(Bloomberg) — In the country that pioneered the world’s first industrial revolution in the 18th century, its latest one is looking very much on hold.
The global shift toward robotics and artificial intelligence across advanced economies is currently in a go-slow phase in the U.K. — where both Covid-19 and Brexit have hampered progress. That threatens to harm Britain’s competitiveness against rival economies which are already retooling more aggressively to be more productive. It could also mean greater long-term pain in the U.K. labor market, delaying the inevitable adjustment for workers who need to retrain as jobs in industries from […]
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