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Friday, January 29, 2016

Impact of Robots In The Factory On The Developing World

Is the Outlook for Developing Nations Darkened by a Robot Future? (+Video)

Automation could be bad news for countries banking on factory jobs.

Jana Randow | January 28, 2016

Computers might be coming for lower-skilled jobs — and that spells trouble for the growth outlook in developing nations. 
The share of jobs that could be automated in developing countries ranges from 55 percent in Uzbekistan to 85 percent in Ethiopia. The poorer countries have a higher potential for technology upgrades and adoption than most advanced economies, based on World Bank research that features in a new study from Citi and the Oxford Martin School.  

<more at; related links: (Goodbye, Golden Age of Growth. January 26, 2016) and (Technology at Work v2.0. The Future Is Not What It Used to Be. January 2016)>

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