8 years ago
Robots will make it even harder for poor countries to get rich
Robots are usually discussed as a threat to jobs in developed countries, but they could have an even more destructive effect on the developing world. A recent article in The Financial Times describes how automation could destroy one of the tried-and-tested routes of economic growth, in which a country’s labor force moves from farms to factories, creating cheap goods for export. We rightly think of factory work as dangerous, monotonous, and exploitative, but that doesn’t meant...
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