Over two thirds of jobs in the developing world to be automated, UN report says

Low wage labour in developing countries who have not had a chance to develop higher value jobs or industry will be hardest hit by automation. The percentage of job loss is closer to 70% vs the 40-50% average seen in developed countries.

At the same time it is easier to fund something like a basic income given lower costs of living and greater purchasing power. It will be the cheapest, but also the most imperative action to focus on accelerating the developing world’s productivity and skill levels before they literally and figuratively work themselves into death and starvation

See the United Nations report here

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