Robots Are Taking Your Job. So Buy Them.
The notion that robots are sweeping in and stealing jobs is become an increasingly more virulent meme.
It follows a long list of such occupational fears. The Irish, Italians, Japanese, Mexicans, and, more recently, Chinese were all identified as job thieves at one time or another. Robots are just the latest immigrant class who are threatening upheaval in the workplace, although they’re not arriving in boats or on planes, but in labs and in factories.
These robots aren’t quite yet the Jetson type or Lost in Space models. It’s mainly automation that people are worried about. But the anthropomorphic types of robots are right around the temporal corner, as well.
Factory robots are being used to perform precise tasks that humans used to do. This is even a threat to cheap factory labor in places like China.
But the extent of the robots reach doesn’t just stop at the edges of the factory floor. Desk jobs and professional occupations — once thought immune to automation — are drifting into the cross hairs.
Artificial intelligence and machine learning make jobs like writing — Yikes! — and security susceptible to automation.
So what can we carbon-based lifeforms do, but prepare to welcome our new robotic overlords?
Well, for one, you could buy them by investing in public companies that will prosper from an AI revolution. Google just hired Ray Kurzweil, who is rumored to be leading their AI projects. Apple — and its AI-based Siri project — is another company that would benefit from a robotic workplace.
Keep an eye on Intuitive Surgical, which makes a robot that can perform surgery. Here’s the company’s investor’s page.
You can also check out iRobot Corp — a manufacturer of robots for a variety of fields and uses. They’re pioneers in robot manufacturing.
The first waves of robotic revolution will likely be centered on industrial robots, so look for companies that have a heavy presence on building larger automation systems.
In the future, we’ll provide you with more recommendations on this coming trend of Singularity investing and tips for not just surviving, but thriving this gathering storm of change.