Thursday, November 12, 2015

Roubini : Robots taking over our Jobs?

Technological innovation is increasingly capital intensive, skill-biased and saves on labor. The demand for labor is going to shrink further, partly because of robotic substitution and structural changes as well.

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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