Essay on Impact of Technology on Jobs
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100 Words Essay on Impact of Technology on Jobs
Technology has revolutionized the world, significantly affecting jobs. It has both created new opportunities and eliminated certain roles.
Technology has led to the creation of new jobs. For instance, roles like app developers, data analysts, and digital marketers didn’t exist before the digital age.
Conversely, technology has made some jobs redundant. Automation and AI can perform tasks previously done by humans, like assembly line work or data entry, reducing the need for these roles.
In conclusion, technology’s impact on jobs is two-fold: it creates new opportunities but can also lead to job loss.
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250 Words Essay on Impact of Technology on Jobs
The advent of technology.
Technology has transformed our world, bringing about a digital revolution that has reshaped every aspect of life, including the job market. The advent of technology has significantly impacted jobs, creating new opportunities while also challenging existing ones.
Technology has been a catalyst for job creation. The digital revolution has led to the emergence of new sectors such as data analysis, digital marketing, and app development. These sectors were non-existent a few decades ago but are now major employers, demonstrating technology’s potential to create jobs.
On the flip side, technology has also led to job displacement. Automation and artificial intelligence have replaced human labor in many fields, from manufacturing to customer service. This displacement has led to job losses, particularly among lower-skilled workers, and has raised concerns about income inequality and social stability.
The Need for Reskilling
The impact of technology on jobs underscores the need for reskilling. As technology evolves, the skills required in the job market also change. Continuous learning and adaptation are now a necessity for job security and career progression.
In conclusion, while technology has undeniably reshaped the job landscape, its impact is not wholly negative or positive. It is a double-edged sword that creates jobs while also displacing others. The key is to harness the positive aspects of technology while mitigating its negative impacts through proactive measures such as reskilling and education reform.
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500 Words Essay on Impact of Technology on Jobs
Technology has been a driving force of change in our society, influencing various aspects of our lives. One of the most profound impacts of technology has been on the job market. The advent of new technologies has led to the creation of new jobs, while simultaneously rendering some jobs obsolete.
Technology as a Job Creator
The first and most obvious impact of technology on jobs is the creation of new roles. The technology industry itself has seen a boom in jobs related to software development, data analysis, cyber security, and more. Furthermore, the rise of digital platforms has created jobs in digital marketing, e-commerce, and social media management.
In addition, technology has also created indirect jobs. For instance, the rise of e-commerce has led to an increase in jobs in logistics and delivery services. Similarly, the surge in data generated by businesses has led to an increase in demand for data analysts and data scientists.
Technology as a Job Disruptor
On the flip side, technology has also led to job displacement. Automation and artificial intelligence (AI) have replaced human labor in various sectors. Routine and repetitive tasks are particularly susceptible to automation. For example, manufacturing jobs have been significantly reduced due to the advent of industrial robots.
In addition, AI and machine learning algorithms are increasingly capable of performing complex tasks. They can analyze large amounts of data more efficiently than humans, leading to job displacement in sectors such as finance and healthcare.
The Future of Jobs in the Age of Technology
As technology continues to evolve, the nature of jobs will change. The World Economic Forum predicts that by 2025, machines will perform more tasks than humans in the workplace. This doesn’t necessarily mean mass unemployment, but rather a shift in the types of jobs available.
The future job market will likely require workers to have a different set of skills. As machines take over routine tasks, there will be an increased demand for jobs that require human skills such as creativity, critical thinking, and emotional intelligence.
The impact of technology on jobs is a double-edged sword. While it has led to job creation in various sectors, it has also caused job displacement. As we move towards a more technologically advanced society, it is essential for individuals and institutions to adapt and acquire the skills necessary for the jobs of the future. The challenge lies in ensuring that the benefits of technology are widespread and do not lead to increased social inequality.
In conclusion, technology has a profound impact on jobs. It is a powerful driver of change, bringing both opportunities and challenges. It is up to us to harness its potential while mitigating its adverse effects.
That’s it! I hope the essay helped you.
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New technologies are increasingly being adopted in manufacturing, retail and clerical work, and in many professions including education, law, medicine and financial services. Many people argue that automation, software and robots will replace people in manufacturing. Other people argue that technology creates jobs. Still, others argue that it is destroying jobs faster than it is creating them. However, the widespread adoption of technology is destroying jobs and causing widespread unemployment.
Advanced automation has been very common in manufacturing for decades, especially in China and the United States (Rogers, Takegami and Yin). Fewer people work in car factories than in the last century. Industrial robotics was adopted around 1980s (Rogers, Takegami and Yin). Most car factories routinely employ machines to weld and paint body parts. These tasks were mostly handled by humans. In the modern world, industrial robots are more far cheaper and flexible than their predecessors: They are even performing simple jobs in a variety of sectors (Rogers, Takegami and Yin).
Majority of economists believe that technology enhances productivity and creates wealth in the society but has a negative impact: it eliminates the need for many categories of jobs. For example, technological advancements such as Google’s driverless car are a good indicator of the further impact of what technology might do in the future. In economics, productivity of labor is a vital indicator of growth. It is also an indicator of wealth creation and a measure of progress. Therefore, there is improved productivity of labor but the number of employees needed in increasingly smaller: this leaves the today’s typical worker worse off than in yester years.
