LABOUR-SAVING TECHNOLOGIES AND SOCIAL DEVELOPMENT IN THE TWENTY-FIRST CENTURY
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LABOUR-SAVING TECHNOLOGIES AND SOCIAL DEVELOPMENT IN THE TWENTY-FIRST CENTURY
Annotation
PII
S086919080000616-4-1
Publication type
Article
Status
Published
Edition
Pages
87-96
Abstract
urrently labor-saving technologies are becoming an important factor in social and economic development of many nations in the world. During many centuries economic growth was based on labor development. In the last decades we are witnessing international competition between qualified but expensive Western labor and cheap but low qualified labor in developing economies. Low-cost labor now wins in many positions, but labor-saving technologies start changing global trends. Labor-saving technologies are developing in agriculture, mining, manufacturing, and services. Labor-saving technologies may bring positive effects to social and economic development of developed countries and also China where population aging walks hand by hand with intensive robotics development. For developing economies labor- saving technologies may be a threat as they reduce demand for low qualified labor globally.
Keywords
labour-saving technologies, labour, robotization, socio-economic development, developed countries, developing countries
Date of publication
01.01.2015
Number of purchasers
0
Views
320
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