Is your job at risk of being taken over by robots? As technology transforms Asia and the Pacific, what will the future of work be? In the Asian Development Outlook 2018, we explore what can be done to adapt to the fourth industrial revolution to ensure that jobs will not be displaced in a rapidly evolving work environment.
New technologies drive higher productivity, the foundation for better-paid jobs and economic growth. While new technologies displace jobs, they also unleash countervailing forces that generate more jobs. As some workers may be left behind, governments in developing Asia should respond to this challenge by ensuring that workers are protected from the downside of new technologies and prepared to harness the new opportunities they provide. This will require coordinated action on skills development, labor regulation, social protection, and income redistribution.
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