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The Future of Jobs in the Digital World

Author

Listed:
  • Luminita IONESCU

    (Spiru Haret University, Faculty of Economic Sciences, 46 G Fabricii Str., District 6 Bucharest, Romania)

  • Maria ANDRONIE

    (Spiru Haret University, Faculty of Economic Sciences, 46 G Fabricii Str., District 6 Bucharest, Romania)

Abstract

The current trends in the global economy depend on the accelerated technology, the trends in robotization, a new human-machine frontier, the changing geography of production, distribution and value chains, a net positive outlook for jobs and a re-skilling imperative in a context of growing skills instability all over the world. Current strategies for business development in the digital word seek to automate work tasks and increase the profits. The new accelerated technology determines significant changes in the employment types, leading to cost control and reduction of expenses. Most of the companies are prepared to find opportunities to use new technologies and to upgrade job quality. However, the job market is perceived differently due to mobile Internet, artificial intelligence and cloud technology. The employers are seeking workers with new skills and talents for adoption of user and entity big data analytics, cloud computing and artificial intelligence. The future workforce must develop their skills or retrain to acquire new skills and to invest heavily in the development of new agile learners in order to perform more flexible jobs and to accept new roles due to business transformation and digital technology in the global economy.

Suggested Citation

  • Luminita IONESCU & Maria ANDRONIE, 2019. "The Future of Jobs in the Digital World," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 5(1), pages 89-94, November.
    • Handle: RePEc:icb:wpaper:v:5:y:2019:i:1:89-94
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    File URL: http://icesba.eu/RePEc/icb/wpaper/ICESBA2019_9IONESCU_P89-94.pdf
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    References listed on IDEAS

    as
    1. Francesco Caselli & Alan Manning, 2019. "Robot Arithmetic: New Technology and Wages," American Economic Review: Insights, American Economic Association, vol. 1(1), pages 1-12, June.
    2. Zhang, Pengqing, 2019. "Automation, wage inequality and implications of a robot tax," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 500-509.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. ANDRONIE, Maria & Ionescu, Luminita, 2019. "The Influence Of Cloud Technology In Transforming Accounting Practices," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 19(4), pages 27-34.

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    More about this item

    Keywords

    economy; employment; accounting; education;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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