Use of Robots as Facilitators of Socio-Economic Growth and National Development: A Review

S. D. Fabiyi, A. O. Abdulmalik, A. J. Falade

Abstract: At a time when the world is battling with global recession, the aim of all developing countries is to attain the ‘developed’ status. However, the situation seems to be turning from bad to worse for many of them. Increased inflation, high interest rate, reduced consumer confidence and real wages, fall in oil price, terrorism, low agricultural output, etc. are some of the factors considered to be responsible for such economy decline. Deployment of robots is one approach experts believe can help turn the tide. The aim of this paper is to present a review of the use of robots as facilitators of socio-economic growth and national development. Nuclear power plants, military/security, industries, Medical science, Agriculture, Education are the identified areas of application of robots which can have huge positive effect on socio-economic growth of any nation. Keywords: Robot, social, economic, development, growth, robotics. Title: Use of Robots as Facilitators of Socio-Economic Growth and National Development: A Review Author: S. D. Fabiyi, A. O. Abdulmalik, A. J. Falade International Journal of Electrical and Electronics Research ISSN 2348-6988 (online) Research Publish Journals

Vol. 4, Issue 3, July 2016 – September 2016

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Use of Robots as Facilitators of Socio-Economic Growth and National Development: A Review by S. D. Fabiyi, A. O. Abdulmalik, A. J. Falade