Mark Carney: ‘Every technological revolution mercilessly destroys jobs well before the new ones emerge’

Mark Carney: 'Every technological revolution mercilessly destroys jobs well before the new ones emerge'

A protester dressed as a robot takes part in a march by Belgian public sector workers in central Brussels, Belgium, May 31, 2016. LONDON — Bank of England Governor Mark Carney thinks the jobs market is experiencing "great disruption" due to technology and believes governments, and corporations have a duty to help people manage the change.

In a wide-ranging speech on the economy in Liverpool on Monday , the governor said the world is "in the midst of a technological revolution that is once again changing the nature of work." He highlighted a past speech from the Bank of […]

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