New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home AI & Robotics

Robots orders by companies rise as labor shortages linger

New York Tech Editorial Team by New York Tech Editorial Team
November 13, 2021
in AI & Robotics
0
Robots orders by companies rise as labor shortages linger
Share on FacebookShare on Twitter

Orders in North America for robots are reaching record numbers as the U.S. economy continues to slog through a labor shortage fueled by the pandemic.

According to data from the Association for Advancing Automation (A3) – a trade group representing organizations involved in robotics, AI and other tech – the total number or orders this year reached nearly 29,000, with a value of $1.48 billion.

The orders are up 37% from a year ago, says the trade group.

“With labor shortages throughout manufacturing, logistics and virtually every industry, companies of all sizes are increasingly turning to robotics and automation to stay productive and competitive,” said Jeff Burnstein, president of A3, in a statement.

Rows of robotic arms moving boxes around on conveyor belts.

►Reinventing the (steering) wheel:Tesla’s Elon Musk introduces new yoke-shaped wheel

►Holiday shopping:Why you should include eBay and Facebook in your holiday shopping trips

During the third quarter, North American companies order 9,928 robots valued at $513 million, the third highest quarter ever in orders and fifth highest ever for value, said A3.

The surge in robotics orders comes amid The Great Resignation, with a record number of Americans quitting their jobs this year for incentives such as better pay.

According to the Bureau of Labor Statistics Job Openings and Labor Turnover survey, a record high 4.4 million Americans quit their jobs in September. The U.S. economy had 10.4 million job openings at the end of September, found BLS.

Artificial intelligence has also helped companies address the labor shortage. For example, Starbucks has automated tasks such as tracking store inventory, while more stores add self-checkout options.

But the increased shift toward automation could place millions of U.S. jobs in danger. A 2017 report from the McKinsey Global Institute said automation could destroy as many as 73 million U.S. jobs by 2030.

USA TODAY’s Nathan Bomey, Paul Davidson, and The Associated Press contributed to this report. Follow Brett Molina on Twitter: @brettmolina23.


Credit: Source link

Previous Post

Stanford dropouts raise $60 million for grocery startup Zepto

Next Post

Another Samsung Galaxy S21 FE leak shows the device from more angles

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Another Samsung Galaxy S21 FE leak shows the device from more angles

Another Samsung Galaxy S21 FE leak shows the device from more angles

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
Guardz founders

Why Guardz Is Bringing Palo Alto Networks Prisma Browser Protection Into The MSP Security Stack

November 2, 2026
Hud Launches Agentic Rollouts to Give Coding Agents a Feedback Loop From Production

Hud Launches Agentic Rollouts to Give Coding Agents a Feedback Loop From Production

October 29, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Shows Why Hugging Face Scanners Cleared a Live Malware Campaign

October 29, 2026
man sitting with legs crossed

Upwind’s $400M Series C Follows Fourfold Revenue Growth and a Jump to a $3.8B Valuation

October 28, 2026
Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

Bloom Security and Cyera Turn Data Classification into Real-Time Enforcement at the Endpoint

October 22, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

October 13, 2026

Recommended

Guardz founders

Why Guardz Is Bringing Palo Alto Networks Prisma Browser Protection Into The MSP Security Stack

November 2, 2026
Hud Launches Agentic Rollouts to Give Coding Agents a Feedback Loop From Production

Hud Launches Agentic Rollouts to Give Coding Agents a Feedback Loop From Production

October 29, 2026
Pluto Security Emerges From Stealth With $42M in Funding After Building an AI Security Community

Pluto Security Shows Why Hugging Face Scanners Cleared a Live Malware Campaign

October 29, 2026
man sitting with legs crossed

Upwind’s $400M Series C Follows Fourfold Revenue Growth and a Jump to a $3.8B Valuation

October 28, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs AI security Automat-it AWS B2B marketing Bloom Security Business CISO CISO Whisperer Collaborations Cybersecurity Drive-Thru Enterprise AI Entrepreneur Finance FINQ Fintech Funding Announcement Hi Auto HumanX Impala Investing Investors investorsummit israelitech Mate Security Mindset Minnesota omri hurwitz Perion Pluto Security PointFive PR QSR Real Estate Runtime Intelligence start- up startupnation Startups Tech Tech leaders Upwind Security VC venture capital
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media