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Small businesses adopting robots, and more concern jobs are at risk

The threat robots place on the human workforce is expanding, researchers warn

Michael Hatamoto | May 2, 2015 at 11:45 pm CDT (0 mins, 47 secs time to read)

Small businesses want to see if robots are able to drive sales and increase productivity, unfortunately at the expense of human workers.

Small businesses adopting robots, and more concern jobs are at risk | TweakTown.com

Robots are estimated to carry out 25 percent of all industrial tasks by 2025, according to the Boston Consulting Group - and almost half of US jobs face "high risk" of being automated in the next 10 to 20 years, according to co-directors of the Oxford Martin Programme on Technology and Employment.

"Automation is having a big impact. It's both positive and negative," said Martin Ford, author of the "Rise of the Robots: Technology and the Threat of a Jobless Future" book, which will be published later this month, in a statement to CNBC. "Business will need to hire no people or fewer people. You can literally have one person start a manufacturing business."

Automation can have a major financial impact for small businesses, and with investment prices in robotics dropping, could prove beneficial in the future.

Last updated: Apr 6, 2020 at 08:43 pm CDT

Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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