by Declan Flaherty, Taylor Fleming, Adrian Garcia, Joshua Gaspard, Brielle Gentile, Lauren Gill and Langston Goldenberg
The cost of using new industrial robots ranges between $50,000 to $80,000. Used robots can cost from $100,000 to $150,000. Robots used for management have negative costs such as people losing their jobs as managers. Twenty-five percent of CEO professions can be picked up by robots and thirty-five percent of management related tasks can be automated by them. Although management robots have some negative costs, they save a lot of money. Companies can save money and time using robots, especially robots used for management purposes.
In 2017, South Korea had installed 710 robots per 10,000 employees. In order to successfully utilize robots in positions where human interaction is needed, “collaborative” robots must be used. The most recent model of these robots are classified as TS 15066. Collaborative robots, in order to be safe for human interaction, must have at least one safety measure. The use of these robots add more “strength, precision, and endurance”.
Many office and factory managers will be replaced by 2023. By 2023 2/3 of the managers will be gone. Humans say they prefer the robot management due to completely objective outlook. They also keep you on task through computer notifications and not through yelling or hazing. Studies show that productiveness is up because of robot management.
A Mckinsey study reveals that automation has the ability to make certain jobs such as predictable physical work better. However some jobs are just not a great fit for automation. Work such as forestry and construction for example, which are performed in an unpredictable environment, may not be well suited for automation. Since robots are given a specific task to follow, if their job quickly changes in an unpredictable manner, they might end up being less efficient.