Implications of industrial robots in emerging economies

Most of the blogs and articles about automation and robots reflect on how this will affect fully industrialised countries, with a strong manufacturing base.  But the majority of countries are not like this.   This article on the World Economic Forum website by Lorenzo Fioramonti considers the effect of automation in developing countries.  He proposes that rather than copy the industrialised countries, it is imperative that they adopt a different economic model – the so-called ‘wellbeing economy’.

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