Kibot Demo at AsiaD (Video)

Korea Telecom demoed Kibot, its kids’ robot, at AsiaD today. The plastic monkey combines games and education, which is nothing too unique, but as shown in the video below, it also allows parents to call, videochat with their child, and even control the robot remotely.

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It’s one of the dirty secrets of economics: technology progress does grow the economy and create wealth, but there is no economic law that says everyone will benefit.

— Erik Brynjolfsson, a professor at the MIT Sloan School of Management, who theorizes that advances in computer technology, like advanced robotics, are behind the post-2000 employment slowdown, and that technology is destroying jobs faster than it can create them