Digitalisation will leave an impact on the future of work

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WITH technology becoming faster, smarter and cheaper, it is only a matter of time before jobs that thus far were done only by humans will either be done in newer ways using human and machine collaboration or will be entirely redesigned and automated. Read more at The Business Times.

According to various surveys and studies, millennials and Gen Zs consider flexibility in hours and location among their top priorities when looking for and evaluating a job.WITH technology becoming faster, smarter and cheaper, it is only a matter of time before jobs that thus far were done only by humans will either be done in newer ways using human and machine collaboration or will be entirely redesigned and automated.

While jobs might be created with the advent of automation, in many cases, those losing their jobs might not be able to retrain fast enough to capture the jobs being created. Companies could be required either by legislation or stakeholder pressure to provide some level of social safety net or financial security to workers displaced by technology.

 

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