What is technological unemployment? Is this a problem in today's society? Explain.?

Answer 1

Technological unemployment is what supposedly happens when technology makes workers redundant. For example, the advent of electricity put out of work a lot of candlemakers; the invention of automobile had a similar effect on workers involved in horse breeding and making carriages, riding accessories, and other horse-related products.

Is it a problem in today's society? Yes and no. It is definitely a problem for the workers (and business owners) whose skills (and investments) become obsolete, so they have to find a new way of making a living, which is never an easy thing, especially if you are over 40. The number of individuals affected, however, tends to be relatively small, so the society as a whole rarely notices, especially since technologies that create technological unemployment in the declining industries also create technological employment in rapidly expanding industries.

Answer 2

What is technological unemployment?

Unemployment resulting from the application of new technology, either by eliminating jobs or by changing the nature of work so that those who had performed the work no longer have applicable skills to do so.

Is this a problem in today's society? Yes.

A change in the process of creating or improving any product may result in the factory moving somewhere else to get closer to new materials, new labor and or new skills. to meet the requirements of the improved product.

Answer 3

It is when you are fired or 'let go' from a job because they have figured out a way to have a machine do your job. Often, people who work in factories, or machinery field (or the operaters of call lines) are being displaced by automated workers or voice networks. And it is a problem because those people have find new lines of work. And some of them do not have the training to do other things. It saturates a field that is already saturated. It creates less humanity in crafting and more frustration in the customer service fields. But it continues to happen. And like still will.