Question 2

3

QUESTION 2

Question2

Question2

Alarge percentage of workers in the labor market are classified asmiddle skill level jobs. This includes both factory and office jobs.These jobs mainly consist of routine jobs. Only the highly skilledjobs which require advanced technical knowledge and skills and lowskills jobs which are basically manual jobs are not routine.Advancement in technology has critical impacts on routine jobs. Thesetechnologies include hardware and software technologies. Technologyhas simplified routine jobs, which has resulted into mechanization ofsome of the basic operations. As a result, organizations are movingfrom labor intensive workplaces to capital intensive operations whereroutine jobs are done by machines, which are more accurate and fast(Autor &amp Dorn, 2013). This advent of robotic technologies inmanufacturing has one of the most enduring impacts of technology inroutine jobs. Software such as accounting and data analysis softwarehave also simplified some of routine office and accounting work. Astechnology takes more routine jobs in the job market, thousands ofjobs are at risk. For example, automation of will significantlyreduce the number of workers doing routine jobs. This is the mostsignificant impacts of technology in job simplification (Goos, 2014).

Adoptionof technology that simplifies routine jobs in an organization isdesirable. This is because capital intensive operations are morecost effective compared to human intensive operations. Additionally,the use of technology is more efficient compared to humans. This willresult into reduction in the cost of operation and consequentlyprofitability of the business organization (Brynjolfsson &ampMcAfeee, 2011). However, it is important to note that the adoption oftechnologies that simplify routine tasks is an expensive venture andtherefore the benefits are accrued in the long-term.

References

Autor,D. &amp Dorn, D. (2013). The growth of low skill service jobs andthe polarization of the US labour market”. AmericanEconomic Review2013, 103(5): 1553–1597.

Brynjolfsson,E. &amp McAfeee, A. (2011). Raceagainst the machine: How the digital revolution is acceleratinginnovation, driving productivity and irreversibly transformingemployment and the economy.MA, Digital Frontier Press Lexington.

Goos,M. et al (2014). &quotExplaining Job Polarization: Routine-BiasedTechnological Change and Offshoring”. AmericanEconomic Review,104(8): 2509-26.