Between the wars, leading economist John Maynard Keynes predicted that automation would usher in a life of leisure. In the latest Market Eye, BNY Mellon’s Chief Economist points out that while this is yet to happen, the advent of the fourth industrial revolution (Industry 4.0) should raise productivity and wealth and could help finally realise Keynes’ dream that while de-globalisation appears to risk damaging global GDP and setting the clock back on trade integration, risks may be being overstated. To find out more, read the latest Market Eye…..
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