What does the rise of the robots mean for trade?

Industrial robots, 3D printing, and artificial intelligence are rapidly changing the face of imagesglobal production and trade. Global sales of industrial robots reached a new record of 387,000 units last year and robot adoption is projected to grow in the coming years. Techno-pessimists fear that developing countries might lose the opportunity to export themselves out of poverty by linking into Global Value Chains (GVCs), as firms in rich countries relocate robot-driven production closer to home.

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Uniquely Human: The Centrality of Humanism in the Future Workforce

tk2My nephew Reuben was born on December 9, 2017. Reuben is a member of generation Alpha, a cohort that is younger than smartphones, cryptocurrency, and synthetic human cells. Reuben was born in Australia only a few short months after Sophia became the first robot citizen of Saudi Arabia. Reuben will take his first steps in a pair of self-tying shoes to walk into a world of self-driving (maybe even flying!?) cars, digital assistants, and augmented reality.

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