Robot Orders Surge 40% as Employers Seek Relief from Labor Shortages

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Robot Orders Surge 40% as Employers Seek Relief from Labor Shortages
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Orders for automated technology and robots have increased by 40 percent in the first quarter of 2022 as businesses seek solutions to ongoing labor shortages. One MIT professor warned: 'Automation, if it goes very fast, can destroy a lot of jobs.'

According to a recent report, orders for automated technology and robots have increased by 40 percent in the first quarter of 2022 as businesses seek solutions to ongoing labor shortages. One MIT professor warned: “Automation, if it goes very fast, can destroy a lot of jobs. The labor shortage is not going to last. This is temporary.”claims that employers across the United States have begun attempting to fill labor gaps with the help of automated technology and robots.

Michael Cicco, chief executive officer of industrial robot provider Fanuc America, stated: “The robots are becoming easier to use, companies used to think that automation was too hard or too expensive to implement.” But many worry that the growing rise in automation may result in displaced human workers in the coming years.

Daron Acemoglu, an economics professor at MIT, stated: “Automation, if it goes very fast, can destroy a lot of jobs. The labor shortage is not going to last. This is temporary.”

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