Automation, artificial intelligence and robotics are changing our lives quickly - but digital disruption goes much further than we realize.
Richard Baldwin, one of the world's leading globalization experts, argues that the inhuman speed of this transformation threatens to overwhelm our capacity to adapt. When technology enables people from around the world to be a virtual presence in any given office, globotics will disrupt the lives of millions of skilled workers much faster than automation, industrialization and globalization disrupted lives in previous centuries. What measures will people and governments take in response to such a tectonic economic and cultural shift? How do we avoid the prospect of undermining the very foundations of prosperity?
Whilst the changes are now inevitable, there are strategies that humanity can use to adapt to this new world, employing the indispensable skills that no machine can copy: creativity and independent thought. The Globotics Upheaval will help each of us prepare for the oncoming wave of the advanced robotic workforce.
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RICHARD BALDWIN is a Professor of International Economics at the Graduate Institute in Geneva, President of the Centre for Economic Policy Research in London, and Founder of the economic policy portal VoxEU.org. In addition to his research and teaching, he advises governments and international organisations around the world on globalisation and trade policy issues. In 1990-91 he served as a Senior Staff Economist for US President George Bush's Council of Economic Advisors, having completed his PhD in economics at MIT with Paul Krugman (with whom he has published a half dozen articles). He is the author of THE GREAT CONVERGENCE and THE GLOBOTICS UPHEAVAL.
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