Automation's Asian Casualties

The silent killer driving tens of thousands of people into joblessness in Japan is automation technology ("Asia: Social backlash," Special Report, Aug. 17). When you walk into a local bank, you'll find ATMs that do everything from open a new account and transfer funds among banks to taking deposits in coins. Who needs a bank teller if we can do everything with the ATM?

For the first time in history, it looks like technology is finally making human workers redundant. As Japan is quickly transforming itself into an automated society, its people have to find the areas machines cannot move into.

Koshiro Yamaoka


Before it's here, it's on the Bloomberg Terminal.