The McKinsey Global Institute estimates that “half of all the activities people are paid to do in the world’s workforce could potentially be automated by adapting currently demonstrated technologies. That amounts to almost $16 trillion in wages.”
But, this change won’t happen overnight; in fact, McKinsey predicts it will take until 2055 for work as we currently know it to be transformed.
Until then, collaborative robots like Sawyer and Baxter can still help manufactures meet their labor shortages. Because these cobots were designed to work the way people do, they give small manufacturers the option of “lights out manufacturing” at a time when finding skilled workers for a second or third shift is tough.
To see how manufacturers of all sizes are using cobots on the factory floor, take a look at the Rethink Robotics video gallery. Also, subscribe above to receive the next Cobot Recap and other blog post alerts delivered right to your inbox.
About the Author
Jim had a choice upon graduating from Tufts University – chase a dream as a concert pianist or become part of the inaugural Leaders for Manufacturing Program at MIT. He chose the latter– dedicating his career to developing and delivering innovative solutions that improve the business of manufacturing. Internally at HP, and then at breakthrough start-ups in e-commerce, inventory optimization and supply chain risk management, Jim’s never once looked back. His charter today: capture the power of data and analytics to push the standard for world-class manufacturing higher—once again.