Gates Foundation: “Digital IDs are an effective tool against poverty”

 Off Guardian | Kit Knightly

It looks like we can add another to the growing mountain of problems that digital IDs are going to solve for all of us.

We already know that digital IDs will help counter populism, and illegal immigration, and crime, and benefit fraud, and terrorism, and pandemics.

But they’ll help tackle poverty now as well. That’s according to a report published a few days ago by the Bill & Melinda Gates Foundation:

Digital IDs are an effective tool against poverty. A global solution is making them available to millions.

I do love “making them available” in that sentence. As if the world is full of people desperately crying out for digital ID that the powers that be have been unable to supply, when the truth is literally the exact opposite of that.

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Africa Gets ‘Smart Housing’ While Buried In Poverty

  

The UN is pledged to “End poverty in all its forms” (SDG #1) and Africa is its poster child. Instead of providing energy, property rights and capital, they get 3-D printed housing made from waste products. ⁃ TN Editor

 

Technocracy News

Africa is urbanizing fast, as its population grows and many flocks to cities in search of jobs, education and healthcare.

Studies show that hundreds of millions more Africans will live in cities over the next three decades.

Many of these new urban Africans, however, are likely to end up in informal settlements. Already an estimated 200 million Africans live in informal settlements—often without access to energy and sanitation.

The growing class of urban poor need access to decent housing. But the challenge is that the global housing sector already emits almost a third of global greenhouse gas emissions and uses up to 40 per cent of the planet’s total resources. New approaches are clearly needed.

As the housing sector grows—and it must grow if we want an equitable world—we need to reduce its environmental impact, not raise it,” said UN Environment Acting Executive Director, Joyce Msuya. “Smart design is the only way to meet our housing needs and stay within planetary boundaries.”

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Is The World Becoming Wealthier Or Poorer?

Charles Hugh-Smith
OfTwoMinds blog

At the request of colleague/author Douglas Rushkoff (his latest book is Team Human), I'm publishing last week's Musings Report, which was distributed only to subscribers and patrons of the site.)

The core assumption of Universal Basic Income (UBI) and other plans to redistribute wealth and income more broadly is that the world is becoming wealthier, and so the pool of income and wealth that can be taxed is always expanding.

This pool of available wealth and income is so vast, we're assured, that taxing the super-wealthy will not really dent their wealth or the economy as a whole.

But what if the world is rapidly becoming poorer in every important sense?

What if the decline in the standard of living of the bottom 90% of households that I've often addressed is not simply the result of the top 10% taking a greater share of the output (gains), but of the entire pie shrinking?

I believe the steady decline of the purchasing power of labor--the source of most households' income--is not just the result of way income is distributed, but of a steadily diminishing pool of real-world wealth.

We must start any discussion of total wealth/income by asking: what are we measuring with currencies such as dollars? What's not being measured?

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The Vultures of Caracas

Craig Murray
craigmurray.org.uk

We are frequently told that people in Venezuela have no food, clothing or toilet paper, and that popular discontent with the left wing government is driven by real hunger. There are elements of truth in this story, though the causes of economic dislocation are far more complex than the media would have us believe.

But I ask you to look at this photo of supporters of CIA poster-boy, the West’s puppet unelected “President” Juan Guaido, taken at a Guaido rally in Caracas two days ago and published yesterday in security services house journal The Guardian. Please take a really close look at the photo. Blow it up as big as you can. Scan individual people in the crowd, one by one.

 

These are not the poor and most certainly not the starving. As it chances I have a great deal of life experience working amongst seriously deprived, hungry and despairing people. I know the gaunt face of want and the desperate glance of need. Look at these Guaido supporters, one by one by one.

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Evidence That Half of Americans Are In or Near Poverty

Wake Up World
 

The extreme level of wealth inequality in the U.S. is battering the poor.

Deniers like Nikki Haley refuse to admit that mass poverty exists in their prosperous nation. That would reflect poorly on their capitalist beliefs. But if the skeptics would look at the half of America they don’t care to see, the stark display of destitution might shock them. At least until they invent an excuse to remove it all from their minds.

The U.S. poverty rate in 2016 was between 12.7 and 14.0 percent. But the poverty threshold is based on an outmoded formula from the 1960s. According to the Congressional Research Service (CRS), the threshold should be THREE TIMES HIGHER today. And it could be even higher if the true nature of poverty is considered.

