Robot technology is a big subject in IT support. In America, they’re replacing fast food workers. Then in Japan, lonely guys can marry robots. But you don’t hear about China and robots, do you? Maybe we should. China’s robot revolution is here.
So China installs and uses more robots than any nation on Earth. In fact, take other leading robot nations like the US, South Korea and Japan. They use only half the number of robots that China does. Also, by 2019, they say China’s robot revolution will double. But notice this doesn’t impact China’s wages, or so they say. However, it will mess up the world’s economy before too long.
I get it. Robots often do the job better than humans. Furthermore, I get that robots don’t give you incompetence or attitude problems the way humans do. But economists say, and I agree, they will mess up your domestic economy. We can thank the Made in China 2025 mandate for this rising robot culture. Because they believe by letting robots take over the factory lines, that will fill in the gap of aging workers. They’re buying more robots and putting them in sectors like food, electronics, logistics, even law enforcement. They hope the robot economy will reach $11 billion a year by 2020.
So how will this doom the economy? Well, more nations are in demand for robots. So if more companies get them, they’ll follow suit and kick human workers to the curb. China is the world’s second biggest economy. That means they’re one of the major players on the global economic stage. I guess one could say, “As China goes, so goes the nation”. Then if the trend goes global, that means more global people sitting at home, depending on governments just to survive. Because, you know, robots have their jobs now. Think about the strain that will put on the world. How else will China’s robot revolution doom the global economy?