Robots at the gate: Humans and technology at work
Technological advances are generating fears of a jobless future. At the same time, major economies are seeing historically low unemployment rates and wage growth is puzzlingly low. This report discusses how technology is changing the nature of work, not eliminating it. It explores the confluence of current technological advancements and whether machines are about to permanently replace humans in the workplace, while also digging deeper into two automation-related quandaries: the absence of wage inflation despite record low unemployment in major economies, and low labour productivity despite technological advancements.