Mexico , among a few other countries, did not experience real wage growth associated with increased use of robots (automation), highlights a report released by the World Bank .
Above all, automation in Mexico has been associated with a fall in unit labor costs and a faster decline in activities that rely relatively more heavily on robotic automation than in industries with low robot density.
As a result, the report indicates that the automation phenomenon has mostly rewarded capital and contributed to the downward trend in the labor income share in the country.Moreover, real wages in the highly automated automotive sector […]
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