Santosh Kumar Dash
Change is good. At least that is what we believe when it comes to technology which makes yesterday’s technology obsolete. If you have Ola/Uber, Swiggy/Zomato, Paytm/FreeCharge/PhonePe, and Flipkart/Amazon in your smartphone, life becomes easy. But such disruptive technological changes too have unpleasant effects.
First, it leads to rise in unemployment. Nobel prize-winning economist, Joseph E Stiglitz believes that rapid technological changes pose bigger challenges to employment creation in short to medium-run. Low-skilled workers face biggest risks in future as firms around the globe adopt new-age technologies like automation, artificial intelligence, robots and e-commerce firms. They challenged brick […]