Impact of Automation puts 85% of jobs in developing nations at risk

Kurzwei – A new report [PDF] from the Oxford Martin School and Citi considers the risks of job automation to developing countries, estimated to range from 55% in Uzbekistan to 85% in Ethiopia — a substantial share in major emerging economies, including China and India (77% and 69% respectively).

The impact of automation may be more disruptive for developing countries, due to lower levels of consumer demand and limited social safety nets. With automation and developments in 3D printing likely to drive companies to move manufacturing closer to home, developing countries risk “premature de-industrialisation.”

Digital industries have not created many new jobs. Since 2000, just 0.5% of the US workforce has shifted into new technology industries, most of which are directly associated with digital technologies.

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jay

Jay is Editor In Chief of The Agonist, veteran and technologist.

2 CommentsLeave a comment

  • If automation put 85% of jobs at risk, than it puts between 70% and 90% of revenue at risk.

    Who spend most of their income? The bottom 90%. The top 1% survive on taking rent from the bottom 90%.

  • Well on reflection, one could make a case for the state to own the means of production, which could enable humans to reach an interesting potential.

    Yes that would be socialism, or even communism.

    There are question to be asked and answered about energy and materials (both recycled and raw). Such automation could perform a very efficient job of recycling.

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