There are less dramatic changes created by technological advancement in clerical work and professional services but the changes have potentially far larger impact on employment. For example, Web technologies, databases, improved analytics and artificial intelligence are replacing human beings in the performance of many routine tasks. Technological advancements are making it possible to replace human effort in countless traditional white-collar jobs, including customer service and post office services (Batt, Lloyd and Weinkopf). For example, it is common for customer care departments in many public institutions to address clients through automated public address systems (Batt, Lloyd and Weinkopf). Many researchers claim that such systems are “digital versions of human intelligence” (Batt, Lloyd and Weinkopf). The technologies are being adopted in jobs once thought to require people.
Digital technologies cause slow job creation, reduce the number of jobs and cause painful shock to workers as they are forced to adjust their skills. Additionally, entrepreneurs tend to exploit new technologies, causing existing skills to become redundant. Businesses may be forced to invest more in the training of workers (Spitz-Oener). The need to reduce the total costs will also force them to hire fewer workers (Spitz-Oener). The exploitation of digital technologies is being facilitated by the availability of data, personnel and enough computing power. The large-scale adoption of digital technologies is causing long-term involuntary unemployment.
There are many scientists who argue that robots need to be manufactured and run by humans and will not lead to job loss (Youndt). Others argue that robots may not be adopted easily as it takes long to teach a robot to recognize an object especially in a moderately unstructured environment like an office. Some organizations may not readily adopt robots as people may be far better at responding to changes and unexpected events in their environment. Human beings are also good at packaging various items together.
The middle class has been the most affected by automation; computer technologies have increasingly replaced people in such tasks as bookkeeping, and other repetitive production jobs especially in the manufacturing sector. Robots increasingly need minimal training to work on simple tasks. They are being used in work places where there is much risk to employees. Computer-aided jobs requiring problem-solving skills and creativity have multiplied; these jobs attract high pay. Scientists predict that automated processes and robots with superhuman skills will take over wide variety of human tasks within the next 50 years (Spitz-Oener). The evidence is based on the increasingly few workers required in factories and the adoption of advanced computing.
There is an increasingly trend of pushing advanced computing into many spheres of professions such as finance, as medicine and customer service. The rapid adoption of advanced computing has created a huge gap between economic winners and losers. Such technologies tend to promote “technology experts” (Rogers, Takegami and Yin). For example, an organization that creates a tax preparation system or software might eliminate the need for many accountants while it makes millions or billions of dollars.
There are a few jobs that may that benefit from computer assistance, but many others are likely to be negatively affected in the future (Lohr). Jobs that involve engineering, design and programming; they entail the use of basic problem-solving abilities that humans have over machines. Those that do not need less problem-solving abilities such as attending to customers, packaging, dusting and spraying may be greatly affected in the future (Lohr).
Labor-displacing technologies can be classified under automation, mechanization and process improvement (Youndt). While automation and mechanization involve transfer of tasks from humans to machines, process improvement entails the elimination of tasks altogether (Youndt). The three have led to the decrease in the number of average working hours and the number of workers. Some economists argue that technological unemployment may lead to structural unemployment.
While there is an obvious enthusiasm for advanced technologies, people are not very conscious about the loss of jobs: yet the jobs may vanish forever. People are likely to purchase cars that consume more machine hours than man-hours to manufacture; there are likely to ignore the real impact of such purchases. Furthermore, some people claim that there are other factors associated with slow job creation in the 21st century including, the 2008 economic regression and events related to global trade (Youndt).
Many economists do not consider the impact of technology in employment; they only consider it as a vital factor of production. Some argue that technology enables a firm lower labor inputs and consequently lower profits, leading to more sales and higher managers. Other economists argue that the additional purchasing power causes an increase in aggregate demand, thereby increasing employment due to the expansionary effect of technology on the economy. Other economists argue that the automation can destroy jobs in a disturbing way as most workers do not have the capabilities to take up the new jobs. Still, some economists fail to notice that short-run unemployment may be as a result of lack of competition in products and labor markets, among other artificial imperfections. Lohr (2011) argues that although a hesitant economy has caused job shortage in America, advancing technology has harshly magnified the effect. Therefore, different attitudes toward technology lead to a scenario where people ignore the role of technology in destroying jobs.
Technological advancement has enabled organizations to employ people while still producing at higher-than-subsistence levels of output. Using simple technologies or no technologies at all can lead to full employment but cannot lead to efficient production or improve standards of living. Therefore, technology is important. However, the rate at which technological advancements are embraced leaves little to be desired as many people may end up unemployed. It would be more prudent to control the adoption of technologies in some productivity areas.
Batt, R., C. Lloyd and C. Weinkopf. "Restructuring Customer Service: Labor Market Institutions and Call Center Workers in Europe and the United States." Gautiê, J. and J. Schmitt. Low-Wage Work in the Wealthy World. New York: Russell Sage Foundation, 2009. 421-466.
Lohr, S. More Jobs Predicted for Machines, Not People r October 23, 2011 . 23 October 2011.
Rogers, E. M., S. Takegami and J. Yin. "Lessons learned about technology transfer." Technovation 21.4 (2001): 253–261.
Spitz-Oener, Alexandria. "Rising Education Demands: Looking Outside the Wage Structure." Journal of Labor Economics (2006): 235-270.
Youndt, M. A. "Human Resource Management, Manufacturing Strategy, and Firm Performance." Academy of Management Journal 39.4 (1996): 836-866.
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How Technology Has Destroyed Jobs in Our World Today? Essay
Introduction, works cited.
