- Job displacement and retraining needs
- Shift in job skill requirements
- Economic inequality and job polarization
- Impact on mental health and well-being
Job Displacement and Retraining Needs
As job automation continues to advance, there will be a significant displacement of workers in various industries. This will necessitate the need for retraining programs to equip workers with the skills required for new roles in the workforce.
Shift in Job Skill Requirements
The long-term impact of job automation will lead to a shift in job skill requirements, with a greater emphasis on technical and digital skills. Workers will need to adapt and acquire these skills to remain competitive in the job market.
Economic Inequality and Job Polarization
Job automation may exacerbate economic inequality, as low-skilled workers are more likely to be displaced by automation. This could lead to job polarization, with a growing divide between high-skilled and low-skilled workers.
Impact on Mental Health and Well-being
The long-term impacts of job automation on the workforce may also have implications for mental health and well-being. Job insecurity and the stress of adapting to new roles could take a toll on workers, necessitating support and resources to mitigate these effects.