connection between robotization and poverty

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CONNECTION BETWEEN ROBOTIZATION AND POVERTY SAIMA FATMI 04 GG 2599 B.E.(ELECTRICAL) NAGMA KHANAM 05 GG 1352 B.E. (ELECTRICAL) ALIGARH MUSLIM UNIVERSITY

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Page 1: connection between robotization and poverty

CONNECTION BETWEEN ROBOTIZATION AND POVERTY

SAIMA FATMI04GG 2599B.E.(ELECTRICAL)

NAGMA KHANAM05GG 1352B.E.(ELECTRICAL)

ALIGARH MUSLIM UNIVERSITY

Page 2: connection between robotization and poverty

TABLE OF CONTENTS

• INTRODUCTION• ROBOTIZATION LEADING TO POVERTY• LABOR DEMAND PERSPECTIVES IN THE TIME OF

ROBOTS• INCREASING WEALTH GAP• FACTS AND FIGURES• STEP TOWARDS ROBOTIZATION• CONCLUSION • BIBLIOGRAPHY

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INTRODUCTION

• Robotization is the automation of a system or task, such that human labor is not necessary, and is replaced with a robotic version

• Robot labor is being implemented in many settings, depriving humans of those jobs.

• This can have detrimental effects on employment and income, particularly for lower skilled and lower waged workers.

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ROBOTIZATION LEADING TO POVERTY

•Everywhere machines are more and workers are less. Every work is completed with the help of machines.

• In offices, people work on computers, laptop; in home, washing machine, refrigerator, is used. Government supply water, electricity with the help of machines.

• Millions of people lose work every year because of the application of various techniques, robots and machines.

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Labor demand perspectives in the time of robots

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INCREASING WEALTH GAP…

• Traditional management skills are replaced with technical knowledge and more scientific methods and programming.

• People who are already privileged and have more advanced skills, become even wealthier, and income disparity and the wealth gap increase.

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• High unemployment exacerbates poverty and a lack of low paying jobs makes it increasingly harder for the poor to work themselves out of poverty.

• This leads to a damaged economy, greater class division, increased welfare dependence, among other consequences.

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FACTS & FIGURES

• According to a recent study by Oxford University researchers who found that 47% of the labor market in the US alone is at risk of being mechanized out of existence.

• More than three million transportation industry jobs are at risk of displacement by the widespread adoption of self-driving vehicles, which will be present in 30 US cities by the end of 2016.

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Fig. showing job growth in US

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STEP TOWARDS ROBOTIZATION

• In US and China fewer people work in manufacturing today than in 1997.

• According to the International Federation of Robotics, robot production has been growing at 12 percent per year since 2010.

• The key players in automation are South Korea, Japan, China, Germany and the U.S.

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• Robotics experts determine the level of automation in a country by the number of robots employed at factories per 10,000 workers.

• This average is called ROBOT DENSITY.

• The country is likely to see rapid growth in automation at an average of 60 percent by 2016.

• IFR data suggests that car production is by far the most robotized sector in the world.

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TREND OF ROBOTIZATION

• Some people think robotization fails to solve the problem of poverty.

• However, some argue that robot labor is actually a positive thing, because it will open up more opportunities for humans

•Robotization may increase the amounts of production, quality and quantity.

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• Some advantages of Robotization are people like to shop from e-stores by sitting at their home.

• Marketing trends have been changed with the awareness of internet

• Industries are using digital devices for getting the output of different products and services.

• So, these are some technological improvements, which lead us to change our lifestyle.

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• Workers must come to terms with the imperative of life-long learning

• Companies must anticipate and adapt to rapid

change.

• Governments will need to meet new demands for education and training

WHAT IS THE SOLUTION?

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CONCLUSION

• As poverty has always existed in the society even before the process of robotization.

• The roots of poverty should be found in the different area such as rapid growth of population and lack of education.

• Better technology makes the production process more efficient and less expensive in the long run.