Thanks to digital transformation and the Fourth Industrial Revolution, it will be possible for the same output from ASEAN's top six economies today to be produced using 28 million fewer workers by 2028.Digital transformation will disrupt the workforce but its impact has never been truly quantified.
While Industry 4.0, also known as the Fourth Industrial Revolution, presents a great many challenges to less developed frontier economies like Cambodia and Lao PDR, more developed countries in the region have not been spared as well.
Thanks to digital transformation and the Fourth Industrial Revolution, it is possible for the same output from ASEAN's top six economies today to be produced using 28 million fewer workers by 2028. Digital transformation is always said to disrupt the workforce but its impact has never been truly quantified.
