IAM Group Ltd. Singapore Insight

Technology Advancement as a Continuous Sustenance for Employment

Technology innovations and improvements lead to unemployment, definitely, there’s no point denying that, but what technology innovation creates is more jobs too. Machines still need to be maintained and quality controlled. Even if a job is taken away a new job is created. Machines and robotics have replaced a need for minimum wage workers, working high risk jobs on the factory floor like in car manufacturing, instead of needing basic qualifications, the machines require operators with a higher level of education. It is also notable that right now, automation and robotics aren’t what’s going to cause high unemployment; they’re what might save us from even higher unemployment.
Experience is an amazing thing and combined with the standard of knowledge there’s nothing to say that workers being phased out can’t become the master of the new machines.

Without autonomy though, businesses would become inefficient and too costly causing them to shut down anyway, so technology advancements are necessary to save more unemployment than there is already!
Markets adapt. Automation has already happened. Between that and outsourcing, fewer people are pursuing manufacturing jobs. Younger blue collar workers who would have ended up in manufacturing are pursuing different vocations.

Summing up, with the right education and experience, someone about to lose their job could gain a better higher paid one. Instead of thinking what jobs are lost when technology is implemented, we need to look at what benefits there are, what jobs are saved and what jobs are created. Trying to stay in the past is just a slow and painful end to the inevitable. Rather change now and salvage something than lose everything altogether.

The more that’s automated the more productive (i.e., valuable) people will be when they take on other jobs.

Leading members of IAM Group Limited in Yokohama, Japan have been the pioneer of all things technological. As new advances push through, IAM Group Ltd and its front managerial members allocate advise fellow members with the necessary resource like manpower management to certain areas that demand them. In fact, IAM Group opened more employment tips and how-to’s for companies that have systems that dedicate to productivity.