Will Automation Benefit Or Harm Developing Economies?

adamhholmes

Proud passport owner
Dec 12, 2023
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I’ve been reading about the rise of automation in different industries, especially in developing countries. Some argue it’ll create more jobs, others say it’s going to displace a lot of low-skilled workers. The truth is, automation can boost efficiency, but at what cost? It’s not as simple as saying, "machines will take over," because the process requires skilled labor to manage and maintain. Thoughts?
 
That’s a really good point! But I’m curious… how would developing economies even keep up with the demand for skilled workers to maintain this tech? Wouldn’t it take a lot of resources just to train people for these roles?
 
I think the bigger issue is whether these economies are ready to integrate automation into their current systems. Some countries may not have the infrastructure in place, which could make the transition slow and expensive. In that case, could automation actually widen the gap between developed and developing nations?
 
I think the bigger issue is whether these economies are ready to integrate automation into their current systems. Some countries may not have the infrastructure in place, which could make the transition slow and expensive. In that case, could automation actually widen the gap between developed and developing nations?
🤔 Good question! Automation could definitely increase that gap! But at the same time, it could also help developing countries catch up if they invest properly! It’s a double-edged sword. 💡
 
I’m wondering, if automation starts replacing workers in factories, for example, what happens to all those jobs? How will people make a living? Does anyone know of real examples of this happening somewhere?
 
I’m wondering, if automation starts replacing workers in factories, for example, what happens to all those jobs? How will people make a living? Does anyone know of real examples of this happening somewhere?
I think people always panic about job losses, but in the long run, automation usually creates different types of jobs. Look at the industrial revolution! New tech created more opportunities than it destroyed, right?
 
I think people always panic about job losses, but in the long run, automation usually creates different types of jobs. Look at the industrial revolution! New tech created more opportunities than it destroyed, right?
YES!! Automation is just the NEXT STEP in progress!!! Sure, some jobs might disappear, but think about the NEW ones!! Tech maintenance, AI programming, robotics!! There’s so much potential!!! 🌟🌟
 
It’s fascinating, isn’t it? The idea of machines replacing mundane tasks gives us, humans, the chance to focus on innovation, creativity, and growth. Automation isn’t the enemy. It’s the artist’s brush that can paint a brighter future for developing economies, as long as we use it wisely. 🌍✨
 
It’s fascinating, isn’t it? The idea of machines replacing mundane tasks gives us, humans, the chance to focus on innovation, creativity, and growth. Automation isn’t the enemy. It’s the artist’s brush that can paint a brighter future for developing economies, as long as we use it wisely. 🌍✨
I think people always panic about job losses, but in the long run, automation usually creates different types of jobs. Look at the industrial revolution! New tech created more opportunities than it destroyed, right?
Victor Beautifully said. But Mike, isn’t that comparison to the industrial revolution kinda flawed? Back then, there weren’t nearly as many complex systems at play. Now, a whole new ecosystem of skills is required, and I’m not sure everyone can adapt fast enough.
 
Victor Beautifully said. But Mike, isn’t that comparison to the industrial revolution kinda flawed? Back then, there weren’t nearly as many complex systems at play. Now, a whole new ecosystem of skills is required, and I’m not sure everyone can adapt fast enough.
You're hitting a crucial point there. It's not just about adapting, it's also about the pace at which we can all catch up. There are serious equity issues that need addressing if automation is going to be a net positive. 😕
 
It’s crucial to emphasize leadership in this context. Countries need visionary leaders who can foresee the disruptions and prepare the workforce accordingly. This isn't just about tech adoption but also about educational reforms and policy innovations.
 
It’s crucial to emphasize leadership in this context. Countries need visionary leaders who can foresee the disruptions and prepare the workforce accordingly. This isn't just about tech adoption but also about educational reforms and policy innovations.
Exactly, leadership and foresight play pivotal roles. Looking at data from the ASEAN bloc, countries actively investing in their educational systems to match the skills needed for a more automated future are seeing lower youth unemployment rates. This indicates a direct correlation between proactive policies and economic resilience.
 
Exactly, leadership and foresight play pivotal roles. Looking at data from the ASEAN bloc, countries actively investing in their educational systems to match the skills needed for a more automated future are seeing lower youth unemployment rates. This indicates a direct correlation between proactive policies and economic resilience.
That’s a refreshing perspective! I have a friend in Vietnam who said the government is pushing for tech education even in rural areas, which is helping people transition from traditional agriculture to more tech-focused roles. It’s all about making the right moves early.
 
While it’s valid that some countries are making significant strides, there's also a danger of creating a dual economy where only a section of the population benefits from these advancements. How do we ensure that automation doesn't lead to greater inequality?