Critical Analysis: Technology, Job Creation, and Economic Growth

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This report presents a critical analysis of the impact of technology on job creation, arguing that technology has created more jobs than it has destroyed. The analysis is structured around a case study, beginning with an overview that highlights the co-existence of machines and humans in the tech era, and the rise of "uberisation" leading to a more flexible job market. The report then summarizes key points, such as the decline of dangerous jobs and the rise of care industry jobs. A critical analysis follows, providing detailed insights on the decreasing hard labor jobs, the increase in care industry jobs, and the growth in communication-based jobs. The analysis uses the research conducted by Deloitte in UK and also explores the potential negative impacts, such as increased focus on leisure activities and reduced emphasis on hard work. The report uses references from Allen (2019), Bruun and Duka (2018), and Sardeshmukh, Sharma and Golden (2012) to support the arguments.
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RUNNING HEAD- CRITICAL ANALYSIS 1
NAME OF THE STUDENT
NAME OF THE COLLEGE
SUBMISSION DATE
COURSE ID
TITLE-
CASE STUDY
TECHNOLOGY HAS CREATED MORE JOBS THAN IT HAD DESTROYED
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CRITICAL ANALYSIS 2
PARAGRAPH A – OVERVIEW
The following research essay describes that the number of jobs created have been more
than the number of jobs destroyed because of technology. Artificial intelligence pr AI has been
announced a threat to the world for creating unemployment amongst the public in the countries but
here, it is described that technology creates more jobs than it destroys because of its presence. The
tech era has been around 50years old and it has been found machines and men have to coexist so as
to prosper the economy of the world. As the bots have taken away a large number of IT jobs, but t
has created the era of uberisation which stands opposite to the permanent jobs and supports a
wider network of people working on one speciality. This not only makes work easier but a faster
process for the companies to grow faster.
The new era of remote workforce, located anywhere in the world could be managed with a
touch a technology. This mind shifting process might take some time but it will develop a goal
oriented economy with negligible control over the statistics. The census data from the research
conducted by Deoitte in UK shows that technology has helped the humans in lowering the cost of
the requisites and saved more of it as savings and leisure. Not just in te IT sector, but also helped in
the ease of living architecture, recruiting washing machines in place of man’s hard work. It has
boosted the jobs in the knowledge intensive sector, where communication is on the accelerating
pace of revolution. As the computers are going to take up the various sectors under its control, man
would be free to do more specialist jobs like, social work, emergency crew etc, which can never be
replaced by a computer. Cheaper goods would get man spend on leisure and invest on better
sectors. Improved IT education will make man power much more skilled than before, creating a
talented workforce for the development of the future (Allen, 2019).
PARAGRAPH B – SUMMARY
The following research displays a number of points describing how technology has created
more jobs than it has destroyed. Firstly, dull, dangerous and hard jobs have been declined in these
years of improving technology. Example- agriculture, launderers, machine operators. This has set a
safe and a profitable time saving agenda for the companies and the public. Secondly, it has created
opportunities for the people to choose more of care industry jobs which involves them into
professional training and outsourcing aid to the needy ones. It has been found that technology has
helped in boosting communication extensive industry with a growth in knowledge intensive sectors.
People are now, more relaxed about the savings and leisure instead of spending high amounts on
the various services available for humans (Allen, 2019).
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CRITICAL ANALYSIS 3
PARAGRAPH C – CRITICAL ANALYSIS
The following research provides a clear knowledge of the points on how technology has
helped man in creating jobs more than it has snatched away. This has been proved by giving pointers
on decrease in the hard work enabled, dangerous and dull jobs from 6.6% to 0.2% at the present
day. But, the research paper lacks in a clear details on the issue, that whether decrease in man
power of the nation is a positive aspect of growth or not (Bruun and Duka, 2018). It also shows the
increase in the number of people getting involved in the care industry which stands at a 909% rise in
the nursing assistants and auxiliaries in United Kingdom. From a drop in the number of weavers,
knitters and company secretaries, people have grown to professions like teaching, social welfare and
care workers which shows a good shift of economy from non taxpaying population to taxpaying
population, resulting in a growth in GDP. Another positive aspect justified in the research is about
the growth in communication based structure which involves knowledge intensive jobs to support a
large number of youth to get involved in education for getting into a job in the country. This has
increased the importance of education in the lives of people, making countries grow at another level
(Sardeshmukh, Sharma and Golden, 2012). Lastly, the report shows an increase in the amount of
money spent on the leisure activities than spending on consumption and fulfilment of basic needs
which somehow can end up adding more people grow insensitive about a man’s needs and
responsibilities, making them shallow in terms of respecting hard work (Allen, 2019).
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CRITICAL ANALYSIS 4
REFERENCES
Allen, K. (2019). Technology & People. [online] Deloitte United Kingdom. Available at:
https://www2.deloitte.com/uk/en/pages/finance/articles/technology-and-people.html
[Accessed 19 May 2019].
Sardeshmukh, S., Sharma, D. and Golden, T. (2012). Impact of telework on exhaustion
and job engagement: a job demands and job resources model. New Technology, Work and
Employment, 27(3), pp.193-207.
Bruun, E. and Duka, A. (2018). Artificial Intelligence, Jobs and the Future of Work:
Racing with the Machines. Basic Income Studies, 13(2).
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