Wednesday, February 24, 2016

Robots and Automation Shifting Labor Trends

Robots don't pay taxes or need centralized healthcare. Even the White House admits that robots will overtake human labor in jobs that pay less than $20 hour. That means the bulk of the service producing jobs, a sector that accounts for nearly 90% of US job creation, will likely peak by the end of this decade.

Headline: Google robot is 'the end of manual labor': VC

Boston Dynamics' new "Atlas" robot is a game changer, not just for companies, but for society, CEO Jason Calacanis said Wednesday.

"This is really the end of manual labor. When you watch this video, he's walking through the snow; he's wobbly, but he gets back up," the tech investor told CNBC's "Squawk Alley."



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