Mike Shedlock

Technology Review has an interesting infographic on the Rising Use of Robots, and which sectors show the biggest increase in use.

I broke up the infographic into a series of smaller ones for purposes of discussion, adding red, blue, and purple colored boxes in the following chart.

Robot Usage Since 2009

  • In Europe, except Germany, robot usage is up and employment down.
  • In the US, South Korea, and Germany, robot usage is up and so is human employment.
  • In Japan robot usage and employment are both down.
  • Japan did not even benefit from a falling Yen.

This shows the relative increase in demand for US and Korean cars, and the relative lack of demand for Japanese cars and European cars other than German cars.

In the US, as long as cars sales remain strong, it appears auto jobs will stay. How long will that be?

Robot Usage by Sector

Note the robust use of robots in automotive and electronic. Contrast that with the three lowest usages of pharmaceuticals, food, and plastics.

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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