"Robots are really only feasible for high-volume, high-profit products" Untrue. Many low profit consumer products are made using robots. Currently human labo

"Robots are really only feasible for high-volume, high-profit products" Untrue. Many low profit consumer products are made using robots. Currently human labour can still compete with automation, and companies seek the cheapest labour costs by outsourcing. But there will come a point, which has already been reached in a few niche areas of manufacturing and agriculture, where no human labour, however cheap, can compete against automation in terms of productivity per unit cost.