Is Technology Rising Unemployment Rates?

Is technology rising
unemployment rates

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Annotated Bibliography...............................................................................................................1
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
The way in which humanity has progressed in terms of innovative and hi-tech technology
over the past few decades has been instrumental but many have co-linked this progress to
growing rates of unemployment. This report will include an annotated bibliography which will
highlight whether or not rise in technology is affecting unemployment rates or not.
MAIN BODY
Annotated Bibliography
Source – McClure, P.K., 2018. “You’re fired,” says the robot: The rise of automation in the
workplace, technophobes, and fears of unemployment. Social Science Computer Review, 36(2),
pp.139-156.
Annotation – In order to form a proper opinion and well-structure argument related to the
connection of technology and the rise in unemployment rate across the globe, it is very important
to first understand the basic premises surrounding the issues. This source is peer review and is
very well structured in its argument that there is a palpable connection between the way in which
technology is progressing and people’s growing fear of unemployment. According to McClure,
there has been a significant increase in the rise of technophobes in the global society which refers
to the people who suffer from depression and consequent anxiety due to the fear of losing the
jobs one day due to rise of automation and smart systems like A.I.
Source - Hötte, K., Somers, M. and Theodorakopoulos, A., 2022. The fear of technology-driven
unemployment and its empirical base.
Annotation – In order to understand the way in which the rise in technology is connected to the
consequent rise in unemployment across the globe, it is important to establish the relationship
between both these phenomenon using global scale data. This source has been peer reviewed and
contains various key insights in relation to unemployment and rise in technology and is very
well-structured in its arguments. According to Hötte, Somers and Theodorakopoulos, the way in
which technology has been misunderstood and connected to the rise in unemployment cannot be
justified on the basis of the current available pool of data. There are no current net negative
effects of technology on unemployment and with the advancement of technology, there is a net
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