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Printer-friendly PDF.pdf

e16f678ac622aef079c62459707bfe61b5127697.pdf

🔗 Source: cdn.sanity.io

📊 Size: 323 KB

👤 Author: Robert D. Atkinson

⬇️ Downloads: 156

Summary

Robotics will increase productivity, potentially bringing manufacturing production back to developed countries, and labor will likely receive a significant share of the benefits. Key takeaways include: robot adoption will drive productivity growth and reshape global supply chains, automation will bring manufacturing back to developed countries, and most forecasts exaggerate automation's impact on employment. The next production system, driven by robotics, will benefit both developed and developing economies, but developing economies will benefit less due to lower labor costs and less incentive to replace labor with technology. Robotics is an increasingly important technology for automation, and its adoption will be a key determinant of productivity growth, potentially reshaping global supply chains. Faster productivity growth is needed to boost the global economy, and robots are already driving productivity, contributing to 10% of GDP growth per capita in OECD countries from 1993 to 2016.

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Description

Robotics will increase productivity, potentially bringing manufacturing production back to developed countries, and labor will likely receive a significant...

Technical Information

File Format: PDF
File Size: 323 KB
Pages: 21
Language: EN
Author: Robert D. Atkinson
Total Downloads: 156
Last Updated: 1 week ago

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