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Technology and the Future of Work : Global Trends and Policy Directions for Technological Change in the Labor Market

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Listed:
  • Elizabeth Lorenzo Mata
  • Ramy Zeid
  • Carole Chartouni
  • Johannes Koettl
  • Mehmet Soytas
  • Nayib Rivera

Abstract

The world of work is facing one of the most significant technological transformations since industrialization. Throughout history, technological developments have transformed the economy and shaped jobs. Since the First Industrial Revolution in the late 1700s, employment has changed as new technologies became available and widespread. These transformations create winners and losers. In the process, some workers benefit from technological progress, whereas others are displaced and struggle to remain employable. With the continuous advancement of technology, firms are increasingly inclined to update or embrace new production methods, resulting in the expansion of markets and the emergence of novel industries.

Suggested Citation

  • Elizabeth Lorenzo Mata & Ramy Zeid & Carole Chartouni & Johannes Koettl & Mehmet Soytas & Nayib Rivera, 2024. "Technology and the Future of Work : Global Trends and Policy Directions for Technological Change in the Labor Market," Social Protection Discussion Papers and Notes 191619, The World Bank.
    • Handle: RePEc:wbk:hdnspu:191619
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    References listed on IDEAS

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    1. World Bank, 2019. "World Development Report 2019 [Rapport sur le développement dans le monde 2019]," World Bank Publications - Books, The World Bank Group, number 30435.
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