Innovation

Automation threatens 69% jobs in India: WB

WASHINGTON: Automation threatens 69% of the jobs in India and 77% in China, according to a World Bank research, which says technology could “fundamentally disrupt” the pattern of traditional economic path in developing countries.

“As we continue to encourage more investment in infrastructure to promote growth, we also have to think about the kinds of infrastructure that countries will need in the economy of the future. We all know that technology has and will continue to fundamentally reshape the world,” World Bank president Jim Yong Kim said.

“But the traditional economic path from increasing productivity of agriculture to light manufacturing and then to full-scale industrial is at ion may not be possible for all developing countries ,” Kim said in response to a question at the Brookings Institute during a discussion on extreme poverty on Tuesday.

“In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69%, in China it is 77% and in Ethiopia, the percentage of jobs threatened by automation is 85%,” he said.

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