Poverty is not just a dollar figure.

 

There is poverty in the diminishing quality of life for Americans who are unable to pay for medical treatment during years of declining health, and instead turn to life-threatening opioid painkillers, readily available in a nation with less than 5 percent of the world’s population and 30 percent of the world’s opioid consumption. Poverty is the lack of community support in a winner-take-all society; the stress of overwhelming debt; the steady decline of jobs that pay enough to support a family; the inability to afford a move to a desired neighborhood; the deadening impact of inequality on physical and mental well-being.

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Ignoring Data, Facts Haley Blasts UN Report on Extreme Poverty, Inequality in US

TeleSur

The report revealed U.S. "citizens live shorter and sicker lives compared to those living in all other rich democracies."

Days after the United States abandoned the United Nations Human Rights Council, its ambassador Nikki Haley criticized a report condemning entrenched poverty in the country and criticizing president Donald Trump’s economic policies.

In May, the United Nations' special rapporteur on extreme poverty and human rights, Philip Alston released a report showing the U.S. has the highest rates of infant mortality and income inequality among developed countries, as well as 40 million people living in poverty.

"The United States, one of the world's richest nations and the ‘land of opportunity,’ is fast becoming a champion of inequality," the report concluded.

Alston also accused President Trump of deepening poverty and inequality.

"The policies pursued over the past year seem deliberately designed to remove basic protections from the poorest, punish those who are not in employment and to turn even basic healthcare into a privilege,” he wrote.

The report also blasted the administration’s US$1.5 trillion tax cuts.

On Thursday, shortly after the report was published, Senator Bernie Sanders asked Haley to respond to statistics showing more than 30 million Americans lack health insurance and 40 million are living in poverty.

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Millionaires now control half of the world’s personal wealth

Bloomberg 

 

The rich are getting a lot richer and doing so a lot faster. 

 

Personal wealth around the globe reached $201.9 trillion last year, a 12 percent gain from 2016 and the strongest annual pace in the past five years, Boston Consulting Group said in a reportreleased Thursday. Booming equity markets swelled fortunes, and investors outside the U.S. got an exchange-rate bonus as most major currencies strengthened against the greenback. 

 

The growing ranks of millionaires and billionaires now hold almost half of global personal wealth, up from slightly less than 45 percent in 2012, according to the report. In North America, which had $86.1 trillion of total wealth, 42 percent of investable capital is held by people with more than $5 million in assets. Investable assets include equities, investment funds, cash and bonds. 

 

“The fact that the wealth held by millionaires as a percentage of total wealth is increasing does not mean that the poor are getting poorer,” Anna Zakrzewski, the report’s lead author, said in an emailed statement. “What it means is that everyone is getting richer. Specifically, we believe that the rich are getting richer faster.”

 

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Fifth of UK population now in poverty amid worst decline for children and pensioners in decades, major report reveals

The Independent

 

Britain’s record on tackling poverty has reached a turning point and is at risk of unravelling, following the first sustained rises in child and pensioner poverty for two decades, a major report has warned.

Nearly 400,000 more children and 300,000 more pensioners are now living in poverty than five years ago, during which time there have been continued increases in poverty across both age groups – prompting experts to warn that hard-fought progress towards tackling destitution is “in peril”. 

The report, by the independent Joseph Rowntree Foundation (JRF), shows that a total of 14 million people in the UK currently live in poverty – more than one in five of the population. While poverty levels fell in the years to 2011-12, changes to welfare policy – especially since the 2015 Budget – have seen the numbers creep up again.

UK to experience longest fall in living standards for over 60 years

The findings will fuel challenges currently facing Theresa May over failure to improve equality in the UK, after the entire board of her social mobility commission quit over the weekend at the lack of progress towards a “fairer Britain”.

Alan Milburn, the Government’s social mobility tsar, who has chaired the commission since 2012, announced on his resignation after months of “indecision, dysfunctionality and lack of leadership”, adding there was “little hope” of Ms May’s administration delivering a more equal society.

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UK child poverty hits highest level since 2008 financial crisis

The Independent

The number of child in poverty has risen by 100,000 over the past year, new Government figures reveal. 

The numbers, released a week after a Budget in which the issue was not mentioned once, show 30 per cent of children are now classed as being in relative poverty.

