Your Soon to be Automated Job Will be Eliminated- What Will They do with You?
Dave Hodges
TheCommonSenseShow.com
May 28, 2016
Foxconn, a major manufacturer of devices for Apple and Samsung, has eliminated 60,000 workers in one of its factories in China and subsequently has replaced them with robots.
The factory in China’s Kunshan region has reduced the number of employees from 110,000 to 50,000 thanks to the introduction of robots, reports the South China Morning Post. “More companies are likely to follow suit,” according to the head of publicity for the region Xu Yulian.”
The producer confirmed that most of the manufacturing tasks were currently being automated, but stressed it would not necessary mean long-term job losses.
In a disturbing press release, Foxconn stated that it intends to increase automation and at the same time maintain a significant manufacturing workforce in the country.
“In a Tuesday interview on Fox Business Network’s ‘Mornings with Maria’, former McDonald’s CEO Ed Rensi warned that an increased minimum wage would foment massive job loss thanks to the relatively low cost of replacing workers with intelligent machines.”
Sample Professions at Risk for Automation
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