Tagged With developing countries

A new report from the United Nations Conference on Trade and Development shows the increased use of robots threatens millions of jobs in developing countries. It undermines the advantage of low wages and facilitates the "reshoring" of industries back to industrialised countries.

The solution? Build your own robots, the report says.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

A new report from the United Nations Conference on Trade and Development shows the increased use of robots threatens millions of jobs in developing countries. It undermines the advantage of low wages and facilitates the "reshoring" of industries back to industrialised countries.

The solution? Build your own robots, the report says.