Commentary: Robotics’ existential impact on labour
By Bhavin Patel in London
Robots are becoming more reliable, proficient and cheap, which incentivises companies to automate processes, despite the risk of major disruption to traditional labour markets. Today’s pace of innovation is becoming exponential. Labour markets will find it increasingly difficult to identify new jobs and reduce slack over the medium term. Technological progress may make a society more prosperous in aggregate, but not everyone will benefit. Inequality will increase in the absence of political and regulatory intervention.
Read the full commentary on the website.
Meeting: Roundtable with Perry Warjio
Thursday 13 September, London, 10:00 BST
OMFIF organises a roundtable discussion with Perry Warjiyo, governor of Bank Indonesia. The meeting will focus on Indonesia’s economic policies and progressive reforms. The governor will discuss how the central bank’s policy mix responds to global economic challenges and opportunities. This meeting has a limited capacity and registrants will be accepted on a first-come, first-served basis.
Request to attend the meeting.