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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