Frontier technologies are likely to accelerate the de-routinization of work The rapid evolution of new technologies, particularly artificial intelligence (AI), has sparked questions about whether these emerging frontier technologies might increasingly substitute employees performing complex tasks. In contrast to such fears, a new IZA discussion paper by Melanie Arntz, Sabrina Genz, Terry Gregory, Florian Lehmer … Continue reading
While many see technology as a key part of the solution to contemporary development challenges, new research points to its limitations in promoting development and structural transformation. A new publication on the expansion of digital economic activity in developing economies, published by the International Labour Organization (ILO), examines what digitalization means for the structural and … Continue reading
The combined effects of the global pandemic and the general trend of digitalization are pushing public employment services to accelerate their use of innovation to develop and deliver simpler, faster and better services for clients. This report provides a global overview on how public employment services are approaching technology to improve service delivery, prior to … Continue reading
News that General Motors plans to cut up to 14,800 jobs in the U.S. and Canada was initially reported as a conventional business-cycle adjustment — a “trimming of the sails.” The main causes of the cuts were understood to be slowing demand in the U.S. and China, slumping demand for sedans, and the need to … Continue reading
BCG analyzed technology’s potential in aiding companies’ gender diversity efforts and concluded that technology can help in both short-term and long-term ways. In the short term, companies can use technology to support specific types of diversity interventions. Longer term, women who develop expertise in digital will be positioning themselves for leadership roles in the many … Continue reading
The effects of technology—especially digital innovation—and globalization on labor markets are three-fold. The first effect is disruption as jobs relocate to take advantage of lower costs, evolve to entail different tasks, or undergo wholesale change with the elimination of old jobs and the emergence of new ones. Disruption is a permanent feature of any dynamic … Continue reading
Automation, digital platforms, and other innovations are changing the fundamental nature of work. Understanding these shifts can help policy makers, business leaders, and workers move forward. Policy makers will need to address issues such as benfits and variability that these digital platforms can raise. Accelerate the creation of jobs in general through stimulating investment and … Continue reading
The purpose of this report is to provide an overview of existing and emerging digital technologies and their potential application for K-12 education and career exploration. The report scopes a range of technologies including virtual and augmented reality, haptics, tangibles, and new video media. It aims to provide accessible explanations of these technologies and some … Continue reading
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
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
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 (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
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
A global Randstad study found that a third of Canadians feel their jobs are threatened by advances in technology, and one in four believes the job they currently hold could vanish entirely if the trend continues. Advancements in technology have always threatened certain industries, and now is no different. From giant corporations to university libraries … Continue reading
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