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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
By: Michael Hatamoto | Science, Space & Robotics News | Posted: May 3, 2015 4:45 am

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

 

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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.

NEWS SOURCES:Cnbc.com, Resources.businessplantoday.com

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