To a large extent, technology has greatly transformed the world we live in. Among other things, it has opened up the world through globalization, and created an opportunity for business enterprises to access a wider market. In addition, technology facilitates easy access to information and promotes sharing of good businesses practices. Unlike in the past, it is now easy to carry out work related tasks.
However, while technology can be hailed for making the world a better place, it has also impacted the society negatively. Allegedly, technology has turned most people into slaves and led to the destruction of many jobs. This paper looks at how technology has eradicated jobs in the modern day society.
Drawing from a study by Rotman (1), technological advancements over the years is to blame for the slow growth in employment experienced all over the world. With increased uptake of technology, it is envisioned that the number of jobs available will continue to dwindle. In the manufacturing sector, for example, the application of artificial intelligence and use of robots have completely taken over jobs earlier done by human beings.
According to Cellan-Jones (1), technology has been advancing at a very fast rate while employment opportunities have continued to decrease. Consequently, individuals are compelled to ensure that they have the skills needed in order to work with a given technology. Seemingly, this has created a scenario where employees and companies without relevant skills to survive in the industry are left behind. The profitability of business enterprises has also been made to decline as a result of inadequate skills to cope with newer technologies.
This has in turn affected their ability to hire new employees. The fact that business enterprises are denied an opportunity to make profits eventually leads to job destruction and a high rate of unemployment in the society. In the same way, employees with outdated skills are made to appear useless considering that companies are afraid to hire them for lack of important technological skills. As pointed out by Rotman (1), the same technology that is apparently making work easier and helping to increase the level of productivity in business enterprises is responsible for killing jobs and getting rid of humans from the job market. Evidently, the number of people working in the manufacturing sector has greatly declined due to increased use of robots and advanced automation technologies.
As a result of technological advancements, numerous white-collar jobs have been made to disappear from the job market. The use of Web related services and advanced artificial intelligence technologies has made it possible for organizations to access cheaper computing power that can easily replace human labor and reduce overall operating costs. According to Cellan-Jones (1), concerns have been raised by different scholars about the continued application of artificial intelligence and robotics.
Arguably, high dependence on these technologies will eventually lead to the extinction of the human race from the job market. In some instances, it has been presumed that machines are more predictable and intelligent than human beings. Allegedly, some machines are capable of reading the thoughts of humans and predicting their intentions. Apparently, this is an outstanding characteristic of technology that is responsible for promoting the adoption of technology at work place.
Based on a study by Gamble (142), there are a number of risks and uncertainties that are associated with the use of technology in business operations. Ostensibly, the impact of technology on work and productivity is quite profound. Research indicates that application of technology has led to the elimination of many existing jobs in professional as well as retail services. Regardless of the fact that technology is greatly responsible for the destruction of jobs, it has helped to increase wealth by creating a new range of job opportunities for those with advanced technological skills. While it is true that communities and occupations have been affected by job loss or reduced employment opportunities over the years due to advances in technology, societies have become wealthier (Gamble 143).
While there are several reasons to believe that technology has made the world a better place, it is quite obvious that advances in technology over the years are responsible for massive job destruction rather than creation. Through the application of artificial intelligence, for example, organizations have successfully adopted the use of robots to automate operations and subsequently eliminate dependence on human labor in some areas.
The use of advanced technologies to perform what would otherwise be done by humans has been blamed for sending scores of people out of employment. This is mainly because a huge percentage of the world’s population is a long way from attaining the skills required to compete successfully in economies that are largely driven by technology. As a result, there are many people who live in fear about the state of their employment.
Despite the fact that technology has been very instrumental in supporting economic growth in different countries, it is incorrect to assume that changes in technology are beneficial to all. As discussed in this paper, the livelihoods of many people have adversely been affected by reliance on technology.
Cellan-Jones, Rory. 2014. Stephen Hawking Warns Artificial Intelligence Could End Mankind . Web.
Gamble, Andrew. Crisis Without End?: The Unravelling of Western Prosperity . New York, NY: Palgrave Macmillan, 2014. Print.
Rotman, David. 2013. How Technology Is Destroying Jobs . Web.
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The Impact of Technology on Employment: Automation and the Future of Work
Advancements in technology, particularly automation and artificial intelligence, have significantly influenced the labor market, sparking debates about the future of work. While technology has brought about unparalleled efficiency and innovation, it has also raised concerns about job displacement and the changing nature of work. This essay delves into the impact of technology on employment, examining the implications of automation for the workforce and exploring potential strategies to address the challenges ahead.
Automation and Job Displacement:
As technology becomes more sophisticated, automation has the potential to replace certain tasks and jobs, leading to job displacement in various industries.
Changing Skills and Job Requirements:
The advent of automation demands a shift in the skills and competencies needed in the workforce. Workers may need to acquire new skills to adapt to evolving job roles.
Enhanced Productivity and Economic Growth:
Automation enhances productivity by streamlining processes and reducing operational costs, leading to increased economic growth.
Job Creation in Emerging Technologies:
While some jobs may be replaced by automation, emerging technologies also create new job opportunities in fields like data science, artificial intelligence, and cybersecurity.
Income Inequality and the Digital Divide:
The adoption of technology may exacerbate income inequality, as some individuals and communities may have limited access to technology and digital resources.
Retraining and Upskilling Programs:
To address job displacement, governments and businesses can invest in retraining and upskilling programs to equip workers with in-demand skills.
