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It has happened because rich-world companies have replaced workers with new technology to boost productivity and shifted production from labour-intensive products such as textiles to higher-tech, higher value-added, sectors such as pharmaceuticals.
ECONOMIST: Economics
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Changing technology and competition from emerging economies has reduced demand for low-skilled workers in rich countries.
ECONOMIST: Wirtschaftsblunder
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Technology, and in particular, the Internet has long been the best bet for getting rich at a young age.
FORBES: Valuations
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He did not say who would pay for a technology which increases the cost of power generation so much that it has still not been adopted in rich nations which have caused the climate problem.
BBC: Harrabin's Notes: Population overload?