- Increased job displacement
- Shift in job skill requirements
- Creation of new job opportunities
Increased job displacement
Job automation is expected to displace a significant number of workers in various industries, particularly those in routine and repetitive tasks. This could lead to unemployment and underemployment for those who lack the necessary skills to transition to new roles.
Shift in job skill requirements
As automation continues to advance, the demand for technical and digital skills is likely to increase. Workers will need to adapt and acquire new skills to remain competitive in the job market. This shift may also lead to a growing skills gap and potential challenges for certain segments of the workforce.
Creation of new job opportunities
While automation may eliminate certain roles, it is also expected to create new job opportunities in emerging industries such as artificial intelligence, robotics, and data analysis. Workers who can adapt to these changes and acquire relevant skills may find themselves in demand for these new roles.