|Charissa Echavez |||Oct 06, 2016 11:00 AM EDT|
(Photo : Getty Images) Judges and officials meet to decide how to proceed after Team Tartan Rescue's CHIMP (CMU Highly Intelligent Mobile Platform) robot crashed its vehicle during the driving task of the Defense Advanced Research Projects Agency (DARPA) Robotics Challenge at the Fairplex June 6, 2015 in Pomona, California.
Automation is threatening 77 percent of the jobs in China and 69 percent in India, according to a research by World Bank, saying technology could pose a threat on these two major powers.
"As we continue to encourage more investment in infrastructure to promote growth, we also have to think about the kinds of infrastructure that countries will need in the economy of the future," Jim Kim, president of World Bank, said. "We all know that technology has and will continue to fundamentally reshape the world."
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World Bank also revealed that the proportion of jobs threatened by automation in Ethiopia could reach to as high as 85 percent. Even Africa has no escape from technology, the Business Insider reported.
"If this is true, we need to understand the paths to economic growth that will be available for these countries and then adapt our approach to infrastructure accordingly," Kim said.
He said mechanization and technology have "fundamentally" disrupted traditional industrial production as well as dispatched manual jobs that have been carried out by generations. What's more, the trend is not only affecting the United States, but it is happening across the world, the Indian Express noted.
Such situation entails a paradigm shift, Kim said, emphasizing that upgrading and investing should not only be done on hard infrastructure, like airports and energy, but also on soft infrastructure, such as education and skills, to empower people.
"It is hard to overstate the urgency of making more and more effective investment in people. I believe it will determine the very future of nations. This is especially true in considering the importance of investing in the early years," he said.
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