The debate about the impact of automation on the labour market has been ongoing for several years, as new technologies are taking over jobs currently performed by workers. Our study discusses how workers are responding to the growing automation of production processes, and why human capital adjustments are crucial for the workforce to remain competitive in the labour market also in future.
Industrial robots
Industrial robots are among the leading automation technologies of the last decades. The International Federation of Robotics (IFR) defines them as “automatically controlled, reprogrammable, multipurpose manipulators, programmable in three or more axes”, and estimates that the global stock of robots has increased from 500 thousand to almost three million units between the early 1990s and the late 2010s.
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