Low skilled workers to face disadvantage as robotics, AI take over: ADB

NEW DELHI: As newer technologies like robotics and artificial intelligence (AI) take over, workers need to upskill or face the risk of lower wages and unemployment, ADB warned today. ADB's'Asian Development Outlook, 2018' has called for government action on skill development coupled with steps in labour regulation, social protection and income redistribution. It said jobs which require repetitive, routine tasks and workers who do not have the education or training to move easily to other occupation, may face slow growth in wages. "New technologies alter the skills required of the workforce and may cause unemployment as some firms downsize or close. They make the less-skilled more likely to experience lower wage growth, exacerbating income inequality," it said.