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Robots to create less labour-intensive future industries

24 May, 2016 10:20 am

There has been much talk of the impending robot apocalypse that could overwhelm the human workforce as intelligent automation starts to be implemented into every traditional world industry.

"Not only blue collar but now white collar professionals are being threatened by technological change," wrote Bill Gross, a mutual funds manager at the Janus Capital Group.

Quoted on the New Stack, Gross asserts that we are failing to address the future as we are likely to experience it with self-driving cars and the robotisation of our future global economy.

The changes afoot have been called a new era of technological unemployment, in which computer scientists and software engineers essentially invent us out of work.
TAKEAWAY THOUGHTVirtually every industry on the planet is thought to be developing into a less labour-intensive version of itself in future years as new robotics and other related intelligence technology is assimilated into existing business models
Read more on The New Stack

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