Topic > The impact of technology on the future of work

Over the years, work and industry have developed greatly and created numerous opportunities that would never have been considered when the concept of "work" was was initially introduced. There are three main "events" that have followed one another over the last two hundred years to reach our society today, as well as in the future. The first is the industrial revolution of 1765; this period of time witnessed the emergence of mechanization. Mechanization allowed industry and machinery to replace agriculture as the basis of society's economic structure. Then followed the second and third revolutions in the 19th and 20th centuries, characterized by new technological advances, the creation of new industries, and the beginning of an era of high-level automation in production. Society has seen a rapid and impactful “shift” from labor-intensive sectors, such as agriculture, to areas centralized by technology to automate production. All three revolutions have seen improved living standards, rising wages and an increase in the number of workers – however, will this be the same in the future of work? Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayA fourth industrial revolution is clearly underway in today's world, building on this digital revolution that has taken place over the past few decades. Today's work is focused on the idea of ​​emerging technologies disrupting industries around the world. Our society has progressed to become one where, today, the concept of "a job for life" is no longer so true. This was very common a few years ago; a world where stability and security were held in high regard. The 1990s, however, was the decade that saw a boom in the IT industry, leading to a decline in the visibility of this concept. Changing careers has been shown to have a number of never-before-seen benefits, such as career development, better opportunities and diverse experiences. Nowadays, this idea is almost non-existent as “Generation Z” is the one occupying the market. Frey and Osborne's 2013 study has been cited in over 4,000 academic articles. They modeled the characteristics of 702 occupations and ranked them based on their “susceptibility to computerization.” The algorithm-based model concluded that 47% of American jobs (including those in sales and office administration) fell into the “high risk” category. For example, one of the occupations classified by the study as “automatic” was that of waiters and waitresses. This was proven correct in 2016 with the opening of the waiterless restaurant chain "Eatsa". Frey and Osborne's study also showed that the potential scale of automation is enormous, similar to the period before the Second Industrial Revolution, when electricity and the internal combustion engine made many of the jobs that existed in 1900 redundant. However, countries have taken different approaches to automation. According to the International Federation of Robotics, “robot density” (i.e. the number of industrial robots per 10,000 manufacturing workers) in Britain was 85 in 2017, compared to an average of 106 in Europe and 710 in South Korea Additionally, many studies have found that skills that are likely to be required in the automated world include interpersonal skills, cognitive skills, and emotional intelligence skills. Please note: this is just an example. Get a custom paper from our expert writers now.Download a.