A technician prepares SoftBank Robotics ‘Pepper’, a humanoid robot, at the 2017 World Robot Conference in Beijing on August 22, 2017. Photo: Reuters Amazon’s CEO Jeff Bezos has a favourite saying: ‘Your margin is my opportunity’. Photo: AFP With revolutionary developments in robotics, artificial intelligence and machine learning, the concept of automation replacing human jobs is quickly becoming a reality.
But there is serious debate about the consequences of automation on labour and economic markets, with a clear division between optimists and pessimists. Optimists believe that new forms of technology will lead to higher labour productivity, which in turn, will […]
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