6 Jan 2023

202

How Technological Boom Has Changed Job Landscape

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Academic level: College

Paper type: Essay (Any Type)

Words: 845

Pages: 3

Downloads: 0

Cause/Effect Outline 

Introduction-A brief introduction of evolution in technology, factors influencing its boom and the consequent impact of increased dependence of technology at the workplace. 

Hook/Lead: surprisingly, technology has not resulted in the reduction of jobs but the creation of peripheral jobs to support the existing ones. 

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Thesis: Technological boom has been influenced by the necessity for more efficient and superior systems that can positively reinforce output and solve different challenges through increased efficiency, output and accuracy in some jobs. 

I. The fundamental transformation in various scientific ideas, an increased need to ease production and have more efficient forms of production influenced the technological boom. 

Technological disruption in different fields. 

1. The dot-com bubble 

2. Internet expansion 

The internet and globalization 

II. Automation of jobs 

Introduction of ATMs and the banking sector 

1. Reduction of the number of tellers 

2. Increased in baking halls 

Bookkeeping 

HR and employee recruitment 

III. Increased efficiency, hence, more output 

Lean manufacturing 

Waste reduction 

2. Profit increase 

Online business undertakings 

Gig jobs and increased production in different spaces 

Conclusion: A recap of the forces between technological boom, the effects of automation of jobs and how job efficiency has increased after 

Essay 

Surprisingly, technology has not resulted in the reduction of jobs but the creation of peripheral job opportunities to support the existing ones. Without a doubt, the technological revolution is one of the most disruptive elements of the 21st century. The unprecedented changes have been influenced by the need for individuals in different spaces to solve problems with minimal efforts. One of the most significant impacts that it has had is the revolution of the workplace. There are have been a concurrent extinction and creation of new jobs due to automation. Additionally, change in output has been realized, especially in manufacturing, where through lean manufacturing, waste has been reduced through streamlining of production. Most importantly, technology has increased job efficiency, enabling individuals to easily trade online and remotely offer their services to individuals beyond particular geographical boundaries. The technological boom has been influenced by more efficient and superior systems that can positively reinforce output and solve different challenges through increased efficiency, output, and accuracy in some jobs. 

The fundamental transformation in various scientific areas, an increase in the need to ease production and have more efficient forms of production, influenced the technological boom. The industrial revolution had a hand in this. Particularly, when there was a need for more efficient and productive systems in the industries, there was an expansion of ideas and innovation. The dot.com bubble and internet expansion further reinforced the technological boom. After the release of web browsers, different stakeholders were eager to invest in .com industry. Subsequent internet expansion by companies such as telecom increased technological expansion. Increased participation by other stakeholders who pushed on innovation in different fields ensured the dispersion of technology, hence, it became a global phenomenon.  

Technology has directly changed some jobs through their automation.  

Technology has influenced the automation of jobs, which has led to tremendous changes in banking, bookkeeping, and HR-related undertakings. When the ATMs were introduced in the US in the 1970s, there was a drastic reduction in the demand for tellers. The change, however, resulted in the opening of more banks because of less operation cost, given the need for less employees. Another job that has significantly changed is bookkeeping. Today, electronic records are a common phenomenon in different spaces. Today, manual bookkeeping has drastically reduced since storage and retrieval of information is done using computers. Human resources have also been positively influenced. Today, it is possible to advertise jobs to a global audience and recruit talent online. These changes are likely to be more disruptive, given the future for novel innovations in automation. Carr (2013) asserts that "What's most astonishing and unsettling, about computer automation is that it's still in its early stages,"  

Technology has also influenced efficiency hence, industrial undertakings, businesses and the gig economy. Toyota exemplifies lean manufacturing in action and the significant changes in manufacturing. Through technological incorporation into manufacturing, the company has significantly reduced waste while maximizing profits. This has mainly been influenced by reduced production and response time, hence serving a broader base of customers. Efficiency can also be viewed through the lens of increased online businesses. Technology has revolutionized businesses to the extent that people do not need physical stores to sell their products today. An example is Amazon, an online platform that allows individuals to shop regardless of their physical location. This has also been enabled by online money transfer, an aspect that is also a product of the technological revolution. Most importantly, it is impossible to ignore the transformation in the jobs categorized under the gig economy. Today, one can advertise on different platforms and acquire services remotely or employ the best talent on temporary projects. This has mainly been influenced by how technology has positively affected labor mobility. Since it has eased the way people can hire and search for labor, it has positively impacted the existence of other peripheral jobs. This has also been influenced by the need for human support in the automated jobs as Carr (2013) assert that “no machine is infallible.” 

In conclusion, technology is a disruptive force influenced by the industrial revolution and the increased need for better problem solving and production techniques. Technology has mainly influenced job automation and has impacted the banking sector, human resource management, and bookkeeping. At the same time, it has reinforced efficiency and increased output. Lean manufacturing is an example of how jobs have changed through technology to minimize waste and increase production. Increased online trading and the existence of gig jobs also shows that the nature of different jobs has drastically changed over time.  

References 

Carr, N. (2013). All can be lost: The risk of putting our knowledge in the hands of machines. The Atlantic , 11 , 1-12. 

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StudyBounty. (2023, September 14). How Technological Boom Has Changed Job Landscape.
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