The impact of new technologies on the labour market and the social economy

"This study investigates the relationship between innovation, new technologies, employment and inequality. Today, there is an intense discussion on these topics, in particular on the employment effects of new information and communication technologies. Based on the existing literature and exper...

Full description

Bibliographic Details
Main Author: Dachs, Bernhard
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2018
European Parliament
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19397115124911153979-The-impact-of-new-technologies.htm
_version_ 1771659893981315073
author Dachs, Bernhard
author_facet Dachs, Bernhard
collection Library items
description "This study investigates the relationship between innovation, new technologies, employment and inequality. Today, there is an intense discussion on these topics, in particular on the employment effects of new information and communication technologies. Based on the existing literature and experience from previous technological revolutions, the study strikes an optimistic note about the future. It argues that innovation is labour-friendly: it destroys, but also creates employment. In previous times, the race between job creation through product innovation and job destruction through process innovation has been won by the job-creating effects of innovation. As a result, the author does not expect that digitalisation will lead to mass unemployment. However, in his view, the costs of digitalisation are unevenly distributed due to the skill-biased nature of technological change. Low-skilled workers, who face a higher risk of job displacement, are therefore particularly likely to bear much larger costs than others. Another group at risk are those whose occupations involve a high share of routine tasks, which is particularly the case in the service industries. The study concludes that the challenge of the future lies in coping with rising inequality as a result of technological change."
format TEXT
geographic EU countries
id 19397115124911153979_028a9b3f94c8462e8b27ab47962e04d2
institution ETUI-European Trade Union Institute
is_hierarchy_id 19397115124911153979_028a9b3f94c8462e8b27ab47962e04d2
is_hierarchy_title The impact of new technologies on the labour market and the social economy
language English
physical 59 p.
Digital
publishDate 2018
publisher Brussels
European Parliament
spellingShingle Dachs, Bernhard
technological change
digitalisation
innovation
labour market
employment
social inequality
The impact of new technologies on the labour market and the social economy
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=132927995010
title The impact of new technologies on the labour market and the social economy
topic technological change
digitalisation
innovation
labour market
employment
social inequality
url https://www.labourline.org/KENTIKA-19397115124911153979-The-impact-of-new-technologies.htm