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Technology and the Future of Work

The Impact on Labour Markets and Welfare States

Bent Greve

Changes in the labour market demand new solutions to mitigate the potentially dramatic wiping away of jobs, and this important book offers both analysis and suggestions for change. Bent Greve provides a systematic and vigorous assessment of the impact of new technology on the labour market and welfare states, including comprehensive analysis of the sharing and platform economies, new types of inequality and trends of changes in the labour market.
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Chapter 2: New technology: what is new?

The Impact on Labour Markets and Welfare States

Bent Greve

Extract

History is full of discussion of the risk of technological unemployment. A short history going back to the Luddites will illustrate that this risk has always been there, and that the fight against technological progress always has been lost in the sense that new technology has been implemented and used regardless. Therefore, the question is more how to embrace new technology and use the options provided by it, while at the same time try to ensure options for those who perhaps are less well positioned in the labour market. New technology can produce more efficiently, which will reduce the demand for labour in the years to come, unless new types of production or services – and by this also new jobs – will develop, which will be discussed further in Chapter 3.

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