South Korea becomes first country to fill 10% of workforce with robots (Independant/25 Nov 2024)

The Independent reports that South Korea has become the first country to replace over 10% of its industrial workforce with robots, driven by a shrinking labor pool due to low birth rates. With 1,102 robots per 10,000 employees, South Korea leads globally in robot density, supported by $2.4 billion in government investment under its Fourth Intelligent Robot Basic Plan. The initiative aims to expand robotics across industries, addressing workforce shortages caused by the country’s demographic challenges.