The future has already arrived in a small factory in Worcester, according to the man hired by Theresa May to put Britain at the forefront of the next industrial revolution.
Juergen Maier, the chief executive of Siemens UK, believes new technologies including robotics, artificial intelligence and additive manufacturing, or 3D printing, can deliver greater productivity and create more highly paid jobs.
THE most striking battle in modern business pits the techno-optimists against the techno-pessimists. The first group argues that the world is in the middle of a technology-driven renaissance. Tech CEOs compete with each other for superlatives. Business professors say that our only problem will be what to do with the people when the machines become super-intelligent. The pessimists retort that this is froth: a few firms may be doing wonderfully but the economy is stuck.