September 22, 2017      

Over the last 50 years the cost of labor in manufacturing has risen steadily, and the willingness of many people to perform highly repetitive tasks on assembly lines has decreased. Over the same period the equivalent hourly cost of robot labor has steadily declined.

Human labor turnover in U.S. manufacturing averaged 16% in 2016 according to a Compensation Force survey, and overseas contract manufacturing's average turnover is 20 to 30% a year, imposing both a high training and quality cost. Al...

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