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What the Industrial Revolution Teaches Us About the AI Revolution
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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.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode