Close X
Tuesday, November 5, 2024
ADVT 
Interesting

Beware! You May Soon Lose Your Job To Robots

IANS, 08 Oct, 2016 04:46 PM
    Automation threatens 69% of jobs in India, 77% in China, according to a World Bank research which says that technology could fundamentally disrupt the pattern of traditional economic paths in developing countries.
     
    "As we continue to encourage more investment in infrastructure to promote growth, we also have to think about the kinds of infrastructure that countries will need in the economy of the future. We all know that technology has and will continue to fundamentally reshape the world," World Bank President Jim Yong Kim said.
     
    "But the traditional economic path from increasing productivity of agriculture to light manufacturing and then to full-scale industrialisation may not be possible for all developing countries," Kim said in response to a question at the Brookings Institute during a discussion on extreme poverty yesterday.
     
    "In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69%, in China it is 77% and in Ethiopia, the percentage of jobs threatened by automation is 85%," he said.
     
     
    "Now, if this is true, and if these countries are going to lose these many jobs, we then have to understand what paths to economic growth will be available for these countries and then adapt our approach to infrastructure accordingly," Kim said.
     
    He said one child policy could have been reason of sharp decline in child stunting and malnutrition, which is now at 10%.
     
    "The one child policy could have been part of it, but anyway the point is, that if you look at educational outcomes and things like child stunting, India is at 38.7% child stunting, they are literally walking into the future with 40% of their workforce probably being unable to compete in the global digital economy, whereas China over the years has brought it down very, very low," Kim said.
     
    "In India, it is probably partly because of sanitation that children are often in a just constant diarrheal stage, because of open defecation. There is a lot of different pieces of it. But I have been saying to the leaders of these countries that have these high stunting rates, there is like an emergency for you, you have got to tackle it," Kim said

    MORE Interesting ARTICLES

    Royal Visit Makes Whitehorse Inn 'World's Most-popular Three-Star Hotel'

    Royal Visit Makes Whitehorse Inn 'World's Most-popular Three-Star Hotel'
    WHITEHORSE — A hotel in Yukon's capital is talking itself up as the "world's most popular three star hotel" after hosting the Duke and Duchess of Cambridge and getting worldwide attention.

    Royal Visit Makes Whitehorse Inn 'World's Most-popular Three-Star Hotel'

    Mother Sues Airline For Flying 5-year-old Son To Wrong City

    Mother Sues Airline For Flying 5-year-old Son To Wrong City
    Maribel Martinez filled a lawsuit Friday over the Aug. 17 mix-up involving her son, Andy.

    Mother Sues Airline For Flying 5-year-old Son To Wrong City

    US Internet Users Avid Readers Of Books On Mahatma Gandhi

    US Internet Users Avid Readers Of Books On Mahatma Gandhi
    Internet users in the United States at the second spot on the list of readers of books and writings on Mahatma Gandhi, even though he never visited America in his lifetime, showed a analytics report of a prominent website on the Father of the Nation.

    US Internet Users Avid Readers Of Books On Mahatma Gandhi

    World's Longest, Highest Glass Bridge In China Reopens

    World's Longest, Highest Glass Bridge In China Reopens
    The world's longest and highest glass bridge in China's Hunan province has been reopened for the public.

    World's Longest, Highest Glass Bridge In China Reopens

    Jacob Hall, 6-Year-Old US School Shooting Victim Dead

    Jacob Hall, 6-Year-Old US School Shooting Victim Dead
      Citing Anderson County Coroner Greg Shore, Greenville Online reported that Hall died on Saturday afternoon and an autopsy is scheduled in Anderson on Sunday.

    Jacob Hall, 6-Year-Old US School Shooting Victim Dead

    He Popped The Question, She Fainted. Wedding Proposal Goes Viral

    He Popped The Question, She Fainted. Wedding Proposal Goes Viral
    The video, all of seven seconds long, shows the exact moment a man popped the question to his girlfriend, and she... wait for it... fainted at that precise moment.

    He Popped The Question, She Fainted. Wedding Proposal Goes Viral