Thursday, March 1, 2018

Study - The impact of new technologies on the labour market and the social economy - 01-03-2018

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Study - The impact of new technologies on the labour market and the social economy - 01-03-2018

01-03-2018 12:00 AM CET

This study – through examining the relationship between innovation, new technologies, employment and inequality – investigates the potential employment effects of new information and communication technologies. The study reviews the existing literature and experiences with previous technological revolutions, and argues that the race between job creation through new products and job destruction from process innovation was won in the past by the job-creating effects of innovation. It concludes that there is an uneven distribution of the costs of digitalisation because of the skill-biased nature of technological change so the challenge of the future lies in coping with rising inequality from technological change. The study also proposes a set of policy options for dealing with the employment effects of digitalisation.

Source : © European Union, 2018 - EP


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