Arhiva na Telegraph - Western executives who visit China are coming back terrified

> Counter-intuitively, Whitton says countries which had more automation during the first “China shock” of the 2000s – which flooded the world with cheap goods – managed to hold on to a greater share of industrial jobs.

> “People talk a lot about how automation will lead to job losses,” he adds. “But actually, the job losses are going to be disproportionately in the countries that don’t automate.”

> In other words, failing to modernise will almost certainly lead to more dark factories in the West. But the kind where no work at all is happening.