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A sensational short video from Business Insider which visits a BMW plant in the USA that makes 1,400 vehicles a day. Over 500 robots and 450 employees work together to produce one SUV. A great video to show to illustrate that automation and robotics won't necessarily replace the need for skilled labour.
- Economics
- Explanations
- Robotics
- Automation
- Manufacturing
- Division of labour
- Human capital
- Productivity
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
Our subjects
- › Business
- › Criminology
- › Economics
- › Geography
- › Health & Social Care
- › History
- › Law
- › Politics
- › Psychology
- › Sociology
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