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Article

3 Jun 2018

Author:
Chris Middleton, Internet of Business

ADB reports that automation creates more jobs in Asia than lost, but routine & manual workers are most vulnerable to job loss

"Robots & AI creating more jobs in Asia than they destroy," 01 June 2018

Robots and automation are creating more jobs in Asia than they destroy, according to a new report from the Asia Development Bank (ADB).

ADB analysis of a dozen Asian economies between 2005 and 2015 found that rising demand more than compensated for jobs lost to automation. The adoption of robotics and other connected systems stimulated higher productivity and economic growth, creating 134 million new jobs, compared with the 101 million lost to new technologies.

New types of jobs have emerged to handle new technologies,” explains the report. “A detailed analysis of occupation titles in India, Malaysia, and the Philippines found that 43–57 percent of new job titles that have emerged in the past 10 years are in ICT.

...[A]utomation will hurt workers in routine and manual jobs...

...skills, not unemployment in simple terms, will be the real battleground. And not only in Asia: governments throughout the world need to pursue education reform and promote lifelong learning in order to give human beings the best chance against the machines.