Alison Fang*, Vickie Chen, and Matthew A. McDonald
Edited by Anuraag Singh
Review | Aug. 31 2023
- Automation technologies are increasingly used in the manufacturing industry to boost productivity, achieve consistent quality, reduce costs, and allow human workers to pursue more creative and higher skilled work.
- Low and medium skilled workers face the greatest threat for displacement by automation. The creation of new industries and economic growth are ultimately beneficial, but new policies are needed to address the potential inequities that may arise.
- Automation can improve the safety of the manufacturing process for employees, but also introduces new safety risks that come with operating and collaborating with new equipment.
- Consumers benefit from the increased efficiency of production through lower prices and shorter time-to-market. Supply chain resilience remains a developing issue that requires attention, as evidenced by the Covid-19 pandemic
- Environmental impacts of automation technologies vary widely between industries and ecosystems, but they have potential to decrease pollution when national and local regulations are coordinated.
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