A total of four million children are now in families struggling to make ends meet, the worst figures since the financial crisis.

And the overall number of people in poverty in Britain has risen to 10.4 million, the highest level this decade.

The news comes amid Tory cuts to working-age benefits, which the Institute of Fiscal Studies (IFS) warns will affect millions more children by 2022. 

In 2015 the Government moved to scrap its legally binding child poverty target. It no longer officially recognises household income statistics as a measurement of child poverty.

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Visualizing The Worrying Decline Of Freedom Around The World

Zero Hedge

 

The 20th century was a bull market for literacy, freedom, prosperity, health, and technology.

As a result of these gains, wealth has increased exponentially, and world poverty is now at all-time lows. Life expectancy continues to improve in most countries, global literacy is near 90%, and there are well over 100 democracies throughout the planet.

But, as VisualCapitalist's Jeff Desjardins notes, not every positive trend can keep going forever. Sometimes things regress temporarily, only to be corrected later on. Other times things change more fundamentally – and that regression can be the beginning of a newer, long-term reality.

The Decline of Freedom: An 11-Year Trend

According to the Freedom in the World 2017 Report, which scores countries annually on various levels of freedom, there have been recent setbacks in political rights and civil liberties in a number of “Free” countries. These newest declines are partially the result of populist and nationalist forces making significant gains in democratic states.

But Freedom House, the international watchdog organization that produces the annual report, says that this is not an isolated occurrence. In fact, based on their data and methodology, freedom has actually declined on a global basis for the last 11 years.

Here are the aggregate gains and declines in freedom for each year – you can see that declines have been outweighing gains since 2006.

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How tragic-comic has your life been under .01% US rogue state empire? With intent for humanity’s breakthrough into freedom, here’s mine

Carl Herman
washingtonsblog.com

It could be worse; much, and that evokes my relative gratitude.

On the bright side, perhaps we’ll have the breakthrough into Truth and Love we all work for. I’m confident that none of my colleagues has any grasp on reality excluding this desirable outcome.

But with appropriate dismissal of false hope to predict beyond what we can see, by any objective measure, Earth’s environment for human self-expression of virtue is the inverse of what we’re told by “leaders.” Humans attempt to “live” under these tragic-comic conditions:

• The US isn’t a limited government under the best constitution constructed, but a devolved rogue state empire chief among “developed” and “former colonial” powers annually killing millions, harming billions, and looting trillions. I state this objective factual claim as a professional educator, and among colleagues with zero known evidence of anyone refuting this Emperor’s New Clothes reality.
• The US does not engage in endless wars to achieve peace or freedom. Ongoing lie-started and Orwellian-illegal Wars of Aggression require all US military and government to refuse all war orders because there are no lawful orders for obviously unlawful wars. Officers are required to arrest those who issue obviously unlawful orders. And again, those of us working for this area of justice are aware of zero attempts to refute this with, “War law states (a, b, c), so the wars are legal because (d, e, f).” All we receive is easy-to-reveal bullshit. These are Crimes Against Humanity for ongoing intentional policy of neocolonial war and poverty that’s killed over 400 million human beings just since 1995 (~75% children; more deaths than from all wars in Earth’s recorded history).
• Americans are debt-slaves: The top three benefits each of monetary reform and public banking total ~$1,000,000 for the average American household, and would be received nearly instantly. Please read that twice. Now look to verify for yourself.

I attempt to keep talking points to three, but there are ~100 such crucial conditions damning Earth’s inhabitants to suffering on this beautiful and dominated planet.
I present my life as a case study for human tragic-comedy with three points:

• Professional work.
• Civic activism to build a brighter future.
• Being “educated” under the empire.

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Starving Venezuelans Break Into Zoo And Eat Equally Starving Animals

Comment: The CIA coup wasn't successful the first time so they took a new approach. And this is what happens when those like Hugo Chavez buck the Western neo-liberal system. He was finally removed via cancer - probably induced - and replaced with a despotic incompetent. Once Chavez was out of the way they could begin breaking the country back it's slave status. From a more equitable and nourished nation Venezuela is now broken and back in the hands of the Anglo-American nation rapists. Tragic.


-----------------------------------

True Activist

We can't decide what's sadder, the fact that the people and zoo animals are starving, or that the people are now eating the animals.