Universal Basic Income (UBI) and Safety Nets:
Policy discussions about the impact of automation have led to debates about implementing universal basic income and social safety nets to provide financial security for displaced workers.
Innovation and Entrepreneurship:
Technological advancements also stimulate innovation and entrepreneurship, leading to the creation of new business ventures and job opportunities.
Ethical Considerations and Human-Centered Design:
As automation progresses, ethical considerations become essential to ensure technology aligns with human needs and values.
Collaboration between Technology and Human Workers:
Emphasizing collaboration between technology and human workers can lead to synergistic outcomes, where technology complements human capabilities.
The impact of technology on employment is a dynamic and multifaceted issue that demands careful consideration from policymakers, businesses, and societies. While automation presents opportunities for increased productivity and economic growth, it also raises concerns about job displacement and income inequality. To address these challenges, investment in retraining and upskilling programs, as well as social safety nets, can provide support for workers facing job transitions. Embracing a human-centered design approach to technology and fostering collaboration between technology and human workers can lead to a more inclusive and prosperous future of work. By proactively preparing for the changes brought about by automation, societies can harness the potential of technology while ensuring that the benefits are shared equitably and that individuals are equipped to thrive in a rapidly evolving job market.
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The Impact of Technology on Work and Employment - Essay Sample
Technology has dramatically changed how organisations do business by enhancing efficiency and quality of operations and extension of operations and global influence. While some people believe that technology has ruined employment and the workplace, others who have managed to keep up with the pace believe that it is the best thing that happened in business. In this regard, technology can either benefit or harm the workplace or employment depending on how well firms utilise it. Also, the effects of technology are most notable on employees and performance of tasks, which are core determinants of organisational success. Given the impact of technology in the workplace and employment, it is important to analyse important factors such as its evolution, applications, and positive and negative effects to the organisations and employees to determine if firms should continue to adopt new technology.
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How Technology Has Evolved
The effects of technology in the workplace have significantly changed over time owing to advancement in human civilisation. The evolution involved moving from eras in which people were unaware of and did not depend on technology, to an era where people cannot live without technology. There are three notable periods that relate to the advancement of civilisation and the adoption of technology. The initial era was the agricultural era, followed by the industrial era and the digital era (Cascio, & Montealegre, 2016). The agricultural era and the industrial era were important in the development of the digital era. The agricultural era involved the use of natural sources of power such as water and wind. Due to the limited nature of this power, the levels of production were low and utilisation did not go past land, the physical environment, and livestock. In the industrial era, production was mainly dependent on industrial power and maximisation of productivity, output, and efficiency depended on the relationship between the customers, distributors, and manufacturers. Both of the above eras were difficult for business and involved slow operation and losses.
The agricultural and industrial eras paved way for the digital era. In the current era, the generation and exchange of goods and services are easier as they depend on digitalised knowledge, information, and data. The advantage of this new era is that operations are faster and coordinated, thus reducing the marginal cost of production. In the digital era, companies have successfully integrated technology into almost all aspects of organisational operation. This means that production is faster and more efficient, and communication is effective.
Application of Technology in the Modern Workplace
Technology has entirely disrupted the traditional way of doing things in the workplace and replaced most manual activities. Also, there has been a significant change in the application of technology since the inception of the digital era. Whereas initially computers and other devices were programmed to perform different tasks, in the modern workplace, these devices can perform additional activities and perform robotic tasks. Technology is now applicable in training whereby employees can receive educational and training materials at their convenience. Training has been revolutionised and can now take place over the phone. Another modern usage of technology in the workplace is the assessment of stress levels, injury, or disability of employees through the use of microchips ad other attachable devices.
Furthermore, technology currently plays a central role in monitoring customer information, sales, and products. This increases timeliness and efficiency and reduces losses. In addition, the use of personal computers, tablets, and phones have made it easier for employees to work from anywhere since it is now easy to stay connected to the office (Cascio, & Montealegre, 2016). This has had the positive effects of promoting diversity and enhancing the development of different working styles. Other applications include employee tracking, performance of tasks by intelligent robots and computer programs, traffic monitoring, and research (Cascio, & Montealegre, 2016). Therefore, technology has assisted in easing tasks in almost all areas of an organisation, with positive impacts on speed and efficiency.
Positive Impacts of Technology on Work
Technology has a significant positive impact on the relationship between the employee and the employer. This improvement comes about as a result of increased collaboration between the employee and the employer through videoconference, email, and data/file sharing (Gibbs, 2017). Also, this has replaced the traditional mode of organisational leadership that involved leaders making core decisions alone. Employees are now involved in decision making since it is now easier to communicate and exchange thoughts. Also, employees and employers can interact at personal levels, which provide employers with the chance to understand their employees at deeper levels. These interactions can be used to collect insights from the employees and use these in enhancing inclusivity and productivity. Systemic relationships are then established, whereby the responses from employees are utilised to identify key themes and unidentified issues raised by the employees. Systemic relationships enable organisations to analyse large volumes of information and utilise them to increase the value that employees bring to the workplace.
