Explain the impact of automation on the labour markets.
Automation, the use of technology to perform tasks once done by humans, is reshaping the labor market dramatically.
Positive Impacts:
Negative Impacts:
Adapting to Change:
To mitigate negative impacts and capitalize on opportunities, strategies include:
Ultimately, the impact of automation on the labor market is complex and depends on how societies and individuals respond to these challenges and opportunities. A balance between technological advancement and human well-being is crucial.