Report: Robots, technology help create jobs, not destroy them

Don't be afraid of robots and technology!

| Aug 20, 2015 at 10:35 am CDT

Will robots steal our jobs? There seems to be mounting fear that the human labor force will face pressure from robotic automation, though a new report from Deloitte indicates job creation among the creative, care, tech and business service sectors make up for jobs lost in agriculture and manufacturing.

Report: Robots, technology help create jobs, not destroy them | TweakTown.com

"It's been very easy to identify where jobs have been destroyed," said Ian Stewart, chief economist at Deloitte, in a statement to CNBC. "Job losses generally are very conspicuous, whether it's a middle manager replaced by software, or checkout staff displaced by auto terminals, whereas job gains [are] harder to identify."

Machines help drive down production costs, and consumers are more willing to spend on new consumer goods and services. Researchers point to increasing sales for things like short holidays, morning cups of coffee at a local café, and other luxuries consumers may not be able to splurge on.

Of course, there is a labor gap shortage, and income inequality seems poised to become even worse with increased robotic automation. No one is really sure what the future holds, but we'll have to prepare to make sure robots don't negatively impact a large portion of the human labor force.

Last updated: Apr 6, 2020 at 08:32 pm CDT

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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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