South Korea Replaces 10% of Workforce with Robots 🤖

Summary:

  1. Pioneering Robot Workforce
    South Korea has become the first country to replace 10% of its workforce with robots, driven by a declining population and low birth rate.

  2. Global Leader in Automation
    With 1,102 robots per 10,000 employees, South Korea leads globally in adopting automation, far ahead of Singapore (770 robots).

  3. Twice the Robot Density
    South Korea’s factories employ double the number of robots compared to any other country, revolutionizing industrial production.

  4. Tackling Demographic Challenges
    The shift aims to counteract labor shortages due to its aging population and shrinking workforce.

  5. Global Implications
    South Korea’s robot integration highlights how technology can reshape economies, setting a precedent for other nations facing similar challenges.

Read more at: TBS News