October 9, 2016

Industrial robots will replace manufacturing jobs — and that's a good thing

Photo: Echo/Getty Images There is no denying that the U.S. and Canada have been losing jobs to offshore competition for almost half a century. From 2000-2010 alone, 5.6 million jobs disappeared. Interestingly, though, only 13 percent of those jobs were lost due to international trade; 85 percent of job losses stemmed from "productivity growth" — another way of saying machines replacing human workers. Read More

Source: TechCrunch