The influence of robotics on employment, an increasingly valued benefit

The influence of robotics on employment, an increasingly valued benefit

17 November 2016

Today, when the dynamism of industry has been affected by fluctuations in the economy, the incorporation of technology in production processes is far from being a threat to employment. On the contrary, its positive effects are expected to be a true revolution.

When we talk about robotic technology, we tend to think of highly complex systems with a demanding installation and induction process. However, this perception has had to evolve as technological solutions are a reality both in the home and in industry. It is for this reason that experts in the area dare to analyze the effect that the growth of this area has on employment and people’s habits in the world.

The changes, or rather the technological irruption, is being seen from household chores to the aerospace sector; from agriculture to health and education, from leisure to the military industry, thus covering a huge space in the economy, and therefore, can easily become prey to fears about a negative influence on employment.

According to a study by Bank of America Merrill Lynch, robots will take over 45% of manufacturing jobs in the next 20 years, compared to 10% today. A true industrial revolution comparable to that of almost two centuries ago, when the introduction of the steam engine gave way to an urban and industrialized economy, thus opening new job opportunities that go hand in hand with the development that industry professionals are also experiencing and in order to adapt to new technologies.

Investors will see new business opportunities open, while users will change their habits following a productive revolution that will involve all economic spheres. According to Merrill Lynch, the robotics and artificial intelligence market will reach a volume of 152 billion dollars by 2020, currently standing at 32 billion.

The Merrill Lynch report highlights eight strategic sectors where robots will have a revolutionary economic effect: artificial intelligence; defense and aerospace; transportation; finance; healthcare; industrial production; domestic services and mining.

In the case of the mining industry, experiences such as the one carried out by MIRS, a leading company in the development of robotic solutions, are an example of how the incorporation of technology in production processes means improvements in the workplace, in terms of safety, effectiveness and resource savings. And at the same time, these changes demand from professionals a constant search for improvement and specialization, which results in an important contribution to production and to the basic premise in the mining market, that is, to concentrate efforts on improving production and prevent it from stopping, in this case a productive continuity supported by the incorporation of robotic solutions.