Later On

A blog written for those whose interests more or less match mine.

The construction industry is short on human workers and ripe for a robotic takeover

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So it’s not just millions of truck-driving jobs that will be eliminated by technology (autonomous vehicles0, it looks as though millions of construction jobs may go out the window. April Glaser and Rani Molla report at Recode:

Construction is a $10 trillion global industry. It’s also mired by waste, severe worker shortages and weak productivity growth — all of which mean the business of building is ripe for a robotic takeover.

Productivity — the total economic output per worker — in the construction industry has remained flat, partly because of the slow adoption of new technologies across the industry.

Since 1945, productivity in manufacturing, retail and agriculture has grown 1,500 percent, while it has barely gone up in construction, according to a McKinsey report from earlier this year.

McKinsey compared U.S. industries in 27 criteria, including how much a sector spends on technology and how extensively they use computers in their operations, to create a digitization index of 1 to 100, with 100 being the most digitized.

Below we chart select industries by their digitization score and annual productivity gains.: . . .

Continue reading.

Do read the whole article. It’s quite fascinating. In that connection,

Written by LeisureGuy

11 June 2017 at 3:05 pm

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