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IOE BRIEF: Understanding the Future of Work

Tuesday, 25 April 2017   (0 Comments)
Posted by: Zina Girald
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Today, many studies show that technology is being adopted at an exponential rate, replacing middle-level skills that were once considered uniquely human and placing the world of work in a state of flux. Dynamic processes such as digitalisation, the growth of the digital economy and technological advances, coupled with profound changes in the organisation of work, globalisation, demographic change, environmental challenges, as well as new ways of organising the production of goods and the delivery of services, provide a myriad of opportunities to society while at the same time presenting considerable challenges. Rather than decisively predicting a future scenario of massive job losses, recent analysis indicates that in general terms new technological changes will not necessarily or directly lead to high unemployment, but will undoubtedly require workers to learn and update skills much more quickly than in the past. The key difference compared with earlier technological revolutions is the speed of transformation enabled by the pace of new learning capacities of machines and the fact that, this time around, automation is affecting the service sector intensively. Click here for more information.

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