Breaking news

South Korea Leads the Way: 10% Of Workforce Replaced By Robots

South Korea has made history as the first country to have robots account for over 10% of its industrial workforce, marking a milestone in automation and technological advancement. This achievement highlights the nation’s proactive approach to addressing a declining working-age population due to persistently low birth rates.

Key Facts and Figures

According to the World Robotics 2024 report, South Korea now boasts a staggering 1,102 robots per 10,000 employees—the highest robot density globally. This figure is more than double that of every other country in the ranking, except Singapore, which follows with 770 robots per 10,000 workers.

image 22

Since 2018, robot density in South Korea has grown by an average of 5% annually. The nation’s electronics and automotive industries, two major pillars of its economy, are among the largest consumers of industrial robots. Globally, robot density has also seen significant growth, doubling over the past seven years from 74 to 162 units per 10,000 employees.

Expanding Beyond Factories

South Korea’s use of robots extends far beyond manufacturing. Robots now operate in diverse fields, including healthcare, hospitality, agriculture, and even defense. Hospitals employ robots to assist with surgeries, while restaurants use them for food preparation and delivery.

Government’s Vision and Investment

This progress has been fueled by substantial investment from the South Korean government, which views robotics as a solution to its workforce challenges. Earlier this year, the Ministry of Trade, Industry, and Energy introduced the Fourth Intelligent Robot Basic Plan, committing $2.4 billion to the development of the robotics sector by 2030.

The plan outlines a strategic approach to integrating robots into critical industries, such as logistics, healthcare, and social safety. It also sets an ambitious target to increase the local production of core robot components from 44% to 80% by 2030, ensuring a self-reliant and competitive robotics industry.

A Model for the Future

South Korea’s advancements in robotics illustrate how technology can address societal challenges like population decline while driving economic innovation. With its continued investment and adoption of robots across various industries, the country is setting a benchmark for others to follow in the age of automation.

Full report here.

Discovery of a New Dwarf Planet: Is Our Solar System Expanding?

A New Celestial Revelation: Meet 2017 OF201

In a groundbreaking astronomical discovery, researchers have identified a celestial body likely to be a dwarf planet far beyond Pluto. This thrilling discovery was made by astronomers from the Institute for Advanced Study in Princeton, New Jersey. Dubbed 2017 OF201, this object is located over twice the distance of Pluto from the Sun, marking it as one of the farthest known bodies in our solar system observable through optical telescopes.

Key Insights

  • The object is approximately 700 kilometers in diameter, smaller than Pluto’s 2377 kilometers, yet it stands to be the largest found in the outer solar system in over a decade if verified by radio telescopes.
  • Classified as an extreme trans-Neptunian object, 2017 OF201 joins the ranks of other icy bodies circling the Sun beyond Neptune’s orbit. This region is now known to host other giants such as Eris, Haumea, Makemake, and Gonggong.
  • Identified in a series of 19 observations over seven years, involving instruments like the Dark Energy Camera in Chile and the Canada-France-Hawaii Telescope, this discovery sheds light on the unexplored corners of the solar system.

Why 2017 OF201 Stands Out

2017 OF201 boasts a unique orbit, with its aphelion over 1600 times the Earth’s distance from the Sun. Meanwhile, its perihelion is 44.5 times the Earth-Sun distance, parallel to Pluto’s path. Such an extensive orbit is evidence of a chaotic past, likely involving gravitational interactions with a giant planet.

Unveiling the Kuiper Belt: A New Frontier

Nestled within the Kuiper Belt, this object hints at the possibility of numerous similar celestial bodies lingering in this icy expanse, largely hidden due to immense distances. As telescope technology advances, the possibility of unveiling more about our solar system’s outermost fringes grows ever more achievable.

Uri Levine Course vertical
The Future Forbes Realty Global Properties
SWC Finals V

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter