Impact of Technological Advancements on Work and Employment Patterns

Abstract

Purpose: This study sought to examine the impact of technological advancements on work and employment patterns.

Methodology: The study adopted a desktop research methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive's time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library.

Findings: The findings reveal that there exists a contextual and methodological gap relating to the role of religion in shaping social attitudes towards LGBTQ+ rights. The study provided comprehensive insights into the transformative effects of technology on the labor market. Through an analysis of existing literature and empirical studies, the research highlighted the emergence of job polarization, non-standard forms of employment, and the growing importance of education and skills development in the digital economy. The findings emphasized the need for proactive policy responses to address the challenges posed by technological change while harnessing its benefits for inclusive and sustainable economic growth. Overall, the study contributed valuable knowledge to the understanding of how technological advancements shape work and employment patterns, guiding future efforts to navigate the complexities of the digital age.

Unique Contribution to Theory, Practice and Policy: The Structural Transformation theory, Skill- Biased Technological Change theory and Institutional theory may be used to anchor future studies on technological advancements on work and employment patterns. The study provided recommendations that contributed to theory, practice, and policy. It called for further research to explore the mechanisms underlying the relationship between technology and employment. Additionally, the study emphasized the importance of investing in education and skills development to prepare the workforce for the challenges of the digital economy. From a policy perspective, proactive measures were recommended to promote inclusive and sustainable employment growth, including strategies to support workers through transitions and ensure equitable distribution of benefits. Collaboration between stakeholders and ongoing monitoring and evaluation of policy interventions were also highlighted as crucial for addressing the socio-economic implications of technological change.