It’s getting cheaper to replace workers with robots.
FOX News Radio’s Steve Taylor reports from Washington:
Ten years ago, if you wanted to buy a robot to do spot welding in your shop, you’d spend $182,000. That machine now costs almost $50,000 less, and a firm of business consultants says the price of that and other kinds of non-human workers will fall even more in the next decade.
The Boston Consulting Group says around the world only 10% of jobs that can be automated have been. The firm says robots are getting faster and more adaptable, and can be reprogrammed much faster than human being can be retrained.
In Washington, Steve Taylor, FOX News Radio.