Developments in artificial intelligence and automation have been heralded as a major leap forward in human advancement. But they could also adversely affect another important measure of societal progress: The gender pay gap.
That’s according to a new report from the World Economic Forum, which indicated that the growth of jobs in emerging industries, such as IT and engineering, is set to disproportionately hurt women and, by consequence, progress made in reducing pay inequality.
The gender pay gap, the difference between average earnings for men and women, has been narrowing over recent years, yet there remains a long way to go until compensation parity is reached — 202 years to be exact. And that estimate could grow even lengthier if progress is not made in bringing more women into the workforce, the WEF found….
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Source: CNBC