Economics
Why Robots Mean Interest Rates Could Go Even Lower In The Future
- Technology gains will hurt workers and boost productivity
- Automation to put `a lid on' inflation, says UBS's Weber
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If robots rise, interest rates will fall.
That was the assumption of delegates at the World Economic Forum’s annual meeting in Davos, Switzerland, as revolutions in automation and artificial intelligence reshape how economies work.
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Why Robots Mean Interest Rates Could Go Even Lower In The Future