A food shortage plaguing Venezuela right now has thrown citizens into a frenzy in search for sustenance and they have resorted to breaking into zoos to butcher and eat the animals.

Last week, groups of intruders broke into Caricuao Zoo in Caracas, Venezuela, pulled a rare black stallion from its cage, and slaughtered him there on the spot. They left behind only his head and ribs, which zookeepers found in the morning when they entered to care for the lone horse.

Earlier this month, Vietnamese pigs and sheep that called the zoo their home were stolen by citizens for food as well.

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The dramatic failure of globalisation

Graham Vanbergen 
True Publica

According to wikipedia, Globalisation is the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture. However, over the last ten years there has been a sea change decline in all the indicators that would measure the success of this model. Democracy, economic growth, freedom and the principles of an interchange of world views and culture has been all but abandoned to a vice like grip of globalisation driven by corporate principles of power and greed resulting in war, terrorism, a biblical refugee crisis, fear and a fully co-opted media.

The Economist has just published its annual index on democracy. They found that out of 167 countries, only twenty are “full democracies”. Less than 13 per cent of the world’s countries can now claim to be a democracy. Given that America has graciously forced so much democracy on the world, one could be forgiven for thinking all is not well.

In the meantime, Freedom House have published their annual Freedom Index that makes for just as sobering reading. It found that the number of countries showing a decline in freedom for the year, 72 to be precise, was the largest since the 10-year slide began. Over the past 10 years, 105 countries have seen a net decline. Think about that fact for a moment.

Unsurprisingly, ratings for the Middle East and North Africa region were the worst in the world during the course of 2015, followed closely by Eurasia.  It also found that over the last decade, the most significant global reversals have been in the rule of law.

Not to be outdone, the World Press Freedom Index published recently found that most of the movement in the world press was indicative of a climate of fear and tension combined with increasing control over newsrooms by governments and private-sector interests. The Index asserts that leaders across the world are now paranoid about journalists. And they don’t just mean the dictators and despots of countries many people have never heard of.

To make matters worse, the UNHCR Global Trends report finds 65.3 million people, or one person in 113, were displaced from their homes by conflict and persecution during last year alone. There are now more people displaced from their homes by force than there was from the last cataclysmic episode in human history that was the second world war.

The UNHCR report also finds that the wave of global displacements is now four times greater than it was just ten years ago.

In an environment or war and fear other distasteful acts of human depravity unfolds. The 2016 Global Slavery Index estimates that 45.8 million people are now subject to some form of modern slavery in the world today. This number is greater than at any time in history, let alone the last decade.

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Big Biotech’s big lie: National sciences group concludes GMOs do not increase crop production

Amy Goodrich
Natural News

Over the years, genetically modified crops have been a controversial topic of intense global debate. While proponents claim that GMOs are safe and needed to feed our burgeoning population, health and environmental groups are concerned about the lack of long-term testing on the impact of GMOs on the environment and human health.

Recently, the National Research Council, the research arm of the National Academy of Sciences (NAS), released a highly influential and comprehensive report, Genetically Engineered Crops: Experiences and Prospects, on the effects of genetically engineered crops.

A panel of experts spent two years producing a 400-page report, which is one of the most extensive reviews of genetically modified crops ever published. They pooled data from more than 1,000 existing studies on genetically modified crops. They interviewed 80 witnesses, and analyzed more than 700 comments submitted by the public.

The study committee concluded that genetically modified crops available to date are safe for human consumption and the environment. However, they note that the prevalence of herbicide-resistant crops has led to an increase in herbicide use and herbicide-resistant weeds.

Furthermore, they found that while GMOs may help farmers economically, they do not see the significant increase in yield promised by proponents that see GMOs as the best way to avoid world hunger.

The report comes at a critical time, as America and Europe are reassessing the place of GMOs in our food system. According to a Pew poll, more than half of Americans (57 percent) believe that GMOs are unsafe and should be labeled, while proponents say they don’t cause any harm and will help farmers meet the growing demand for food.

