“Traditional path to economic growth may close to all but a handful of developing countries.”

World Bank chief warns that automation will bring violence, conflict, extremism


Wed, Mar 7th, 2018 11:00 by capnasty NEWS

According to the New Statesman, the president of the World Bank Jim Yong Kim warns that with the advent of automation, only a "handful of developing countries" will continue to experience economic growth — the rest will experience “fragility, conflict, violence, extremism and eventually migration.” Automation is already being trialled for farming and California now allows testing of self-driving vehicles without a driver.

“If everyone’s aspiration are going up and technology is replacing cheap labour in developing countries, we’re going to have to answer some very difficult questions,” said Kim. “What on earth are people going to do? How will they support their families? How will they spend their time and even will they be more likely to be recruited by online extremist groups?”



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