Automation alert

News Today 26.11.2021

Accelerating digital technology and the consequent automation of the means of production and delivery of services puts some jobs at greater risk than others.Globally, there are questions about who is most likely to lose jobs due to automation. This is as true of the world’s most developed nation, the USA, as it is for large, labour-intensive developing economies including India and China, and for countries at the bottom rung of the automation ladder given the interconnectedness of the world economy.The Covid-19 pandemic has served to hasten automation of many tasks across industries but research on automation has thus far been focussed mainly on the presence of digitalisation, automation potential estimates, the relationship between technological change and macroeconomic conditions, and tech’s impact on inequality and wage divergence. (Read More)

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