Abstract
Research background: The future of work is undoubtedly one of the toughest challenges faced by many researchers and managers all over the word. The new era in digital globalization and smart digitalization, the trends in robotization and artificial intelligence have changed the labour market. Due to accelerated technology, many companies are ready to adopt digital solutions, stationary robots and drones with significant consequences over the declining jobs. The new human-machine frontier will determine a different outlook work in a jobless society, where many roles become automated, while human’s role in these processes is minimized. Purpose of the article: In our opinion, globalization and impact of artificial intelligence on the future of work will be significant. In this paper we try to analyse and clarify the issues in question in terms of smart digitalization, cognitive automation, human-machine frontier and changing employment types. The data used for this research was obtained from previous study conducted by World Bank and OECD. Methods: In order to fulfil our goal, we apply the methods of comparison, analysis, deduction and our estimates for identifying the trends that are shaping the future of jobs and the evolution of jobs caused by technological change. Findings & Value added: In the near future, innovation will continue to accelerate and many artisan jobs are being lost to computerization and office automation. Finally, we formulate our own conclusion and view about digitalization and opportunities to create new jobs, increase productivity, and cost reduction, through innovation and accelerating change.
Highlights
The relationship between big data and cloud computing is strong and complex, but cloud computing provides major solutions for big data [3, 5] while accelerating the benefits of digital data management
Office for National Statistics (ONS) from UK analysed the jobs of millions of people in 2017 and found that some of these were at high risk of being replaced
The projections for the future of jobs in the digital world are related to the structural change in the labour global market [16] and the evolution of human-machine interaction in the decade
Summary
The relationship between big data and cloud computing is strong and complex, but cloud computing provides major solutions for big data [3, 5] while accelerating the benefits of digital data management. The future of work in the digital activities has become uncertain due to disruptive technologies that will allegedly create jobless growth and worldwide unemployment [1]. The future of work is changing as the result of globalization, smart digitalization and cognitive automation. There are many alarming predictions about the changing nature of work and skills in the digital age [2] and strong challenges will be faced by many researchers and managers all over the word. The new human-machine frontier will determine a different view over the future of work in the jobless society, because our society is increasingly confronted with automation, in robotics market and behind fences in factories [3, 24], and on daily activities. The current trend of labour market is changing as a result of three simultaneous important shifts [1]:
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