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The Robots Are Coming… To Help You

August 18, 2017 : Permanent Link

(Harvest) Based on our analysis, the robotics industry will be much larger than most experts anticipate, but it will not drive the unemployment rate up. Collaborative robots have become a disruptive force in the traditional industrial robots industry, and will turbocharge the demand for robots to levels far beyond current expectations. Historically, and to the surprise of many, robots have not limited employment in industries that have automated. ARK anticipates that the introduction of collaborative robots, which have a lower sticker price and are easier to train, will expand the market for robots significantly, without destroying jobs.

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