Intervene to check growing inequality

Intervene to check growing inequality

A recent ILO (International Labour Organisation) report on the links between technology, especially automation and artificial intelligence (AI), and income inequality has raised questions that need answers from governments and societies. The World Employment and Social Outlook September 2024 report has taken note of the increasing pressure on income equality caused by the decline or stagnation of labour income, and also the lack of access to employment, education and training for a large number of young people. The study shows that the global labour income share, which is the portion of total income earned by workers, fell by 0.6 […]

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