Johnny Ch Lok

Artificial Intelligence Johnny Ch Lok

However new technology can also bring some countries; labor marker change. Labor markets in manufacturing could be materially affected as capital in the form of robotics and 3D printing replace low and semi-skilled jobs. For some new technological global manufacturing and trading system countries. For example, in South Asia, the Middle East, Africa and parts of Latin America development could be threatened by the shortening of global supply chains and by the substitution of cheaper and more efficient capital for labor. Hence new technological manufacturing development will bring disadvantages to these without effort development of new technological manufacturing and trading system countries to influence themselves labor unemployment, if their employers choose to buy other countries' new technological manufacturing system, e.g. robots replace the human labor to help them to manufacture their products. Hence, it seems new manufacturing technology will have negative impact to the without effort development new technological manufacturing countries' manufacturing labor. Due to the robots can raise productivities to shorten manufacturing time and no salary expenditure and robots efficiency is higher than human labor. However, if these countries' labor can learn how to apply robots knowledge to control robots to help their employer to manufacture products. It is possible that they won't be dismiss, even employers will need them to assist them to control the new robots manufacturing machines to manufacture their products in factories. It depends on whether they choose to attempt to control manufacturing robots or not. In conclusion, new technology can be one important production factor to influence global macro-economic growth from micro new technological manufacturing sectors development. So global manufacturers will concern how to apply new technology to help them to manufacture any products.