A World Bank research has said, automation threatens 69 per cent of jobs in India, while 77 per cent in China. It said, technology could fundamentally disrupt the pattern of traditional economic path in developing countries.
World Bank President Jim Yong Kim said, as the Bank continues to encourage more investment in infrastructure to promote growth, there is also need to think about the kinds of infrastructure that countries will need in the
economy of the future.
Mr Kim in response to a question at the Brookings Institute also said that in Ethiopia, the percentage of jobs threatened by automation is 85 per cent. He said, mechanisation and technology have disrupted traditional industrial production, upended manual jobs and call time on the work that has been done by generations of families. He said the trend is not isolated to the US, in fact, it is affecting people everywhere.