What does automation mean for Asia’s job prospects?

What does automation mean for Asia’s job prospects?

This article was originally published by Devex and is republished with permission.

MANILA — Almost every industry talks about the potential of automation to boost productivity and cut down on production costs. But the new technologies spurring these incentives, such as robotics, are also posing threats — not just for unemployment, but also in widening the gap in worker opportunities and income inequality. Click here to see a larger version of the chart. Developing Asia’s industry and services sectors have generated about 30 million jobs annually over the past 25 years, according to the Asian Development Bank’s flagship report, […]

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