Report
Patrick Artus

Economies should be automated and digitised as much as possible, but the consequences of automation must also be managed

It would be irresponsible for a country to curb automation and digitisation of its economy, as artificial Intelligence and automation: Boosts the country’s market share in global industry, at a time when competition for these market shares is becoming fierce; Creates income and increases productivity. But automation speeds up the polarisation of the labour market between sophisticated, well-paid jobs in new technologies and unsophisticated, low-paid jobs in domestic services. So if automation is accepted, there is a need to implement policies of training , re-skilling and active redistributive policies . But the difficulty of this task should not be underestimated, given the tax competition and the difficulty in lifting the level of consumer service jobs .
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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