It would be foolish to dissuade companies from investing in more productive machines. However, governments must ensure that the impact is spread evenly.
If firms are adding robots to production, it should show up as accelerating productivity. But labour productivity growth has slowed to a crawl since 2010.
A survey found a robotic takeover was easier to accept because it didn’t batter people’s self-image quite so brutally as being replaced by another human.
Students and professors at Imperial College London are developing a robot to assist patients after looking at nursing shortage statistics paired with aging population demographics.
For central bankers who have long thrived on wielding the power of words, growing use of technology means they’ll need to pay closer attention to what they say and how they say it.
Most tech companies are focusing on replacing people with AI with an eye on short-term profits instead of using it to create new tasks for humans for long-term growth.
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.