From the Blog

Boston Consulting Group Study Predicts Rise of the Robots

robot
A new report by the Boston Consulting Group (BCG) predicts that the next decade will see “more robots where factory works used to be.” The research, released today, shows that a cheaper and more efficient robotic workforce will cut manufacturing costs for corporations in the U.S. and around the world.  Here at home, the study projects that manufacturing costs will be cut by about 22 percent by 2015. On first glance, the headline looks like a nightmare; a precursor to the subhead: Mass layoffs coming your way! But that might not be true, according to the report’s writers. “While robotics will displace a bunch of workers today, it’s going to create opportunities for new types of jobs,” said Justin Rose of BCG. What kinds of jobs?  High tech and high paying jobs like programmers and high-level engineers. Rose and his BCG colleagues say that robotics will help contibute to an American manufacturing renaissance. But will Americans be ready to seize those jobs when they become available?  Even today, manufacturers struggle to fill open, skilled positions.  Research shows that some 600,000 skilled manufacturing jobs remain open, despite persistent unemployment numbers. One way to combat that problem is to spread the word that manufacturing is an exciting field, currently undergoing cutting edge technical revolutions.  A quick look around the FABTECH show floor confirms it.  (Check out our Youtube channel and Instagram page for proof.) Interested in checking it out for yourself?  Join us for FABTECH 2015 in Chicago in November 9-12. Can’t wait until then (or just looking to see both manufacturing awesomeness AND the beach?), join us for FABTECH Mexico in May.

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