Robots Bring Future Social Influence

Name: Robots Bring Future Social Influence
Brand: Notion Press
SKU: 9798886412147
Price: 2476.0 INR
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by John Lok

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ISBN13: 9798886412147
Binding: Paperback
Subject: N/A
Publisher: Notion Press
Publisher Imprint: Notion Press
Publication Date: March 25, 2022
Pages: 220
Original Price: GBP 21.99
Language: English
Edition: N/A
Item Weight: 300 grams
BISAC Subject(s): Technology / Robotics

About The Book

My view explores the transformative power of automation, arguing that the integration of robotics into the workforce is not merely a technological shift but a fundamental restructuring of human social and economic behavior.

My view posits that while robots threaten traditional roles, they simultaneously act as catalysts for a "human-centric" evolution in labor, where the value of human work shifts from repetitive, task-based output to creative, empathetic, and complex problem-solving roles.A

My perspective aligns with the behavioral economic view that humans are not purely rational actors; thus, the introduction of robots alters the "choice architecture" of the workplace. When robots perform mundane tasks, the marginal utility of human labor increases in sectors requiring emotional intelligence-a trait robots currently lack. However, this transition is fraught with the risk of structural unemployment.

Applying the law of supply and demand, if the supply of human labor remains static while the demand for human-specific skills decreases due to automation, wages for those roles will inevitably decline. Conversely, if the demand for high-skill, robot-augmented labor increases, the equilibrium wage for these new roles may rise, provided the workforce can adapt through rapid reskilling.

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