You are Royally Fucked
- While the population is growing we see robotics and outsourcing moving ahead rapidly putting millions out of work . . . and the idiot politicians keep importing more and more workers.
(USA Today) - About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, BCG says. Four industries will lead the shift — computer and electronics products; electrical equipment and appliances; transportation; and machinery — largely because more of their tasks can be automated and they deliver the biggest cost savings.
About 10% of all manufacturing functions are automated, a share that will rise to nearly 25% in a decade as robotic vision sensors and gripping systems improve, the research firm says.
Meanwhile, costs are tumbling. The cost to purchase and start up an advanced robotic spot welder has plunged from $182,000 in 2005 to $133,000 in 2014, with the price forecast to drop another 22% by 2025.
That's prodding manufacturers to replace workers. BCG says manufacturers tend to ratchet up their robotics investment when they realize at least a 15% cost savings compared with employing a worker. In electronics manufacturing, it already costs just $4 an hour to use a robot for a routine assembly task vs. $24 for an average worker.
Within two years, the number of advanced industrial robots in the U.S. will begin to grow by 10% a year, up from current annual growth of 2% to 3%, the study says.
Replacing employees with robots is projected to result in a manufacturing workforce that's 22% — or a few million workers — smaller by 2025 than it otherwise would have been.