Question

If automation and technology have increased and evolved exponentially, what does this mean for the job market?

Answer 1

Answer:

Since automation and technology have increased and evolved exponentially, this means that more and more jobs are lost. This is so because the machines that perform automated tasks replace workers who performed these tasks manually and by hand. Thus, automation entails a collateral increase in unemployment rates. For this reason, posted workers must necessarily adapt to new market demands, acquiring new knowledge to acquire new jobs.