Columnist Colin MacKay. BELLEVILLE – Technological advances are helping to make people’s lives more convenient, but it’s coming at a price.
Automation, especially incorporating robotics, are eliminating jobs, particularly manufacturing ones. The theory goes technological advancement encourages growth and, in turn, creates jobs. However, as robotics continues to advance and replace people, the move away from traditional manufacturing jobs to service jobs is likely not progressing at a break even point. In Davos, Switzerland, at a World Economic Annual meeting, the idea of universal basic income was floated, due to the increasing number of jobs being lost. Replacing […]
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