The countries with the most robots per 10,000 employees are South Korea, Singapore, Japan, Germany, and Sweden, followed by Hong Kong, the US, Taiwan, and then China. National Bureau of Economics Research Study suggests automation in plants like Foxconn’s iPhone factory in China increases unemployment & early retirement
Exposure to industrial robots in the workplace reduces participation in the workforce, employment pay, economics researchers say.
Workplace automation – increasingly a staple in warehousing and distribution centres – also appears to negatively impact family debt and the number of children born to affected families, while adding to the time and money that […]
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