Robotic Automation: UK Lags Behind Other G7 Countries
Hamish Morrison
Translink Corporate Finance Partner and Joint CEO BHP LLP, Candlelighters Development Board Member
A study into the impact of automation on employment in the UK has found that each robot installed in the factories of Britain has cost around 3.6 jobs. This means that the 18,500 robots which have been deployed across the automotive, manufacturing and other industries have replaced 66,000 posts. It is predicted that automation could result in the loss of 15 million jobs across Britain over the next 20 to 30 years.
While this may seem shocking, the truth of the matter is that machines have always replaced people. Since the industrial revolution, advances such as the washing machine have removed the need for human labour. The rise of automation and the use of robots has seen the evolution of new jobs, which have often replaced those lost.
Unfortunately, when it comes to developing new jobs in response to automation, the UK is way behind in comparison to other countries.
Read the full blog here
https://bhp.co.uk/latest-from-bhp/blog/
Managing Director & joint ownership @ Phoenox Textiles Ltd , 100% British Yorkshire Made Products , From Cone To Finished Product.
6 年Just bought 2 robots