Robotics Revolution is Hyped

[Mangus Ortus Novem]

The problem is, as machines get more and more efficient, they also produce more commodities within a certain amount of time. These commodities need to be sold to consumers, but here is the catch 22. A deminishing middle class means a deminishing consumer class.

The fundamental philosophic question of post industrial society/ post post-modern world: AI vs. Human.

What is it be human in an intuitive AI world?

Frankfurt shool has no answer.

Who can answer this?

 

[Mista]

The fundamental philosophic question of post industrial society/ post post-modern world: AI vs. Human.

What is it be human in an intuitive AI world?

Frankfurt shool has no answer.

Who can answer this?

To enjoy the fruits of labour (oops) of the AI robots.

 

[Shotgunner51]

Why?
You sell made-in-Germany products, they provide jobs.
Without overseas markets, Germany is dead.

Hey bro I'm back to PDF! Have been away for almost half a year, business wasn't easy!

On topic, what's being "Hyped" here? Of course robotics for manufacturing is THE way forward, like as if there's any alternative. Industries here are installing robots at break-neck speed as we speak, adding more units in 2014 than any other country by far. By end 2015:

• China Mainland had an operational stock of 262,900 industrial robots, second only to Japan (297,200 units) in the world, has overtaken 3rd position North America (US/Canada/Mexico combined 259,200), 4th South Korea (201,200), 5th Germany (183,700), 6th Italy (61,200) and 7th Taiwan (50,500).

• China Mainland and Taiwan combined at 313,400 units, already world's largest stock.

• However in terms of Robotics Density (units per 10,000 workers), world''s highest are: 1st South Korea (478), followed by 2nd Japan (314) and 3rd Germany (292), China Mainland is not even close yet, still lots of room to grow.

• Backed by such strong demand from China, the upstream robotics industry is set to grow as well. Currently the 4 global leaders industrial robotics are FANUC, Yaskawa, Kuka AG and ABB, others include Yamaha, Denso Wave, Mitsubishi, etc. China is actively building her own robotics industry as well as acquiring foreign firms e.g. China's MIDEA is in the process of acquiring Germany's largest robotics firm Kuka AG which is valued at US$5 billion.

China's automation will only continue to pickup speed.


http://www.ifr.org/industrial-robots/statistics/

 

[AndrewJin]

Hey bro I'm back to PDF! Have been away for almost half a year, business wasn't easy!

On topic, what's "Hyed"? Of course robotics for manufacturing is THE way forward, like as if there's any alternative. Industries here are installing robots at break-neck speed as we speak, adding more units in 2014 than any other country by far. By end 2015:

• China Mainland had an operational stock of 262,900 industrial robots, second only to Japan (297,200 units) in the world, overtaken 3rd position North America (US/Canada/Mexico combined 259,200), 4th South Korea (201,200), 5th Germany (183,700), 6th Italy (61,200) and 7th Taiwan (50,500).

• China Mainland and Taiwan combined already largest.

However in terms of robotics density (Units Per 10,000 workers), world''s highest is in 1st South Korea (478), followed by 2nd Japan (314) and 3rd Germany (292), China is not even close yet! Given the degree of automation is still low, still lots of room to grow.

Currently the 4 leading providers of industrial robotics are FANUC, Yaskawa, Kuka AG and ABB, others include Yamaha, Denso Wave, Mitsubishi, etc. I believe the robotics manufacturing industry will benefit from such China's strong demand on automation, now China's MIDEA is in the process of acquiring Germany's largest robotics firm Kuka AG which is valued at US$5 billion.


http://www.ifr.org/industrial-robots/statistics/

Welcome back, the richest PDFer!
How much money have u earned when u were away?
U must hold a big welcome back party at Shanghai's best bar and invite us all!

 

[Götterdämmerung]

Why?
You sell made-in-Germany products, they provide jobs.
Without overseas markets, Germany is dead.

