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Shipments of multipurpose industrial robots in select countries

South America; (Reported sales in 2014: 321) Estimated sales in 2019: 1,200

Regions with the most robots in the world; India 8th

Yahoo India Finance Team
Yahoo! India Finance

Robots are slowly taking over functions that were primarily performed by humans till some ago. The debate over this has been raging the world over, with some experts stating that thousands of people across the globe will continue to lose jobs as we make smarter robots.

Recently, the World Bank chief Jim Yong Kim too warned about the dangerous path intelligent automation seems to be paving for humankind.

On the other hand, some see a lot of potential in automation for humankind. Google chief engineer and ‘future teller’, Ray Kurzweil, says automation would give rise to new jobs – professions which haven’t been invented yet.  Tesla CEO and founder Elon Musk too said something similar, noting that automation will give humanity more time to pursue leisure.

According to the World Robotics Report 2016, sale of robots has increased due to rising automation and innovative technical improvements. Industries like metal, electronics, chemical, plastic, rubber and automobiles have been using multipurpose robots for manufacturing.

China is the biggest robot market in the world. Here is a quick comparison of sales of multipurpose industrial robots in select regions/countries in 2014 and the estimated sales after five years, i.e. in 2019. (Image Credits: Getty Images)

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