Robot Productivity and John Maynard Keynes
More than 90 years ago, John Maynard Keynes published [...]
More than 90 years ago, John Maynard Keynes published [...]
Changes that happen slowly are changes nonetheless, and a decade-long shift in over-the-road trucking from human drivers to robotic ones will have important consequences.
Summary. A supply-demand thought experiment uses machinists as an example [...]
Eli Lehrer made a series of assertions in an opinion [...]
Today is the day: AHiRE announced its existence and mission [...]
Stars and Stripes reports that the United States Navy has begun testing the world’s largest unmanned ship.The Sea Hunter is an entirely new class of ocean-going vessel.
Multiple organizations, ranging from USA Today to Fortune, are reporting that Microsoft founder Bill Gates endorsed taxrobots most fundamental statement -“When a robot takes a human being’s job, transfer the human’s tax burden to the robot: tax the robot.”
The Washington Post recently published two articles that effectively illustrate the double edged sword of advanced robotics. Ruchir Sharma’s December 2 opinion piece affirming that “Robots won’t kill the workforce …” conveniently, misses more than half of the issue by showing only the wealth production aspects of robotics.
The Washington Post recently published two articles that effectively illustrate the double edged sword of advanced robotics. Ruchir Sharma’s December 2 opinion piece affirming that “Robots won’t kill the workforce …” conveniently, misses more than half of the issue by showing only the wealth production aspects of robotics.
According to the Bureau of Labor Statistics, United States manufacturing employment rose from 1945 to a peak of about 20 million jobs in 1980. It then dropped by about 8 million, or 40%, from 1980 to 2015 while manufacturing output almost doubled. Doubling output while reducing labor by almost half was the result of automation and robotics.