Download
HTML Embed
HTML EMBED
Click to Copy

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

The nest is full

Oct 11, 2019
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
By The Numbers

Are no jobs safe? Outsourcing sign-spinner jobs … to robots

Mitchell Hartman Dec 26, 2013
Share Now on:

It’s hard to think of a job that is more unlikely to be outsourced than a sign-spinner outside a store or restaurant. They’re low-wage retail jobs that have to be done at the location.

But retailers in cities across the country are experimenting with robotic road-side retail promotion.

Tyson Miltenberger of Bakehouse Water Bagels in Portland, Ore., employed a motorized female mannequin to advertise his adjacent bagel and taco shops along a busy commercial strip.

The robot business is growing fast. By the end of 2013, author Marshall Brain (Robotic Nation) predicted there would be more than one million industrial robots worldwide, or about one for every 6,000 humans.

And the robot industry is booming. Including the robots themselves, plus software and engineering to make them tick, the industry is generating $26 billion in sales, according to the Frankfurt-based International Federation of Robotics, a trade group.

Some of the smartest tech guys in the room have caught the bug, too: Google has made eight acquisitions in the robotics field just this year.

Of course, there are downsides — for the humans who interact with robots, or are replaced by them in the workplace. Twenty deaths have been linked to robots and other automation in factories, according to the U.S. Occupational and Health Administration (OSHA).

U.S. factory output is up more than 50 percent in the past two decades, while manufacturing employment is down by nearly 30 percent, according to Bloomberg News. Some of that is the result of people being displaced by ever-smarter and more capable machines.

Experts predict service industries will be the next to see serious inroads made by robots. According to an article in Business Insider, the most vulnerable service jobs include pharmacists, paralegals, retail cashiers, library clerks, babysitters, reporters … and perhaps we should add retail sign-spinner.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.

Thank you to all the donors who made our fall drive a success!

It’s Investors like you that keep Marketplace going strong!