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Two men view the Winbot, a window cleaning robot from Ecovacs, at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada January 8, 2014.
Two men view the Winbot, a window cleaning robot from Ecovacs, at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada January 8, 2014.
(Robert Galbraith/Reuters)

The robots are coming, but productivity is still slumping

The global gravy train has stalled, derailed by a productivity crisis. If you had hoped that green shoots in the U.S. and Europe would quickly generate sufficient demand to create a virtuous circle of wealth generation and rising prosperity, think again. An analysis of global productivity by the Conference Board suggests that the world is becoming less efficient at producing goods and services.