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The economic and social consequences of robotization

Rising inequality and slow productivity gains may be the main economic challenges of the 21th century. And the increased use of Robots should affect both of these developments – positively as well as negatively. Here our guest blogger, Chief US Economist for the Unicredit Group, delves deeper into robotization and how we need to harness its potential: http://wrld.bg/yoUo304aaJF

The economic and social consequences of robotization

Harm Bandholz, guest blogger, is the Chief US Economist for the UniCredit Group Worker in an industrial factory in India. Photo: World Bank Robots are just one of the latest stages of technological progress. The number of robots being used by businesses to boost productivity has increased rapidly in…

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