Change is sometimes a difficult question to discuss as we cannot always predict the outcomes of our actions and any new methods that we try to endorse can be altered by an unforeseen factor. However, as the world is becoming more and more interconnected and innovative technologies are bringing new challenges and resources into the economy, thus it has become apparent that both people and businesses have to change and adapt in order to survive in this new environment. In Klaus Schwab’s The Fourth Industrial Revolution, specifically the section in regards to employment, the author argues that “despite the potential positive impact of technology on economic growth, it is nonetheless essential to address its possible negative impact, at least in the short term”
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35).
It’s no surprise that there is significant concern for this impending shift, fears that computers and automatons will one day replace most, if not all manual trades, leaving a majority of people without convenient methods to make a living. Of course, there are some who have made the counterarguments claiming that with the implementation of these innovations that new occupations will rise up and with the convenience of the internet it’s easier now than ever to connect and network with others. In reality, however not everyone can easily make the transition, these new jobs usually require an entirely different set of skills to apply for and the older, usually more traditional generations tend to have limited knowledge when it comes to handling modern technology. There is also the matter of preferences and education as not everyone will want to switch to a new job,
35).
It’s no surprise that there is significant concern for this impending shift, fears that computers and automatons will one day replace most, if not all manual trades, leaving a majority of people without convenient methods to make a living. Of course, there are some who have made the counterarguments claiming that with the implementation of these innovations that new occupations will rise up and with the convenience of the internet it’s easier now than ever to connect and network with others. In reality, however not everyone can easily make the transition, these new jobs usually require an entirely different set of skills to apply for and the older, usually more traditional generations tend to have limited knowledge when it comes to handling modern technology. There is also the matter of preferences and education as not everyone will want to switch to a new job,