The robot revolution is here, and it's not all good for emerging-market economies. As the conversion to more automated factories picks up steam in countries like the U.S., Japan and Germany, there'll be less factory work outsourced to developing nations with relatively low labor costs, according to a report by Moody's Investors Service. The impact will be most severe in Hungary, Czech Republic, Slovakia, Vietnam, Malaysia and Thailand. While most robot-related anxiety in popular culture has swirled around unfounded concern of a violent cyborg rebellion and the more likely possibility of blue-collar job losses, Moody's raises the specter that developing countries that depend on manufactured exports could be in for a painful reckoning. Automated factories require a huge up-front investment in technology, but once that's in place the operational costs will often be far lower than in fully staffed manufacturing sites in Eastern Europe and Southeast Asia.