Impact of Robots and AI on Industrialization and Economic Growth

INNOVATION ENTERPRISE AND SOCIETY

Introduction

 For a state to grow, and more so economically, it should ensure that the benefits and national incomes are distributed fairly in all areas and sectors in the state. It gets achievement through providing that the redistribution policies set by the state that receives strict adherence. A well-distributed income in the country triggers equality and rapid growth of the economy and overall growth in all sectors, both private and public operating with the state. If all the countries observe this, the economy in the world grows as a whole (Wilson, 2012).

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 The industrialization has been playing a vital role in the growth of the economy to the whole world as it has been providing wealth with employment to the citizens hence enhancing economic growth. The industry serves as the backbone of any country for it to be stable economically. It is because almost all products consumed in a country, a large percentage of them that have direct passage through industries or there is indirect involvement of the sectors in the production of the products. It gives strong evidence that without industrialization, a country is not able to carry out its operations efficiently since also industries contribute to the national income through payment of operational licenses and taxes, creation of employment and even exports which also contribute to the federal revenue (Dirican, 2015).

 Recently there have been numerous innovations which have an aim of increasing the quality, quantity, efficiency, and effectiveness in the production process and other operations. These innovations include the introduction of new mechanization processes, robotics, and artificial intelligence. These have brought much improvement in the production, and other activities carried out in the industries and other places. The innovation of robots has brought about a significant change in positive change in the industrialization (Gruda and Tanny, 2014).

  Initially, most of the countries used the capital intensive method of production. It  is the type of manufacturing where the capital investment is too high, in terms of asset, property plant, and equipment.  Here, capital employed is compared to the labor used in the production process. With the introduction of the robotic, the industries have been able to reduce the cost of production. The price used in payment of workers has savings since fewer workers got a requirement compared to that time when the robots had no introduction. The following are some of the innovations which have been achieved in the robotic work in the industries to enhance increased productivity (Dirican, 2015).

 The first innovation is on Google’s work robots. There are worker robots which have gets equipped with personalities. Here, the engineers will be able to command the machines to download characters from a cloud-based system. The robots have a provision of the ability to show different personalities when they are interacting with human beings. It is our significant step in the innovation process of the robots as this feature has but a conducive environment when humans are interacting with human beings (Lindroos et al. 2017).

 Astronaut milking machine. This machine incorporates a robotic arm. This arm gets uses of conveying the teat cup under the cow. It serves to prevent the upsetting of the cow. The division has been made using a particular material and a unique design such that when the cow steps on it, it is not damaged. These robots have had equipment of a capacity to detect the milk color, flow, and also conductivity. It has been a significant step in the agricultural sector since one robot can milk several dairy cows due to its speed and efficiency. It also ensures quality milk as compared to the old-fashioned way of milking (Lindroos et al. 2017).

 Introduction of a vision of robot reliability. Many industries have adopted robotic systems in their production processes. It has received a trigger by the companies’ need for reliable operations which require the least amount of cost used in these manufacturing and processing procedures. Equipping these robots with vision systems would make it easier and effective in performing different tasks in the production process. Many industries have become more productive as a result of the introduction of these vision systems to their robots, and this has influenced those who had not incorporated their robots with them to search for experts to equip them to enjoy this excellent service (Gruda and Tanny, 2014).

 The invention of Kiva systems’ Mobile Robotic Drive Units. The purpose of this robot is to ensure improved productivity, highest speed, accuracy, and product fulfillment. Initially, operations in the warehouse involved massive movement in all the corners of the warehouse to take different items, which seemed to be very tiresome to the works. But as an after the introduction of the robots, the work has been simplified since all the movements are done by the robots, which do not exhaust since they are just computerized machines. The operator precisely positions in one place, and the robots bring all that has a requirement near the operator as per the command was given to them by the operator (Freeman et al. 2015).

 Introduction of manufacturing robotics. These robots used in the production process are also referred to as ‘robots.‘ These robots making is in such a way that they can work closely to human beings, and they are friendlier to them than before. They perform duties which require more accuracy and much needed, or in chambers which have much heat or too low temperatures which are hazardous to the ordinary human beings. Some other countries such as Japan are in the process of inventing a robot which can work in the service industry, such as providing service in the restaurants and clubs. The use of robots are an advantage mostly to the countries which are underpopulated, leading to an insufficient workforce in the industries. One robot can do a work which can be done by many workers and does not need any off since it is not a human being. One personnel can control many robots at a time, thereby substitution many workers who could be employed to perform that task. The robots do not require payment except the initial cost of acquiring and the maintenance cost (Gruda and Tanny, 2014).

 Despite having many advantages in the economy, the use of robots, mechanization and artificial intelligence have some adverse disadvantages. The main problem of the application of robotic work is that it has contributed to the loss of jobs to many people. Since a few workers, let’s take for example five workers can be used to run all the robots in an organization which could have employed over a hundred workers; this may be an advantage to the organization. However, it has contributed to the unemployment of ninety-five workers who could be working in the organization was it not for the introduction of the robots. Many groups have been against this technology of robots, mechanization and artificially intelligent, claiming that it has a contribution to the loss of jobs. The products produced will have fewer consumers since the potential consumers who would be purchasing the products have no money to acquire since they have no posts to get money (Lindroos et al. 2017).

 In my opinion, to ensure that there is a fair distribution of the fruits of innovation, the government should formulate guidelines concerning the change in the industrial process. It would ensure that robots, mechanization, and artificial intelligence gets in use but at a limited rate to balance with the percentage of employment. It would ensure that there are a quality production, sufficient quantity, and moderate employment rate (Freeman et al. 2015).

 The government and society must address this issue to ensure that technology does not affect the community as far as employment is concerned. Also, it should ensure that the anticipation of the employment opportunities does not affect the development of technology as technology has been the cause of the economic growth in the world, and it should also be taken care of and considered.  It is the mandate of every stakeholder to ensure that the industrialization moves hand in hand with the job creation to enhance economic growth in all sectors. (Gruda and Tanny, 2014)

Conclusion

 In conclusion, the application of robots, mechanization, and artificial intelligence, we have seen that it has been a vital step in industrialization and economic growth. Therefore it should be supported as it has many advantages to the growth of the world economically. However, the disadvantages related to this should be carefully looked into and critically considered to ensure that they are minimized or even completely eradicated. On the side of distribution of the benefits, the government should ensure that the benefits have fair shipping to all the sectors for equality.

References

• Wilson, T.A., 2012. Supporting social enterprises to help vulnerable consumers: the example of community development finance institutions and financial exclusion. Journal of Consumer Policy, 35(2), pp.197-213.
• Dirican, C., 2015. The impacts of robotics, artificial intelligence on business, and economics. Procedia-Social and Behavioral Sciences, 195, pp.564-573.
• Gruda, N., and Tanny, J., 2014, August. Protected crops–recent advances, innovative technologies, and future challenges. In XXIX International Horticultural Congress on Horticulture: Sustaining Lives, Livelihoods, and Landscapes (IHC2014): 1107 (pp. 271-278).
• Freeman, Richard B. “Who owns the robots rules the world.” IZA World of Labor (2015).
• Lindroos, O., La Hera, P., and Häggström, C., 2017. Drivers of advances in mechanized timber harvesting–a selective review of technological innovation. Croatian Journal of Forest Engineering: Journal for Theory and Application of Forestry Engineering, 38(2), pp.243-258.
• Is, There. “Could artificial intelligence create an unemployment crisis?.” Communications of the ACM 56, no. 7, (2013).