Automation is reaching more companies, imperiling some jobs and changing the nature of others.
has been making metal hinges, locks, and brackets in south Chicago for more than 100 years. Some of the company’s metal presses—hulking great machines that loom over a worker—date from the 1950s. Last year, to meet rising demand amid a shortage of workers, Polar hired its firstThe robot arm performs a simple, repetitive job: lifting a piece of metal into a press, which then bends the metal into a new shape. And like a person, the robot worker gets paid for the hours it works.
"Smaller companies sometimes suffer because they can't spend the capital to invest in new technology,” Figueroa says. “We're just struggling to get by with the minimum wage increase.” Formic buys standard robot arms, and leases them along with its own software. They’re among a small but growing number of robots finding their way into workplaces on a pay-as-you-go basis.across numerous industries, but many smaller firms are reluctant to write big checks for automation.Andrew McAfee, principle research scientist, MIT
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