Bernstein’s central argument is that manufacturing jobs are effectively disappearing globally, replaced by robots. China is leading the way but the trend is global and it means promises made by politicians like Donald Trump to bring overseas industries back to America are unlikely to benefit working people generally.

http://www.businessinsider.com/bernstein-china-robots-and-the-end-of-adam-smiths-wealth-of-nations-2016-12

Like what you read? Give Jeevan Padiyar a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.