⑴Amid fears about robots replacing human jobs, South Korea could become the firstcountry in the world to introduce a “robot tax.” A new proposal could see the countryreduce the amount of tax benefits for companies that invest in automated machinery. Sowhile it’s not exactly a direct tax on robots, it looks like the government is makinginvestment in robotics less appealing for companies. South Korea has the highestconcentration of robots in the world, with 531 multipurpose industrial robots for every10,000 employees in the manufacturing industry. Currently, South Korean companiesthat invest in automation equipment can have up to 7 percent of their corporate tax ratededucted. The new ruling, however, will see this cut by up to 2 percent.