What are the risks of automation in manufacturing?
The main risks include job displacement, high initial costs, and potential technical failures.
How does job displacement affect workers?
Job displacement can lead to unemployment and require workers to retrain for new roles.
Are there any benefits to automation that can offset these risks?
Yes, automation can increase efficiency, reduce errors, and lower long-term operational costs.
What industries are most affected by automation?
Manufacturing, logistics, and retail are among the most affected industries due to high automation potential.
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