It is estimated nearly half of the current workforce will be affected by the transition of human labor to automation, robots and artificial intelligence in the next 20 years. Well, it is not new news right. People have been talking about it since before.
Automation and robots had a brief reprieve from charges that they were the primary cause of job losses in some countries.
What Have People Said About Automation or Technology Implementation
First and foremost, Human Resources Minister M Kula Segaran said about 11 to 54 percent of current jobs would be affected due to the relocation of the workforce as expected by most employers.
“Nearly 50 percent of companies expect automation to lead to a reduction in the full -time workforce by 2022.
The Covid-19 CRISIS, which caused the worst recession for Singapore so far, has left an unequal impact on the economy.
How To Deal With These Changes:
1) Government Need To Review the Education System
First and foremost, rapid changes in technology mean employees need to acquire new expertise as quickly as possible. We cannot avoid changes, aren’t we? The current education system is adapting to change too slowly and operating ineffectively in the new world era.
“We need an education system that provides lifelong education, and a culture that promotes that direction,” Stephane said.
He said apart from making higher education cheaper and worthwhile, programs focused on vocational expertise were very important. Apart from the government, the private sector also needs to invest in their workforce to train new skills.
2) Change The Worker Protection System From A Safety Net To A ‘trampoline’
Second way to cope with changes is adapting to the changes. The tax system, health care, unemployment insurance and pensions were created for the industrial era and it will not benefit anyone in the future if no major reforms are done.
“For decades, this system has been coordinated with the majority of employees appointed. However, when the era changes, even if the change is fast, all parties need to look at the unification of the protection and benefits system to ensure that employees get the appropriate benefits, “he said.
Most experts in economics said to ensure the protection system was successful in the future, it needed to use technology to provide more effective benefits.
3) Give Employees More Freedom And Flexibility
Third thing that we could do as a way to cope is a joint action. Joint action between government and business will make human life easier and inclusive.
This collaboration can begin by creating long-distance jobs, flexible schedules and using technology platforms. Like some upper management said, working in an office is less practical for newlyweds, single parents and individuals with disabilities in the community. However, if the option of working from home and having their own work schedule is created, more people in the community will earn an income.
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Are we experiencing a time of job loss that has never been seen before in history? Is this a part of a cycle that began long before the Industrial Revolution? Is it possible to retrain our workforce in order to accommodate these changes? Or will the chasm between educated and uneducated workers widen even further? Read more online to find out. …