The Future of Work
The incipient "fourth industrial revolution" is characterized by the sustained advancement of certain information and communication technologies (ICTs) such as artificial intelligence (AI), machine learning (ML) and robotics that are profoundly re-configuring the formats of capitalist production at a global level. (Frey, Osborne, 2016, IDB, 2021, WB, 2020, ECLAC, 2022)
These new technologies (big data analytics, internet of things, 3D printing, smart sensors, etc.) are intensively reorganizing patterns of production, consumption and trade. Consequently, they also have an impact on work processes and systems.
Different studies and reports have analyzed the potential effects of automation, robotization and digitization on the future of work. Some of which highlight that these new technological processes will likely displace up to 85 million jobs within the next five years. At the same time, they also indicate that robotization could generate 97 million new jobs in medium and large companies across 15 industries and 26 national economies (WEF, 2019, 2022).
Other studies indicate that more than 60% of the jobs that are carried out today could either be replaced or complemented by the use of AI platforms and warn that the speed of technological change and the need for skills retraining will result in concerning asymmetries between high-income and low-income countries (Nübler, 2016, FES, 2017).
Below you will find some of the most recent projects, publications and activities from the members of our network concerning the future of work.