A fabulous debate on the Topic = Is Technology rising unemployment rates
Answers
Answer:
Technology is not causing unemployment. It is just shifting human labour towards different kinds of jobs. ... With the advancement in technology, people no longer need to do repetitive tasks, and hence more creative companies have born, giving employment to many.
The development and adaptation of digital technologies may cause structural unemployment in many industries because of massive automation. Thus, in a short time, the supply of labor will not correspond to the demand.
In general, since the technological changes make it possible to produce in lower costs, a direct effect of innovation is technological unemployment. ... Autor (2015) states that there is no long-run increase in unemployment caused by technological progress but changes in technology affect the types of jobs available.
As previously stated, the relationship between innovation (measured as spending on science and technology) could have two effects on the unemployment rate: either it increases it due to the automation of tasks previously performed by humans, or it decreases it because of growth in production levels that may require ...
Answer:
Technology is not causing unemployment. It is just shifting human labour towards different kinds of jobs. ... With the advancement in technology, people no longer need to do repetitive tasks, and hence more creative companies have born, giving employment to many.
Explanation:
I am good . what about you after many days ...?