Robots threaten China

Robots threaten China - Robots threaten China's workers Leo...

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Robots threaten China's workers Leo Lewis From: The Times August 02, 2011 10:01AM Increase Text Size Decrease Text Size Print Email Share o Add to Digg o Add to del.icio.us o Add to Facebook o Add to Kwoff o Add to Myspace o Add to Newsvine o What are these? Robots assemble cars at General Motors factory in Shanghai. Picture: AP Source: AP ONE million robots will, if everything goes according to plan, be toiling in Foxconn's Chinese factories in three years' time -- a mighty, mechanised army tirelessly snapping together the world's iPhones, Nintendo games consoles, DVD players and Android tablets in a whirring tumult of automation.
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It would represent a colossal chunk of capital investment by Foxconn, a 100-fold increase on the company's present robot population of 10,000 and, more significantly, potentially a life- changing moment in the development of China's vast manufacturing economy, an inflection- point where the cheapness and productivity of the Chinese worker no longer makes economic
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This note was uploaded on 09/26/2011 for the course ECONOMICS 1010A taught by Professor Jeffreya.miron during the Spring '09 term at Harvard.

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Robots threaten China - Robots threaten China's workers Leo...

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