Automation may lead to huge job loss

Studies about what cataclysmic changes automation will bring about in all fields of human activity in the near future should engage the attention of governments, decision makers, leaders and even ordinary people. The possible scenarios being projected may look like science fiction. But the trends which are seen now and their fast pace indicate that there may be more reality than imagination in the accounts.

Automation in this context means the use of robotics, artificial intelligence, machine learning and big data manipulation to improve productivity and efficiency. It is set to bring about a revolution in the economy, mainly with […]

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