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labour market

Digitalization: The Labour Market Changes

Digitalization: The Labour Market Changes

Enzo Weber
Public discussions on the future of labour in the era of digitalization are dominated by notions of self-driving cars, factories without workers or fully automatic logistics. This creates fears of mass destruction of jobs and shrinking employment rates in the future. At the same time, it has led to intense debates on an unconditional basic income: While productivity would rise, a substantial drop in the number of jobs would question the income distribution mechanism our working societies are currently built on. This article argues that while replacement of existing jobs - or at least tasks - by technology will happen and has always happened, this is only one side of the coin. The future of labour markets will be more complex. This is discussed in a macroeconomic, firm and international dimension.
Industrie 4.0 Management | Volume 35 | 2019 | Edition 6 | Pages 62-66 | DOI 10.30844/I40M_19-6_62-66
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  • Artificial Intelligence
  • Functions
    • Start-up Management
    • Maintenance
    • Logistics
    • Assembly
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    • Training
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  • Management
    • Services
    • Dynamics
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    • Strategy
    • Profitability
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