Some hundreds of years ago, the word ‘robot’ was not even in existence not to talk of its being discussed extensively. This is understandable considering the fact that robots were not as sophisticated and advanced as they are today, thus they did not feature much on the global scene. However, this is the 21st century and not a little has changed, a lot has been transformed. Science has become the king while technology is the queen and it seems that the robot is the sole heir to the throne. Yes, the tiny robot is to be never under-estimated, you do that at your own peril. This is a lesson that many workers have learnt in a very hard way.

Because of the fact that robots are now used in various areas and spheres of life, it is expected that they will have one effect or the other on the economies of nations in particular and the globe in general. This is particularly important for countries of Western Europe, the United States of America and the highly advanced Asian states of Japan, China and South Korea. Like fire, the effects of robots on the global economy has been both positive and negative.

This will be explained in the following lines. For example, in the technologically superior nations that have been mentioned in the earlier part of this article, robots have contributed positively in many ways to the development and growth of the economy. This is because through the use of robots, especially by the automobile industry, the productivity of each industry has been increased thus promoting exports of vehicles to other parts of the world. This boosts the economy by bringing in revenue in the tune of millions of dollars. On the other hand, widespread use of robots translates to the fact that some workers must be laid off thus increasing the level of unemployment, which is undoubtedly negative to the economy.

To be hardworking and industrious are virtues that are very much cherished in a human being. Afterall, it has been said that hardwork never kills but laziness does. However, with the widespread use of science and technology, it is important to know that a new definition has been given to the concept of hardwork. Nowadays, it is not uncommon to see a hardworking machine doing the work of a man. This brings us to the new frontier of technology, the realm of robots.

Ever since they were invented, man has always found a way to maximize the utility value of robots by putting them to good use. In the 21st century, that is no longer news as robots are now used in many industries, the only thing is that their names do not appear on the payroll of the company or organization that is using them. One of the industries that has come to depend on the use of robots is the bottling industry where canned and bottled beverages are made. In such industries, many of the repetitive processes such as corking, decorking, washing, label printing and so on are the major processes and stages of production and can be carried out by robots.

Another industry that makes a very good of robot ‘labor force’ is the car manufacturing industries. In these industries, automobiles are now assembled by machines and robots instead of human laborers. This is a method that has been applied by various automobile giants such as Honda, Hyundai, Kia and Toyota. It is interesting to know that these industries are located in countries such as Japan and South Korea both of which have the largest concentration of robots anywhere in the world. The use of robots come with various advantages, one of which is a significantly lowered cost of production.