Technology could fundamentally disrupt the pattern of traditional economic path
in developing countries'. Automation threatens 69 per cent of the jobs in India, while 77
per cent in China, according to a World Bank research which has said that 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 Kim said, "But the traditional economic path from
increasing productivity of agriculture to light manufacturing and then to full-scale
industrialization may not be possible for all developing countries" Mr. Kim said in
response to a question at the Brookings Institute during a discussion on extreme poverty
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 per cent, in China it is 77 per cent and in
Ethiopia, the percentage of jobs threatened by automation is 85 per cent, he said, "Now,
if this is true, and if these countries are going to lose these many jobs, we then have to
understand what paths to economic growth will be available for these countries and then
adapt our approach to infrastructure accordingly." Mr. Kim said. Automation is not just a
threat for India, it is so all over the world. Unless the educated youth are trained in
utilizing the land and animal residues (waste) for creating more roads.
saving score / loading statistics ...