When it comes to doing business, companies still prefer to keep their operations labor-intensive. At least for now.
The Department of Labor and Employment (DOLE) said it has yet to observe any game-changing shift in the local industries toward the so-called fourth industrial revolution with the mainstreaming of new technology like robotics and artificial intelligence (AI).
DOLE’s Bureau of Local Employment (BLE) cited the absence of a new massive displacement in industries that are expected to adapt to such innovation like the manufacturing and business-process outsourcing (BPO).“Companies are required to report anything related to displacement. This gives us a signal [on […]
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