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PODCAST: Hexapodia LVI: Economic Development: Oks & Williams, Rodrik & Stiglitz

Inflection Point

CHAPTER

The Evolution of Manufacturing and Automation

The chapter explores the transition from manual labor to automation in manufacturing, focusing on the tire industry and historical investments in workers' human capital by companies like Pirelli in Italy. It discusses the changing skill requirements and job roles due to advanced machine learning, highlighting the impact on labor forces worldwide. The conversation emphasizes the necessity of considering economic distribution alongside manufacturing growth and the challenges of automation in certain manual tasks.

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