Robot will take over 45% of the work within ten years
Recently, some media said that robots will take over 45% of the manufacturing industry in 10 years and cut labor costs by 9 trillion US dollars.
According to reports, a U.S. bank predicted in a report of 30 billion yuan that robots and other forms of artificial intelligence will change the world from 2025 to the point where people can hardly recognise it and destroy it creatively. The whirlwind, breaking the old business model, the impact of this transformation will eventually reach 30 trillion US dollars or even more, if any country can not use this robot revolution, its competitiveness ranking will quickly decline and thrown behind. South Korea is currently in a leading position in this regard, with 40,000 manufacturing robots per 10,000 employees in the manufacturing industry, followed by Japan and Germany, and the UK ranking at 75, which is among the lowest in the developed world.
The report said that the dynamic demand will soar. The average cost of nursing robots for the care of the elderly in the past 10 years, the agricultural robots for planting and picking fruits, commercial drones, and artificial intelligence has dropped by 27%, and it is expected to decline again by 2025. At 22%, meanwhile, the price of an advanced robot welder fell from 182,000 US dollars in 2005 to 133,000 US dollars last year.
The report claims that we are approaching the turning point of a view that the cost of using a robot is 15% lower than the cost of hiring a worker. The threshold has been crossed in the automotive industry in Europe, the United States and Japan, and robots are used for spot welding. The hourly cost is $8, while the labor is $25. The social consequence of this is that people at the bottom of the job market will be eliminated. If they do not receive re-education, these people will not find jobs. Bank of America stated that it will replace human resources and estimates that the United States will face nearly half of the jobs at the end of the time.
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