Shifting employment due to technological Advancement

1. 1.7 Shifts in employment due to technological advancement
• Technology is a growing thing.
• Analyzing the growth of technology, it has always affected the lifestyle and
employment of people.
• From the stone age to now, changes in the pattern of employment has
occurred drastically.
Information age employment
Stone and iron Age Equipment
Source: cnet.com Source: twave.com

2. Jobs in Stone Age, Industry Age
Stone Age
• Hunter-gatherer Economy: Humans relied
on hunting, gathering, and basic
agriculture for sustenance.
• The primary jobs revolved around survival
and meeting basic needs.
• Jobs included hunters, gatherers,
toolmakers, craftsmen, and fire tenders.
Industrial Age
• The focus shifted from agrarian economies to
industrialization.
• Rise of factory-based jobs such as factory workers,
machinists, mechanics, and assembly line workers
• As industries grew, there was an increasing need for
specialized skills like engineers, technicians,
managers, accountant.

3. Jobs in Information Age
• Characterized by rapid advancement of technology, digitization, and the
widespread availability of information.
• With the rise of computers, the internet, and digital technologies, jobs
related to information technology (IT), software development, data
analysis, cybersecurity, and digital marketing emerged.
• As the economy became more information-driven, there was a greater
demand for knowledge workers
• The Information Age also witnessed the growth of remote work and the
gig economy. Freelancers, consultants, and remote workers leveraged
technology to work independently or on-demand

4.  The beginning of civilization which is called agricultural age, employment of people was as an agricultural
worker.
 With technological advancement, employment of people shifted from agricultural worker to factory worker
in industrial age.
 With further advancement in technology, the employment of people shifted to as a knowledge worker in
information age.
 The Shift in employment is mainly due to advancement in technology.
Source: pikwizard.com Source: pikwizard.com Source: pikwizard.com
Summary

5. Major Technological Advancements:
•Internet and IOT.
•Automation
•Artificial Intelligence (AI)
•Robotics
•Machine Learning
•Social Media
These advancements in the Information Age have shaped the way we access information,
communicate, conduct business, and interact with technology.
 They continue to drive innovation, reshape industries, and provide opportunities for further
development in a digitally connected world.

6. Automation and Job Displacement
Automation in
Manufacturing
• The adoption of automated systems and
robotics in manufacturing has led to
significant job displacement.
• Many routine tasks that were once
performed by humans are now handled
by machines, increasing efficiency but
reducing the need for human workers.
Automation in Service
Industry
• The service industry has also witnessed
job displacement due to automation.
• Self-service kiosks, chatbots, and
automated systems have replaced certain
roles previously held by human
employees, impacting employment levels
in sectors such as retail, hospitality, and
customer support.

7. • Employment is shifting from blue collar industries to high-tech industries by replacing manual labor with
machinery and advanced equipments.
• Self-service kiosks, chatbots, and automated systems have replaced certain roles previously held by
human employees
Source: quora.com Source: ford.com
Worker welding machinery parts Worker assembling vehicle with advanced machinery
Source: scnsoft.com
Source: scnsoft.com
Chatbot service Kiosk Service

8. Which industry sectors could see the highest rates of
automation?
Source: PIAAC data, PwC analysis

9. • Technology is conventionally thought to have eliminated the need for many labor jobs as the new
equipments can provide the necessary replacement.
• On the other hand recent study shows that technology has created more jobs than it has eliminated.
• According to a report by the World Economic Forum, automation is expected to displace around 75
million jobs by 2025
• On the other hand, it will create around 133 million new roles.
• The rise of the gig economy and freelance work is also attributed to technological advancements.
Robots work on Tesla car Workers handling customers at shopping mall
Source: tesla.com Source: wallmart.com
Do you think new technology could cause mass unemployment?

10. Source: vox.com

11. Conclusion
Technological advancements are reshaping the employment landscape, bringing both challenges
and opportunities.
While automation may lead to job loss in some areas, it also creates new job opportunities and
and the long term net effect should be positive for the economy as a whole.
The workforce needs to adapt and acquire new skills to thrive in an increasingly technology-
driven world.
Business and government need to work together to ensure that as many people as possible
share in the benefits from these new technologies.

12. Thank you for listening!