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A Crisis Unlike We Have Seen In Human History

Zero Hedge

Posted with permission and written by Rory Hall, The Daily Coin (CLICK FOR ORIGINAL)

I sat down with John Rubino of Dollar Collapse to discuss the current state of our economic world. In a very lively conversation, we hit some of the more pressing items of the day. John has done a fantastic job of documenting the demise of the dollar since he co-authored ”The Collapse of the Dollar” with James Turk back in 2004. John’s insights and analysis are top shelf and he should be on everyone’s list of people to follow.

How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something is very, very wrong? This year alone there have been several off-calendar meetings with, at least, one more now added to the docket.

The G-20 central planners have scheduled an “emergency” meeting for summer 2016. What will the topics be? Could it possibly be the fact the global economy is on the verge of total collapse? With the Baltic Dry Index, Shanghai Containerized Freight Index, not to mention commodities, all spiraling out of control to the downside, do you think there may be a reason for these people to be concerned? My guess is they could care less and are simply meeting in order to determine how the remaining wealth, in their respective countries, will be divided as the global economy continues grinding to a halt.

If one simply looks at the following line-items, it is clear for anyone to see something is about to hit the fan and it’s not anything anyone wants hitting the fan. 

• 45 million people in the U.S. on food stamps
• some estimates as high as 10 million refugees flooding into the European Union
•  non-stop wars of aggression involving NATO, Russia, Syria and several other countries
• financial crisis that began in 2008 has not been addressed and the problems that started that year have grown larger and far deeper
•  banking system in the European Union, especially Italy, is under enormous stress due to faulting/fraudulent accounting
•  Federal Reserve balance sheet at $4 TRILLION – U.S. debt at $20 TRILLION and counting
•  United Kingdom/Britain and the Brexit movement that is taking root
•  U.S. Presidential candidates, Donald Trump and Bernie Sanders, garnering global attention as the citizens of the U.S. seek alternatives to the current embedded criminal politicians.
• Japan instituting a Negative Interest Rate Policy (NIRP) for their sovereign bonds – Japan has basically been in a recession for over 20 years
•  China is manufacturer to the world and with economies slowing down or shutting down, there is no reason to manufacture products

These are just a few of the items that are currently hampering growth for individual citizens and individual Western nations. Currently, there are just too many holes that need to be filled and the central bankers are losing control and the people are losing faith in the narratives they are being fed. Once faith is lost, en masse, the show will become a lot more interesting and a lot more dangerous. 

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We're in the Eye of a Global Financial Hurricane

Charles Hugh Smith 

 

The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality.

 

The Keynesian gods have failed, and as a result we're in the eye of a global financial hurricane.

The Keynesian god of growth has failed.

The Keynesian god of borrowing from the future to fund today's consumption has failed.

The Keynesian god of monetary stimulus / financialization has failed.

Every major central bank and state worships these Keynesian idols:

1. Growth. (Never mind the cost or what kind of growth--all growth is good, even the financial equivalent of aggressive cancer).
2. Borrowing from the future to fund today's keg party, worthless college diploma, particle board bookcase, stock buy-back, etc. (oops, I mean "investment")--a.k.a.deficit spending which is a polite way of saying this unsavory truth: stealing from our children and grandchildren to fund our lifestyles today.
3. Monetary stimulus / financialization. If private investment sags (because there are few attractive investments at today's nosebleed valuations and few attractive investments in a global economy burdened with massive over-production and over-capacity), drop interest rates to zero (or below zero) to "stimulate" new borrowing... for whatever: global carry trades, bat guano derivatives, etc.

Here is my definition of Financialization:

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Obama: Worst President In U.S. History?

Zero Hedge
Via Washington's Blog

Bush was a horrible president. At the time, I thought he was the worst president in American history.

But Obama has made a lot of firsts himself …

For example, Obama:

• Has prosecuted more whistleblowers than all other presidents combined

• Sentenced whistleblowers to 31 times the jail time of all prior u.s. presidents combined

• Prosecuted fewer financial crimes than President Reagan, Clinton or either of the Bush presidents.   (As bad as the Bush administration was, they at least prosecuted the heads of Enron, Worldcom and some other white collar crooks. In contrast, Obama hasn’t prosecuted even one high-level Wall Street executive.)

