The impact of robotics on the labor market

The main factors influencing the development of robotics. Businesses are very interested in gaining maximum profits through cost reduction provided by the robots. Of course, all of the industrial revolution was accompanied by social upheavals and therefore, we can say that the impact of the transition to the use of robots and robotics will affect the job market. To determine what the scale of global or local would take the process of mass substitution is now difficult. The technology itself is also changing the requirements for employees. People need to develop qualities such as: cognitive flexibility, emotional intelligence and creativity. Companies need to invest more investment in training and retraining their employees.