In Japan, the Rise of Machines Solves Labor Shortage
- Labor shortage cuts barrier to robots and automation
- Cyberdyne CEO: "A new era won't come without action"
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The rise of the machines in the workplace has U.S. and European experts predicting massive unemployment and tumbling wages.
Not in Japan, where robots are welcomed by Prime Minister Shinzo Abe’s government as an elegant way to handle the country’s aging populace, shrinking workforce and public aversion to immigration.