Technological change

This tag is associated with 11 posts

The Future of Work – How does technological change affect the labour market?

Technological change has major implications for the labour market (Figure 2.1). It affects the volume of work available, the nature of work, and pay rates for different workers, and it can be very disruptive. The impacts of technological change can be complex to disentangle, for several reasons. First, more than one impact can occur at … Continue reading

Digitalisation and Jobs – The risk of greater job insecurity, growing inequality and even mass ‘technological’ unemployment

This policy brief discusses how demographic shifts, globalisation and new technologies are changing the nature of work and careers. Digitalisation is seen as a key influence on the future of work over the next decades. Ever-increasing computing power, Big Data, the penetration of the Internet, Artificial Intelligence (AI), the Internet-of-Things and online platforms are among … Continue reading

Technology and Jobs – Automation and digitalisation are unlikely to destroy large numbers of jobs

In recent years, there has been a revival of concerns that automation and digitalisation might after all result in a jobless future. The debate has been fuelled by studies for the US and Europe arguing that a substantial share of jobs is at “risk of computerisation”. These studies follow an occupation-based approach proposed by Frey … Continue reading

Technology and Jobs – Is the Fourth Industrial Revolution failing the middle class?

While technology enters its next golden age, the percentage of adults working or looking for work is the lowest in almost 40 years in countries such as the United States. Is the Fourth Industrial Revolution failing the middle class? Chosen excerpts by Job Market Monitor. Read the whole story at  The Promise of Progress – World … Continue reading

Industry 4.0 – How will job profiles evolve?

Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s. These waves of technological advancement did not reduce overall employment, however. Although the number of manufacturing jobs decreased, new jobs emerged and the demand for new skills grew. Today, another workforce transformation is … Continue reading

Will technology replace the human workforce and destroy the psychological connection between humans and work ?

“Will technology (e.g., artificial intelligence and robots) replace the human workforce and destroy the psychological connection between humans and work in the process?” At present there is a lot of uncertainty surrounding the answers to this question  While some feel humans and machines are moving hand in hand towards a future of blissful symbiosis, there … Continue reading

Technology has been a great job-creating machine study finds

The battle between man and machines goes back centuries. Are they taking our jobs? Or are they merely easing our workload?  A study by economists at the consultancy Deloitte seeks to shed new light on the relationship between jobs and the rise of technology by trawling through census data for England and Wales going back … Continue reading

Australia – More than five million jobs gone to computerisation and automation in 10 to 15 years

More than five million jobs, almost 40 per cent of Australian jobs that exist today, have a moderate to high likelihood of disappearing in the next 10 to 15 years due to technological advancements, a CEDA report being released today has found. Australia and the world is on the cusp of a new but very … Continue reading

Automation, jobs, and the future of work – There’s always painful dislocation

The topic of job displacement has, throughout US history, ignited frustration over technological advances and their tendency to make traditional jobs obsolete; artisans protested textile mills in the early 19th century, for example… A conversation Reid Hoffman: If you look at most of the automation, it comes down to man–machine combinations. And all productivity means … Continue reading

The labor market implications of technological change in US

The rate of technological innovation obviously has major labor market effects. What is the relationship between new technological advances and the current skill distribution of the labor force? Continue reading

US / Chinese imports and technological change destroying American manufacturing jobs finds NBER

Foreign competition and technological change might seem like twin juggernauts, destroying American manufacturing jobs in much the same way. In fact, they’re quite different. Foreign competition from China can be like a tornado, devastating US manufacturing in concentrated fashion but in limited areas around the country, according to a new study from the National Bureau … Continue reading

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