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In dirt-poor Myanmar, smartphones are transforming finance

Rudimentary financial services are on offer in places roads do not reach MYANMAR’S democratic transition sometimes seems marked as much by continuity as by change. Depressingly, the army continues its bloody persecution of Rohingya Muslims in the west, for example (see article). But elsewhere moves to open the country’s markets, started by the preceding military regimes, have gathered pace. New commercial ... Read More »

Track how technology is transforming work

Androids, such as this one directing shoppers in Tokyo, will replace humans in many service occupations in the next 10–20 years. Advances in technology pose huge challenges for jobs. Productivity levels have never been higher in the United States, for example, but income for the bottom 50% of earners has stagnated since 1999 (see ‘Job shifts’). Most of the monetary ... Read More »