#Automation & Jobs
The bank in its report said that while the technology is indeed eliminating many low-skilled jobs in advanced economies and developing economies, it is also creating opportunities for more creative and productive jobs. Automation is taking up the jobs is turning out to be a myth; senior industry leaders also suggest that technology and automation are complimenting the manual jobs. Chief Economist of the World Bank said , ‘The rise of automation has so far had a negligible impact on jobs at a global scale.’
“This fear that robots have eliminated jobs — this fear is not […]
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