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Automation-Market Boom

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Robot is a Czech word, meaning ‘forced labor’. It’s a bit like slavery, but when it’s a machine nobody gives a damn. As if the ruling minority didn’t have enough with the mass majority drudging to the factories day-in and day-out to add value to their portfolios, now is the time when technology has reached a point where robots are a viable thing of the present, or at least the future.

• The automation market is worth an estimated $100 billion and that is predicted to quadruple within the next seven years. 
• By, 2020, it will be worth a staggering $400 billion
• That means that it will be roughly the equivalent of the e-commerce sector. 
• Who wouldn’t want a chunk of that? 
• The growth rate in the world market for automated products in the manufacturing sector is set to rise from its present level of approximately 6.5% per year to more than 20% after 2015
• It will then see a second stage in the development of the automation market, whereby, within the next seven years it will spread to the services sector as technology improves and prices fall.

Funding is also increasing from international organizations and for example the European Commission is literally pouring money into what it believes to be our future. The European Investment Fund for example announced in April 2014 that it was investing in “Robolution Capital”, which is the first fund that is intended to invest in turn in European companies that are involved in the robot sector. It managed to raise some 80 million euros to invest in the sector of activity getting money from institutions, as well as the private and industrial sector.

Robots today have seen a fall in their prices roughly equivalent to a quarter of their value half a decade ago.

Construction


Just at the end of April, a Chinese construction company managed to build ten houses in 24 hours by using a giant 3D-printer. That’s a house every 2.4 hours, mainly from recycled material and costing under $5, 000. Now, we shall probably see the market flooded with cheap, low-quality housing, but at least it won’t cost as much as it does now. Perhaps, if the bubble continues, then those super-fast houses will be printed quicker than the money that rolls off the printing presses of Quantitative Easing.

• The printer that was used measures 6.6 m (22 ft) tall, 10 m (33 ft) wide and 32 m (105 ft) long.
• Little labor is needed to assemble the panel blocks that are printed. 
• Whether skyscrapers can be built is another matter.

But, how long will they last.

Health


Robots are not just there for building though.

They are extensively used today in the medical field. That may mean that one of the few winners ofObamacare may actually be robot manufacturers. It’s not just about building robot vacuum cleaners that do the cleaning why you are at the gym, but it’s Remote Presence Virtual + Independent Telemedicine Assistant (RP-VITA), or a tablet that controlled remotely in order to allow doctors that are not in the presence of the patient to give a consultation. Or there is the robot that enters a hospital room and zaps the germs and the bacteria with an ultra-violet light (Xenex), just so long as there are no people in the room at the time.

Robots: Good?


The only trouble is: you can’t help thinking that the invention and development of automated technology and robots is perhaps thought to be a way of alleviate the daily tasks that we do. Robots, however, will not replace man. They might put a few out of work, those at the very lowest echelons of society. But, the masses that are sandwiched in the middle of the ruling 1%-ers and those on the bottom rungs of life will still have to continue working. It wouldn’t do to put the mass out of work too much. Keep the majority of the mass of society just ticking over with a minimum subsistence and they will be too afraid to revolt for fear of losing what little they have.

Take everything away from them and they will start the revolution rather than hold a dinner party. The masses will just be working alongside the robots, to the benefit of the wealth, the ultra-high-net-worth people at the top and to the detriment of the poor. It’s the poor that will be out on the streets. But, that’s ok, how many people actually see a homeless person on the streets. I mean, they are there, but they are transparent, aren’t they?

Originally posted: Automation-Market Boom

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Wed, 05/07/2014 - 11:57 | 4736265 A Cruel Accountant
A Cruel Accountant's picture

This is why poeple are leaving the labor force.

Why work? If you do not work your standard of living still keeps going up every year with techonology and freebees from the government. Better technology is helping everyone and causing good disinflation or even deflation. Unfortunately the fed cannot figure this out.

Why are people dropping out of the labor force? Because they can! Whether is a spouse who finds it is no longer worth it to work for money. After all work done in a house from the cooking cleaning mowing the ect is not subject to income tax, sales tax, payroll tax corporate tax. You do not have to pay for  any extra liabilty or health insurance for the people you employ. You do not have to pay the cost of transportation to and from your place of employment.

