Technological Progress has transformed living standards.
expectancy has gone up, basic health care and education are widespread,
and most people have seen their incomes rise.
Yet, fears of robot-induced unemployment often dominate
over the future of work.
World Economic Forum
Robot-induced unemployment appear to be unfounded.
Instead, the future of work is driven by the competing forces
automation and innovation, the other ‘AI.’
Technological enables growth
created 23 million
European jobs from 1999-2016
as firms to automate (replacing labour with machines production) and
to innovated (expanding the number of profitable sectors, tasks, and
Changing Nature of Work
focuses on the
changing nature of the firm,
its impact on skills and the terms
on which people work,
and how government policy should response.
Nature of work changes have been more
in more developed labor markets
where the uptake and
penetration of technology are greater.
Better lifelong learning,
from early childhood development
through adult learning programs,
may help some workers make required
A Gig economy needs only a broadband
to trade worldwide.
A physical presence is not needed.
Products created abroad generate domestically owned value.
Companies locate assets/profits based
on tax benefits.
Foreign investments more easily compete with domestic
Less domestic capital accumulates.
2. Gig technological accelerate firm growth.
Fewer employees and tangible assets are needed to generate
Increased employment volatility results from world-wide Gig
3. Demand for middle skills drops
technology replaces workers.
Demand for advanced skills increases as cognitive skills,
behavioral skills and adaptability skills increase in
4. Gig economy worker requirements remains
Data from Germany and the Netherlands indicate that Gig workers
make up only 0.4% of the labour force.
World-wide demand is less than 3% of the global labour force.
Two-thirds of 57.3 million freelancers the US hold a
5. A Gig economy blurs the divide
formal and informal work.
Typically low-productivity workers are employed where labour
are unclear on employer versus employee responsibilities.
This group of workers often lacks access to benefits so a
severance pay, formal wage employment contract, social
and other social protections are nonexistent.
Government responsibility has changed
increased employment volatility cause by the Gig Economy.
The Changing Nature of Work,
5 ways Denmark is preparing for the future of work, and
The working world is changing, thanks to freelancers