All jokes about robot armies and SkyNet aside, robotics are set to profoundly impact the future of how America works. And not in just a few industries, but across an ever-growing swath that includes agtech, automotive, construction, labor, logistics, healthcare and more.
Automation is inevitable, and yet advancements in technology often result in lower wages and employment — a phenomenon known as the displacement effect. As this MIT study — which measured the effect of robots at work — notes, the impact is significant.
Is the U.S. truly prepared for the coming impact? It’s a key question and,
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