the existence of robotics into the world economy for it creates seamlessly fast productions which is good for the economy. While on the other hand which is the disadvantage that humans are being replaced for the works are already can be done by robots with a lot more efficiency and productivity which can be a reason out why there could be a possibility of an increase rate on unemployed individuals because of this.

Automation in all fields, especially the industrial sector, is considered a certainty, but many people are not aware of this problem, many individuals do not make preparations to compete with robots. Indeed, the robot vs human period will still occur in a few decades, but the government has not really carried out socialization and even made educational programs so that human competence can be above robots.

The way governments currently organize education may no longer be appropriate for a world facing rapid technological changes. The government is not updating education, training and political institutions to deal with it, and making transition plans so that talent can fill looming skills gaps.

[amishmanish]

^
I'll add that just the single use of automated cars (robot drivers) will revolutionize transportation. Think of how many people around the world work as taxi drivers. It may take another 50 or 100 years but sooner or later they'll all be gone along with all truckers and train machinists. What will those people do?
You can see them having problems already with widely available eletric vehicles. Why would you get a cab and have to ask the driver if he'll wait for you at every stop when you can get a cheap EV car for an hour, go shopping, pick up kids from school and leave it parked anywhere you want when you're done?

Oh, automatic/robotic drive will completely change a lot of industries. Think about mechanics (no more car accidents), insurances (no more car accidents), parking lots not needed anymore, traffic lights neither, and even how we build cities will be totally revolutionised. Cities changed when we shifted from horse powered transportation to ICE transportation, so I guess the next big revolution will be automated drive.

Mechanics will still be needed for regular maintenance, if not for the paint job after a crash. Considering that most of these cars will be Electric, automated and have fancy software installed, there will be a whole force of software + hydraulics + electronic technicians and Engineers in place of the mechanics. I suppose they'll be better paid. Car insurance will probably cease but theft/ sabotage/ natural actions like a falling tree would still need to be considered.
No more drivers but who can say that people wouldn't still want the luxury of a chauffeur driven car. Maybe all the people who cannot afford an "automatic" will go for the now much-cheaper drivers.

Robotics and automation in general will surely disrupt a lot of jobs but with proper planning and regulation, they can also result in newer job patterns.

[ipanks]

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.

[RealMalatesta]

I guess so far in the history of the world we have seen the rich people do whatever they can to stay rich and not help the poor, they have always been like that, it was true 2000+ years ago when people had slaves, it is true today when people have "modern" slaves where they pay a wage that is barely enough to survive and usually in debt some way to keep working and never do what they really want.

So, if the robotics manage to take over business a lot and rich people could use robots instead of people that means they will pay once and not pay salary, so others will have to starve to death. Rich people will not suddenly go "well we use robots, so maybe we should all pay high taxes in order to pay UBI to unemployed people" that is never going to happen.

[bocyaj]

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.