Robot Orders Have Increased 40% This Year – Because There Is A Serious Labor Shortage

It has been long known that robots could eventually replace human beings in terms of labor, and this is what we are witnessing today. A report published in the Wall Street Journal by the Association for Advanced Automation (A3) says that the orders of robots in the U.S. increased by up to 40% in the first three months of 2022 having worth of $1.6 billion. This clearly shows that we will be seeing a labor shortage in the upcoming years. No doubt, robotic technology has made tasks very straightforward for mankind, but somehow this technology is destructive in one way or the other. There would be no more jobs in the future due to the replacement of robots, which means economic breakdown.

According to the CEO of Ametek Inc., the company’s owners want to replace human labor with robots due to the pressure of competing in the market by doing more work in less time. Robots neither need rest nor do meals. This is a perfect mix for business owners. Daron Acemoglu, an economics professor at the Massachusetts Institute of Technology, said, “Automation if it goes very fast, can destroy a lot of jobs. The labor shortage is not going to last. This is temporary.”

In a similar way, Michael Cicco, chief executive officer of industrial robot provider Fanuc America, briefed his views to the Journal, “The robots are becoming easier to use. Companies used to think that automation was too hard or too expensive to implement.” It has been analyzed by researchers that robotic hiring for jobs is not a permanent solution to the needs of the businesses that are facing today. They would ultimately turn towards human beings as soon as things settled down a bit.

The researchers argued that the world has recently confronted a global pandemic and is now experiencing the after-effects of the Russia-Ukraine war, which has caused a lot of economic problems for businesses worldwide. So, the owners are in a state of panic and want to see their business flourishing by hook or by crook. That’s why we have recently witnessed a ground-breaking record of job openings, i.e., 11.5 million, to employ robots.

Jeff Burnstein, president of A3, reported that “More industries recognized that robotics could help reverse productivity declines and fill repetitive jobs human workers don’t want. It is no longer a choice whether to deploy robots and automation. It’s now an absolute imperative. As we’ve long believed – and users continue to confirm – robots help companies compete, ultimately creating more jobs to handle their growth.”