Why was she giving this talk? Simple; we beat the German’s in WWII due to our manufacturing abilities. Today, China can easily out produce us, so are we going to make the same mistake as the Germans did in WWII, in a future war with an industrial power that can out produce us? Well, are we? How can you say the answer is yes or no; you can’t and that’s one more reason manufacturing is so vital to US interests, on top of the importance of jobs, trade flows, and GDP growth. ”A nation lives well, when it produces well,” she reminds us, and quoted Adam Smith’s warning about not relying on military resources to make our defense systems.
Before, most of the transactions on foreign exchange are done manually especially storing data and information of past trades, there are vast amounts of graphs and statistics to analyze and it can take a lot of time. Here and now systems were made to help lessen the work of traders and still gain income from trades efficiently they are named Forex robots. Well most would think that robots are mechanical hardware but in the world of FX trading it is only a term used because they are automated software that enter trades and deal independently.
Industrial robots promise to replace 70 to 90% of existing manufacturing jobs. People will learn new ways to achieve an economy, to achieve economic development. An economy needs to adjust, to be flexible if you gave pink slips to more than half the labor force.
Additional components also make-up these industrial robotic systems. These minor components are regarded small yet very essential in making the system function. One of the secondary features known as the robotic manipulator acts as the mechanical arm thereby functioning in wide range of motions. The manipulator also has another smaller component known as the effector. This element is capable of moving far beyond than the robotic manipulator and is a very flexible component of the system.
Robots are also more reliable and secure than humans. They do exactly what they are instructed to do and nothing more. A central control person can manage up to 30 Robots, each performing the work of between 2 to 4 staff. This significantly reduces management costs and improves capacity planning accuracy.