Wednesday, February 10, 2016
There are Now 260,000 Robots Working in U.S. (Does not include Rubio)
There are now more than 260,000 robots working in U.S. factories. Orders and shipments for robots in North America set new records in 2015, according to industry trade group Robotic Industries Association, reports Market Watch.. A total of 31,464 robots, valued at a combined $1.8 billion, were ordered from North American companies last year, marking a 14% increase in units and an 11% increase in value year-over-year. Shipments rose 10% over 2014 to 28,049 units. The biggest increase in robot orders came from buyers in the automotive, semiconductor and electronics industries, according to the trade group. The most popular jobs for these robots were industrial, including coating and dispensing, material handling and spot welding.
Thank you minimum wage laws.
There is nothing wrong with robots in the economy. They can certainly be helpful in replacing monotonous work, but the growth in robot implementation is certainly expanded by minimum wage laws which make it financially sensible to bring in robots to replace expensive labor.
at 1:37:00 PM