Investments in training that accompany individuals throughout their working lives are also necessary to prevent the risk that the adoption of new technologies, with the attendant drop in demand for the workers most affected by the advent of automation and digitalization, will magnify inequalities of income and opportunity, and reduce employment.
A session entitled “global challenges” can quickly nudge the speaker towards a rather pessimistic view, seeing only obstacles and impediments to a sustainable recovery path. But we should not let that happen. Of course, the recovery remains fragile and risks loom large. But the global outlook has begun to improve.