Industrial robots increase unemployment and lower wages
Research from China justifies concerns about the impact of industrial robots on the workforce.
Critics of automation believe it will replace many predominately blue-collar jobs. Proponents of industrial robots argue that new jobs will be created and the workforce will adapt.
At least in the short term, a paper from China backs the critics.
The paper, How Do Workers And Households Adjust To Robots, analysed the effects of exposure to industrial robots on labour...