Sunday 15 April 2018

Mark Carney says automation could lead to the rise of Marxism

Mark Carney says automation could lead to the rise of Marxism

Mass job losses caused by advancing technology could lead to a rise of Marxism, the governor of the Bank of England has warned. Mark Carney said the automation of millions of jobs could lead to mass unemployment, wage stagnation and the growth of communism within a generation. He warned “Marx and Engels may again become relevant.” Speaking at the Canada Growth Summit, Mr Carney said increases in artificial intelligence...
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