June 5, 2015

Develop and Developing Nations: The Shift to Robotics

"Ilot robotisé de contrôle d'étanchéité" by Gkisten - Own work. Licensed under CC BY 3.0 via Wikimedia Commons

Recent developments in technology, especially in robotics, are creating debates whether the development in the said field would reduce the human employment. The trend in technology is to lower the cost; specifically, it is projected that the cost of robots would be lower compared to laborers in the next decades. The technologists’ view point is that, low skilled jobs will be reduced (e.g. packaging, repacking, cargo, and the likes) which are routinary, can be programmed, and be done by robots at a faster pace; but this will be replaced by high skilled laborers who will work with robots. The shift from human intensive to robot powered plants would be beneficial to develop nations since their labor force are majorly skilled and educated; but this will negatively affect developing nations where most of the low skilled jobs are put into.

Unlike develop nations who are easily adaptable to labor trends, developing nations adapts slower because of the lack of focus on research and development. Surely, develop nations would adapt to the trend since this will reduce the cost and will provide jobs to their countrymen. Developing nations should prepare to this shift, by implementing policies that will protect the labor force.

Technology has improved the lives of many people, and it should continue its benefits; not to harm the jobs of the people. If few people will amass the income of robotics transformation, who were incapable to mass consume; who will buy the products and services produced by robots? Robotics transformation is not bad; but there is a right timing. Today where majority of the world population is seeking for a job and having a difficult to land one, would this be the right age for robotics?

Businesses should revisit their mission and as ask their selves, is it all about cost efficiency and production speed? How about the social improvement?

No comments:

Post a Comment

Subscribe to Philippine Economist via Email