Digital technologies are widening gap between capital and labour returns: RBI report

New Delhi [India], July 29 (ANI): Automation, poses the risk of widening the gap between capital and labour returns, resulting in a fragmented labour market with a dichotomy of low-skill/low-pay and high-skill/high-pay jobs, while middle-tier jobs are increasingly displaced by technology, according to RBI report.

Digital technologies are dramatically transforming the workforce composition, job quality, skill requirements,