RE: Each industrial robot displaces 1.6 workers !

I think we need to remember during the industrial revolution when the industrial steam-powered cotton-weaving machines replaced manual labour, everyone worried at the time that factories would take away the jobs. In reality, it made way for loads of new more sophisticated jobs that no one had imagined.

I believe we are possibly on the same path now where when manual labour intensive jobs are replaced by robots, we will have the chance to introduce more sophisticated jobs that we have not yet imagined.