Chinese Company Moves to Replace 90% of its Workforce with Robots

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I’m not one of those people who thinks robots taking over menial labor from human employees is a bad thing. On the contrary, I think such a displacement could ultimately prove very positive for the species. Nevertheless, the short-term pain and suffering that this could cause for displaced workers and their families likely will have tremendous negative repercussions to the societies that are most affected in the near and intermediate-term.

Since robots entering the workforce is probably one of the most significant economic trends in the decades ahead, we should all start thinking about how to deal with what will be a major adjustment for hundreds of millions, if not billions, of people.

From the South China Morning Post:

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