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This article looks at the macroeconomic effects of automation in the labour market, with the Future Advocacy arguing that 20% of UK jobs will be under threat, and that figure rising to 40% in some places.
Of course, there's a net effect, because labour and capital are complementary as well as substitutes.
Will a post-Brexit economy see workers swapped for robots? https://t.co/oTxdfJKhos
— Sky News (@SkyNews) January 15, 2018
Automation will affect between 20-40% of jobs across the UK, major variance by constituency
— Rob McCargow (@RobMcCargow) October 16, 2017
- @FutureAdvocacyhttps://t.co/Sg3RCEf9WA #AI
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.
Our subjects
- › Business
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- › Geography
- › Health & Social Care
- › History
- › Law
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- › Psychology
- › Sociology
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