2.11. Socio-Economic Impact of Robotics Evolution

Try these first

1. 1.

   What is job displacement in the context of robotics?

   Hint

   Think about the initial fears regarding job loss.

2. 2.

   Name one new field created due to robotics.

   Hint

   Consider what skills are needed to work with robots.

3. 3.

   What does job displacement refer to?

   • Machines taking over human jobs
   • Humans getting promoted
   • An increase in manual labor

   Hint

   Focus on the impact robots have on the workforce.

4. 4.

   True or False: Robots only lead to job loss without creating new roles.

   • True
   • False

   Hint

   Consider both sides of the employment spectrum.

5. 5.

   Discuss the overall impact of robotics on the employment market, weighing both the potential job losses and new opportunities.

   Hint

   Consider historical shifts in job markets.

6. 6.

   Analyze how the introduction of robotics might affect the economic landscape in small versus large construction firms.

   Hint

   Think about financial capabilities and market competition.