One major area of concern for the World Bank is the impact the technological shifts will have on developing countries in Africa and elsewhere hoping to catch up to more advanced peers.
In the past, these regions could rely on growing their economies by taking advantage of low wages in their own country and opening up to foreign trade. But salaries are less relevant if machines replace more people, which could hinder the countries’ efforts to catch up, Koujianou Goldberg said.
This article provided by Bloomberg News.