Economics
The Virus Is Putting Britain’s Next Industrial Revolution on Ice
- Uncertainty of Brexit and Covid-19 hinders automation spending
- But virus means companies have new incentive to invest in it
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In the country that pioneered the world’s first industrial revolution in the 18th century, its latest one is looking very much on hold.
The global shift toward robotics and artificial intelligence across advanced economies is currently in a go-slow phase in the U.K. -- where both Covid-19 and Brexit have hampered progress.