Should our professor be afraid of her job ?
Emerging information technologies have changed the world. With the development of mobile devices like mobile phones, tablets and smart watches in combination with a still growing internet network anyone is connected anytime, anywhere and anyplace. In this connectivity, users do not only consume but also generate vast amounts of information. Sounds not that bad at all, having access to information available anywhere and anytime! But what about the other side of the coin? Is knowledge becoming less valuable ?
Based on the past, every revolution costs jobs ,so does the digital revolution. It seems obvious to anyone who studies BIM that robots and software can replace people, but the digital revolution goes further than ever before. As a consequence of automation and digitalization jobs are taken over by for example digital agents, mobile applications or web applications. Which means this time, it does not only affects ‘unskilled jobs’ but the huge middle-class workforce and even professions such as law, financial services, education, and medicine.
To give you a feeling over jobs that already been changed or even displaced by disruptive technologies.
Besides the fact that Digital technology also creates new jobs and interesting products, this time it destroys more jobs than it creates. But why does the digital revolution present such a threat to our work force?
From an economical point of view, productivity is an important indicator. Productivity can be measured by the amount of economic value created for a given unit of input, such as an hour of labor. It is a measure of progress and the creation of wealth. As businesses generated more value from their workers, the country as a whole became richer, which fueled more economic activity and created even more jobs. But since 2000 there has been an break-up between productivity and job creation.
Thereby I would like you to think about a broader trend Brynjolfsson and McAfee noticed : “The rapid acceleration of technological progress, they say, has greatly widened the gap between economic winners and losers” in other words, income gaps will widen, causing huge social dislocation and perhaps even changing politics.
The main question to me is, are we ready to deal with the effects of nowadays technology on the labour market and the consequences society will have from it?