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Angus Deaton, who won the Nobel Prize last year for his work on health, wealth, and inequality, told the Financial Times he believes robots are a much greater threat to employment in the US than globalisation.
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Monday, January 2, 2017
NOBEL ECONOMIST: 'I don’t think globalisation is anywhere near the threat that robots are'
Via Billy
A Nobel Prize-winning economist has warned that the rise in
robotics and automation could destroy millions of jobs across the
world.
Angus Deaton, who won the Nobel Prize last year for his work on health, wealth, and inequality, told the Financial Times he believes robots are a much greater threat to employment in the US than globalisation.
Angus Deaton, who won the Nobel Prize last year for his work on health, wealth, and inequality, told the Financial Times he believes robots are a much greater threat to employment in the US than globalisation.
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Economist obviously thinks the purpose of workers are to get paid, not to produce.
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