Since the 18th century technological advances have replaced people in the workplace. With today’s technology this process is happening at a greater rate. Technology is increasingly responsible for unemployment.
To what extent do you agree or disagree with this statement?
In this contemporary era, emergence of technological pieces has successfully overtaken the work being done by manual workers in many firms. Many opine that this change in trend is highly responsible for rising unemployment. I partly agree with this opinion because although deployment of machines is replacing lower pay scale workers like labouring jobs in many workshops but it is not responsible for the unemployment of skilled workers. I will discuss how instalment of machines and other major factors are responsible for unemployment in below paragraphs.
Looking at the unemployment due to machines, many firms are reliant on advanced technology like automated machines for producing goods in lesser time without compromising quality.
Recent analysis by Indian employment organisation, to find the reason behind workers being