A review on the future of work: robotics

Summary
Jari Kaivo-oja University of Turku School of Economics, University of Turku Dr, Adjunct Professor

Introduction

Machines have been a part of human reality for a long time, however the Industrial Revolution marked a major breakthrough in the use of machinery and machines. At that time, their significance and importance was recognised generally, but people reacted in very different ways: some viewed machines as a threat while others saw promising opportunities in them. Today, in the era of ubiquitous technology and in the middle of a transitional phase, a similar situation is presented, but this time as regards smart machines and processes. As will be described below, the ‘ubiquitous r/evolution’ will usher in an era where machinery and equipment can be installed…

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Identifying new and emerging risks