Tuesday, December 18, 2012

Robots to replace human laborers in China

In this week's Economist, it reports that Foxconn (富士康) will have one million units of robots installed by the end of next year due to scarcer cheap and willing workers. This huge robot installation occurs even with its increased pay and more humanized management rather than military-style regimentation during the time when a spate of suicides rocked the world three years ago. If machines can gradually replace human laborers even in China, it is a cautionary story that "if without skills, you may be swamped by this ruthless competitive world, not just to your human counterparts but also to the unremitting robots"

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