How does automation affect job availability in industries? 5 answers
Automation’s impact on job availability in industries is a multifaceted issue with contrasting views. While some predict job losses due to automation , others suggest that automation can actually lead to higher labor demand at both the firm and industry levels . Studies indicate that automation does not necessarily cause a net loss of employment overall, but low-skilled workers in routine jobs may face job displacement, emphasizing the need for new skill sets and specializations within occupations . The transformation to digitalization and automation of production equipment can result in […]
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