IndexAre robots a curse or a blessing? The economics of human replacementAre robots complements or substitutes?ConclusionWorks CitedThe invention and use of robots will take jobs away from humans because their purpose is to replace the human mind, not simply make industry more efficient. Lucrative business incentives, such as the high productivity, efficiency and quality offered by robots, are turning so many employers away from human labor. Even so, some experts have argued that these reunited beings will serve to raise living standards by lowering the prices of goods to zero, ending toil and poverty for all. However, it is known that robotic productivity will only increase production at the expense of reducing labor demand. A case in point is the high rate of job losses in developed countries attributed to automation. The subsequent texts in this document will explain why increased automation will put so many people out of work. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Are Robots a Curse or a Blessing? Regardless of the benefits associated with robotic manufacturing, its implementation and use should not come at the expense of the unemployed future generation. Gradually, its use has shifted investment away from machines that complement human labor, eliminated workers who cannot compete or cope, and, on some occasions, eliminated their jobs entirely. This concept is illustrated by Jeffrey, Seth, and Guillermo (2015), in their analysis of the implications of capital investment in the form of robots to replace human labor. Their findings are also in line with our position that robotic productivity is more likely to reduce the well-being of workers and future generations as well as push them down the path of unemployment. Furthermore, labor shares in most of the world's economies have declined significantly in the wake of 2000, which is attributed to automation. When the goods produced by these robots become close substitutes for the goods produced by humans, then modern forms of competition will emerge: robots clash with humans. Unlike the first half of the 20th century (1933), when “technological unemployment” was simply a temporary face of maladjustments, the coming shifts in jobs will subject human beings to much greater suffering. Today, one can only imagine the dilemma of being compared to robots in terms of what they can deliver in a day. Overlaid with similar research that quantifies the prospect of human redundancy in the more than 47% of current human jobs that will be automated in the next two decades. Surely, these robots should be considered a curse rather than a blessing. The Economy of Human Replacement The number of sophisticated tasks performed by machines has surpassed the thinking level of normal humans. Ironically, will our productions ever become better than ourselves? Look no further, Junior, the 2013 world computer chess champion, developed by us, can beat almost any human now and in the future. Its code implementation also put many chess programmers out of business. A good case study is high- and low-tech workers. The first group performs analytical tasks such as producing software code or machines, while the second group performs interpersonal tasks such as service delivery or artistry. The workers of the high-2020