uptrendfinancialsignal
Verified member
The automation of industry as led to a great impact to the labor market and that is what we should we should understand . It causes job displacement in certain sectors but we must understand that it also creates new opportunities for employment in certain industries, especially the emerging industries.
It is important to recognize that automation does not necessarily lead to net job loss because it is a transformation process and it makes certain type of jobs available especially for the people that are skilled in technology. Industry automation makes job execution much more easy for employees and it creates job for certain people as well.
It is important to recognize that automation does not necessarily lead to net job loss because it is a transformation process and it makes certain type of jobs available especially for the people that are skilled in technology. Industry automation makes job execution much more easy for employees and it creates job for certain people as well.
