Technology May Cost Millions of Jobs in South East Asia, Experts Warn

Technology May Cost Millions of Jobs in South East Asia, Experts Warn

JABER ALSABAH WRITES — At the 2018 World Economic Forum in Hanoi from September 11 to 13, experts warned that technological advancements such as automation could result in employment losses for roughly 6.6 million workers.

Automation is the use of machines and technology to make processes run without manpower. For example, automobile assembly lines would require fewer people to build cars.

This prediction is of particular relevance to countries such as Vietnam, Indonesia and Thailand, where manufacturing relies heavily on millions of flesh and blood workers. According to Phu Huynh of the International Labor Organization, workers most affected by automation would […]

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