Tech revolution could worsen global inequality, says WEF

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ZURICH (BLOOMBERG) - Global inequality is going to worsen unless governments do more to ensure those most affected by rapid technological change aren't just cast aside and forgotten, according to the World Economic Forum (WEF).. Read more at straitstimes.com.

ZURICH - Global inequality is going to worsen unless governments do more to ensure those most affected by rapid technological change aren't just cast aside and forgotten, according to the World Economic Forum .

The result, it said, is that societies"too often reproduce rather than reduce historic inequalities." But it said problems are widespread and most countries underperform on three key metrics - low wages, lack of social protection and poor lifelong learning systems. The WEF said giving everyone the chance to fulfill their potential would not only improve personal wellbeing, but also bring broader benefits by boosting economic growth.

 

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Wait till the robots take over most of blue collar jobs and unemployment rates skyrocket... but I don’t see any liberals or GretaThunberg crying about that....

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