The global construction industry is accelerating efforts to adopt humanoid robots as it grapples with a persistent productivity slump and ongoing labour shortages, according to a new report from McKinsey & Company.
In a note emailed to Robotics & Automation News, a spokesperson for McKinsey highlighted the pressure facing the sector.
“Stuck in a cycle of meager productivity growth rates – which stood at only 0.4 percent from 2000-2022 – and with talent pools continuing to thin, it isn’t surprising to see that the construction industry is struggling to keep up with demand and is leaving no stone unturned in hopes of innovation – including humanoid robots.” [Read more…] about Construction sector looks to humanoid robots as labour shortages intensify, says McKinsey