fbpx

Danijela Sokolic – University of Rijeka, Faculty of Economics and Business, Ivana Filipovica 4, 51000 Rijeka, Croatia

7th International Scientific-Business Conference – LIMEN 2021 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Online/virtual, December 16, 2021, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-54-7, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2021

Keywords:
New forms of employment;
Automation;
Artificial intelligence;
Displacement effect;
Reinstatement effect

DOI: https://doi.org/10.31410/LIMEN.2021.61

Abstract

The level of resources invested in STEM, innovation and R&D has never been higher, resulting in new technologies that are promising higher return rates and a new competitive edge. Technology development is influ­encing the way the work is performed, thus changing the structure of the organization, content of work and demand for workers` skills. Thus, tech­nology development changes industries, organizations and occupations. When occupations are displaced, many workers are forced to reconsider their possibilities at the labor market and to broaden their job perspectives by upgrading their skills portfolio. At the same time, due to the increase in production productivity, new products and services are offered, and new markets emerge. Thus, new jobs are instated and new skills for performing them are required. Technology development led by automation (including AI, ML, etc) and digitalization have found creative and efficient ways to change traditional business models, not necessarily through resource inter­nalization and standard employment agreements. This paper is elaborating on the concept of job and employment, and the effect technology advance­ments have on labor markets. Findings are related to newly emerging forms of employment and their implications for organizations and workers.

Download file

LIMEN Conference

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

References

Acemoglu, D. & Restrepo, P. (2017). Robots and Jobs: Evidence from US Labor Markets. NBER Working Paper No. 23285

Acemoglu, D. & Restrepo, P. (2018). Artificial Intelligence, Automation and Work. NBER Work­ing Paper No. 24196

Acemoglu, D. & Restrepo, P. (2019). Automation and New Tasks: How Technology Displaces and Reinststes Labor. Journal of Economic Perspectives, Vol. 33, No. 2, pg. 3-30

Acemoglu, D. & Restrepo, P. (2020). The wrong kind of AI? Artificial intelligence and the fu­ture of labour demand. Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 13(1), pg. 25-35

Autor, D. & Salomons, A. (2018). Is Automation Labor Share–Displacing? Productivity Growth, Employment, and the Labor Share. Brookings Papers on Economic Activity, The Brook­ings Institution Press

Babić, A.; Vlačić, E. and Sokolić, D. (2019). Strategic Positioning of Emerging 5G Technology – Barriers and Perspectives. Journal of Corporate Governance, Insurance, and Risk Man­agement (JCGIRM), 2019, Volume 6, Series 1, pp. 10-22

Brynjolfsson, E. & McAfee, A. (2014). The Second Machine Age: Work, Progress, and Prosper­ity in a Time of Brilliant Technologies. New York: W. W. Norton

Cvecic, I., Sokolic, D. & Kastelan Mrak, M. (2018). Higher education and economic prosperity at regional level. Revista Portuguesa de Estudos Regionais, no. 52, pp. 9-25, 2019.

Dahlin, E. (2019). Are Robots Stealing Our Jobs?. Socius: Sociological Research for a Dynamic World, Volume 5: 1–14

Eurofound (2021). The digital age: Implications of automation, digitisation and platforms for work and employment. Challenges and prospects in the EU series, Publications Office of the European Union, Luxembourg.

Eurofound (2020). New forms of employment: 2020 update. New forms of employment series, Publications Office of the European Union, Luxembourg.

Eurofound (2015). New forms of employment. Publications Office of the European Union, Lux­embourg.

Ford, M. (2016). Rise of the Robots: Technology and the Threat of a Jobless Future. Basic Books, New York

Frey, C. B. & Osborne, M. A. (2017). The Future of Employment: How Susceptible Are Jobs to Computerisation?. Technological Forecasting and Social Change, Vol. 114: 254–80

Gonzalez Vazquez, I., Milasi, S., Carretero Gomez, S., Napierala, J., Robledo Bottcher, N., Jonkers, K., Goenaga, X. (eds.), Arregui Pabollet, E., Bacigalupo, M., Biagi, F., Cabrera Giraldez, M., Caena, F., Castano Munoz, J., Centeno Mediavilla, C., Edwards, J., Fer­nandez Macias, E., Gomez Gutierrez, E., Gomez Herrera, E., Inamorato Dos Santos, A., Kampylis, P., Klenert, D., López Cobo, M., Marschinski, R., Pesole, A., Punie, Y., Tolan, S., Torrejon Perez, S., Urzi Brancati, C., Vuorikari, R. (2019). The changing nature of work and skills in the digital age. Publications Office of the European Union, EUR 29823 EN, Luxembourg, ISBN 978-92-76-09206-3, doi:10.2760/679150, JRC 117505

Graetz, G. & Michaels, G. (2018). Robots at Work. Review of Economics and Statistics, Vol. 100, Issue 5

Harari, Y. N. (2018). 21 Lessons for the 21st Century. Penguin Random House, UK

Kastelan Mrak, M. & Sokolic, D. (2017). The Evolution of Work Organization and its Impli­cation for Educational Policies and Managerial Practices. Proceedings of the 6th Inter­national Scientific Symposium Economy of Eastern Croatia – Vision and Growth (Anka Masek Tonkovic, ed.), ISSN: 1848-9559, University J.J. Strossmayera Osijek, Croatia, pp. 335-344.

Manyika, J. et al. (2017). A Future That Works: Automation, Employment and Productivity”. McKinsey Global Institute, McKinsey & Company, Available at: www.mckinsey.com/mgi

Muro, M., Maxim, R. & Whiton, J. (2019). Automation and Artificial Intelligence: How ma­chines are affecting people and places. Metropolitan Policy Program at Brookings.

Satchell, P. (1998). Innovation and Automation. Aldershot, UK: Ashgate

STEP Skills Measurement Surveys: Innovative Tools for Assessing Skills, World Bank, 2014

Volti, R. (2011). An Introduction to the Sociology of Work and Occupations. SAGE Publications, Inc; 2nd edition.

Connect with us

Association of Economists and Managers of the Balkans – UdEkoM Balkan
179 Ustanicka St, 11000 Belgrade, Republic of Serbia

https://www.udekom.org.rs/home

Udekom Balkans is a dynamic non-governmental and non-profit organization, established in 2014 with a mission to foster the growth of scientific knowledge within the Balkan region and beyond. Our primary objectives include advancing the fields of management and economics, as well as providing educational resources to our members and the wider public.

Who We Are: Our members include esteemed university professors from various scientific disciplines, postgraduate students, and experts from ministries, public administrations, private and public enterprises, multinational corporations, associations, and similar organizations.

Building Bridges Together: Over the course of ten years since our establishment, the Association of Economists and Managers of the Balkans has established impactful partnerships with more than 1,000 diverse institutions across the Balkans region and worldwide.

LIMEN conference publications are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.