Digital technologies make organizational change
Do you agree that New digital technologies, machines become increasingly able to perform tasks that previously only humans could do? Production processes and organizations are changing through new products, services and business models. These trends have important implications in labour markets. The recent technological change has little effect on the aggregate number of jobs but leads to significant restructuring of jobs. This implies digitization induces shifts in skill requirements, and workers’ fate in changing labour markets crucially depends on their ability to keep up with the change.