Working on the robot society Flashcards

1
Q

Historic effect of technology

A

Elimination of jobs in old sectors but creation of jobs in new sectors

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2
Q

“Jobless” growth phenomenon

A

Economic growth without job growth, often caused by new technological innovations

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3
Q

Job Polarisation

A

Growth of high and low skilled jobs at the expense of middle-skilled or routine jobs; caused by IT revolution

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4
Q

Skill-Biased Technological Change Theory

A

technological change bosts demand for high-skilled workers, ultimately leading to greater skill across the entire working population

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5
Q

Routine-Biased Technological Change Theory

A

technological advancements disproportionately affect and replace routine, repetivive tasks, leading to decline in middle-skilled jobs and contributing to job polarisation

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6
Q

Factors that can affect job polarisation

A

labour market regulations, minimum wages, trade unions

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7
Q

Theories on Automation

A

machines will replace human workers more extensively than in the past

VS

predictions of technological progress are overstated

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8
Q

Dancing with Robots Framework

A

the idea of humans and robots working collaboratively to enhance productivity and efficiency in various fields by combining the strengths of both

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9
Q

Globalisation - effects on job market

A

leads to elimination and relocation of jobs as high-grade jobs can be performed at lower-cost locations

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10
Q

Skills mismatch - underqualification and overqualification

A

occurs when the skills and qualifications of available workers do not align with the skill requirements of available job positions in the labor market - includes both over and underqualification

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11
Q

First and Second Machine Age

A

The “First Machine Age” represents the period during the late 18th and early 19th centuries when the Industrial Revolution introduced mechanization and steam power, while the “Second Machine Age,” often associated with the late 20th and early 21st centuries, is marked by the widespread adoption of digital technology, computers, and automation, transforming various aspects of society and the economy.

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12
Q

Importance of Education and Training in context of Job Polarisation

A

essential to tackling skills mismatch and getting people working (again)

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13
Q

HR strategies to Tackle Job Polarisation

A

self-managing teams, job rotation, training in cooperation, information sharing, strengthening relationship between businesses and educational instutions

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14
Q

Skills that Differentiate Students from Computers and are thus important in the Second Machine Age

A

creativity, interpersonal skills, metacognitivie abilities, digital literacy

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15
Q

OECD Skills Outlook

A

in-depth analysis by OECD of skills development and utilization in member countries, offering insights and policy recommendations related to education, training, and labor market issues to enhance individuals’ skills and improve economic and social outcomes

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16
Q

Platform #Onderwijs 2032

A

Netherlands initiative focused on defining the skills children will need as they enter school and the labour market in 2032

knowledge for learning and work, personal development, and social development

17
Q

Three Industrial Revolutions

A

The three industrial revolutions include the first, characterized by mechanization and the steam engine, the second marked by electricity and mass production, and the third, also known as the Digital Revolution, defined by the rapid growth of digital technology and automation.

18
Q

Phenomenons facilitated by the second machine age

A

outsourcing, offshoring, automation of cognitive tasks, internationalisation, flexibilisation, platformisation of labour, virtual network organisation, on-demand work access

19
Q

Gini coefficient

A

numerical measure of income or wealth inequality within a population, with 0 representing perfect equality and 1 representing perfect inequality

20
Q

Platform capitalism

A

economic and business model where digital platforms, often operated by technology companies, facilitate and mediate interactions and transactions between users, enabling the exchange of goods, services, or information, while the platform operator often derives revenue through various means like fees, advertising, or data collection

21
Q

Focus of Public Debate on robots in the Job Market

A

The public debate often emphasises whether robots will lead to more or fewer jobs, while other essential themes, such as the societal aspects of IT and changes in labour organisation, receive less attention

22
Q

Robot Society

A

a future envisioned scenario where automation and technology significantly influence employment and broader societal dynamics, explored through insights and scientific perspectives on the relationship between technology and employment

23
Q

Possible Solutions to Job Impacts of IT

A

socially responsible innovation, education, and prosperity

Primary and secondary education should equip children with essential skills for the evolving economy, including metacognitive skills, entrepreneurship, and e-skills (#Onderwijs 2032)

Retraining and further training are vital for redundant workers, and matching demand and supply in the labor market is discussed

investment in digital skills and inclusive technology for disadvantaged populations

regulating platforms and preventing monopolies is introduced

balance between regulation and innovation is emphasized as these new business models offer opportunities for economic growth