Will Robots Pay Back?
Robots shouldn't be viewed as a hammer. Think about what you need to accomplish and evaluate robots as one tool / solution to a business issue.
Are Robots Good or Bad?
According to the Material Handling & Logistics, robots are slashing U.S. wages and worsening pay inequality. That is certainly a provocative statement! According to new research by MIT's Daron Acemoglu and Boston University's Pascual Restrepo, one additional robot per thousand workers reduces the employment to population ratio from .18 percentage points to .34 percentage points and slashes wages from .25% to .5%.
People Remain “In”
If you want to achieve profitable business growth apply the people plus initiative equation and see how your bottom line transforms.