We’re always seeing articles about robots taking over the world, but which country really is having a robot revolution? The simple response: South Korea has the highest concentration of industrial robots of any country (with second place going to Singapore, then third place being Japan—the US came in eighth).
So why is South Korea so robotically driven as a nation? One reason could be finance. The South Korean government is spending more than $450 million developing the field over the next five years. It is a new technology frontier and it is clear South Korea wants to be first in developing this new industry. By 2019 it is speculated by the International Data Corporation that the robotics industry will be work $135 billion, which is near doubling its worth since 2015.
Being a player on the big stage before something happens is always a good step financially, but will it play out to be a good step for the people of the country? Only time will tell.