| Simon Lapthorne, Senior Research Analyst at Investec Wealth & Investment, discusses the rise of the robojob, and what advances in automation means for the economy. The article was originally published in Vision 2017, highlighting the thoughts of our Research Team, detailing some of the key investment themes they feel will be prevalent in 2017.
Download the full Vision 2017 eBook for free here: https://marketing.investec.com/vision-2017/ For centuries automation and mechanisation has been a feature of economic development. Despite fears about the impact on employment, history shows that jobs lost have been replaced by others in new, emerging industries. Could the information technology revolution currently underway be different though? The sheer pace of development, the omnipresence of IT and, perhaps above all, the emergence of machine learning, raise the possibility of much greater disruption to employment than has ever been seen before. |
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