The Gold IRA Company

THE EPOCH TIMES: Traditional Business Models Won’t Survive a Robot Takeover

Article by Anthony Carranza in The Epoch Times

Just a few decades ago, employers sought typists, operators, and mimeograph repair technicians. Companies nowadays want webmasters, LAN operators, and programmers. New developments for these industries (artificial intelligence, virtual reality, and robotics) are not just disrupting, but replacing traditional business models.

They are causing some havoc, since some folks believe workforce automation will replace people. A recently published survey by the Pew Research Center found 65 percent of Americans expect that in the next five decades robots and computers will definitely or probably take over the work currently carried out by people.

The global robotics technology market is estimated to grow to $82.7 billion by 2020.

Nobody wants to be replaced by a superb invention, but people do want to harness technology to benefit how they work. A balance must be sought between technological advances and the people who use them.

To read this article in The Epoch Times in its entirety, click here.

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Although the information in this commentary has been obtained from sources believed to be reliable, The Gold IRA Company does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. The Gold IRA Company will not be liable for any errors or omissions in this information nor for the availability of this information. All content provided on this blog is for informational purposes only and should not be used to make buy or sell decisions for any type of precious metals.