Summary of Are China’s Automated Supermarkets Taking Away Job Opportunities Or Creating Innovative Jobs?
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When Alibaba opened its first automated supermarket in China in July 2017, some experts were optimistic about artificial intelligence developments, while others forecast the doom of the many workers who would lose their jobs to machines in the near future. Liu Yuanju, a researcher at the SIFL Institute – an organization that aims to promote policies in support of the central role of the market economy – shares a balanced view in this Caixin article, presenting the pros and cons of automated supermarkets. He suggests the Chinese government should retrain workers to adapt to changes caused by disruptive technology. getAbstract recommends Liu’s analysis to those interested in automated supermarkets’ impact on China’s workforce.
In this summary, you will learn
- How automated supermarkets will change the supermarket industry’s labor demands,
- How fundamental shifts cause structural unemployment in the supermarket sector and
- How representatives of the industry and the government should address that issue.
About the Author
Liu Yuanju is a researcher at SIFL Institute, a Shanghai-based nonprofit research center that specializes in finance, legal and economic research.