Artificial Intelligence threatens to devastate jobs in developing world
In the China model, a nation leverages its large population and low costs to build a base of blue-collar manufacturing. It then steadily works its way up the value chain by producing better and more technology-intensive goods. In the India model, a country combines a large English-speaking population with low costs to become a hub for outsourcing of low-end, white-collar jobs in fields such as business-process outsourcing and software testing. If successful, these relatively low-skilled jobs can be slowly upgraded to more advanced white-collar industries. Both models are based on a country's cost advantages in the performance of repetitive, non-social and largely uncreative work -- whether manual labor in factories or cognitive labor in call centers.
Sep-18-2018, 14:52:04 GMT
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