New Wave of Deft Robots Is Changing Global Industry - NYTimes.com - 0 views
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simonmart on 20 Aug 12The falling costs and growing sophistication of robots have touched off a renewed debate among economists and technologists over how quickly jobs will be lost. This year, Erik Brynjolfsson and Andrew McAfee, economists at the Massachusetts Institute of Technology, made the case for a rapid transformation. "The pace and scale of this encroachment into human skills is relatively recent and has profound economic implications," they wrote in their book, "Race Against the Machine." In their minds, the advent of low-cost automation foretells changes on the scale of the revolution in agricultural technology over the last century, when farming employment in the United States fell from 40 percent of the work force to about 2 percent today. The analogy is not only to the industrialization of agriculture but also to the electrification of manufacturing in the past century, Mr. McAfee argues.