Almost half of the activities that people are paid to do can be automated using currently available technologies. Filipino innovators can establish competitive advantage and reap superior rewards by selectively adopting these technologies.
The Philippines will face profound changes in the nature of work and jobs, even as it continues its current path of rapid growth. In a recently published report, my colleagues at the McKinsey Global Institute (MGI) asserted that almost half the activities people are paid to do globally (worth USD 16 trillion in wages) could be automated using robots, data analytics, artificial intelligence, and other existing forms of technology.
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