Chart of the Week: Invest in Robots and People in Asia published by IMF (8/2018)
“With about 1 million robots in use in Asia, robotics and automation mean economic risks and growth opportunities for the region. For Asia to fully reap this digital opportunity as the world’s main engine of growth, countries need to revamp their education systems and invest in innovation to support a workforce for humans and robots alike.
As digital technologies like artificial intelligence transform business models, the rise of industrial robot usage—robotics used for manufacturing, for example in welding—in Asia signals a change is underway…”