Robotics, ai and 3d printing could close uk's productivity gap
Juergen Maier, the chief executive of Siemens UK, believes new technologies including robotics, artificial intelligence and additive manufacturing, or 3D printing, can deliver greater productivity and create more highly paid jobs.
But failing to crack the next revolution will come at a high price: falling living standards. The work being done in Worcester, and places like it, will be crucial if Britain is to be successful outside the EU, Maier says. The starting gun has been fired in this global race and Britain needs to get ahead.
“The beauty of it is, if we get this right, it doesn’t just drive productivity, but it also means that you’re driving jobs up the value chain, which means that people are getting better paid, so ultimately you raise living standards,” the 53-year-old says from the factory floor of Materials Solutions, which is 85% owned by Siemens and boasts big-name clients such as Rolls-Royce.