Domain: worldbank.org
Stories and comments across the archive that link to worldbank.org.
Stories · 10
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Robots Are Taking Some Jobs, But Not All: World Bank (mercurynews.com)
Some Amazon stores have no cashiers, and Waymo is testing self-driving taxis. Are robots taking our jobs? It depends on what you do and where you do it, according to a new report by the World Bank released this week. From a report: "Advanced economies have shed industrial jobs, but the rise of the industrial sector in East Asia has more than compensated for this loss," said the report, titled "The Changing Nature of Work." That may seem like good news in a broad sense, but not to the people whose jobs are disappearing. Technological advances and automation are making the rich richer and the poor poorer.
"Workers in some sectors benefit handsomely from technological progress, whereas those in others are displaced and have to retool to survive," the report said. "Platform technologies create huge wealth but place it in the hands of only a few people." The World Bank recommends a new social contract that includes investment in education and retraining. Would that help American workers? "Policy-makers in Washington may have talked about the need to better prepare lower-skilled workers for the future transition, but little has been done," Robert Atkinson, president of the Information Technology and Innovation Foundation, a Washington-based think tank, said Thursday. -
Almost 100 Million People a Year 'Forced To Choose Between Food and Healthcare' (theguardian.com)
Almost 100 million people are pushed into extreme poverty each year because of debts accrued through healthcare expenses. From a report: A report, published by the World Health Organization and the World Bank this week, found the poorest and most vulnerable people are routinely forced to choose between healthcare and other necessities for their household, including food and education, subsisting on $1.90 a day. Researchers found that more than 122 million people around the world are forced to live on $3.10 a day, the benchmark for "moderate poverty," due to healthcare expenditure. Since 2000, this number has increased by 1.5% a year. A total of 800 million people spend more than 10% of their household budgets on "out-of-pocket" health expenses, defined as costs not covered by insurance. Almost 180 million people spend a quarter or more, a population increasing at a rate of almost 5% per year, with women among those worst affected. -
VC, Entrepreneur Says Basic Income Would Work Even If 90% People 'Smoked Pot' and Didn't Work (techinsider.io)
An anonymous reader cites a story on TI: The chief complaint people lodge at universal basic income -- a form of income distribution that gives people money to cover basic needs regardless of whether they work or not -- is that it'll make them lazy. Sam Altman doesn't buy it. In a recent episode of the Freakonomics podcast, entitled "Is the World Ready for a Guaranteed Basic Income?" Altman argued basic income could support huge amounts of productivity loss and still carry the economy on its shoulders. "Maybe 90% of people will go smoke pot and play video games, but if 10% of the people go create incredible new products and services and new wealth, that's still a huge net-win," Altman says. "And the American puritanical ideal that hard work for its own sake is valuable -- period -- and that you can't question that, I think that's just wrong." [...] The complaint Altman addressed on the Freakonomics podcast is a common one. Study after study, however, has shown that giving people extra money makes them feel financially secure. That security ends up leading to empowerment, not de-motivation. -
Ask Slashdot: Do You Still Have a Pager? Do You Find It Useful?
New submitter Chance Callahan writes: I am starting a business, helping a friend with his own startup, and volunteering regularly with a major political campaign (#feelthebern). One thing I have noticed is that my phone likes to die at the most inconvenient times and leaves me out of touch with people. With the business I'm starting requiring clients to be able to get ahold me quickly, I have been seriously considering getting a two-way pager. It's much easier swap out a AA battery once a month then to worry "will client X be able to get ahold me in the event of an emergency?" So, Slashdot, the million dollar question is, in the age of cell phones, do you have a pager? Do you still find it useful? Do any other "dead-tech" tools still play a big role for your communications? For example, fax machines are still big in Japan, and a lot of people keep landlines, too. -
World Bank Says Internet Technology May Widen Inequality (nytimes.com)
HughPickens.com writes: Somini Sengupta writes in the NY Times that a new report from the World Bank concludes that the vast changes wrought by Internet technology have not expanded economic opportunities or improved access to basic public services but stand to widen inequalities and even hasten the hollowing out of middle-class employment. "Digital technologies are spreading rapidly, but digital dividends — growth, jobs and services — have lagged behind," says the bank in a news release announcing the report. "If people have the right skills, digital technology will help them become more efficient and productive, but if the right skills are lacking, you'll end up with a polarized labor market and more inequality," says Uwe Deichmann. Those who are already well-off and well-educated have been able to take advantage of the Internet economy, the report concludes pointedly, but despite the expansion of Internet access, 60 percent of humanity remains offline. According to the report, in developed countries and several large middle-income countries, technology is automating routine jobs, such as factory work, and some white-collar jobs. While some workers benefit, "a large share" of workers get pushed down to lower-paying jobs that cannot be automated. "What we're seeing is not so much a destruction of jobs but a reshuffling of jobs, what economists have been calling a hollowing out of the labor market. You see the share of mid-level jobs shrinking and lower-end jobs increasing."
