In Britain today there are 2.3 million construction jobs. This could soon change though.
According to veteran businesswoman and chairman of Land Securities Alison Carnwath, “we’re moving into the era of robots.”
“Businesses are focusing on productivity, they wan’t to re-engineer how their people can work.”
Also, according to company bosses of some of the UK’s biggest production companies, the introduction of robots would result in huge productivity gains. However, this could result in major lay offs as less workers would be necessary to complete the same amount or more work.
Specifically, London skyscrapers are the focus for robotic construction. Over 400 towers have been built, under construction, approved or in the planning stage in recent years. Therefore, this introduction of new technologies and robotics could rabidly boost areas of the economy. This boost could also have knock on effects. It could increase wages and the success of construction companies. However, the distribution of these improvements may not be fair to all. Those made redundant following the introduction of new technologies, or those out of work, may begin to struggle to find other work.
The potential for expansion within the construction sector is probable. This is because housing shortages are resulting in increasing house prices across the nation. The average construction worker earns around £620 a week. This is higher than the average weekly wage of £505 (according to the Office for National Statistics). Therefore, the introduction of robotics is highly likely. This is according to Alison Carnwath who feels “we’re not that far off, and that has huge implications.” She stated, “technology is upon us and is going to destroy thousands of jobs.”
What do you think? Do you agree? Let us know in the comments below.