Greatest disruption could be experienced by workers who have so far felt immune to robotic competition, Swiss bank adds
The richest stand to gain more from the introduction of new technology than those in poorer sections of society, according to a report that warns of the impact on low-skilled roles from increased use of automation.
The so-called fourth industrial revolution, following on from the introduction of steam power, electricity and electronics, will have less of an impact on developed economies, but emerging markets will suffer when artificial intelligence and robots become widely used, reducing the competitive advantage of their cheap labour.
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