MIT economist and co-author of the book Race Against the Machine Andrew McAfee says robots will ultimately replace humans in a number of jobs, dramatically changing the economy. However, he says robots are not going to run companies or hold department meetings, and thus are unlikely to become your boss anytime soon. However, they could replace people in certain roles.
3. What effect will an increase in robotic technology have on the labour force?
4. What kinds of jobs are robots unlikely to replace?
But there is a flipside. ‘In this world, everything would be a lot cheaper because labour costs would drop to zero. And people would be freed up to do things other than work. We could use our time to explore, create, perform, craft, mingle, and so on because we wouldn’t have to work to produce the necessities or luxuries of life; the robots would be taking care of that,’ McAfee says.
5. What are the possible benefits of robots to society?
One thing is certain, robots are about to become more commonplace. In many ways, they are already everywhere but we’ve trained ourselves not to notice. The future may be about robots, but will we even notice?
6. Which industries do you think robotics is most likely to affect in the future?