What Robots Did To The Price Of Products In 1941

This scripted film discussing robots & consumer pricing was made in 1941 just before the beginning of the second world war. The use of robots and other automated machinery did indeed save production costs in many industries. Here are some ways in which robots and automated machines saved costs: Robots significantly reduced labor costs since they can operate without ongoing salaries, benefits, or the need for breaks. Robots could work faster and longer hours than human workers, often with greater precision and fewer errors. They operated 24/7, drastically increasing the production capacity. Precision robotics could reduce material waste by making accurate measurements and cuts, or by handling materials more efficiently. They also ensure optimal utilization of resources, minimizing waste. While robots did require maintenance, the overall maintenance cost was lower compared to the costs associated with a human workforce. Predictive maintenance enabled by smart technologies further minimized maintenance costs. Once programmed, robots performed repeated tasks without additional training, whereas new human employees required training. Robots provided consistent, high-quality output, reducing the costs associated with defects or rework. Robots handled the more dangerous tasks, potentially reducing workplace accidents and associated costs. In some cases, robots operated in environments without lighting or heating, reducing utility costs. Automated systems streamlined supply chain operations, reducing inventory carrying costs, and improving delivery times. There was less need for supervisory or administrative staff, thus saving overhead costs. Today, somewhat similar questions are being raised about AI and what it will do to our workforce. To me what is being discussed now made this old film more interesting. If you found this of interest, please consider supporting my efforts to present more clips like this one by clicking on the Thanks button below the video screen or by becoming a patron at Thank you David Hoffman filmmaker