In an article published by Dagens Industri it’s stated that companies that automate their production with industry robots increase productivity, increase salaries, and decrease prices.
It does not, on the contrary to what the public may believe, lead to decreased employment. This is the results from a study conducted at London School of Economies and Uppsala University, where researchers have analyzed the economic consequences of industrial robots in 17 countries between 1993 to 2007.
According to Georg Graetz, one of the researchers of this study, the results indicates that the companies face increased demand and expand their operation, hence they do not need to decrease their work force.
The question is how industrial robots will affect the future. A report from “Stiftelsen för Framtidsforskning” claims that every second job in Sweden can be automated in 20 years due to new technology such as Artificial Intelligence and robots. World Economic Forum states that although new technology will remove 75 million jobs until 2022, it will also create 133 million new jobs.
Stefan Fölster, CEO of the think-tank “Reforminstitutet” argues that different tasks will be automated, not complete employments, and that people can learn new tasks. Both Graetz and Fölster however state that automation may result in increased polarization in the labor market, since the middle wage employments, such as those of industry workers and lower white-collar workers, will be automated.
At Optilon, we help our clients adapt efficiently to their future environment, which include automation of production planning. We react positively to the results of this study, as we help our clients increasing their productivity without decreasing their work force.
Read the full article (in Swedish).