• Is the most secretive president ever

• Is more hostile to the press than any president in history

• Claims the power to strip Americans' liberty in a way that no other president has ever tried to claim ... and that even King George of England didn’t claim. Indeed, Obama has rolled back some of our liberties to the time of the enactment of the Magna Carta in 1215

• Has turned America into the most spied upon nation in world history (and see this and this)

• Has arguably centralized power more than any other president

• Has granted less pardons than any president since Garfield, who served only 200 days as president before being assassinated in 1881

• May be the only U.S. president in history who failed to deliver a single year of at least 3% economic growth (when adjusted for inflation)

In addition, Obama has presided over:

• The greatest inequality of any president

• The first time in its history that America is viewed as the world's greatest threat by the people of the world

• One of the largest net changes in debt in American history

• Perhaps the most corrupt government ever in the U.S.

And as the New York Times notes this week, Obama has been at war longer than any president in history.

Worst ... president ... ever.

Richest 1% to own more than half world's wealth by 2016 - Oxfam

RT

As global movers and shakers head to the World Economic Forum in Davos, Switzerland, Oxfam is warning that an increasing wealth disparity is “leaving ordinary people voiceless and their interests uncared for.”

The collective wealth of the world’s richest 1 percent will exceed that of the other 99 percent of the global population next year, unless steps are taken to address the inequality, Oxfam warned ahead of the annual Davos meeting.

Oxfam, an anti-poverty charity, released a report titled, “Wealth: Having It All and Wanting More,” which reveals that the richest 1 percent, who had an average wealth of $2.7 million per adult in 2014, have seen their share of global wealth soar yet further, increasing from 44 percent in 2009 to 48 percent in 2014. 

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Millions of Britons facing malnutrition and relying on food banks

The Independent

Millions of the poorest people in Britain are struggling to get enough food to maintain their body weight, according to official figures published this month.

The Government's Family Food report reveals that the poorest 10 per cent of the population - some 6.4 million people - ate an average of 1,997 calories a day last year, compared with the average guideline figure of about 2,080 calories. This data covers all age groups.

One expert said the figures were a "powerful marker" that there is a problem with food poverty in Britain and it was clear there were "substantial numbers of people who are going hungry and eating a pretty miserable diet".

The use of food banks in the UK has surged in recent years. The Trussell Trust, a charity which runs more than 400 food banks, said it had given three days worth of food, and support, to more than 492,600 people between April and September this year, up 38 per cent on the same period in 2013.

Based on an annual survey of 6,000 UK households, the Family Food report said the population as a whole was consuming 5 per cent more calories than required. Tables of figures attached to the report reveal the average calorie consumption for the poorest 10 per cent, but the report itself did not highlight this.

Chris Goodall, an award-winning author who writes about energy, discovered the figures while investigating human use of food resources. "The data absolutely shocked me. What it shows is for the first time since the Second World War, if you are poor you cannot afford to eat sufficient calories," he said.

He also highlights a widening consumption gap between rich and poor. In 2012, there was little difference, with the richest 10th consuming a total of 2,420 calories daily, about 4 per cent more than the poorest. But in 2013, the richest group consumed 2,294 calories, about 15 per cent more than the poorest.

The report, published by the Department for Environment, Food & Rural Affairs, also found that the poorest people spent 22 per cent more on food in 2013 than in 2007 but received 6.7 per cent less.  

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Burger-flipping robot could ‘completely obviate’ the need for human employees

Raw Story

A robot that can make 360 burgers an hour could put many fast-food workers out of a job – exactly as its designers intended.

Silicon Valley-based Momentum Machines developed the device, which is more like an assembly line than a humanoid robot, reported Singularity Hub.

“Our device isn’t meant to make employees more efficient,” said Momentum co-founder Alexandros Vardakostas. “It’s meant to completely obviate them.”

The company says the burger-flipping robot could take the place of two or three line cooks and save restaurant owners about $90,000 a year in salary and benefits.

The robots also reduce liability, management duties, and the space needed to prepare food, the website reported.

Some restaurant owners could use those savings to improve the quality of ingredients – basically offering gourmet burgers at fast-food prices – but others could offer the same quality food at lower prices.

Many currently employed fast-food workers live below the poverty line despite working minimum-wage jobs, and the robot’s designers say they’ve got plans to help millions of low-skill workers find other jobs if they’re displaced by automation.

“We want to help the people who may transition to a new job as a result of our technology the best way we know how: education,” Momentum says on its website.

The company says it will team up with vocational schools to offer discounted technical training for workers displaced by the robots. 

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