Rise of the robots

Investment in robots is expected to grow 10 per cent each year – so how will that reshape the workforce?
By Liz Bernier
|Canadian HR Reporter|Last Updated: 03/16/2015

The year 2025 won’t necessarily be the year your workplace turns into an episode of The Jetsons — with humanoid robots able to perform complex and varied tasks and “speak” via verbal interfacing — but we will see the adoption of advanced robots boosting business productivity by up to 30 per cent in many industries.

That’s according to new Boston Consulting Group research, which also found robots will lower labour costs by 18 per cent or more in countries that are early adopters, including the United States, Japan,China and Germany.

“The cost equation relative to the performance opportunities is reaching an inflection point, and that’s allowing many companies to start to take advantage of robotics and automation where they maynot have in the past,” said Mike Zinser, a Chicago-based partner at Boston Consulting Group and co-author of the research report.