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The economics of a robot workforce

Technological progress and mechanisation have been contentious since the days of the Luddites in the early nineteenth century, but robots are becoming increasingly sophisticated. Geraint Johnes examines some of the economic issues

technological progress, automation, labour economics

Robots are in the news. Blade Runner 2049 was a major box office hit. Harvest CROO have developed a robot that can pick strawberries, doing the work of more than eight human pickers. The Mace group has predicted that some 600,000 jobs in the construction industry are vulnerable to technical change in the next two decades. Deloitte has suggested that 35% of jobs in the UK could vanish. Academics at Oxford University have suggested the figure might be even higher.

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