The big question of our time is: will robots take our jobs? So much so that the tabloids are talking about it. A tangible, accessible expression of the fears of modern man. Yet the fear of the new, of change, of progress, is a fear that is as old as humanity itself. Reducing risks and prioritizing safety have been the motivations that have ensured man’s long-term survival, from the idea of ‘storing wood and grain for winter’ to the mission ‘we should have a vaccine against epidemics’.
At Codecool, we like sober assessments, predictions, and forecasts that are a notch above cautious. We offer you one of these on the above topic. Although the analysis is based on robotization and digitalization developments between 2010 and 2018, its labor market conclusions may be valid for the 1920s.
They found that women close to retirement are most at risk of having their jobs taken over by robots and, crucially, have little chance of finding a new occupation or position.
At the same time, young, low-skilled, male manual workers performing routine operations are not safe either.
However, an exciting study finding is that the employment rate for women aged 20 to 48 in knowledge-based, thinking occupations has increased!
Another important detail is that while robotization itself does impact employment rates, digitalization—i.e., IT tools and software that help people do their jobs—improves rather than reduces employment rates.
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