Robots will add jobs to the economy: Siemens

Robots will add jobs to the economy: Siemens

London – A new report from Siemens suggests the ‘fourth industrial revolution’ will add billions to economies and that, instead of fearing robots, the drive towards automation will actually generate more jobs.

Discussing the publication of the report, Juergen Maier said that if economies embrace and fund “Industry 4.0”, then the loss thousands of industrial jobs from automation can be turned around into a net gain in employment. This will only happen, the industrialist argues, if governments act rapidly. The report is in the form of a 246-page review, which is made up of a series of recommendations and opinions […]

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