Adopting robots makes profits drop before they rise, study finds
As demand for industrial robotssurges, new research suggests the rewards are slow to materialise. According to the Cambridge University study, robots typically cause early losses before they can yield a payoff. The researchers analysed industry data across 25 EU countries between 1996 and 2017. Theyfound that when adoption levels are low, robots can have a negative effect on profit margins. As the uptake increases, however, automation drives the profits higher....