Staying on top of the robots

Staying on top of the robots

Lee Jong-wha
*The author, a former chief economist at the Asian Development Bank, is a professor of economics at Korea University.

South Korea topped the list for concentration of industrial robots in the manufacturing industry in 2016, with 631 multipurpose robots for every 10,000 workers. This far outpaced the worldwide average concentration of working robots, which was just 69. As the role of robotics and artificial intelligence in our everyday lives grows, so does concern about the future job opportunities for human workers.
Recent advances in computing and IT and the acceleration of automation are believed to contribute to rises […]

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