Automation of British industry 'pretty rubbish', claims Bank of England economist

clock
Automation, including robotics, could put as many as 30 per cent of jobs at risk by the 2030s
Image:

Automation, including robotics, could put as many as 30 per cent of jobs at risk by the 2030s

British companies have a 'below average' usage of robotics, and higher than average share of GDP going to labour

British industry is "pretty rubbish" when it comes to automation and the adoption of technologies such as robotics, artificial intelligence and machine learning. That's according to Bank of England...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

More on Server

Facebook reveals maintenance error was cause of global outage

Facebook reveals maintenance error was cause of global outage

Messaging app Telegram says it gained over 70 million new users during Facebook outage

clock 06 October 2021 • 3 min read
What's next for the mainframe, part 4 - making it happen

Where next for the mainframe, part 4 - making it happen

After looking at the history of the mainframe, how you're using it, why you might replace it and how to do so, we're now asking - how do you bring it all together?

Elisabeth Ash
clock 23 October 2020 • 5 min read
Where next for the mainframe, part 3 - which way to go?

Where next for the mainframe, part 3 - which way to go?

There are several strategies a company that relies on mainframes today can adopt – from the permissive to the aggressive.

Elisabeth Ash
clock 12 October 2020 • 6 min read