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 […]
Seventeen years ago an Indian man from New Delhi mesmerized the technology departments of global corporations with a doomsday story many times more puffed up than the luxuriant crop of hair he sported. The latter was a wig, and the former was just bad science fiction packaged by consultants as a $600 billion hair-raiser. But […]
MUMBAI: A cashless economy + is possible only when a country has high internet speeds and high cyber security. Though India is going through demonetisation + , a major aim of which is to promote digital transactions, the country figures poorly in the global cyber stakes. The country is 96th in terms of download speed […]
Japan and Korea were at the top of the world in the ’80s and ’90s, rising from war-ravaged economies to the ranks of the “developed” nations. Their companies became global powerhouses, and corporate executives became confident and assertive. And then they were humbled by economic stagnation. I have found the CEOs of Japanese and Korean […]
