Why the robot revolution risks an economic 'death spiral' for Australia | Greg Jericho

More robots in the workforce might be good for economic growth but it’s bad news for equalityIn promoting his 10-year tax plan, Malcolm Turnbull suggested people want governments to undertake “long term planning”. However, a new research paper out this week from the IMF highlights how economies could be set for a major shake-up in the future and how sticking with the belief that better wages for workers comes from reducing company tax in order to spur capital investment is a ra