- Increased job automation will lead to displacement of workers in certain industries.
- New job opportunities will emerge in fields related to technology and automation.
- Workers will need to adapt and acquire new skills to remain competitive in the job market.
Displacement of Workers
Job automation is expected to lead to the displacement of workers in industries such as manufacturing, transportation, and customer service. As companies invest in automation technologies to improve efficiency and reduce costs, many traditional roles may become obsolete.
New Job Opportunities
On the other hand, the rise of automation will also create new job opportunities in fields related to technology and automation. Roles such as data analysts, robotics engineers, and AI specialists are expected to be in high demand as companies seek to leverage new technologies.
Adapting and Acquiring New Skills
In order to remain competitive in the evolving job market, workers will need to adapt and acquire new skills. This may involve retraining or upskilling to transition into roles that are less susceptible to automation. Skills such as critical thinking, problem-solving, and digital literacy will become increasingly important in the workforce of 2024.