Open AccessExploring the Revolution on Jobs and Its Overall Challenges in the Field of Engineering and Technology with Statistical Aspects
Author(s) -
Ramila Devi Ram Sing,
Dr.S. Vadivelu
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.b2816.078219
Subject(s) - space (punctuation) , work (physics) , business , field (mathematics) , management , marketing , engineering , economics , computer science , mechanical engineering , mathematics , pure mathematics , operating system
Technology has been developing instantaneouslysince the beginning of the 19th century from the inventions oflight bulb by Thomas Edison to the space shuttle by NASA(National Aeronautics and Space Administration). Technologycontributes to the GDP growth, transforms work force, enhancesbusiness innovation and creates jobs. Rapid development oftechnology has created many newer industries and professions forinstance, Facebook created worldwide 182,000 jobs (WorldEconomic Forum, 2016) and it is expected informationtechnology sector will grow by 22 percent by 2020 (WorldEconomic Forum, 2013). Nevertheless, technology is creatingmany employments; it is also replacing many other jobs withtechnological breakthrough (Arntz,Gregory &Zierahn, 2016).The study of this paper is to identify the technology challenges andits implication to the future job market, economy as well ashuman resources practices. The paper also suggests means ofaddressing the areas and recommendations for future research inthis area.