The term ”robot” refers to appliances and machines that are monitored and controlled by a computer. They are used extensively to ease human workload. Robots are designed to perform repetitive chores quickly and efficiently as compared to human beings. Robots are used in various types of industries, as they help save on labor costs.
industrial robots are set to bring a new industrial revolution more important than anything seen before. Industrial robots perform repetitive tasks efficiently, they do not eat, they do not make mistakes, they do not get tired, they do what they are told.
The idea of bringing back manufacturing jobs to have people, not robots, perform specific tasks to complete production would have a significant impact on the current state of the worldwide economy. The day and age of having only people perform automated jobs is over and Donald J. Trump will fail to bring back what he promised. This transition won’t appear to be cost-effective, the required high-tech relevant training will be scarce, and the worldwide economy would have less incentive to globalize.
Efficient systems. Finance and accounting groups often need to access and consolidate information from a range of different applications and systems. This tedious work, often involving intermediate spreadsheets, can present high workloads at month end, the end of a quarter and year end. Robots perform this work fast and seamlessly, as if there was really just one integrated system. Robots can be configured and trained to do this work in a matter of weeks, when it would take years for an IT group to integrate the disparate systems to the same degree.
The robots will certainly help you with the process of earning money on forex, but they will not replace your trading skill. So think twice before opening or cling your trade, even if such kind of inventions are appearing, they are only to HELP you, not to lead you to success.