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Robots Are Taking Over the Bakeries and Laundry Mats; What Is Left For You?

From the Washington Post:

At MIT, a management robot is learning to run a factory and give orders to artificial co-workers, and a BakeBot robot is reading recipes, whipping together butter, sugar and flour and putting the cookie mix in the oven. At the University of California at Berkeley, a robot can do laundry and then neatly fold ­T-shirts and towels.

The article goes on:

Many companies see such automation as the key to cutting costs and staying competitive. Sales of industrial robots rose 38 percent between 2010 and 2012 and are poised to bring in record revenue this year, according to industry analyst Dan Kara.

“There will certainly be winners and losers,” said Ryan Calo, a professor of law at the University of Washington who focuses on robotics and public policy. “We’re talking about robots now because they are so versatile and affordable, and that will have profound effects on manufacturing, the entire supply chain and jobs.”

The only jobs robots will not be able to take over will be the creative jobs. The jobs that insist on using real human art. One example of real human art? Figuring out how you could be on a desert island and learn to make money as a trend following trader.

Better start now before the robot eats your lunch.

Note: Check out the Full Article.

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Posted in Economics, Trend Following
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