Robotics and Automation Companies in united
states are booming in recent years. Also
known as robotic process automation, the proliferation of artificial
intelligence over the past decade has been a significant cause for the
widespread adoption of automation in almost all sectors and fields.
There have been growing fears that
more automation will lead to jobs being taken over by robots. This is true to a
certain extent. However, throughout the history of mankind, it has been
observed that development of new technology has contributed greater opportunities
and collaborations. Artificial intelligence and automation will prove to be a
game-changer in an extraordinarily productive and positive manner.
Just like our forefathers couldn’t
have predicted the numerous jobs available today, we too are unable to see how
the jobs of tomorrow will look like.
An excellent example would be the
industrialization of agriculture. At the end of the Industrial Revolution,
about 50% of Americans were employed in the agricultural jobs. Currently, only
2% are engaged in the farming sector. Clearly, the decrease in these jobs did
not have much impact. The economy has seen tremendous growth, and jobs in other
industries multiplied in the same time. Other than working in factories,
computer-related jobs, flying airplanes and moving cargo to various parts of
the country were some of the things that weren’t possible in the early 1900s.
Here are some of the advantages of
automating various sectors.
1. Cost
With automation, comes
abundance. This means that prices will drastically reduce. A recent study took
into account the automation potential of various industry sectors. The list was
topped by accommodation and food services, agriculture and manufacturing.
Volumes will go up immensely, leading to significant drops in prices. The increased
demand will also lead to the employment of more workers to keep up.
2. More jobs
Since prices are kept low,
people buy more items. As a result, more people must be employed to man the
warehouses even though the number of hours spent by a person per package is
lower.
3. Automation may be a necessity
With reducing population
growth and birth-rates, the working age population will diminish. To maintain
the GDP, productivity will have to be much higher. Sustaining the GDP, however,
will require improvement in productivity at the same rate as it has over the
past 50 years. This is highly unlikely. Automation and robotics have been shown
to increase productivity by as much as 0.8 to 1.4%, provided that humans keep
working as well.
What is promising is that almost
every job looked at, could be automated. The critical point to note is that
remarkably few can be fully automated without any human intervention. For
example, the CEO could spend more time discussing new ideas, rather than analysing
reports that artificial intelligence could do the job instead. New robotics and automation companies in
united states are using the power of AI to ensure that people aren’t bogged
down by routine tasks in their everyday life. After all,
wouldn’t it be wonderful if cooking and laundry could be automated so that we
would have to worry about it at all?