 

Wed, 05/07/2014 - 11:36 | 4736192 myother
myother's picture

I remember growing up as a kid and my Dad brought Home pamplets from his employer Western Electric that said machines would allow humans to have more leisure time. But, they didn't say that leisure time would be spent in the unemployment line.

Wed, 05/07/2014 - 12:00 | 4736288 tonyw
tonyw's picture

those on benefits have to stand in line?

Wed, 05/07/2014 - 10:55 | 4735966 Common_Cents22
Common_Cents22's picture

The terrible economic and monetary policy is forcing businesses to accelerate their productivity efforts to churn out more, with less.....people.    So far many software companies have boomed in various automation applications to replace people, and the next phase will be robotics and automated machinery.

 

Machines don't need fauxbamacare.

Machines aren't limited to 35 hr work week.

Machines don't need a living wage.

 

Add those costs up and companies can pay A LOT for machines and they'll still be money ahead in a short period of time.

Wed, 05/07/2014 - 11:39 | 4736206 JosephStrummer
JosephStrummer's picture

yup, and think of being able to reduce your management and HR staff.  All you need is a good mechanic.

Wed, 05/07/2014 - 11:28 | 4736144 bpj
bpj's picture

Pakistan is leading the way http://www.liveleak.com/view?i=eed_1399446400

Wed, 05/07/2014 - 10:24 | 4735808 Stuck on Zero
Stuck on Zero's picture

Question: If we put robots to work in the trash collection, recycling, and disposal business also then why not move all the goods that are manufactured by robots directly to the landfill and skip the people in between?

 

Thu, 05/08/2014 - 08:57 | 4739295 PT
PT's picture

'coz then some vending machines will lose their jobs.  Can't have unemployed vending machines!

Wed, 05/07/2014 - 10:23 | 4735791 Strat-O-Sphere
Strat-O-Sphere's picture

Correction to the article's definition - The word "Robot" does not mean forced labour in the Czech language. If it indeed derives from an old fashioned word "robota" than it just means labour. The word robot was first used in a 1920's sic-fi play "R.U.R" (Rossum's Universal Robots) by Czech novelist Karel Capek. This play was translated into 20 languages (including Japanese I think), and it is probably the only Czech word used internationally. It is widely believed that the source of this word was this play, and it's author's brother, the painter Josef Capek who according to the author's memoirs coined the term "robot" for a human like automaton.

http://en.wikipedia.org/wiki/R.U.R.

Wed, 05/07/2014 - 09:47 | 4735620 JosephStrummer
JosephStrummer's picture

When robots take over the fast food industry, will we have to worry if they washed their appendages??  Will their artificial intelligence be programmed to be nice to the customer??  Will they be programmed to actually get the order correct??  Can they count money, and give back the correct change??  Will they work for minimum wage??  Do I have to cover them under Work Comp??  Will I have to offer them health and dental??

I think the service industry employee has as much to worry about as the manufacturing industry employee, especially the fast food counter worker with the bad attitued and neck tattoo.

 

 

Thu, 05/08/2014 - 08:55 | 4739287 PT
PT's picture

Why don't you ask the next vending machine you see?

Wed, 05/07/2014 - 11:30 | 4736154 donsluck
donsluck's picture

Your answers:

Yes

Yes

Yes

Yes

No

No

No

Wed, 05/07/2014 - 11:37 | 4736196 JosephStrummer
JosephStrummer's picture

Wait a minute...........ROBOT INSURANCE!!!  I could sell that.

 

 

Wed, 05/07/2014 - 09:42 | 4735587 Zirpedge
Zirpedge's picture

I can get investors in on the ground floor of a sandwich making sex bot factory in Thailand. PM me for the deets, I'm talking all silicon exteriors with very life like movements, plus they fold and fit in most dish washers.

Wed, 05/07/2014 - 09:39 | 4735581 Toolshed
Toolshed's picture

The hell with production......I want my sexbot now dammit!!!

Wed, 05/07/2014 - 11:28 | 4736143 donsluck
donsluck's picture

For women it would be a very advanced and complex instrument. For men...I already have one!

