Machines will encroach further on manufacturing jobs as they become more adept at completing physical tasks that require dexterity and dynamic interactions
As labour-saving technologies advance, concerns regarding job security will likely rise in tandem. According to a study by PwC , 37 percent of the 10,000 people surveyed across five countries were worried automation would put jobs at risk. Further, 60 percent believed only a few people would have stable, long-term employment in the future.
From a macroeconomic perspective, the bulk of available evidence seems to suggest there is little reason to worry, as the net effect on employment will […]
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