Is a Revolution Coming? The Indian Economist

Nearly a month ago, Manan Vyas told me that he thinks a revolution is in the offing – skills inequality, ownership inequality, and ultimately, income inequality, is increasing. To make matters worse, technology (especially those in third platform fields such as artificial intelligence and big data analytics) is developing at a remarkable pace. This has empowered a few developers and shareholders with a specific and dare I say, a'privileged', background. Though the world's gini coefficient has not steeply increased over the last couple of years, the signs are all there. Foxconn recently announced that it was planning to fire 60,000 workers as their role could now be done by robots.