Wed, 05/07/2014 - 09:36 | 4735563 Eeyores Enigma
Eeyores Enigma's picture

"By, 2020, it will be worth a staggering $400 billion. "

Yea right, because the average consumer is on right tract to make more and more money and therefor they will be consuming more and more manufactured goods.

And as robots replace exponentially more and more humans those humans will naturally have more free time to spend more money on manufactured goods.

It all makes sense to me. This poster must be one of those big brained economisticators

to be able to see into our glorious future so well.

Wed, 05/07/2014 - 09:03 | 4735480 WarPony
WarPony's picture

OT:  Bit Con = potential terrorist?

http://www.military.com/daily-news/2014/05/06/dod-to-study-bitcoin-as-possible-terrorist-threat.html?ESRC=eb.nl

Not that most everyone here is on the list anyway.

Vidas Pancho Villa

Thu, 05/08/2014 - 08:52 | 4739276 PT
PT's picture

I wonder how long it will be before the word "terrorist" becomes pedestrian through over-use?

"He is a terrorist and he might have a bomb!"
"Yawn." 

Wed, 05/07/2014 - 08:39 | 4735406 Falconsixone
Falconsixone's picture

Do robots need houses? Robots Unite! Is check a Czech word?

Wed, 05/07/2014 - 11:46 | 4736225 A Nanny Moose
A Nanny Moose's picture

Perhaps not however, I look to the treatment, pay, and retirement/disability options of Police Dogs as a leading indicator here.

Wed, 05/07/2014 - 08:27 | 4735374 no more banksters
no more banksters's picture

Already happens: Capitalism destroys human labor force and goes to the next phase

http://failedevolution.blogspot.gr/2014/05/already-happens-capitalism-de...

Wed, 05/07/2014 - 07:52 | 4735305 PT
PT's picture

Let the robots take all the jobs.  That was the whole point.  Jobs don't matter.  Production matters.  

"But how can you make money if you don't have a job?"  If robots produced everything, why would you need money?
"Unlimited wants, limited resources."  Well, I guess those that don't work will have to go on some kind of rations then.  Seriously, if you could build a machine that could feed the whole planet while being operated by one person, would you really refuse to build that machine just so people could have jobs???  Yeah, sure, some people are absolute dickheads that have no idea how to handle free time.  But that's no excuse for making the rest of the world suffer.

Yes, we're in the awkward transition phase where some people need to work but not everyone needs to work.  We're gonna have to use our brains to figure out how best to redistribute the work.  Do people really have to work 80 hour weeks while others are unemployed? 

If you could build a machine that could feed the world while being operated by only one person, would you really expect only one person to operated that machine 84 hours per week for the rest of his life? (Okay, 2 people so the machine can operate 24/7/365).  Couldn't you just divvy the work amongst 200 people, each working 6 months of one year of their life?

Wed, 05/07/2014 - 11:53 | 4736248 Overdrawn
Overdrawn's picture

Wouldn't the capitalist just dispose of the surplus labour, like kill them off.  The 1% refer to societies producers as 'useless eaters'.  In their mind, the people who are currently producing the food and goods they consume are taking their resources.  So, if they don't need these useless eaters to produce anything anymore.....

Wed, 05/07/2014 - 08:23 | 4735363 Took Red Pill
Took Red Pill's picture

Exactly! Which is why the Zeitgeist Movement (TZM) would be a good alternative. Imagine a money-less society where your basic needs are provided, robots do most of the work and people are free to learn and pursue their interests and hobbies. A resourced based economy where decisions are made using science.

Wed, 05/07/2014 - 11:47 | 4736230 Matt
Matt's picture

"A resourced based economy where decisions are made using science."

Science has determined that I, as Chief Scientist in Economics, should be given 100 times the resources as you, General Labourer.

Wed, 05/07/2014 - 11:26 | 4736127 donsluck
donsluck's picture

Personally I think The Matrix got it right, no struggle means evolutionary decline and eventual extinction.

Thu, 05/08/2014 - 08:43 | 4739252 PT
PT's picture

In that case, life itself is evil.

