Rise of the machines: Bank of Canada warns of automation's side effects - News Summed Up

Rise of the machines: Bank of Canada warns of automation's side effects


Over the longer haul, she added that new technologies should eventually create more jobs than they replace. For Canada to get the most from these changes, Wilkins argued it must address these concerns. "Canada should embrace new technologies and their benefits while at the same time proactively managing their more-harmful side effects," Wilkins said. The budget sought to address those fears with increased federal support for skills and training to help workers adjust to the rapid changes. Wilkins said the Bank of Canada has also taken steps to help it deal with the fast-approaching changes.


Source: CBC News April 18, 2017 19:18 UTC



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