Robots are going to bring manufacturing back to the US — and that’s not necessarily a good thing

Rethink Robotics The robot revolution will completely transform a number of industries by streamlining everything from finance to manufacturing. It will also significantly drive down labor costs, which means companies that have shipped jobs overseas are increasingly bringing operations back to US soil — with robotics and artificial intelligence taking on tasks previously done by humans. The potential cost savings for companies are staggering: While a full-time offshore employee costs roughly 65% less than an an onshore full-timer, using a robot could actually be up to 90% cheaper, according to Deloitte. Robots also don’t complain, make careless mistakes, or take any sick days. While that’s great for companies, it may not be cause for celebration among workers, as jobs go from outsourced to “bot-sourced.” “The more processes can be automated, the less it makes sense to outsource activities to countries where…


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