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Understanding technological unemployment - Coggle Diagram
Understanding technological unemployment
Introduction
Technological change is one of the top issues
of the 21st century
and it will produce implications in the labor market.
Businesses are automating workplaces with more advanced technologies
mainly from the fields of artificial intelligence (AI) and robotics
Results
regards causes
-Outdated interantional tax systems
-Skills mismatch
Fast technological change
-Increase inequality
-Less Demand/Consumption:
regard consequenses
-New Economic Sectors
-Fiscal Reform
-Minimum Income
-Change Higher Education:
Causes
as a society
adopt technologies to replace human workers at a faster rate than our capacity of creating
accelerated pace at which the advances in technology are taking
National and international tax systems
control of the technology development agenda
by very few companies located in
a small number of countries
Consequences
negative
increased economic inequality
lack
of minimum living standards for a share of the population.
“useless masses”
left
out of economic production
positive and negative
having more freetime
humanity’s real,
permanent problem
a possible reduction in demand.
less labor is
required to produce the goods needed by people if the demand stays stable.
fiscal risk
the decrease in tax revenues coming from
labor
solutions
causes
augmenting workers instead of replacing them
workers will need to have higher skills, mainly digital skills,
sharing work.
reduce the number of hours in the
working week
consequences
investment in higher education,
government funds and by private companies
Workers should be prepared to learn
the advanced skill sets
Massive open online courses
fiscal reform.
robot tax,
companies
that replace humans with robots pay a tax
Conclusions
future
exclusion of part of the population from society
utopian future
freed from the economic obligations of work,
finding
the true meaning of life
dealing with it
require a joint effort
companies,
governments,
educational institutions,
unions,
workers