One of the greatest threats to jobs around the world is automation – smart factories of the future. Germany’s ‘Industry 4.0’ initiative promotes the computerization of traditional industries such as manufacturing, as do many government initiatives around the world. While some praise the idea of “intelligent manufacturing”, tech leaders have spoken out in support of a universal basic income (UBI) to avoid technology companies being perceived as job destroyers.
In 1962, the first industrial robot made its debut as ‘Unimate’ which came online at General Motors in New Jersey. Since then, the manufacturing industry has changed drastically. In the […]
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