In this civilised and modern world we live in, where people like to blame immigrants for taking their jobs and straining public services, let us not forget what is actually going on with the once massive sector of production employment. For decades now millions of people all over the world have been replaced by robots and the owners of a Chinese factory in Dongguan will tell you why. Recently 90% of its employees were replaced with robots, reducing the staff size from 650 to just 60. This has lead to a 250% increase in production and an 80% decrease in defects. Nothing we didn’t already know of course, but it is nice to still see our antiquated ideas of business, capitalism and growth at all costs, are still going strong.
That is right. More people will lose jobs