File photo dated 24/05/18 of Bank of England Governor Mark Carney. PRESS ASSOCIATION Photo. Issue date: Tuesday August 28, 2018. Victoria Jones/PA Wire. A new industrial revolution could mean many workers will never have enough money to retire, Bank of England governor Mark Carney has warned.
He said automation, artificial intelligence, biotechnology and 3D printing will lead to higher unemployment and rising inequality.
The predicted changes, which Carney described as a fourth industrial revolution, could lead to a “substantial skills mismatch”.He said about ten per cent of jobs in the UK will disappear, while the “threat of robot substitutes” will weaken […]
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