Technology improves organisational communication, which is beneficial to employees and management, both in the organisation's premises and in remote areas. Employees can now work remotely and remain connected to the office without the need for cellphones. This can be accomplished using Voice Over Internet Protocol (VOIP), whereby office phones are linked to Ethernet cords at home or remote areas (Mayhew, 2018). Another improvement in communication is in the use of video conference whereby staff members can hold meetings and discussions online without necessarily being physically present in the meeting location. This improvement in communication is also vital in interviews, whereby interviewees that are out of reasonable commuting location can use video conferencing to interview. However, dependence on technology for communication in the workplace can be disastrous when individuals use it as means to avoid face-to-face communication and physical interaction. There are sensitive topics and critical decisions that require to be dealt with face to face such as disciplinary actions, appraisal, and performance evaluations. These topics require the observation of noon-verbal cues and discussions of the way forward. Therefore, use of technology in communication can impact an organisation positively or negatively.
Another positive impact of technology is the enhancement of efficiency in task execution. Technology improves the way employees carry out different tasks thus making them more efficient and reducing the burden of doing repetitive and tedious tasks. Additionally, the use of technology simplifies various job functions and thus enables employees to acquire satisfaction and hence improve their performance. An example of this is the configuration of Outlook to send personalised messages to a large number of people (Mayhew, 2018). Traditionally, this task would involve typing, proofing, and sending messages to individuals, which would take hours and also cause boredom and fatigue. Thus the automation of such activity leads to improvements in speed and accuracy. This is similar for other complex tasks that required a lot of time to accomplish in the past but can now be done in a short period. Technology has entirely changed the job design of many jobs across organisations. As technology increases the automation of simple tasks, employees refocus on the more difficult tasks and those that are difficult to automate.
Technology has greatly reduced work-related movement by providing easier means of communication. Contrary to the traditional system, employees do not have to move to other locations to meet clients as it is now easier to communicate using technological tools such as Skype and email (De Wet, Koekemoer, & Nel, 2016). Therefore, technology has broken geographical barriers and thus increased globalisation. The benefit of this is that employees can now serve a wide range of clients from different parts of the world. Without such improvements in technology, companies would not serve as many customers as they are currently serving. Also, it would take longer to accomplish tasks because of the time spent moving from one location to another. Movement also reduces since employees can now work from their homes or those of their clients. In this case, employees and managers can create virtual offices anywhere and stay connected to their clients and the office.
Negative Impacts of Technology on Work
Technology has significantly affected the quality of communication in the workplace through the replacement of face-to-face communication with online communication. Increased usage of emails for communication has been reported to affect relationships between colleagues negatively. This occurs when individuals read too much into the message and over-analyse it, hence distorting its original intention. Besides, technology has reduced face to face communication with some employees emailing colleagues in the same room instead of approaching them physically. Resultantly, the professional relationships that result from face to face contact are lost. In addition, the use of instant communication through email, Facebook, WhatsApp and other social media platforms provides expectations that responses will be instant, failure to which working relationships are negatively affected.
In addition to deteriorating communication, increased automation and adoption of technology in the workplace has negative effects on conflict resolution. Employees opt to use online communication as a means to avoid face to face confrontations. It is considered easier to apologise or forward blames through email than by confronting colleagues. In most cases, conflict resolution that is done through the phone is unsuccessful as most employees use it as an avoidance technique. Also, conflict resolution through emails and other forms of online communication compromises the hierarchy in a workplace as employees can communicate with managers and supervisors that they do not report to. This affects the professionalism of conflict resolution and increases conflicts between employees and managers.
Effects of Technology on Employment
Technology alters the workplace as well as the entire concept of employment. New technology substitutes most tasks that were traditionally performed manually, causing a reduction in the demand for the skills necessary to execute these tasks (Gibbs, 2017). Technological improvement reduces the demand for skills necessary for the performance of tasks that can be performed by technological tools. On the other hand, there is a general increase in demand for skills that assist in the performance of tasks that are complemented by technology. In this regard, technology affects different skills in different ways and can lead to the loss of jobs and wages for individuals with skills that can be automated. The most affected individuals are those in middle-skill jobs because most of these jobs rely on routine processing of information, decision making, and calculation, tasks that are easy to automate (Gibbs, 2017). High-skill jobs mostly remain unaffected as they require high levels of creativity, social skills, and cognitive tasks. Low-skill jobs also have low levels of automation since most of them involve direct consumer interaction, teamwork, and greater...
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Home — Essay Samples — Information Science and Technology — Impact of Technology — The Impact of Technology on Employment: the Future of Job
The Impact of Technology on Employment: The Future of Job
- Categories: Employment Impact of Technology Unemployment
About this sample
Words: 1617 |
Published: Aug 14, 2023
Words: 1617 | Pages: 4 | 9 min read
Table of contents
Transformation of labor in the technological era, trends and causes of technological unemployment, economic circular flow and income generation, reference list.
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- https://www.totaljobs.com/salary-checker/average-creative-designer-salary. (2017) (Accessed : 22 February 2019)
- Fin C.R (2017)What’s so great about working in the creative industry? Available at: https://www.dusted.com/dusted/whats-great-working-creative-industry/. (Accessed : 22 February 2019)
- Tejvan (2015) National minimum wage. Available at: https://www.economicshelp.org/labour-markets/minimum-wage/. ( Accessed : 22 February 2019)
- Milton F.D (1966) Minimum wage rate. Available at: https://www.aei.org/publication/milton-friedman-in-a-1966-newsweek-op-ed-the-minimum-wage-law-is-a-monument-to-the-power-of-superficial-thinking/
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Home / Essay Samples / Information Science and Technology / Impact of Technology / Effects of Technology
Technology's Impact on Jobs
Information Science and Technology , Economics
Impact of Technology , Political Economy
Effects of Technology , Employment
- Words: 427 (1 page)
Please note! This essay has been submitted by a student.
