Published at Monday, 09 September 2019. Robot. By Isabelle Lespérance.
In addition to cost efficiency, high-tech training for certain manufacturing jobs would be very scarce to come by. The automated, hyper-efficient shop floors of modern manufacturing won’t give Trump much room to deliver on his promises to bring back millions of jobs for his blue-collar supporters. Instead of companies investing in robots to give them better returns in the future, they would have to invest in training programs to help accommodate workers that need the training for more complex jobs. Specifically, for more digitalized companies, the margin for investing in training compared to that of robotic costs would be very high, to the point where it wouldn’t even make much sense to invest in job-specific training.
Automated Forex system is not prejudiced by traders’ psychology. This means that the trading program can look into the trading bit without following the trader’s sentiment. For instance, there is a lot of profit in volatile market at times, but a particular trader may not like trading in volatile market. In such events, the robots can help monetize by overlooking the trader sentiment.
The Obama administration is well aware of the high tech manufacturing competition in China and other Asian countries. In June 2011, President Obama launched the Advanced Manufacturing Partnership, a $500 million effort between the government, universities, and corporate America to invest in new technologies that could create manufacturing jobs in the Untied States.
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