Posts Tagged ‘unemployment’

Honda's latest version of the Asimo humanoid robot walks down stairs during a presentation in Zaventem near Brussels July 16, 2014. Honda introduced in Belgium an improved version of its Asimo humanoid robot that it says has enhanced intelligence and hand dexterity, and is able to run at a speed of some 9 kilometres per hour (5.6 miles per hour).  REUTERS/Francois Lenoir (BELGIUM - Tags: SCIENCE TECHNOLOGY BUSINESS SOCIETY) - RTR3YVL3

Robots coming to steal half your jobs, Bank of England warns

Roughly half of the workforce in the UK and the US are likely to eventually lose their jobs to robots, as technological automation trends spread across all industries and service sectors, the Bank of England’s chief economist has warned.