What is the impact of automation on the job market? 🔊
The impact of automation on the job market includes both positive and negative effects. While automation enhances efficiency and can lead to increased productivity, it often displaces routine jobs, particularly in sectors like manufacturing and customer service. This creates a need for workers to acquire new skills to adapt to changing job demands, leading to potential unemployment or underemployment in certain fields. However, automation also creates opportunities for new job roles and industries, driving demand for skilled positions in technology and innovation.
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