Jobs for robots. It's impossible to create 40 million jobs for engineers and designers for Germany alone. Our wages for factory workers have been either stagnating or declining if we factor in inflation. The only group of people who still make handsome profits are exporting companies. Don't you see that even for highly developed countries automatisation will also pose a lot of issues with regard to employment?

The fundamental philosophic question of post industrial society/ post post-modern world: AI vs. Human.

What is it be human in an intuitive AI world?

Frankfurt shool has no answer.

Who can answer this?

The Frankfurt school has been a trap for us implanted by the Chicago boys.

 

[AndrewJin]

Jobs for robots. It's impossible to create 40 million jobs for engineers and designers for Germany alone. Our wages for factory workers have been either stagnating or declining if we factor in inflation. The only group of people who still make handsome profits are exporting companies. Don't you see that even for highly developed countries automatisation will also pose a lot of issues with regard to employment?



The Frankfurt school has been a trap for us implanted by the Chicago boys.

You could have a lot of jobs...But u now even don't own the eateries/cafes at the corner....

 

[Götterdämmerung]

You could have a lot of jobs...But u now even don't own the eateries/cafes at the corner....

I don't understand that reply.

Service jobs will never earn the amount of money our industry earns to provide us the high living standard.

 

[AndrewJin]

I don't understand that reply.

Service jobs will never earn the amount of money our industry earns to provide us the high living standard.

Industry makes money and pay taxes which pay people's welfare.
Service sector makes jobs which exist when industry exists.

 

[Mangus Ortus Novem]

Jobs for robots. It's impossible to create 40 million jobs for engineers and designers for Germany alone. Our wages for factory workers have been either stagnating or declining if we factor in inflation. The only group of people who still make handsome profits are exporting companies. Don't you see that even for highly developed countries automatisation will also pose a lot of issues with regard to employment?



The Frankfurt school has been a trap for us implanted by the Chicago boys.

My goodness, you know your stuff!

All the Germans I have known are really well read people. But then you have Bavarians...

Japanese and Germans are two best reading nations on the planet...at least back then. Do not know what is it now.

Now enjoy my respect, my freind.

 

[Götterdämmerung]

My goodness, you know your stuff!

All the Germans I have known are really well read people. But then you have Bavarians...

Japanese and Germans are two best reading nations on the planet...at least back then. Do not know what is it now.

Now enjoy my respect, my freind.

We also have many Mockingbird media brainwashed people. One of them is a member in this forum, a Vietnamese pretending to be a good German citizen.

Industry makes money and pay taxes which pay people's welfare.
Service sector makes jobs which exist when industry exists.

I think it's a bit more complicated than you think.

 

[AndrewJin]

We also have many Mockingbird media brainwashed people. One of them is a member in this forum, a Vietnamese pretending to be a good German citizen.


I think it's a bit more complicated than you think.

I know it's complicated
What I'd like to convey is, you have some high-end industry jobs, but your low-end jobs have been occupied by non-native.
Talk about here, tourism in Western China is crazily booming, which absorbs large amount of people who used to be workers in Coastal China. And these jobs are only for Chinese.

 

[Mangus Ortus Novem]

We also have many Mockingbird media brainwashed people. One of them is a member in this forum, a Vietnamese pretending to be a good German citizen.


I think it's a bit more complicated than you think.

Ah, ja... how to Kill The Mocingbird...

When everything is going the drain we still have the 9th to be played and listened to on old record..with all its creaks...

I find it truely tragic to see Europe going the way it is... sometimes... even a thought occurs that there is perhaps a method in this maddness...

Enjoy the rain outside the window...

I begin to understand you..

 

[Tripoli]

My posts on page 1 included articles that address this potential problem.

https://defence.pk/threads/robotics-revolution-is-hyped.442193/#post-8525351
https://defence.pk/threads/robotics-revolution-is-hyped.442193/#post-8525406

IMO there will still be jobs for mass cheap labour in the next 10 years but it's hard to say beyond that. What is certain however is wages will be pushed down as labour competes with increasingly sophisticated technology. Those with capital will be able to purchase new machines and technology to increase production.

