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. And yet, emerging economies face a contemporary challenge to traditional pathways to employment generation: automation …—are estimated to be susceptible to automation from today's technological standpoint. Cumulative advances in industrial automation … literature on automation; and in doing so (ii) discuss definitions and determinants of automation in the context of theories of …
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Globalization and robotics (globotics) are transforming the world economy at an explosive pace since they are driven by digital technology that is advancing in phenomenal increments. This paper - which should be considered a 'thought piece' - argues that the globotics transformation is likely to...
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This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
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