Home » General World News » Automation could add more than $1.1 trillion to the global economy in the next 10 years

Automation could add more than $1.1 trillion to the global economy in the next 10 years





Robot workers

  • JPMorgan Asset Management believes automation could increase global GDP by more than $1.1 trillion in the next 10-15 years.
  • “Technology will affect economic growth rates and capital market returns in ways that are difficult to foresee,” according to a report from a team of strategists headed by John Bilton, JPMAM’s Head of Global Multi-Asset Strategy.
  • Workforce automation has been a much discussed topic in recent months and years, with many believing that human workers in certain simpler professions will soon be replaced by robots or automated processes.

LONDON — Technological advances such as automation could increase global GDP by more than $1.1 trillion read more >>>

Source:: BusinessInsider.Com

Comments are closed.