Analysis: Greater Robot Densities Linked To Increased Productivity

Research has discovered a hyperlink between increased densities of robots in a population and elevated levels of productivity.


The study - conducted by supply chain specialists Balloon One - analysed nations with comparable levels of manufacturing output and looked at their densities of robots and GDP per hours labored.


The UK, in particular, is falling behind in robotic density:


The UK is the evident example right here however, other than some outliers, there appears to be a general hyperlink between robot density and productiveness:


(Credit score: Balloon One)


Balloon One’s research discovered that:


- For international locations with a robot density of 200 and above, the average productiveness is GDP $53.Eighty one per hour worked and the typical manufacturing levels are 71% of GDP.

- For countries with a robotic density between 150-199, the typical productiveness is GDP $52.17 per hour labored and the common manufacturing ranges are 43% of GDP.

- For countries with a robot density between 85-149, the common productivity is GDP $44.88 per hour worked and the common manufacturing ranges are 86% of GDP


Craig Powell, Managing Director at Balloon One, said:


“This evaluation exhibits that nations with a robot density of one hundred fifty or extra are, on common, experiencing increased productiveness ranges than those with a robotic density of 149 or less. While it may very well be argued that this is a result of some nations being more centered on manufacturing as part of their financial system, and therefore having developed higher infrastructure to meet demand, greater ranges of productivity aren’t skewed in direction of nations that rely extra heavily on manufacturing. In fact, manufacturing levels are, on average, greater (17.86% of GDP) in less-robotic-dense nations.


As a result of there is a correlation between robot density and higher levels of productivity, plainly if the UK elevated its robotic density, it might boost productiveness. This begs the question of whether the nation should make investments more in automation if it needs to see a enhance in its manufacturing productiveness. It definitely appears to be working for nations of a related standing. Societal issues stay that robots. Automation will substitute human jobs. Nevertheless, most consultants imagine that automation will complement human jobs, increase productivity, and generate new roles.


Today’s AIs still require human control and specialise in particular duties, they cannot assume completely for themselves. So-referred to as AGI (Artificial Normal Intelligence) which might emulate. Ultimately change the human mind is predicted to be many years away.


(Image Credit score: Morning Brew on Unsplash)


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