Robots: Good for economy or ‘national emergency’?

Billionaire investor Jeff Greene is digging into his own pockets to address what he believes is a big issue: robots. Greene, founder of the Greene Institute, sponsored the Closing the Gap conference last week, hoping that attendees would develop solutions on creating a more inclusive global economy. According to him, a looming threat comes from technology, where he contends automation is becoming increasingly disruptive to both white-collar and blue-collar jobs. He warned that “what globalization did to the blue-collar worker in manufacturing over 30 or 40 years, artificial intelligence, machine learning, big data, robotics I believe will do to the white-collar workforce in the next five to 10 years,” Greene said. His comments echoed the widening opinions of experts who believe robots and AI pose a serious challenge to middle-class…


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