Question: Manufacturing processes will soon be able to build a BMW automobile in China with no human intervention. In the 1990s there was a cost of
Manufacturing processes will soon be able to build a BMW automobile in China with no human intervention. In the 1990s there was a cost of about 50 person hours per car. Now, it is zero. It can all be done by robots. And the trend is for all manufacturing processes to move to a position where robots are responsible for all manufacturing. The automobile industry is one of the largest employers of people in the world, and there is a question of employment for all of the people who lost their jobs to robots. Some management thinkers believe the answer is creativity. Discuss how you can ensure your employability in the future and avoid the movement to minimize employees. Think of innovation, continuing education and skill development. Also, consider a theory we learned which discussed skill as a factor endowment. (Support your arguments with theories provided in the lectures and tutorials)
Answer this question in 250 words). NO plgiarism or copied answer please
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