Robotics

South Korea’s Robotics Revolution: Replacing 10% of Workforce with Technology

South Korea’s Robotics Revolution: Replacing 10% of Workforce with Technology

South Korea boasts a robot density of 1,102 robots per 10,000 employees, surpassing Singapore  South Korea has made a historic mark as the world's first country to replace over 10% of its workforce with robots, at least according to the World Robotics 2024 report. The country boasts an unmatched robot density of 1,102 robots per 10,000 employees, far above Singapore's 770 robots per 10,000 workers. Addressing Workforce Challenges The South Korean robotics evolution is to address the challenges of a shrinking working-age population due to persistently low birth rates. The South Korean government has invested heavily in the robotics industry,…
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