Industrial robots cooperating on the job.
Economic evolution has become robots taking human jobs. Artificial intelligence is replacing human intelligence. Technology, specifically algorithms, continues to replace humans in more and more complex jobs. These include military, financial, industrial, and service applications. In fact, some jobs lost during the Great Recession in the United States are not coming back due to robots.
Economic evolution is being driven by technology whereby more robots and software, and fewer humans, are doing the work resulting in a higher gross domestic product. The per capita GDP increases but fewer people are necessary - or have jobs.
This artificial intelligence can take many forms from being embedded and unseen in a computer to a more psychologically comforting humanoid robot. Though robots is a favorite term and evokes a science fiction risk, it is actually the algorithms within the software that direct the activities. The great leap forward is now self-learning algorithms, which therefore ultimately means robots that learn.
A huge breakthrough will be utilizing voice-recognition software for service jobs such as a fast food drive-through and customer service desks in stores. Once this occurs, yet more human service jobs will vanish and McDonald's and Wal-Mart will have very few, if any, human workers remaining.
This trend is increasing at an increasing rate and will become more and more evident in everyday life. Welcome to the 21st century of human and robot collaboration and coexistence - and algorithms replacing humans.
Are Robots Hurting Job Growth?
Technological advances, especially robotics, are revolutionizing the workplace, but not necessarily creating jobs. Steve Kroft reports.
Robots can be any shape or size, including humanoid.
Are Robots Hurting Job Growth?
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