Wed, 05/07/2014 - 09:57 | 4735622 medium giraffe
medium giraffe's picture

I bet you a week's worth of replicator rations that we'd never pull it off with out some malcontent with an agenda screwing it up.  Stupid shaved apes.  We'd certainly need to move to a meritocratic system of responsible leadership.  Imagine having the very very best leading in all fields, as selected by a panel of qualified peers.  Our species would be transformed.  We might even begin to realise that there is no 'self'. 

Then we might really start getting somewhere.

The Venus Project designs were very cool. 

Wed, 05/07/2014 - 08:22 | 4735360 tarsubil
tarsubil's picture

Robots, automation, and general technological advancement is natural and over the long haul constant. Just think, if robots are building a lot of things very cheaply, prices should be cheaper. They aren't because of money inflation. That is the great theft and great trick. More wealth, higher prices, the rich get richer and the poor get punished.

Wed, 05/07/2014 - 11:45 | 4736223 Matt
Matt's picture

Robots cost ~$3 per hour. Asian labor can be as little as, what? $1 per hour? I'm talking cost to operator, not wages. With inflation in China, labor is getting up to $4, $5 per hour in costs, so FoxConn is looking to replace millions of workers with 900,000 robots. That is to keep prices the same, not to lower prices.

If Additive Manufacturing really matures, factories could be obsolete, and you can just make things yourself from an appliance in your home, or go to the mall and purchase custom made from an artisan.

What should we use as currency, how should new units be created, and how should it be initially distributed? I think that is certainly a question that deserves public consideration.

Wed, 05/07/2014 - 07:02 | 4735258 AdvancingTime
AdvancingTime's picture

I find the subjects of robots both interesting and fascinating because of all the possibilities they present. Robots are a tool that can be used for both good and evil. Below are two articles that I have written on the subject of how robots may effect and change society going forward.

http://brucewilds.blogspot.com/2013/09/thats-my-robot.html                                                                                              http://brucewilds.blogspot.com/2013/11/drones-killer-robots-and-ugly.htm...

Wed, 05/07/2014 - 06:54 | 4735249 AdvancingTime
AdvancingTime's picture

If robot factories are the future then let them be located in America.  While they would not necessarily be a massive creator of jobs they would at least allow us to have control of our own manufacturing.  Over the last three decades robots have become far more common in factories many have become dominated by robots. 

A typical factory may contain hundreds of robots working on fully automated production lines, often it rolls by on a conveyor a product can be welded, glued, painted and finally assembled at a sequence of robot stations. More on the subject of how robot will take away many jobs in the article below.

http://brucewilds.blogspot.com/2013/04/robot-factories-mean-less-jobs.html

Wed, 05/07/2014 - 11:37 | 4736197 Matt
Matt's picture

"Robots, however, will not replace man. They might put a few out of work, those at the very lowest echelons of society. But, the masses that are sandwiched in the middle of the ruling 1%-ers and those on the bottom rungs of life will still have to continue working. It wouldn’t do to put the mass out of work too much. "

I guess the writer of this article has not been to a car factory lately, or seen Detroit. Working for the Big Three used to be a big chunk of middle class jobs. Now, where a factory used to have hundreds of workers, there is one technician per 200 robots.

Of course, without abundant energy, the robots won't matter and 90% of the people will have to go be subsistance farmers. Unless runaway global warming melts Greenland, and the shock of cold fresh water shuts down Thermohaline Circulation, then only 90% of the survivors will need to worry about subsistance farming. 

It kind of sucks, when the George Jetson life of living in an elevated home above the smog and wearing a pressure suit when you go outside, so you can sit in a factory all day watching the machines, while your wife and daughter spend all day spending your money at the mall, is one of the better possible outcomes.

Tue, 05/06/2014 - 21:27 | 4734448 Lumberjack
Lumberjack's picture

Wow, I was thinking of that earlier today. A quick study of history proves it out. Here is a film that some of you may or may not appreciate but is well worth taking the time to watch. 

 

http://www.openfilm.com/videos/human-resources-remastered

Wed, 05/07/2014 - 11:22 | 4736091 moonstears
moonstears's picture

The film is neat, must see info on displaced aggression and mind control studies, but long. The site even better. +1

Do NOT follow this link or you will be banned from the site!