What is the impact of technology on employment
Trace the effects of technology on employment patterns and its impact on the job market.
- Automation: With the advancement of technology, machines and robotics have replaced many manual jobs, leading to unemployment for those who were performing them.
- Increased efficiency: Technology has improved the efficiency and productivity of various industries, leading to the creation of new jobs. Businesses can now reach more customers through the internet, leading to the creation of e-commerce jobs.
- Remote work: The rise of technology has allowed people to work from anywhere. This has created many remote job opportunities for people and has boosted the demand for professions such as web developers, content writers and virtual assistants.
- Digital Transformation: The adoption of technology by businesses has led to the creation of new job positions to manage and run their online operations.
- The skills gap: Technology has brought about a skills gap, where employees have had to keep up with changing technological trends. Those who have failed to adapt have found it harder to find employment.
Answered
a year ago