This guest blog has been provided by Kevin Sheridan, best-selling author and innovator in the field of Employee Engagement.
Recent research has shown the dramatic degree to which robots are replacing people in the workplace. In fact, it’s an alarming rate, especially considering that robots can be much more efficient than people. With each additional robot, U.S. employment is reduced by 5.6 workers. Furthermore, every robot added to the workforce per 1,000 workers reduces wages by as much as .25 to .5 percent. And it is a trend that is likely to continue, with experts predicting that the number of employed robots (yes, employed), will quadruple by 2025.1 These fully autonomous machines do not require human supervision and can be programmed to perform myriad tasks, such as parts assembly, materials handling, painting, and welding.