How Does the Integration of Robots Impact the Economy?

by Emily on October 11, 2018

in Articles

Many industries are waking up to the necessity of having robots as part of their workforce. Quite a number have therefore integrated them in the day-to-day activities in various corporations. In fact, even small enterprises are seeing the need to have a robot or two working amongst the human workforce.

The robots have impacted their working environments and the humans therein in the following ways:

1. Precision and efficiency

With human workers, there is always the issue of fatigue which more often than thought results in error. Then there is time wasted as the action has to be repeated due to the error. Robots do not have this issue unless they malfunction. They do not get tired and they can work nonstop for hours. They are also programmed to perform repetitive tasks which are not only monotonous and thus boring for humans, but can also turn out to be injurious.

Throughout history, humans have found ways to make work easier for them by coming up with technology, from the simplest to the most complex; for instance, farming tools to machines that can take over vehicle assembly, loading and packing. Manufacturers and distributors of robots such as Robotics Diverseco have robots that take over some of the mentioned tasks.

Coming up with machines that could take up almost any task that can be performed by humans was inevitable. In fact, they are able to perform the tasks allocated to them more efficiently and precisely owing to their programming and their lack of the usual human limitations. They therefore improve productivity as well as the quality of products, especially in the manufacturing industry. They take over tasks that are potentially dangerous for humans, which in turn brings down the risk of work related injuries in the workplace.

Furthermore, they are created to assist humans. especially in tasks involving lifting and carrying. Robots effectively take over tasks such as:

  • Taking stock inventory
  • Loading and packing
  • Provision of therapy services for children
  • Motor vehicle assembly

They work alongside humans to perform these tasks which are performed with more efficiency considering the fact that they do not experience the usual human limitations such as:

  • Fatigue
  • Frustration
  • Need for replenishment
  • Hunger
  • Boredom

2. Increased productivity

With the issue of errors resolved, there are better quality products which benefits such as better quality of life. This is a direct result of a higher quality of life necessitated by better salaries, improved products and services as well as the lowering of costs.

Robots have more or less made this possible. They work around the clock and without error therefore drumming up production and quality.

3. Creation of jobs

The common belief is that robots are coming to take over human jobs. The truth on the ground is that they have created opportunities for better jobs with better wages and improved skills. Robots mostly take over from the low skilled workers who mostly perform repetitive tasks. These workers can be retrained and allocated tasks that require better skills, thus moving up form their previous positions and earning better wages.

Robots have a positive impact on the economy as you will find out from Robotics Diverseco and other robotics platforms because not only do companies enjoy increased output and better quality products, the workforce also benefits from training for higher skills which results in better wages.

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{ 1 comment… read it below or add one }

Tarique Amir October 11, 2018 at 10:49

Hi Emily,

Usage of robots in our work has come a long way. It has made the job much more easier and efficient. It cuts down the production cost and can be considered a boon for the business.

Thanks for sharing this post, have a great day. 🙂

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