Professor Richard Baldwin presents his latest book The Globotics Upheaval: Globalization, Robotics, and the Future of Work.
In this talk, one of the world's leading globalization experts, will explain that exponential growth in computing, transmission and storage capacities is also creating a new form of 'virtual' globalization that could undermine the foundations of middle-class prosperity in the West.
In this engagingly-written, insight-packed book, Richard Baldwin, one of the world’s leading thinkers on globalization, argues that “globots” will build a better future, but will create explosive social challenges along the way. Digital technology is allowing “white-collar robots” to displace may service-sector workers and professionals while at the same time enabling “telemigration” where talented, low-cost workers sitting abroad displace domestic office workers.
If displaced office workers join with already displaced factory workers, the result could be a destabilizing upheaval. To avoid this, Baldwin asserts that governments must use the tools they have slow the pace and make the competition from globots seem fairer.
Richard Baldwin (@BaldwinRE ) is Professor of International Economics at the Graduate Institute (Geneva), President of the Centre for Economic Policy Research (London), and Founder of VoxEU.org. In addition to his research and teaching, he advises governments and international organisations around the world on globalization and trade policy issues. In 1990-91 he served as a Senior Staff Economist for President George Bush's Council of Economic Advisors, having completed his PhD in economics at MIT with Paul Krugman (with whom he has published a half dozen articles). The Great Convergence: Information technology and the New Globalization, was published in November 2016 and cited by Lawrence Summers as one of the 5 most important books on globalization ever.
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