Dinner party intel: Robotic future | Zim cash crisis | Asian ‘super grid’
1. A robotic futureMost of us relish the idea of a robot that is programmed to do our laundry. But what of those that will take the place of humans in the vehicle manufacturing line? That reality is close, and it has alarming consequences.A UN report says robots could replace as much as two-thirds of workers in developing countries. This will also erode these countries’ labour-cost advantage, which could drive business back to wealthier nations.2. Zimbabwe’s cash crisisAs Zimbabwe waits for the release of new bond notes this month, which it hopes will alleviate its cash crisis, its government has repaid an outstanding International Monetary Fund loan. The payment ends a suspension of technical assistance to Zimbabwe. But it doesn’t mean the country will get fresh loans. It will first have to clear its US$1bn debt to the World Bank and another $600m owed to the African Development Bank.3. An Asian ‘super grid’?Entrepreneurs in Asia are hedging their bets on renewable energy, which th...
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