DESIGNED by Apple in California. Assembled in China”. For the past decade the words embossed on the back of iPhones have served as shorthand for the technological bargain between the world’s two biggest economies.
Economists have long argued that automation is responsible for the bulk of the six million jobs shed by the manufacturing sector over the last 25 years. Now, they have a put a precise figure on some of the losses.
Nearly 40% of jobs in the U.S. may be vulnerable to replacement by robots in the next fifteen years, according to a new study by the research firm PwC.
Other major advanced economies have fewer jobs at risk.
THE REMOTE EXPANSE of the world’s oceans may seem like a tranquil space to conduct science. But sometimes, geopolitical tensions cross paths with scientific missions—and researchers get caught in the middle. On Thursday, Chinese sailors grabbed a submersible drone that was recording data for a US naval research ship operating in the volatile South China […]