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GE's Jeff Immelt: Robots won't kill human jobs

General Electric is going all in on futuristic manufacturing, having ditched businesses like finance and network television to focus on building stuff like jet engines and gas turbines. Here's what CEO Jeff Immelt thinks about automation and the future of work:

He thinks fears of robot-driven joblessness are overblown, even as he invests billions in automation: "This notion of the war of the robots happening in the short term, that's more of a Silicon Valley vision than the real world."