Source: Getty Images

To Tame the Rise of the Robots, Buy Them!

UniCredit suggests a novel approach to dealing with income inequality
From

“Workers of the world, buy robots!”

If Karl Marx were alive today, would this be the rallying cry he’d offer to workers whose jobs are threatened by the spread of automation in factories and offices? Maybe not. But it would still be sensible advice, according to a recent study by UniCredit SpA economist Harm Bandholz.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.