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The Rise of Robotic Labor
kkleiner wrote in with a link to a singularityhub story about the increase of automated manufacturing world-wide. The article reads: "The accelerating rise in robot labor of the past decade, and its expansion into all areas of production, have led many to worry about the future of human workers. Yet how extensive is the robotic take over of labor? Our friends at Mezzmer Eyeglasses did some impressive research and created an even more impressive infographic explaining the present and future of robots in the workplace."
I just wonder who is going to buy all those goods and services when we are all replaced by robots.
Seven puppies were harmed during the making of this post.
On the contrary: The robots aren't competitive in a market where people work for cheap, no benefits, and there's (literally) billions of them that would jump at the chance to have the job of repetitive labor.
That'll explain the recent stories about Chinese factories replacing humans with robots because the humans are too expensive (I seem to remember there was a story about Foxconn posted here a few weeks back).