"New technologies have boosted employment in East Asia and Pacific countries, with productivity and scale gains outweighing automation’s labor-displacing effects. However, the benefits have been uneven, favoring skilled workers while some less-skilled workers, in more routine and manual jobs, have been pushed into the informal sector. Looking ahead, digitization will enhance the tradability of services, and artificial intelligence (AI) will transform production processes. EAP countries can benefit by equipping workers with the necessary skills and opening the services sectors to trade and investment."
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Source: World Bank Group
Image: World Bank Group