Robots cause company profits to fall — at least at first

ML News
- Advertisement -


Researchers have found that robots can have a ‘U-shaped’ effect on profits: causing profit margins to fall at first, before eventually rising again. The researchers studied industry data from the UK and 24 other European countries between 1995 and 2017, and found that at low levels of adoption, robots have a negative effect on profit margins. But at higher levels of adoption, robots can help increase profits.
Views: 107
- Advertisement -
DEBANKA DAS
DEBANKA DAShttps://fossbyte.in

Latest articles

Previous article
Quantum physicists simulate super diffusion on a quantum computer
Next article
Crystallization as the driving force

Related articles

Popular articles

Featured

Newsletter

Subscribe to get the latest news, offers and special announcements.

By subscribing, you're accepting to receive promotions.

© Copyright 2023 - DDfossbyte , ALL RIGHTS RESERVED

error: Content is protected !!