Archive for category Economics
"Technologist Martin Ford estimates that over 50 million jobs in the United States are immediately susceptible to replacement by automated software, a figure that represents more than 40% of the U.S. workforce."
"Doubling the wages of low-skilled workers during a period of prolonged joblessness is a surefire way not just to swell the ranks of the reserve army of the unemployed but to increase automation at your local Taco Bell."
The European Commission has fined eight banks a total of 1.7bn euros (£1.4bn) for forming illegal cartels to rig interest rates