South Korea becomes first nation to replace 10% workforce with robots



An annual survey by World Robotics 2024 unveils that South Korea has emerged as the first nation in robotics adoption, boasting 1,102 robots for every 10,000 employees, a staggering figure that puts it far ahead of other nations.

According to the report, the country has replaced 10% of its workforce with robots and its focus on automation underscores a broader shift in workforce strategies worldwide.

With robot density nearly double that of Singapore, its closest competitor (770 robots per 10,000 workers), South Korea is setting new benchmarks in using technology to replace human labour in the industrial and service sectors. In comparison, the global average robot density stands at just 162 robots per 10,000 workers, a testament to South Korea’s aggressive automation strategy.

South Korea has become the first country to replace over 10% of its workforce with robots, marking a significant milestone in automation. According to the World Robotics 2024 report by the International Federation of Robotics (IFR), the nation boasts a robot density of 1,102 robots per 10,000 employees, the highest globally.

This surge in automation is driven by South Korea's robust electronics and automotive industries, which are the largest consumers of industrial robots. To further bolster this growth, the South Korean government has introduced the Fourth Intelligent Robot Basic Plan, allocating $2.4 billion in public and private investments by 2030. The plan aims to increase the domestic manufacturing rate of core robot components from 44% to 80%.

Beyond manufacturing, robots are increasingly integrated into sectors like healthcare, hospitality, logistics, and agriculture. This widespread adoption addresses demographic challenges, particularly the nation's shrinking working-age population due to low birth rates. By embracing robotics, South Korea aims to sustain productivity and tackle labor shortages across industries.

As nations worldwide grapple with the implications of automation, South Korea's approach serves as both a model and a cautionary tale. The rise of robotics highlights the urgent need for workforce adaptation, reskilling initiatives, and policy planning to navigate the evolving employment landscape.

Comments

Popular posts from this blog

Beyond manufacturing: Cobots in healthcare, labs, and food service

GreenBot unveils autonomous system for weeding woody crop areas

Robotics & automation firm Addverb Technologies to further expand globally