Robots Everywhere, Except in The Statistics [Part 2]
This is the second part of this research. Therefore if you did not read the first one, here it is: Robots Everywhere, Except in The Statistics [Part 1].
More technology spending
The theory: To augment or substitute labor, firms must first invest.
The reality: US firms investment in IT processing equipment and software, measured in real terms, has been slowing.
More creative destruction
The theory: The adoption of ever smarter machines should wipe out whole businesses and job categories.
The reality: Since the early 2000s, both the entry rate of new businesses and their exit rate have been in decline.
Higher industrial capacity utilization
The theory: Manufacturers in the US have consistently told survey takers that they can’t find skilled labor and this impedes them running at full capacity.
The reality: The two most commonly used measured of capacity utilization in the US tell a similar broad story.
To be continued...
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Robots Everywhere, Except in The Statistics [Part 1]
Governments against Big Tech Companies
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Thanks for the information
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We are now in the future. Robots will just be a normal thing ^^
Thanks for sharing.
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