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Supply chain leaders have defended their adoption of new technologies following the World Economic Forum (WEF) conclusion that rapid technological development was driving income inequality, with employees being lost to machines.

Following yesterday’s publication of the WEF’s Global Risks Report 2017, Margareta Hanouz, head of global competitiveness and risks, said income inequality was the number-one risk facing a polarising world in 2017.

Ms Hanouz there were concerns over the recent evolution in technology and its ungoverned implementation, which was responsible for 86% of job losses ...

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