Good Effects:
•   With the advent of technology, the cost of robots is decreasing and they are available at lower costs.
•   Robots work more accurately than humans. They do not make errors.
•   They are faster and stronger than humans
•   They can be programmed to do anything. They will never say no to anything.
Bad effects
•   With the increase in no. of robots the rate of unemployment is increasing
•   Robots cannot handle unexpected situation
•   Robots sometimes require manual labor also, which increases the cost.
•   Robots work on the basis of information given to them. They cannot think themselves.