Do Robots Improve or Reduce Productivity? A Comparative Case Study

In the past several decades, artificial intelligence and robotics has played a vital role in the improvements in technology and led to a surge in public interest. As the figures from the International Federation of Robotics (IFR) show, sales of robots are increasing year-on-year, with a 15% increase in 2015 over the previous year. The IFR estimates that over 2.5 million…