Hence capital will be a more important factor for production and labour less so in the future. Which means to say the rich will get richer while the poor get poorer, relatively. Developed countries also faces such problems.







Notice that even as real GDP grows, employment and wages remain stagnate or even decline? That's because new top companies in Fortune 500 are more capital intensive than labour intensive.

100 years ago, the top companies such as General Motors are labour intensive and employ many people.

Today, the new top companies are capital and technology intensive.

Spoiler: Revenue per employee in 2015

5. Amazon: $577,482 per employee
image: https://static-ssl.businessinsider....3e73-960-720/5-amazon-577482-per-employee.jpg

Revenue: $88,990,000,000

Number of employees: 154,100



4. Microsoft: $732,224 per employee
image: https://static-ssl.businessinsider....d-960-720/4-microsoft-732224-per-employee.jpg

Revenue: $86,830,000,000

Number of employees: 118,584



3. Softbank: $918,449 per employee
image: https://static-ssl.businessinsider....80-960-720/3-softbank-918449-per-employee.jpg

Revenue: $64,600,000,000

Number of employees: 70,336



2. Google: $1,154,896 per employee
image: https://static-ssl.businessinsider....b91-960-720/2-google-1154896-per-employee.jpg

Revenue: $66,000,000,000

Number of employees: 57,148



1. Apple: $1,865,306 per employee
image: https://static-ssl.businessinsider....0510-960-720/1-apple-1865306-per-employee.jpg

Revenue: $182,800,000,000

Number of employees: 98,000


Read more at http://www.businessinsider.sg/top-tech-companies-revenue-per-employee-2015-10/#0jBZgC0IrKCg0tQx.99

Thank you for the detailed response.
I have a question. You say that only cheap labor jobs will survive the robotic revolution. What about jobs in
web developing, software developing etc. Will they also be replaced by robots or will they survive for a much longer time?

 

[Götterdämmerung]

I know it's complicated
What I'd like to convey is, you have some high-end industry jobs, but your low-end jobs have been occupied by non-native.
Talk about here, tourism in Western China is crazily booming, which absorbs large amount of people who used to be workers in Coastal China. And these jobs are only for Chinese.

Our economy is already over 70% based on service and no, foreigners occupy only a small part of it. There is not much room for growth in that sector. Crtsinly not high paying jobs. Most people working in the service sectors are not well paid to consume our high end products.

Ah, ja... how to Kill The Mocingbird...

When everything is going the drain we still have the 9th to be played and listened to on old record..with all its creaks...

I find it truely tragic to see Europe going the way it is... sometimes... even a thought occurs that there is perhaps a method in this maddness...

Enjoy the rain outside the window...

I begin to understand you..

Have you heard of Mackinder? According to his geopolitics, we need to foster a bridge spanning from Berlin via Moscow to Beijing in order to keep the Zio-Anglo imperialists out of Eurasia. That's the only strategies to world peace without sacrificing souvereinty and cultural diversity.

 

[Mangus Ortus Novem]

Our economy is already over 70% based on service and no, foreigners occupy only a small part of it. There is not much room for growth in that sector. Crtsinly not high paying jobs. Most people working in the service sectors are not well paid to consume our high end products.



Have you heard of Mackinder? According to his geopolitics, we need to foster a bridge spanning from Berlin via Moscow to Beijing in order to keep the Zio-Anglo imperialists out of Eurasia. That's the only strategies to world peace without sacrificing souvereinty and cultural diversity.

Whoever controls the world-island controls the worlds oceans..

And its petty copy... The Grand Chessboard. Yes...the father of geopolictics...

Yes. The imperial strategy is to keep Germany down, Russia out and China contained.

The sad truth is that europe has no sovereignity. It is an occupied territory. They will do whatever is asked of them.

Eurasian integeration...first economically and over a couple generations culturally is the key to human evolution and survival.

The humanity needs a break now.