Automation, Inequality and the Future of Work
Webinars Brief 67:2021
Publication Year : 2021

After the industrial revolution, digital technology is something changing the course of the world order. The exponential growth of computing power, artificial intelligence (AI), robots, digitization, the Internet of Things (IoT), and blockchain technology in recent times has impacted every major sector of the economy and is revolutionizing the way we interact and operate businesses. In general, many of these changes have proved to be beneficial in combating contemporary issues of the society i.e., problem aging population, expanding consumer choice, increasing energy efficiency, and simplifying distributed transactions and record-keeping, to name a few. Furthermore, according to experts, it is just the tip of the iceberg and the next couple of decades will witness it on a scale never-before-seen.

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