Robots & Demographics
According to Industry Week and Moody's Investor Service, there could be a significant upside to robots with the near-term demographic time bomb in Japan and Germany.
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%.
Technologies Transforming Supply Chains
One of the ways to become cost competitive with lower labor cost countries is to automate. Look for all the new uses for technology in supply chains. Modern marvels and new information technologies are transforming supply chains. Automation, robots, AI (artificial intelligence), 3D Printing, Bitcoin technology and the IoT [...]