At present, the economies of developed countries are entering the period of the fourth technological revolution known as Industry 4.0.
The previous three technological revolutions:
1. The industrial revolution of the eighteenth and nineteenth centuries, determined mainly by the industrial application of the invention of a steam engine.
2. Electricity era of the late nineteenth century and early twentieth century.
3. The IT revolution of the second half of the twentieth century determined by computerization, computerization, the widespread use of the Internet and the beginning of the development of robotization.
The current fourth technological revelation, known as Industry 4.0, is motivated by the development of the following factors:
- artificial intelligence,
- cloud computing,
- machine learning,
- Big Data database technologies,
- Internet of Things.
In every previous technological revolution, the same question was repeated many times. However, economies developed and changed structurally and labor markets returned to balance. Periodically, short-term economic crises appeared, but their negative economic effects, such as falling income and rising unemployment, were quickly reduced by active state intervention.
It seems to me that self-malting and robotization, IT, artificial intelligence, learning machines will change the labor markets, but this does not necessarily mean a large increase in unemployment. New professions, occupations, specialties in these areas of knowledge and technology will be created. Someone, after all, these machines, robots, etc. must design, create, test, control, and implement into production processes.
Therefore, I am asking you:
Will the technological development based on self-mulization, robotization, IT development, artificial intelligence, machine learning increase unemployment in the future?
I invite you to the discussion
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