Table of Contents
Introduction, automation and job disruption, changing skill requirements, new opportunities and industries, enhanced efficiency and innovation, navigating challenges and opportunities.
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Technology and Jobs
Just like the industrial revolution, a massive change in technology is coming soon to the world. People will both lose jobs and create new ones. Newer education curriculums will be established. The jobs that people have today will soon be taken over by computers and the productivity will skyrocket. But what happens to those people? Is it right for these countries to embrace those future innovations? When will these changes start to take effect? The following article addresses all of these questions. As the article states, when people stopped being farmers, they were not out of work. Although their jobs were taken over by newer and more productive innovations, these people found higher wage jobs and grew along with the economy. This shows the world that people should not be afraid of the coming technology, because, as history shows, there will always be other jobs available. However, these jobs of the future may require a more sophisticated education. To meet these standards, schools around the world should focus on teaching their students skills that a computer can’t mimic, such as...
In this essay, the author
- Opines that a massive change in technology is coming soon to the world. people will lose jobs and create new ones.
- Opines that people should not be afraid of the coming technology, since there will always be other jobs available, but these jobs may require a more sophisticated education.
- Explains that the shift in technology and its effects on the workforce will begin with the employers. based on competition, companies and businesses will compete for the latest technologies to stay ahead in their markets.
- Opines that half of today's jobs will be run by computers in the next twenty years. the technology will reach the poorer nations and help move them into the new era of technology.
- Opines that the growing gap between the rich and the poor will only cause more "occupy" movements like the one that happened recently.
- Opines that the innovations of tomorrow will change the global economy by taking away and creating new jobs for the workforce.
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Race Against the Machine
This paper is briefing of book called “Race against the Machine” written by Erik Brynjolfsson and Andrew McAfee. This paper focuses on the impact of technology on the current employment issues. Three explanations of current economic issues that is cyclical, stagnantion and “end of work” is provided (Brynjolfsson & McAfee, 2011). Then the idea of excessive progress in technology making man jobless is presented and to support it various arguments are put forward. Secondly the idea of technology development causing division of labor into high skilled, low skilled, capital, labor, superstars and ordinary labors is presented and explained in detail. Finally remedies for solving these issues are presented and explained. Major takeaways of this paper are mismatch between the productivity and job creation, interlink between Technology improvement and division of labor and importance of education in building stable skilled labors and in the developing a stable society. (Brynjolfsson & McAfee, 2011)
Is Your Job an Endangered Species? An Article by Andy Kessler
Even though technology is seen to be a great advancement in history, it is also seen as a two sided sword; either way it could be bad. In the article “Is Your Job an Endangered Species?” Andy Kessler persuades his audience into believing with the advancement of technology, it could continue to take over thousands of jobs as the days go by. Kessler writes this article describing two types of workers that make up the economy today. Kessler mentions that if an economy keeps good skills nearby and stays open minded it will be useful as technology continues to bloom. Kessler is open to believing that new skills will help with job security in the future; however, Paul Krugman disagrees. Paul Krugman is the author of “Degrees and Dollars.” The author reaches out to his readers by making them aware of the world today and he also includes what the president had to say about job stability. Krugman’s drive to write this article is very clear. His drive is to make his readers understand that jobs are not a guarantee, just because of a college degree. Kessler try’s to make his audience aware that technology advancements are harming high educated jobs. While these two writings are different, there are points where they agree, such as technology is rapidly replacing jobs, jobs that use the mind are the key to success, and society will stand strong.
Analysis Of When Things Start To Think By Neil Gershenfeld
From the article, it shows many things in the world which are changed. Some changes are easy for us to see and understand, some of them are not. The digital revolution makes a free world in the internet, and it also gives us a new future. We are going to the future, and it is necessary for us to touch those new things. Many new things come up with the internet, such as, social media, webcast, and vision real, etc. We cannot refuse to use the new technology which are more and more popular, so we have to accept them and try to use them in the best way. The world change faster and faster. In early, the computer was remembered that a large machine which placed in specialized rooms needed to use skilled operators with a limited market, but now the computer is smaller, faster, and easier, and I can even hold my laptop to everywhere. In conclusion, People have to accept the changes in order to make the world better. The real challenge for people is to find a way that to create a system with many components that can work together and change, such as, tradition and advance. The world already had the digital revolution, and the world need digital
Working Ethic Research Paper
Moshe Vardi, a professor in computational engineering at Rice University claims that he believes that in 2045, the unemployment rate will be at 50% and possibly even higher. “In 30 years, Vardi says, computers will be able to perform almost any job that humans can. One assumes this includes working as a professor of computational engineering. Vardi foresees unemployment as surpassing 50 percent by 2045” (cnet.com). If there comes a time when the world is filled with computers and technology that can compete tasks without humans, I believe that no one will be happy with this outcome. As stated in A World Without Work, “But as manufacturing shifted abroad after World War II, Youngstown steel suffered, and on that gray September afternoon in 1977, Youngstown Sheet and Tube announced the shuttering of its Campbell Works mill. Within five years, the city lost 50,000 jobs and $1.3 billion in manufacturing wages. The effect was so severe that a term was coined to describe the fallout: regional depression.” With technology improving so fast at an alarming rate, there can be no guarantee that many will have jobs in the future. Food and products would become cheaper to produce causing the employees getting fired as a result. This may seem as a benefit, but in the long run, the nation as a whole can become weaker. “ As technology evolves, we find better, faster, cheaper ways to produce more goods and services at lower cost. We become, in a word, more efficient. In response to which, we idle our less productive resources in order to put overwhelming strain on our more productive resources. To use a sports metaphor, we put more players on the bench so that we can completely exhaust our more skilled players. Or, in an engineering metaphor, we distribute a larger load over fewer supports, in order to throw away more supports. This is not a net increase of efficiency.
