As futuristic technology re-shapes global trade and increases dependence of rich countries on AI, poor countries stand to lose the most, further widening the global wealth gap.
With labor costs rising and margins falling, no one doubts that the future of the food service industry is automation, both behind the counter and in the kitchen.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Hello,
I am honestly curious as to how you wrote a whole article arguing for how robots will eliminate the need to migrant workers, yet still try to argue that will result in immigration to the industrialized world? What jobs would they do? They would somehow breach possible automated border controls, somehow, and what? Squat on the streets of Berlin and Tokyo? There wouldn’t be a pull factor since they wouldn’t have the skills and the countries have no jobs for them.
Automation makes large scale-low skill labor migration obsolete and this is a good thing, if countries don’t have to rely on diversifying and disrupting long established once homogeneous societies for labor shortages, why not? There is clearly political destabilization brought on by multiculturalism and immigration. If its not necessary and not worth the long term damage, why do it?
Hello,
I am honestly curious as to how you wrote a whole article arguing for how robots will eliminate the need to migrant workers, yet still try to argue that will result in immigration to the industrialized world? What jobs would they do? They would somehow breach possible automated border controls, somehow, and what? Squat on the streets of Berlin and Tokyo? There wouldn’t be a pull factor since they wouldn’t have the skills and the countries have no jobs for them.
Automation makes large scale-low skill labor migration obsolete and this is a good thing, if countries don’t have to rely on diversifying and disrupting long established once homogeneous societies for labor shortages, why not? There is clearly political destabilization brought on by multiculturalism and immigration. If its not necessary and not worth the long term damage, why do it?