Tech to cost SE Asia millions of jobs, doom ‘factory model,’ warns WEF

Automation will soon make millions of low-skilled jobs – from cashiers and machine operators to waiters and drivers – redundant across Southeast Asia, experts said Wednesday, warning the region to upskill fast or face huge employment problems. The topic was centre stage at the World Economic Forum (WEF) in Hanoi, where warnings abounded that countries including Vietnam, Indonesia and Thailand where manufacturing has driven GDP and employed millions would be among the worst affected. In stark comments, Vietnam’s Prime Minister Nguyen Xuan Phuc told the forum technology could spell doom for the "Asian factory model" of growth that has […]

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