While the short run effects of automation have to do with the labour market dynamics of any economy, the long run effect is more about the income dynamics. However, the interplay among these short run and long run effects pose some interesting challenges for the Bangladesh economy when it comes to adopting automation. Considering the economic context, policy-makers have to answer three Ws before entering into the automation era. Given this sector lacks considerable investment, the government can consider incentivizing investors in automation of cash crop cultivation or providing automation tools to cash crop cultivators at a subsidized price. The third W poses a question about the overall preparedness of the Bangladesh economy for automation.

Source: Dhaka Tribune January 14, 2020 15:56 UTC