The role of smart manufacturing in cost reduction and labor market transformation

Makhbuba Rakhmonova Shukhratovna and Ollokulova Feruza Mansurovna

GREEN ECONOMY AND DEVELOPMENT, 2024, vol. 2, issue 12

Abstract: In this article, the author discusses smart and autonomous manufacturing systems that are being implementedto improve production processes. Having analyzed research papers, the article summarizes whether technologicalinnovation supports the minimization of production costs and its effects on the labor market.

Keywords: Autonomous; smart factories; manufacturing system; Artificial Intelligence; software; robots; Internet of Things. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:2:y:2024:i:12:id:3870

DOI: 10.5281/zenodo.14607767

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