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    Future of Jobs
    Future of Jobs
    Future of Jobs
    Ebook30 pages20 minutes

    Future of Jobs

    By IntroBooks Team

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    About this ebook

    Times are changing and the labor markets are under immense burden from the collective effects of various megatrends.
    Technological growth and grander incorporation of economies along with global supply chains have been an advantage for several workers armed with high skills and in growing occupations. However, it is a challenge for workers with low or obsolete skills in diminishing zones of employment. Business models that are digitalized hire workers as self-employed instead of standard employees. People seem to be working and living longer, but they experience many job changes and the peril of skills desuetude. Inequalities in both quality of job and earnings have increased in several countries. The depth and pace of digital transformation will probably be shocking. Industrial robots have already stepped in and artificial intelligence is making its advance too.
    Globalization and technological change predict the great potential for additional developments in labor market performance. But people should be ready for change. A progression of creative annihilation is probably under way, where some chores are either offshored or given to robots. A better world of for jobs cannot be warranted – a lot will be contingent on devising the right policies and institutes in place.

    LanguageEnglish
    PublisherIntroBooks
    Release dateJan 30, 2020
    ISBN9781393294672

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      Book preview

      Future of Jobs - IntroBooks Team

      Future of Jobs

      IntroBooks #679

      http://readintrobooks.com/

      Copyright © 2019 IntroBooks

      All rights reserved.

      Preface

      Times are changing and the labor markets are under immense burden from the collective effects of various megatrends. Technological growth and grander incorporation of economies along with global supply chains have been an advantage for several workers armed with high skills and in growing occupations. However, it is a challenge for workers with low or obsolete skills in diminishing zones of employment. Business models that are digitalized hire workers as self-employed instead of standard employees. People seem to be working and living longer, but they experience many job changes and the peril of skills desuetude. Inequalities in both quality of job and earnings have increased in several countries. The depth and pace of digital transformation will probably be shocking. Industrial robots have already stepped in and artificial intelligence is making its advance too.

      Globalization and technological change predict the great potential for additional developments in labor market performance. But people should be ready for change. A progression of creative annihilation is probably under way, where some chores are either offshored or given to robots. A better world of for jobs cannot be warranted – a lot will be contingent on devising the right policies and institutes in place.

      Summary

      Changes are happening across the world at an alleviating speed. Globalization and digitalization are having a significant impact on the lives of people across the world. These changes are also influencing the societies and cultures. Education, distribution of wealth and the jobs are also highly sensitive to such changes. Disruption is no more considered a recluse because this is what can be called as a transformational era.

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