"If you look at economies with the lowest unemployment rates in the world and correlate it with robotics: Germany, Japan, South Korea have the highest robotics rates with more than 300 robots per 10,000 workers, and they have the lowest unemployment rates," Spiesshofer said.
"Asked about the global wave of political populism spurred in part by concerns about unemployment, Spiesshofer said it will be important to educate people about robotics` benefits.
"But we`re managing cost in a very careful way to make sure we safeguard the results of our group.
"As for his company, Spiesshofer said its transformation "is progressing according to plan," but the markets "are highly uncertain" this year.
He emphasized that note of caution, saying that his ambition is to maintain a growth pattern while carefully watching global developments.
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