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Abstract In this chapter, we conclude and identify areas for future
research. We stress three points. First, automation is challenging any
competitive advantage of low-cost labor of late developers. Second, due
to low levels of skills, the labor force in many developing countries is
vulnerable to replacement by labor-saving technology. Wage stagna-
tion and premature deindustrialization are already unfolding鈥攈owever,
unemployment is not (yet) the main problem of technological change.
Third, we need to ask different policy and research questions and be
concerned about the jobs impact of technology and the political econ-
omy of automation rather than just automatability in principle. In that
vein, the Lewis model and surplus labor theory could once more help
us understand the dynamics of economic development and structural
transformation.
Keywords Public policy 路 Reserve army 路 Labor surplus 路 Disruption 路
Premature deindustrialization 路 Future research
CHAPTER 7
Conclusions
漏 The Author(s) 2020
L. Schlogl and A. Sumner, Disrupted Development and the Future
of Inequality in the Age of Automation, Rethinking International
Development series, https://doi.org/10.1007/978-3-030-30131-6_7
Disrupted Development and the Future of Inequality in the Age of Automation