Source: Career One Future of Work
Jobs
Technology does not destroy jobs — it ends certain tasks in a job. Further, rising demand, in a fast-growing economy for instance, offsets and compensates the job losses arising due to automation. Together, technological change and rising demand create new occupations and industries. These theoretically-robust, but practically counter-intuitive, arguments come from the recently-released Asian Development Outlook 2018 that backs these postulates with the might of rigorous research.Take the bank teller. The introduction and the subsequent mushrooming of ATMs have turned the bank teller virtually extinct. But the report also argues […]
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