What the Industrial Revolution Teaches Us About the AI Revolution
What's Your Problem?
The Impact of Automation, Globalization, and Wage Gains in China
Automation has replaced jobs without creating many new opportunities. This is due to factors such as digital technology, globalization, and outsourcing. Global inequality has decreased, particularly in China. While wages have increased and poverty has decreased in China, not all parts of the world have benefitted equally.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
