What are the potential impacts of technology on job automation?
The potential impacts of technology on job automation include significant changes to the workforce. Many routine tasks are being automated, which can lead to increased efficiency and reduced operational costs for businesses. However, this also results in job displacement for workers in affected industries. While some roles may be eliminated, new opportunities can emerge in the tech sector and other fields. Additionally, there’s a growing need for upskilling and reskilling to prepare workers for new roles that require more advanced skills, emphasizing the importance of continuous learning.