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Automation to threaten 69% jobs in India : World Bank

Automation threatens 69 per cent of the jobs in India, while 77 per cent in China, according to a World Bank research which has said that technology could fundamentally disrupt the pattern of traditional economic path in developing countries.
●    “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. We all know that technology has and will continue to fundamentally reshape the world,” World Bank president Jim Kim said.
●    World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 per cent, in China it is 77 per cent and in Ethiopia, the percentage of jobs threatened by automation is 85 per cent.
●    The World Bank is an international financial institution that provides loan to developing countries for capital programs. 
●    It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). 
●    The World Bank is a component of the World Bank Group, which is part of the United Nations system.

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