Since 20th century, technology has been improved dramatically. Since then people had been debating that, "Will technology bring more jobs and prosperity?". There also expectation about a new disease, "Technological Unemployment" (John Maynard Keynes 1930) where people lost jobs because of technology could replace them. However, most of economist said that, "By raising productivity, any automation which economises on the use of labour will increase incomes and generate new product and demand that in turn create a new jobs for displaced workers."(The Economist 2014).
This assignment will explain more about the robotics benefit for humanity and its limitation. More over what precaution should we take when robotics age coming.
Robotics for individual
Nowadays robots have been infiltrating our lives. There are everywhere, anywhere, even there are one in front of you (The Atlantic 2014). If you don 't believe it, look at your hands. Do you realize that your Smartphone in your hand is considered a robot? Well it doesn 't looks like our average robots on the market. However if we considering robot as something that good at doing specific task, our phone is. It help us organize our schedule, alert us when an email or message comes, tell us when someone searching for us and much more they could do. Imagine our world today without our …show more content…
As time pass, the machine capabilities are rising. It would be make more senses to use robot instead of seeking a cheaper skilled labour (The economist 2014). For ages, the trend in manufacturing sector has been steadily reducing the employment of labour. It was inevitable as people standard of living increase, they have to increase the wages of the labour. Even in development country, unemployed are given some form of allowance. This becomes the "Reservation wages" where the employee will not accept the job offer if below certain amount (The economist