Technology is getting smarter, taking on cognitive abilities and tasks once thought the sole domain of people. In the last few years, declining costs and greater technological sophistication has made automation more accessible to large and small companies alike, increasing the speed and scale of technology uptake, with a range of implications for labor markets around the world. It is essential that we approach this wave of innovation in a way that creates widespread benefits for people, society, and business.
This issue brief shares emerging analysis and perspectives on the challenges and opportunities for business to create and preserve quality employment in an era of rapid technological change. It is focused on the impact of automation and major technology trends on low-skilled workers and vulnerable groups, particularly in labor-intensive industries such as manufacturing.