30 July 2021
Automation
The world changed in 2020 and further changes lie ahead. As former Bank of England Governor Mervyn King recently highlighted, post the support phase during COVID-19, we need to address “the next big challenge — guiding the long-term shift in economic activity that will be needed after the pandemic is controlled.” This report explores this needed ‘shift’ transition, with Carl Frey arguing that we are moving from a post-industrial to a post-production society, in which both goods and services are increasingly produced abroad or by machines.