Technology: Helping Us or Hurting Us
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Cell Phones And Negative Essay
Unlike the past, technology is a big part of the global world today. The world is advancing in many different ways and technology is a big catalyst. As each day passes more technological advances are being put into effect. The Center of Technology states that “over just the last five years, technology has been rapidly changing and expanding in every field imaginable” (How Technology Has Changed Our Lives in the Last Five Years, 2013). With this in mind, it is difficult to fathom how much it will change in the years to come. In the past, many years of technology were implemented to change the rotary dialer phone to the “brick” cell phone. Changes now of days come faster than we can
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Dependence on Technology: A Personal Account
When it comes to my relationship with technology I honestly would say that I do have a strong relationship with technology. I basically depend on it on everyday basis, from waking up to my alarm on my phone. If it wasn’t for this part of technology I wouldn’t even wake up on time for class. I honestly don’t think in this time period of the world I could even live without technology. It’s everywhere we turn like there no way to escape it. I personally depend on my cellphone the most out of technology. No matter where I’m at I always have with me and this day and age you can do pretty much anything on a cellphone. I basically can use my phone to check my emails to even get an answer for a math problem that I’m struggling with like for example when I’m in my math class instead of doing a simple problem like 2+2. I would go to my calculator on my phone to get the answer knowing that I could answer the question in my head. It’s almost like technology has made us handicapped when it
Does Society use technology to create jobs or destroy jobs?
Today often a person needs to attend some form of school. Whether it is a military school, a vocational center or a traditional college, people who obtain advanced skills are able to adapt with technology to find the new jobs created when said technology eliminates other opportunities.
Negative Essay: Robots: Taking Over Humans Jobs
A 2014 Oxford study found that the number of U.S. workers shifting into new industries has been strikingly small: In 2010, only 0.5 percent of the labor force was employed in industries that did not exist in 2000. The discussion about humans, machines and work tends to be a discussion about some undetermined point in the far future. But it is time to face reality. The future is now. (UPI Top
Persuasive Essay On Technology In Schools
In today’s educational system it is hard to picture one without the use of technology. The time period of our world now is known as the digital age, this is the shift from the traditional industry, to an economy that consists of technology and computerization. “As we
Laptops Become More Common in Everyday Life
Long ago, people were simple and didn’t have many technologies. They used to take so much time in planning their projects, researching, and saving and recording their studying. Look around, this world changed a lot. There are cars, airplanes, computers, and many other technologies. Technology can be found everywhere, and we use depend on it a lot. One of the most important technologies is computers and laptops. Many people use them today in their daily lives and it eases many things for them.
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According to Vikram (7), technology refers the application of scientific knowledge and skills for practical purposes in diverse fields such as industries, education, and agriculture among other fields. Technology is therefore an organized knowledge for practical purposes in human day to day life.
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Today's society seems to be relying more and more on technology. Computers are being placed in almost every machine placed on the market today. That brings to our attention that in the future things aren't going to change. Technology will increase as jobs may decrease and as the need for people with degrees in Computer Science and Engineering become most valuable to the labor industry. With all of this technology booming going on, where does education go in the middle of all of this? Does technology hold a position in education? Better yet, does education hold a position in all of this technology? I will answer these questions and more in following pages.
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In a conclusive way, it is more than obvious that internet and technology has given a drastic and dramatic change in the way things are ran in the modern days. Having the social, educational and the professional scope being the most affected, with this revolution of Information technology. Things are not the same from five years ago, or even from last year. Technology is moving at an immeasurable paste, and it still has a lot to offer to society, don’t doubt that what is new today to us will be very old in a few years from now.
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Impact of technology on jobs
In today’s world, the use of technology is inevitable. So instead of cursing it or badmouthing it, we should learn to live with it and make the most out of it. It raises the bar of efficiency, productivity, and safety which is not achievable by humans alone. Also, it will not be for the first time when there will be a shift in employment due to technology. History has been evidence of the fact that technology has been the creator of jobs than the destroyer.
The industrial sector all over the world is adopting technology for higher efficiency and productivity. Machines can reduce the production of default products to a fault and also decrease the production time. Although, this may lead to job loss for the unskilled and semi-skilled labor if they remain uneducated and untrained. But if they become skilled through training and development programs, there would be better job opportunities. Workers will have more employment opportunities if their occupation undergoes some degree of computer automation. As long as they can learn to use the new tools, automation will be of their benefit.
For example, when ATMs automated the tasks of bank tellers and when barcode scanners automated the work of cashiers, rather than contributing to unemployment, the number of workers in these occupations grew. With the advent of new technologies industry, experts see the need for skilled workers increasing in the short run and persisting for at least another decade. The experts call for training programs with a new curriculum and certifications to standardize emerging job classifications. Technological innovations result in improved lifestyles. If we take the example of 3D printing technology, building houses by 3D printing is a great technological innovation. This innovation will create more affordable homes hence, more and more people may want to buy a house. And so, with more consumers, more houses will be built and hence will create so many jobs but of a different kind.
