Tag Archives: job losses

The ongoing Covid-19 pandemic has had a strong impact on the job market and on its evolution. The idea that once the pandemic will be over everything will go back to the previous normal is no longer viable. True, employment levels will start to grow but that will take time, …

In the last century automation has resulted in a loss of jobs because machines could replace human workers. On the contrary, in most cases the Digital Transformation results in a loss of jobs because those jobs are no longer needed. There is not a machine (robot or software) that is …

The Pandemic Impact on the Gig Economy The recent pandemic hit the Gig Economy and possibly changed its evolution in two main ways: Emphasised the critical work environment with low societal protection Boosted the Gig Economy with, possibly, lasting effects Critical Work Environment The insecurity of work intrinsic in the …

Shaping the Economic Recovery That the economy has taken one of the biggest downturn in recent history is a fact. The intertwining of business and value chains across the planet has made it not just “global”, it made it worse since a glitch in a supply chain affected the whole …

Revitalising Global Cooperation We live in a competitive world. The increased effectiveness of communications and logistic infrastructures, the former transporting thoughts, knowledge and ideas the latter goods, components and products has made the world even more competitive than in the past creating a single huge marketplace steering demand and a …

It is obviously too early to draw conclusion on the long term impact of the pandemic, however some trends are starting to emerge: Acceleration of the Digital Transformation — and slow down The pandemic, as I pointed out in the previous posts, has accelerated the execution of the Digital Transformation …

The Gig economy has been hit by the Covid-19 containment actions like most other areas of economy but here the people making a living out of the gig economy have found themselves without any protection. No severance pay, no Government help. This is something that was pointed out in the …

In the previous posts I highlighted the acceleration to Digital Transformation, DX, caused by Covid-19 resulting in both upsides and downsides. However, what is seen today as a DX acceleration, the uptake of home working, home eduction, digital health care and so forth may end up in a slow down …

After the last post considering the upsides of the Digital Transformation let’s take a loot at its downsides (as before, please comment and add): The approach to Digital Transformation is often pursued through the addition of “computers”. This increases complexity (real or perceived) and does not reduce resource consumption, it …

I recently run onto a study by the Brookings Institutions as I am preparing to give a talk on the future of work.  The study focuses on the US but there are several similarities that would make it applicable to other parts of the world. One of the thing that …