What is Technological Unemployment? What is Technological Unemployment?
Technological unemployment is a phenomenon where advancements in technology , such as automation and artificial intelligence (AI), replace human jobs.
This concept has become increasingly relevant as new technologies change the way we work, creating efficiencies but also displacing workers in various industries.The modern economy faces a complex challenge: while technology can streamline operations and open new avenues for innovation , it also raises concerns about the future of employment and the kinds of skills that will be valued.Understanding technological unemployment is important for several reasons. It helps policymakers develop strategies to […]
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