The report adds that in the developing world digital technologies are not a shortcut to development, though they can accelerate it if used in the right way. "We see a lot of disappointment and wasted investments. It's actually quite shocking how many e-government projects fail," says Deichmann. "While technology can be extremely helpful in many ways, it's not going to help us circumvent the failures of development over the last couple of decades. You still have to get the basics right: education, business climate, and accountability in government." -
World Bank Says Internet Technology May Widen Inequality (nytimes.com)
HughPickens.com writes: Somini Sengupta writes in the NY Times that a new report from the World Bank concludes that the vast changes wrought by Internet technology have not expanded economic opportunities or improved access to basic public services but stand to widen inequalities and even hasten the hollowing out of middle-class employment. "Digital technologies are spreading rapidly, but digital dividends — growth, jobs and services — have lagged behind," says the bank in a news release announcing the report. "If people have the right skills, digital technology will help them become more efficient and productive, but if the right skills are lacking, you'll end up with a polarized labor market and more inequality," says Uwe Deichmann. Those who are already well-off and well-educated have been able to take advantage of the Internet economy, the report concludes pointedly, but despite the expansion of Internet access, 60 percent of humanity remains offline. According to the report, in developed countries and several large middle-income countries, technology is automating routine jobs, such as factory work, and some white-collar jobs. While some workers benefit, "a large share" of workers get pushed down to lower-paying jobs that cannot be automated. "What we're seeing is not so much a destruction of jobs but a reshuffling of jobs, what economists have been calling a hollowing out of the labor market. You see the share of mid-level jobs shrinking and lower-end jobs increasing."
The report adds that in the developing world digital technologies are not a shortcut to development, though they can accelerate it if used in the right way. "We see a lot of disappointment and wasted investments. It's actually quite shocking how many e-government projects fail," says Deichmann. "While technology can be extremely helpful in many ways, it's not going to help us circumvent the failures of development over the last couple of decades. You still have to get the basics right: education, business climate, and accountability in government." -
Africa E-Waste Dump Continues Hyperbole War
retroworks writes: Two stories appear today which feature close up photos of young African men surrounded by scrap metal in the city of Accra. The headlines state that this is where our computers go to die (Wired). The Daily Mail puts it in even starker terms, alleging "millions of tons" are dumped in Agbogbloshie.
The stories appear the same day as a press release by investigators who returned this week from 3 weeks at the site. The release claims that Agbogbloshie's depiction as the worlds "largest ewaste dump site" to be a hoax. It is a scrap automobile yard which accounts for nothing more than local scrap from Accra. Three Dagbani language speaking electronics technicians, three reporters, Ghana customs officials and yours truly visited the site, interviewed workers about the origins of the material, and assessed volumes. About 27 young men burn wire, mostly from automobile scrap harnesses. The electronics — 20 to 50 items per day — are collected from Accra businesses and households. The majority of Accra (population 5M) have had televisions since the 1990s, according to World Bank metadata (over 80% by 2003).
The investigation did confirm that most of the scrap was originally imported used, and that work conditions were poor. However, the equipment being recycled had been repaired and maintained, typically for a decade (longer than the original OECD owner). It is a fact that used goods will, one day, eventually become e-waste. Does that support a ban on the trade in used goods to Africa? Or, as the World Bank reports, is the affordable used product essential to establish a critical mass of users so that investment in highways, phone towers, and internet cable can find necessary consumers? -
Report Says Climate Change Already Evident, Emissions Gap Growing
Dupple writes "Following on from a world bank report of 4 degree C warmer world comes this story from the BBC. 'The effects of climate change are already evident in Europe and the situation is set to get worse, the European Environment Agency has warned. "Every indicator we have in terms of giving us an early warning of climate change and increasing vulnerability is giving us a very strong signal," observed EEA executive director Jacqueline McGlade.'" Here's the report in question. There also comes news we've hit record levels of atmospheric carbon dioxide. -
World Bank Embraces Open Access and Makes All of Its Research Freely Available
Fluffeh writes "The World Bank is taking steps toward greater transparency. It announced recently that it would be instituting a new 'Open Access policy for its research outputs and knowledge products' beginning July 1. The policy's full title is 'World Bank Open Access Policy for Formal Publications,' and the Bank says it will apply to 'manuscripts and all accompanying data sets... that result from research, analysis, economic and sector work, or development practice... that have undergone peer review or have been otherwise vetted and approved for release to the public; and... for which internal approval for release is given on or after July 1, 2012,' as well as the final reports prepared by outside parties for the Bank. Over 2,100 books and papers from 2009-2012 are already available in the repository" -
World Bank Embraces Open Access and Makes All of Its Research Freely Available
Fluffeh writes "The World Bank is taking steps toward greater transparency. It announced recently that it would be instituting a new 'Open Access policy for its research outputs and knowledge products' beginning July 1. The policy's full title is 'World Bank Open Access Policy for Formal Publications,' and the Bank says it will apply to 'manuscripts and all accompanying data sets... that result from research, analysis, economic and sector work, or development practice... that have undergone peer review or have been otherwise vetted and approved for release to the public; and... for which internal approval for release is given on or after July 1, 2012,' as well as the final reports prepared by outside parties for the Bank. Over 2,100 books and papers from 2009-2012 are already available in the repository"