Digital technology could create, rather than destroy, jobs - expert

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
Asimo robot. (AP)
Asimo robot. (AP)

Cape Town – In the long term the rise of robots will not cause widespread unemployment or inequality, new research suggests.

Alice Leedale, fixed income strategist at global asset management firm Schroders, said there are those that argue that the negative effects of automation are already becoming apparent in the US, where recent decades have seen a “hollowing out” of manufacturing employment, driven by technology and globalisation.

“At present automation is also making rapid advancements in both low-skilled as well as high-skilled service roles that have previously been set aside for white-collar workers.”

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
16.30
+0.3%
Rand - Pound
19.74
+0.3%
Rand - Euro
17.01
+0.2%
Rand - Aus dollar
11.17
+0.5%
Rand - Yen
0.12
+0.7%
Gold
1,810.84
+0.1%
Silver
20.13
+0.8%
Palladium
1,945.00
+0.6%
Platinum
887.00
0.0%
Brent Crude
113.50
+1.7%
Top 40
60,902
0.0%
All Share
67,025
0.0%
Resource 10
63,634
0.0%
Industrial 25
81,244
0.0%
Financial 15
14,837
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot