World Bank president says we are on a “crash course”

Oct 10, 2017, 6:31 AM EDT
World Bank Group President Jim Yong Kim
(Source: World Trade Organization/flickr)

With robots set to displace millions of low-skill workers in near future, World Bank Group President Jim Yong Kim warned that job automation is driving the world on a “crash course,” as he underscored the importance of investing in “human capital.”

During his speech in New York, Kim called on the policymakers to invest in education and health, two key factors that will impact the health of a changing global economy in the years ahead, notes the BBC.

The comments by the World Bank chief reflect the body’s evolving agenda, which was set up after World War Two to spur infrastructure reconstruction.