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Britain banks on robots, artificial intelligence to boost economy

  Bloomberg Britain is betting that the rise of the machines will boost the economy as the country exits the European Union. As part of its strategy to champion specific industries, the UK government said in a statement on Sunday that it would invest 17.3 million pounds ($21.6 million) in university research on robotics and artificial intelligence. The government cited ...

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Austria’s Kern targets robots’ rise to blunt populist surge

  Bloomberg Austria’s Chancellor Christian Kern said rapid advances in automation will threaten half of the world’s jobs as he backed calls by Bill Gates to fight inequality with measures such as a tax on robots. Disruption “starts at a slow pace and then comes a big step change. We have to prepare,” Kern said in an interview Thursday in ...

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Ericsson hits 5G milestone with expanded portfolio

  Bloomberg Ericsson introduces a 5G platform for the needs of the first movers in 5G. Communications are rapidly moving towards data-heavy applications like Virtual Reality and Augmented Reality everywhere. In light of that, Ericsson is now first to market with solutions to enable today’s networks to evolve smoothly to the next generation of networks. Ericsson’s new 5G platform comprises ...

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