Robots, though a tiny fraction of the workforce, are seeing rapid growth around the world. Though the global average of robots in the factory workforce is one robot for 150 humans, in South Korea, there is a robot for every 20 humans in the manufacturing workforce. The robot to human work ratio in manufacturing around the world is definitely on a rise.
As the number of robots working grows, the cost of maintaining robots will also decrease along with the cost of making robots, creating a snowball effect, meaning the number of robots will be rising. In the coming decades, […]
Full Post at www.ft.lk