Automation and jobs

Impact of automation puts up to 85% of jobs in developing countries at risk

A new report from the Oxford Martin School and Citi considers the risks of job automation to developing countries, estimated to range from 55% in Uzbekistan to 85% in Ethiopia — a substantial share in major emerging economies, including China and India (77% and 69% respectively).

I strongly suspect that they vastly underestimate the potential for job loss, and their numbers are scary enough already.

Surely at some point it has to start to become obvious to some others that the assumption sets underlying market based capitalism no longer fit the reality.

Change is required.

I strongly favour completely decentralised networks, of self selected trust groups, all working from a value set that places sapient life number one, and the liberty of such individuals number 2.

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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