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Does Technology Devastate The Employment Ratio? Read This To Know!

Does Technology Devastate The Employment Ratio? Read This To Know!


There are many experts suggest that technology is destroying job opportunities for people. It not only raises the unemployment ratio but creates unnecessary financial problems. But how many of you agree with it? We are sure that 90% of you agree to this.


You might be surprised or flabbergasted to know that technology is rising the job opportunities. It may seem funny to you, but read the blog, and you will realise how it boosts the employment.


First, let’s start a discussion about the relation between technology and jobs.


The Relation between Technology and Jobs


If you compare the outcome of the work, then you will find that the efficiency is a boost. Why? It is quite clear that the machine and technology have taken the most repetitive and challenging work. The work that takes two men to complete has now replaced with a single device.


The growth of the production means the nation’s expansion and builds a substantial businesses opportunity.


Let’s understand the incident.


People have to wait for a long time to withdraw money until ATM was introduced. Introduction of ATM boosts the workforce, too, with increased efficiency.


Technology not only affects a single sector, but there are various others too, like:


  • Agriculture

  • Industry

  • Services

It may reduce the need for a person in various regions, such as:


  • Mining

  • Factory Operation

  • Construction of building

But at the same time, it creates job opportunities too. After introducing technology, many sectors, like:


  • FinTech Industry

  • Digital promotion

  • Biotechnology

  • Virtual Reality

  • Online industries

These are the areas where technology generates employment. Many other benefits eventually boost the company’s growth. We have discussed them below.


Advantages of Introducing Technology into the Job Sector


The benefit may shock you, but it is the truth. Read them further.


#1: Initiate Information-Based Process 


It is true that machines replace the laborious work, but bear the knowledge-based works. If you know, then you can get a job. Nowadays, everything is operated with the help of computer and programming.


If you are aware of computer skills, then you can get the job fast. Even the data shows the employment has become double because of software and technical skills. Many companies like Tesla and Google CEO said,


“We don’t care how well you are in studies and up to which class you have studied. If you have the skill, show us and get a job.”



#2: Boost the online income


People are earning £1000 per day with the help of the Internet. Nowadays, every business turns into online firms. You must be aware of the billion-dollar company, Amazon and trillion-dollar firm Alphabet. They started their company online, and now these companies have reached on the top of business.


Numerous people are earning money by making YouTube videos. You can see how useful technology is. It can help you to earn more than you are expected.


#3: Removed mistakes 


Using artificial intelligence (AI) and the Internet of things (IoT) has helped the companies to remove unnecessary human mistakes. These faults may seem small, but many firm face terrible losses because of these errors.


Many things that were difficult to predict by the human, but technology made it easy.


  • Future outcomes

  • Monitoring performance

  • Recruiting the right talent

  • Better customer service

This shows that it does not increase growth but overall develops too. You can only get employed when you know about machinery. These shows today’s world is based on skills, not on the experience.


#4: Make life easy 


No doubt, after introducing technology, life becomes more comfortable. From paying bills to purchase stuff, all can be done with the help of a single click. It is all happening because of start-ups and bringing new brains to earn.


If you are unemployed, then you have an opportunity to earn more than you expect. You can start your small business. Conversely, it requires a bit of investment, but you can take assistance either with loans for unemployed with bad credit score or from investors.


You can even use the money to gain the additional skills that can help you to get the job fast.


These are the four points that show technology is not destroying the job, but it creates more. All you need to develop skills through which you can run machines and beat the competition. The finest part of it is providing you with an opportunity to make passive income methods.


We cannot deny that surviving in this competition is easy, but you have to build strong skills. If you get something new and don’t sure that you can do it. Take the work, accept the challenge and learn how you can do it. It is a formula to build skills in a short time.