With forecasts that nearly half of jobs in advanced
economies may be automated out of existence,
excitement at the prospects of what the World
Economic Forum says is a Fourth Industrial Revolution
is tempered by worries that people will either lose their
jobs to robots and machines, or be unable to find
suitable work in the new digital age.
Before reaching conclusions about the future, it is
important to understand the different ways technology
is changing the world of work: job substitution, job
creation and job transformation.
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