Industria — Automation Boom

Why the Automation Boom Could Be Followed by a Bust

Automation Boom

Why the Automation Boom Could Be Followed by a Bust

Why the Automation Boom Could Be Followed by a Bust You may not be sharing your office with a robot yet, but the next wave of automation has begun. Humanoid service robots, machine learning algorithms and autonomous logistics will replace millions of service workers in the coming decade. Experts are rushing to forecast the likely impact on jobs. But most projections overlook two powerful forces that will combine with automation to reshape the global economy by 2030: rapidly aging populations and rising inequality. The collision of these three forces sets the stage for a 10- to 15-year economic boom followed...

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