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"By way of introduction, we turn to Vivek Wadhwa over at Forbes last month. The technology entrepreneur explained eloquently why China stands to lose so much more than anyone else if automation keeps advancing. Indeed, forget about real estate bubbles and mis-allocated capital, the rise of automation could be the greatest Chinese black swan of all."

Canon Inc. is moving toward fully automating digital camera production in an effort to cut costs - a key change being played out across Japan, a world leader in robotics.