‘Better Than Machine’: Why Robots Have No Chance of Replacing Humans

Monday, May 30, 2016
By Paul Martin

SputnikNews.com
30.05.2016

Just as China’s home appliance maker Midea has snapped up Germany’s builder of factory robots, Kuka AG, for 5 billion dollars, a leading Chinese expert warned that industrial robots will hardly have any impact on the country’s labor market.

“Now that we have corporate demand for labor exceeding supply and this situation will hardly change until 2018, I don’t think that the introduction of robots at our factories will have a serious impact on our labor market,” Zhao Jiang, a senior expert at the Labor Relations Institute in Beijing, said.

Moreover, even though China is a major importer of factory robots, the country still lags behind its neighbors in the field of automation of production processes.

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