Technology changes the nature of jobs but it does not completely cause unemployment. Therefore, there is no need to cause panic rather prepare for the future by constant updating and learning.
best of hi-tech tools - their max usage -- irrespective of high costs.. can be seen in our lucrative politics... how nicely they are applied.. towards...
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Technological Advancements and Job Growth
Advancement in Technology has, to a larger extent, eliminated different forms of jobs in the recent past. Job automation technology coupled with globalization has been the principal force behind the moribund wages together with diminished prospects of most workers around the globe. Within the next 25 years, job growth is highly likely to suffer and the official unemployment rate will remain at 10%. Economists are projecting that the job markets will take several years to improve (National Research Council, 2001).
According to Coffey& Dunphy (2001), information technology accelerates at a higher rate, in most cases doubling after every two years. It is therefore anticipated that within the coming years we are likely to experience a more striking progress. Automation will not just affect the low wage and uneducated workers but it is likely to affect a larger portion of the workforce. The population of humans increases with time. Therefore it is expected that with the advancement in technology, the rate of unemployment will be on an upward increase. Cross (1999) argues that technologies like artificial intelligence, software computerization application and machine learning will increasingly facilitate machines to perform jobs which need significant training as well as education. College leaving individuals who are prepared to work based on the knowledge they have acquired in class may find the going tough not just by the low levels of payment but also machines as well as software algorithms which are used to carry out sophisticated examination and making of decisions (National Research Council, 2001).
Presently there is continuing progress in manufacturing and automation together with the introduction of advanced commercial robots which are continuously plummeting opportunities for lower-skill labour force personnel. The progress in the level of technological advancement is relentless. At a certain time, both machines and computers will eventually come to a point where they will exceed the traditional worker aptitude to carry out most routine work. The end result is likely to be what is commonly known as structural unemployment which ultimately impacts the workforce in practically all levels (Waldeck, 2000).
According to recent research, human beings are living longer and the retirement age is also increasing. Coupled with the advancement in the level of technology which has led to downsizing, unemployment will be a common place issue. The records indicate that a good number of people are working beyond the age of 65 with an aim of boosting their income in retirement. It is important to note that with this kind of scenario, job growth will be adversely affected and unemployment will always be a factor due to humans living longer and spending much of their time working before retirement (Cross, 1999).
In the past, the progression in the level of technology has characteristically impacted a single employment sector at a time. This has always helped in leaving other sectors for transition purposes. It is not going to be like that this time round. Increasing levels of information technology will provide a completely exceptional level of work aptitude which can be applied almost everywhere within the economy. As the contributors of technology come up with innovations, automation will most likely become more affordable and accessible in almost all the sectors of the economy. Incase there is a possibility of saving money through automation; competition pressure will always force companies to move in that direction (Shultz & Adams 2007).
National Research Council (2001) argues that tthough there will always be jobs that cannot be automated, the reality on the ground is that a larger percentage of workers in the country are employed in jobs that are essentially routine and repetitive in nature. A large number of these jobs are going to be vaporised by the increasing level of technology in the coming years. The availability of the advancing technology is a clear indication that the chances of new employees being absorbed into new sectors are minimal.
Khosrowpour (2000) notes that when the level of unemployment increases and wages fall, there is a likelihood of unrestricted consumer spending and confidence will most likely fall. The consequential effect is a descending economic cycle which will prove to be highly difficult to reach. At some given threshold, business models of larger markets are likely to be endangered due to the fact that there would simply be a larger number of possible consumers to buy the available products. Extraordinary levels of defaults in payment of the existing debts, plunging asset values will be easily seen.
Many people will use and publicize the high level of modern technology for a good number of its achievements and advancement. The reality is that it has continuously affected the society in general in a negative way. Advancement in the level of technology have, to a larger extent, affected various sectors of the economy and in most cases, forces a number of business to shut down. The resulting effect of increasing automation is likely to bring about a massive economic, social, and political face up over the coming years. Technological advancement is increasingly replacing human labour (De Ferranti, 2003).
The increasing level of advancement in the level of technology proves to be a greater challenge in the current society. Basing on the number of people losing their jobs, possible reforms that are aimed at addressing to the issue should invented as soon as possible. The reality is that the problem is potentially unsettling. The labour force should be well prepared in cases where technological change requires specific skills needed to deal with the changes. This will ensure that workers are not detrimentally affected by the introduction of new technology.
Coffey, M. & Dunphy D. C. (2001). Technology and the workforce . Michigan: Technology Research Unit, N.S.W. Ministry of Technology for the Dept. of Organizational Behaviour.
Cross, M. (1999). Managing workforce reduction: an international survey . London: Routledge.
De Ferranti, D. (2003). Closing the gap in education and technology . New York: World Bank Publications.
Khosrowpour, M. (2000). Challenges of information technology management in the 21st century: 2000 Information Resources Management Association International Conference, Anchorage . Alaska: Group Inc (IGI).
National Research Council (2001). The changing nature of work: implications for occupational analysis. Sydney: National Academies Press.
Shultz K.S. & Adams G. A. (2007). Aging and work in the 21st century : Series in applied psychology . London: Routledge.
Waldeck, N. E. (2000) . Advanced manufacturing technologies and workforce development. Garland studies on industrial productivity . New York: Garland.
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