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The rise of new technologies has impacted all facets of the business world, including job markets. If you wonder how workers can adapt, this article will help you understand.
Emerging technologies will change how business is conducted and challenge business leaders to rethink how work gets accomplished. Knowledge base workers and manual laborers must seriously consider the value they bring to a given employer. Upskilling is a crucial success factor for everyday workers to enhance their value and opportunities to remain competitive in tomorrow’s job markets.
We all can agree that over time technology has changed how we live our lives and introduced levels of conveniency that we otherwise would not experience without technology enablement. The same level of convenience can now be shared by businesses everywhere and across industries. There’s a new type of worker entering the labor force for knowledge-based jobs, which rely on using information to carry out tasks and often require intangible skills like problem-solving or critical thinking. In contrast, manual labor includes tangible work that requires physical strength and technical know-how to operate the equipment directly through its interface rather than via keyboard strokes. Both laborers will experience the dynamic shift in job functions, roles, or entire occupations due to the influence of emerging technologies such as RPA/software bots (knowledge-based labor) and robotics/hardware bots (manual labor).
Let’s face it, some development of a robot powered by data and AI will be the conveyance factor that most businesses can’t survive without. This technological advancement will be met by a need among companies seeking higher levels of expertise for advantageous returns that will help them grow even more rapidly than before!
Whether you are a current knowledge worker or labor worker, we all must upskill and become more tech-savvy to position ourselves to be future-ready as these new technologies become widely adopted and implemented at every touchpoint of business.
Employers will invest in more innovative ways to deliver results, making jobs more manageable for humans to perform. With emerging technologies simplifying processes, businesses are continuously seeking candidates with the right skillsets to add value to their operations, so both knowledge workers and labor workers must raise their knowledge to remain competitive in the future labor market. And that future is happening now.
Business leaders will be forced to change how they conduct business. When emerging technologies are used to automate routine tasks, they create more value for businesses. However this increase in productivity comes at a cost: robots need people who know how to use them, work with their input devices or interfaces, and perform maintenance and programming functions to maximize return on investment. The demand for knowledgeable workers who can take advantage of emerging technologies is increasing as they provide valuable insights to businesses.
It should also be noted that the labor market has been polarized; while some jobs or occupations have been stagnant over the years, lacking innovation, others have increased in wages and skill sets that align with the future of work. Recruiters are expecting more skills from potential candidates that align with this future.
In conclusion, jobs, whether knowledge work or labor work, is a collective task of manual, cognitive, and social functions that produce desired outcomes. These technologies provide workers with tools, data, analysis, and overall better insights to help discharge some of their duties so they can focus on more meaningful tasks that increase their contribution and value to their employer.
As a member of this marketplace called the labor force, technological evolution will continue to revolutionize how businesses operate, ultimately increasing the roles, responsibilities, and expectations that a given employer expects of its workforce.
The effect of emerging technologies on the enhancement of both manual labor work and knowledge-based work is still unquantifiable. More changes in the business world are expected to occur in the years to come.